Behavioral Information Strategies and Financial Satisfaction: A Mediating Effect of Financial Opportunity

Abstract

Purpose: The purpose of this research is to examine the information processing strategies' influence on the financial satisfaction of investors. This research also investigates the mediating influence of financial opportunities. Design/Methodology/Approach: The proposed model's relationship is examined using mixed methodology. Qualitative data is gathered by using in-depth interviews. While quantitative data is collected through questionnaires. Findings: This study's results explain that financial opportunities significantly mediate the relationship. Further, information processing strategies have a significant influence on financial opportunities. This unique study contributed to the literature and developed a financial opportunity scale. Implications/Originality/Value: This study suggested that understanding and knowledge of financial opportunities would help to increase the financial decisions of investors. This research also highlights implications and limitations to investors and practitioners.

Keywords

• Behavioral Strategies
• Individual Investors
• Financial Opportunity
• Financial Satisfaction