Behavioural corporate finance as an interdisciplinary strand of neoclassical finance theory Cover Image

Behawioralne finanse przedsiębiorstw jako interdyscyplinarny nurt neoklasycznej teorii finansów
Behavioural corporate finance as an interdisciplinary strand of neoclassical finance theory

Author(s): Magdalena Byczkowska, Anna Majzel
Subject(s): Business Economy / Management, Behaviorism, Socio-Economic Research
Published by: Akademia im. Jakuba z Paradyża
Keywords: behavioural corporate finance; neoclassical finance; interdisciplinary;

Summary/Abstract: Nowadays, we see increasing interconnections between different scientific disciplines. It is becoming increasingly difficult for scholars to practice exclusively within their own field. Economics, finance and related disciplines, in recent years, have made extensive use of theoretical and empirical findings of other social sciences. The aim of this article is to present the issue of behavioural finance, the assumptions of which make it easier to understand what and why makes financial managers choose a particular course of action. Focusing on the tendencies of a psychological nature characteristic of managers that determine their specific behaviour, it is explained how the behaviour of finance professionals can be analysed through the prism of psychology. The article is based on the analysis of the literature on the subject, where the method of source analysis was mainly used.

  • Issue Year: 24/2021
  • Issue No: 2
  • Page Range: 143-153
  • Page Count: 11
  • Language: Polish
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