Impact of Institutional Investors Investment Decisions on the Pakistan Stock Exchange


  • Adeel Mumtaz Department of Management Sciences, Khwaja Fareed University of Engineering and Information Technology, Pakistan.
  • Muhammad Aamir Assistant Professor, Halley College of Commerce, University of Punjab, Pakistan
  • Muhammad Rizwan Kamran Assistant Professor, Lyallpur Business School, GC University, Faisalabad, Pakistan



Institutional Investors, Behavioral Factors, Investment Decision-Making


Institutional Investors play an important role in the stock price movement of stock markets of a country. The current study explores the factors Heuristic, Risk Aversion (RA), Day-to-day Experience (DTDE) & Corporate Governance (CG) which significantly affect the Investment Decision-marking (IDM) in the Pakistan Stock Exchange. This study addresses this gap and delivers literature concerning the effect of CG & DTDE on the Investment Decision-making (IDM). This study used 215 institutional investors, which are trading in the Pakistan Stock Exchange (PSX). This study used OLS for estimation of models.  The findings revealed that DTDE and CG play a vital role in IDM in Pakistan.


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How to Cite

Mumtaz, A. ., Aamir, M. ., & Kamran, M. R. . (2021). Impact of Institutional Investors Investment Decisions on the Pakistan Stock Exchange. Review of Applied Management and Social Sciences, 4(4), 943-949.