Abstract:
The research explores the impact of behavioral biases on managerial decision-making in the field of corporate finance. The study aims to examine how these biases influence the decision-making process.
The paper will review the relevant literature to understand the key behavioral biases and how they can affect the financial decision-making process.
The research methodology will involve a combination of qualitative and empirical techniques.
To better understand and address behavioral biases, researchers have developed several behavioral evaluation models that can be used to assess the decision-making of managers.
These models aim to identify and measure the various biases that can impact financial decision-making, and to provide insight into the ways in which these biases can be addressed and mitigated.
The results of this study will contribute to the literature by highlighting the need for organizations to be aware of the presence of these biases and to implement measures to mitigate their impact on the decision-making process.
