International Finance Management:Research Proposal to Study the Perception of Surats

Investors towards Indian Stock Market as Emerging Market

Economy.
Submitted by Yogesh Panchal & Pallavi Narang
Submitted to Dr. Munira Habibullah
Student of 4rd Semester Finance in MBA,

Department of Business & Industrial Management,

Veer Narmad South Gujarat University.
Terms:1. Perception:A mental image, concept; physical sensation interpreted in the light of
experience; consciousness.

2. Attitude:A mental position with regard to a fact or state; a feeling or emotion toward
a fact or state; a position assumed for a specific purpose (e.g. investing)

3. Emerging Market Economy:A nation's economy that is progressing toward becoming advanced, as
shown by some liquidity in local debt and equity markets and the existence
of some form of market exchange and regulatory body.

1. Needs & Objectives of the Studies:India is Developing Country. So there is need to see the feature of Developed
India. & Stock Market is one of the measure that can be consider as perimeter
of Emerging Countries development. Now a days, after political change in India.
Indian people has many Different Perception on the Current Government, not
only that but they have high Expectation for development of India, on which
bases current Government get maximum JanAdesh.
Here, we want to know about the perception of Surats Investors on the
Emerging Stock market, Attitude of Surats investors towards Emerging Stock
Market of India.

2. Research Methodology:2.1.

Research Problem Statement:-

A Study Perception of the Surats Investors towards Emerging Stock

Exchange of India.

2.2.

Research Objective:-

2.2.1.

Primary Objective:-

To Study the Perception of Surats Investors towards Emerging Stock Market

of India.

2.2.2.

Secondary Objective:-

To Study the Attitude of Surats Investors towards Emerging Stock Market of

India.

2.3.

Research Design:-

The Research Design Carried out in this Research is Descriptive in nature.

2.3.1.

Data Collection Method:-

Data will be collected through the Structured Questionnaire. We

developed the questionnaire Previous Research & Perception Study
which was developed by scholar or specialists to improve the content
validity (Onwalee Sepaepai 2006).
The score for the attitude and perception items were range from 1
(strongly disagree) to 5 (strongly agree) on a five point Likerts scales.

2.3.2.

Sample Design:-

2.3.2.1.

Population:-

Investors & Brokers.

2.3.2.2.

Sample:-

Sample will be taken from Surat City.

2.3.2.3.

Sampling method:-

Non-Probability Convenience Sampling Method

2.4.

Limitation of the Study:-

This Study will be only in Surat city.

3. Questionnaire:The part 1, there are the basic questions about the personal information of the
informants on all five items and classifications as Profile of respondents, age,
education, occupation, and income per month. The analyse using the frequency
and percentage.
The part 2, the questionnaire the data related to the perception level of Surats
investors toward the emerging stock Market of India. The question are
evaluated the response (Rating Scale Method: Likert Scale Questions) where
each question has five levels and the questions are divided into 2 part, as The
attitude of the Surats Investors toward the emerging Stock Market of India and
Limitations / barriers of the emerging Stock Market of India. The analysis uses
mean and the SD (Standard Deviation). The assessment score criteria to
measure the data type of interval scale we will calculate it by using the formula
determines the width of the scale.
51
:. The Width of theinterval Scal= 5

:. 0.8
In the criteria for interpretation of the value as follows
1) 4.21 - 5.00 :It means that Surats
Indian Stock Exchange
2) 3.41 4.20:It means that Surats
Indian Stock Exchange
3) 1.61 3.40:It means that Surats
Indian Stock Exchange
4) 1.81 2.60:It means that Surats
Indian Stock Exchange
5) 1.00 1.80 :It means that Surats
Indian Stock Exchange

investors have the perception about The Emerging

in very high level.
investors have the perception about The Emerging
in high level.
investors have the perception about The Emerging
in Medium level.
investors have the perception about The Emerging
in low level.
investors have the perception about The Emerging
in very low level.

Demographic Question:Personal information like Name, Age, Qualification, Occupation.

Statement for measuring Attitude of the Investors towards Emerging Stock
Market of India:I.
II.
III.
IV.
V.
VI.
VII.
VIII.

The Stock Exchange of India is Attractive for investment.

The Stock Exchange of India is High-yield Market.
The Stock Exchange of India is Attractive for Foreigner Investors.
The Stock Exchange of India have large Fluctuation.
The Development of Stock Exchange of India = Development of India.
The Stock Exchange of India can greatly raising funds to the country.
The Stock Exchange of India risk is higher than the current developing
market.
The Stock Exchange of India has a higher return than the current
developing market.

Statement for Measuring Limitation/ Barriers of the Indian Stock market:I.

II.
III.
IV.
V.
VI.
VII.

A small registered business affect to investment decisions.

The business of government that register in Indian stock exchange market
affect investment decisions.
Using local currency is a barrier to investment of foreign investors.
The laws of host countries are barriers to foreigners investment.
The Facilitate of financial of the host country is a barrier to investment.
The host country's language is a barrier to investment of foreign
investors.
The number of shares available for purchase / sold at Stock Exchange of
India affect investment decisions.