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- Bachelor Thesis (4)
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Keywords
- Behavioral finance (1)
- Change management (1)
- Effective leadership (1)
- Efficient market hypothesis EMH (1)
- Heuristics (1)
- Individual fairness sensitivity (1)
- Inequity aversion (1)
- Investor sentiment (1)
- Irrational behavior (1)
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Course of studies
- BMP - Business Management and Psychology (4) (remove)
This thesis talks about the relation between investor sentiment, stock return and trading volume in the German stock market. Six Granger causality tests were performed in order to determine, whether one of the above mentioned factors is indicative of the others. The results imply that investor sentiment is indicative of both, stock return and trading volume in the specified time period. However, there is no further significant evidence for other relations among the variables. The results are mostly in line with the literature available on this topic and back up the importance of the concept of investor sentiment as investor sentiment delivers an attempt to explain why investors behave irrationally on the stock market. Hence, the factors influencing investor sentiment should be subject to further research in order to gain a broader understanding of the topic.
This paper proposes to consider the influence of transparency in leadership styles on work performance and satisfaction. In an experimental setting, a pair of strangers were advised to solve a Sudoku in a digital environment under time pressure. With an induced hierarchy, the leader was able to view the task and the timer, whereas only the subordinate was enabled to actively edit the riddle. The treatment group was told to transparently communicate the intended leadership style during the preparation phase. The results indicate that transparency has a significant positive effect on the performance and the satisfaction of the teams. Furthermore, it is hypothesized that transparency may not be the direct cause of improved performance and satisfaction. Yet it might be crucial in establishing trust between the leader and subordinate, causing a positive effect on the two dependent variables. The paper is concluded by discussing limitations, practical implications and considerations for future research.
What happens in a situation in which an individual is given a quality task for no compensation while knowing that someone else receives a reward for the same effort? If a performance drop occurs, does the individual's fairness sensitivity play a dependent role? These questions are approached theoretically and experimentally within this thesis. As a foundation, the most critical insights from the psychological investigation of extrinsic rewards and its impact on intrinsic motivation and performance are reviewed. Furthermore, relevant findings regarding fairness are introduced from varying fields of research. The conducted double-blind experiment suggests with limited confidence that the higher an individual's fairness sensitivity in a situation of perceived unfair treatment, the lower the performance.
The bachelor’s thesis deals with the question of whether a treatment with neurofeedback could provide a benefit for the members of an organization during a change process.
In particular, the motives and challenges of change projects were identified. Furthermore, the methods which can be used to reduce and even prevent these problems were examined. The non-achievement of basic human needs, the associated fear, the loss of trust and stress plays a major role here. A good change management is able to address some of these issues, for example through good communication and the implementation of a change vision. The difficulty is that people may be too stuck in their views, including previous bad experiences, to be helped by current methods. It could be shown, that the training with neurofeedback achieves positive and fast lasting effects. The thesis explains how the person to be treated must be prepared and what a training might look like. Various areas in which neurofeedback has already been successfully used are briefly described and it is investigated whether there are treatments for disorders that are similar for the resistances in change processes. Expert interviews have examined these assumptions more closely and provided a practical and concrete perspective on the treatment with neurofeedback in an organizational context.
Finally, it was found that training with neurofeedback in companies is quite an interesting option. At this stage, however, there is a lack of studies that can prove the concrete benefits. Until now, neurofeedback has been applied almost exclusively to the medical field and this will probably not change in the upcoming years due to the high complexity of the procedure. Other methods, such as yoga or meditation, are on the one hand easier to carry out and the other hand already established in society. However, since positive results have already been achieved with biofeedback and people are beginning to take an interest in it, this could be a first step towards neurofeedback.