SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES VOL. 3 NO. 1 PAPER 8
 
INVESTORS' PERCEPTION TOWARDS CAPITAL MARKET REFORMS IN INDIA
 
V.Sachithanantham*, M.Sayed Jaffer **, J.Raja*** and A. Suresh Kumar****
*     Senior Lecturer, Department of Management Studies, DDE, Annamalai University, Annamalai Nagar, India
**    Professor, Department of Management Studies, DDE, Annamalai University, Annamalai Nagar, India
***   Assistant Professor, Department of Management Studies, National Institute of Technology, Tiruchy, India
**** Research Scholar, Department of Management Studies, National Institute of Technology, Tiruchy, India
 
An attempt has been made in this paper to study the relationship between capital market reforms and amount of money invested by the investors. Normally, capital market reforms have definite influence over the investment pattern of investors. But investors. Perception regarding capital market reforms would clearly indicate whether these reforms have positive or negative influence over investors. In order to capture investor’s perception, a standard questionnaire has been developed and survey has been done in major cities in Tamilnadu. Factor and multiple regression analysis were used to analyse the data. The result shows that educative reforms and attractive reforms were statistically significant but they had negative influence over money invested by investors at the capital market
 
KEYWORDS: Investor’s Perception, Capital Market Reforms,
Factor Analysis, Multiple Regression Analysis
JEL CLASSIFICATIONS: G02, G11, E44 FULL TEXT