ABSTRACT
Finance is the study of various monetary decisions in a Šrm. Corporate Šnance and investment theory are two major areas of Šnance. Corporate Šnance has many theories and concepts based on accounting and management whereas investment theory uses a variety of economic theories to explain how investors make decisions in Šnancial markets. Recently, specialists in behavioral Šnance have emerged to describe and explain the irrational decisions investors make, and psychology provides diœerent perspectives to review traditional investment theories based on the assumptions in the economics of a rational decision maker.
