Dear Hetal Kherala

Research at the intersection of Human Resource Management (HRM) and Behavioral Finance could explore how cognitive biases and emotional factors influence financial decision-making within organizations.

One promising area is investigating how HR practices, such as performance incentives, training, and employee engagement initiatives, impact employees' financial behaviors and decision-making processes.

Another research direction could examine the role of behavioral finance principles in shaping HR policies to mitigate biases in hiring, promotions, and compensation.

Studies could focus on how financial education programs provided by human resources departments affect employee financial well-being and productivity.

Understanding the aforementioned dynamics and a study can help organizations develop more effective HR strategies that align with employees' financial behaviors.

I hope this helps.

HI Hetal Kherala

here are the types of research that can be initiated in the field of behavioral human resource and financial management:

Experimental Behavioral Studies**: These involve observing and measuring actual behaviors and performances of individuals in managerial settings. For example, investigating the impact of financial and non-financial incentives on employee performance.

Case Studies: By studying cases from organizations or similar groups, you can examine the effectiveness of human resource and financial management methods and draw practical insights from real-world experiences.

Experimental Studies: This type of research involves controlling conditions and manipulating various variables on experimental groups to investigate different behaviors' effects. For instance, comparing the impact of financial and non-financial incentives on employee satisfaction and performance with control groups.

Mixed-Methods Research: These studies combine quantitative and qualitative data to provide broader insights. For example, you might examine the effects of financial policies on organizational financial performance using quantitative methods and then explore employees' perspectives and experiences regarding these policies using qualitative methods.

Review Studies In these types of research, you can review previous studies and literature in the field and compare patterns, approaches, and results, highlighting new aspects for investigation.

These are just a few examples of research types that can be conducted in the field of behavioral human resource and financial management. The choice of research type depends on your research topic and questions.

There is no doubt that behavioural finance impacts performance. However, I would suggest broadening it to make sure it includes behavioural- and neuro-economics. Productivity is usually related to improving efficiency or increasing capital investment. The area usually not discussed and often referred to as "intangibles" is related to the extra "voluntary" and related effort that is the result of a good culture and leadership, which provides an environment for the people in the organisation to feel fulfilled and self-motivated. This is very much in the domain of HR.

I attach a White Paper published by Routledge on the connection between leadership and productivity which I hope you will find useful. If you want more details the 2nd edition of Leading Beyond the Ego will be released by Routledge on 23rd July - already available for pre-order.

Respected sir,

Félix Oscar Socorro Márquez

Onipe Adabenege Yahaya

John Knights

Thank you to all of you, it is indeed a big help.