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January 1, 2026Open Access

Systematic review of behavioral bias and investment decision in SME's

Monssif RAHHALI

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Key Points

To explore how behavioral biases impact investment decisions in small and medium enterprises (SMEs).
Conducted a systematic review of existing literature on behavioral biases and SMEs.
Analyzed the implications of identified biases on investment decision-making processes.
Found significant evidence of various behavioral biases affecting investment decisions in SMEs.
Highlighted specific biases, including overconfidence and loss aversion, that frequently impact outcomes.

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Implication

Systematic review identifies links between behavioral bias and investment decisions in SMEs, suggesting areas for improvement.

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Cite This Study

Monssif RAHHALI (2026) studied this question.

synapsesocial.com/papers/69e865b56e0dea528ddea306 https://doi.org/10.17605/osf.io/trb5d

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