DETERMINANTS OF INVESTMENT DECISIONS ON THE CAPITAL MARKET
Journal Title: e-Finanse - Year 2018, Vol 14, Issue 2
Abstract
The article deals with the psychological determinants of investment decisions made by an individual investor on the capital market. The purpose of this article is to try to assess the relationship between capital involvement and selected personality traits and how individuals perceive investments in securities of different nominal unit price. The author attempts to verify whether specific price thresholds affect respondents in a similar way as prices of goods and services to customers, in the context of capital investment. The results of the nationwide survey of 564 individual investors are based on analyses using the model of the willingness to invest in shares with a specific nominal value compared to the individual characteristics of the respondents. The results of the study indicate a significant relationship between personality traits and the tendency to choose stocks with relatively low or very high denomination (current transaction price).
Authors and Affiliations
Magdalena Jasiniak
Keywords
Related Articles
- EP ID EP492675
- DOI 10.2478/fiqf-2018-0007
- Views 53
- Downloads 0
The Attractiveness of Polish Cities for Attracting Outsourcing and the Analysis of Benefits for the Region
In western countries outsourcing has been an integral part of many enterprises for a long time. In Poland it is increasingly seen as a part of a long-term development strategy. Although Poland is only beginning to mark i...
THE EFFECT OF FOREIGN EQUITY OWNERSHIP ON CORPORATE SOCIAL RESPONSIBILITY: EMPIRICAL EVIDENCE FROM POLAND
In the literature on corporate social responsibility (CSR) the origin of the equity is seen as one the drivers of CSR. There is evidence of multinational corporations stimulating diffusion of CSR practices in a few emerg...
THE IMPORTANCE OF PHILANTHROPIC ACTIVITY AND GOVERNMENT SOCIAL WELFARE FOR SOCIETY AND THE ECONOMY
The purpose of the article is to demonstrate the significance of the activity run by philanthropic organizations in Poland for the benefit of society and the economy in the light of the social welfare of governmental org...
PROVISION OF LOANS AS A STRATEGIC CHOICE OF AN ENTERPRISE
The article presents motives and purposes of provision of loans by non-financial enterprises. Moreover, it describes how provision of loans influences both the internal and market situation of lenders who are not listed...
ANALYSIS AND PROFITABILITY ASSESSMENT OF POLISH CONSTRUCTION COMPANIES THREATENED WITH BANKRUPTCY
This paper presents analysis of profitability indicators of Polish construction companies threatened with bankruptcy compared to analogous indicators obtained by Polish construction entities as a whole. The analysis conc...