INFORMATION NEEDS OF FINANCIAL MARKET PROFESSIONALS IN THE BIG DATA AND SOCIAL MEDIA ERA. THE EMPIRICAL EVIDENCE FROM POLAND

Journal Title: e-Finanse - Year 2017, Vol 13, Issue 4

Abstract

To meet general objectives of the article, i.e. to check the extent to which the information needs of financial market institutions are satisfied, and to learn about whether there is a transition in this realm triggered by the advent of social media and big data, we surveyed a sample of 415 financial market professionals working in Poland. We also used logit regression models, through which we processed the survey results, to identify which factors are responsible for meeting the needs. We showed that although the information needs of financial market professionals are met to a large degree, still some potential for improvement remains in this regard. We found also that respondent-specific traits are insignificant in explaining the degree of satisfaction with data and information that is used by financial market professionals. Out of firm-specific characteristic and, the value of assets under the institution’s management turned out to be the key factors explaining the distribution of responses concerning satisfaction.

Authors and Affiliations

Andrzej Cwynar, Wiktor Cwynar, Robert Pater, Piotr Kaźmierkiewicz

Keywords

Related Articles

THE LOW PRICE EFFECT ON THE POLISH MARKET

In this paper we investigate the characteristics of the low price anomaly, which implies higher returns to stocks with a low nominal price. The research aims to broaden academic knowledge in a few ways. Firstly, we deliv...

EXCHANGE TRADED COMMODITIES AS A CATEGORY OF INNOVATIVE PRODUCTS ON EUROPEAN FINANCIAL

The article presents the main features of one category of innovative financial products – exchange traded commodities (ETCs) and results of the analysis of the European market for ETCs. ETCs are products listed and trade...

Measurement of intellectual capital as exemplified by methods of groups based on the ROA indicator and on market capitalization

The concept of a knowledge-based economy is a relatively new topic, but it does not mean that the previous economies did not use knowledge. For many years, knowledge formed the basis of any economy, it was a factor that...

Financialization of the economy and the need for personal finance advisory services

Financialization of households is a result of the growing role of financial systems and instruments in the economy. The increased role of financial phenomena in financial and non-financial decisions taken by households i...

ECONOMIC RELATIONS BETWEEN PERSONAL AND CORPORATE INCOME TAX

The main goal of this article is to discuss the mutual economic relations between personal and corporate income taxes. The article consists of three parts. The first is an introduction to these taxes and taxation. The se...

Download PDF file
  • EP ID EP324046
  • DOI 10.1515/fiqf-2016-0031
  • Views 98
  • Downloads 0

How To Cite

Andrzej Cwynar, Wiktor Cwynar, Robert Pater, Piotr Kaźmierkiewicz (2017). INFORMATION NEEDS OF FINANCIAL MARKET PROFESSIONALS IN THE BIG DATA AND SOCIAL MEDIA ERA. THE EMPIRICAL EVIDENCE FROM POLAND. e-Finanse, 13(4), 1-13. https://europub.co.uk/articles/-A-324046