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A Factor Analysis of Investment Behaviour for Small Investors in the Hong Kong Stock Market
Journal of Economics Library
View Archive Info| Field | Value | |
| Title |
A Factor Analysis of Investment Behaviour for Small Investors in the Hong Kong Stock Market
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| Creator |
HON, Tai-Yuen; Department of Economics and Finance Hong Kong Shue Yan University Braemar Hill, North Point Hong Kong |
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| Description |
Hon (2012) found that small investors were overconfident and bought more stock during the buoyant market in the Hong Kong stock market. Small investors also exhibited herd behaviour. In this paper we extend his paper to identify and analyse the important factors that capture the behaviour of small investors in the Hong Kong stock market,especially during the financial crisis.Exploratory factor analysis is employed to analyse the data, we found that monitor investments is the second important factor and reference group is the most important factor..Keywords. Factor analysis, Small investors, Stock market, Hong Kong.JEL. E22, G02, G10.
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| Publisher |
Journal of Economics Library
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| Contributor |
—
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| Date |
2015-06-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/JEL/article/view/258
10.1453/jel.v2i2.258 |
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| Source |
Journal of Economics Library; Vol 2, No 2 (2015): June; 68-78
2149-2379 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/JEL/article/view/258/445
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| Rights |
Copyright (c) 2015 Journal of Economics Library
http://creativecommons.org/licenses/by-nc/4.0 |
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