Decision-Making in the Hong Kong Bank Stock Market
Journal of Economics and Political Economy
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Title |
Decision-Making in the Hong Kong Bank 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 LAM, Richard C.; Hong Kong Shue Yan University, Department of Economics and Finance, Braemar Hill, North Point, Hong Kong. China |
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Subject |
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Description |
Abstract. This paper investigates the decision-making of small investors in the Hong Kong bank stock market.The objective of this study was to search the factors, investing characteristics, and decision-making processes that affect Hong Kong small investors who participate in bank stock market.The results suggest that we can derive the following ascending order of importance of factors:reference group, stock nature, returnsperformance and bank performance. Reference group is the least important factor and bank performance is the most important factor. We used Kendall rank correlation coefficients to measure thedifferent ranking of factorsand are therefore attempting to give advice for financial advisers approaching target customers in Hong Kong. Keywords.Investment decision, smallinvestors, bank stock markets, Hong Kong.JEL. G02, G10, G11.
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Publisher |
Journal of Economics and Political Economy
Journal of Economics and Political Economy |
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Contributor |
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Date |
2015-12-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/JEPE/article/view/482
10.1453/jepe.v2i4.482 |
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Source |
Journal of Economics and Political Economy; Vol 2, No 4 (2015): December; 481-493
Journal of Economics and Political Economy; Vol 2, No 4 (2015): December; 481-493 2148-8347 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/JEPE/article/view/482/587
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Rights |
Copyright (c) 2015 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0 |
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