Record Details

Decision-Making in the Hong Kong Bank Stock Market

Journal of Economics and Political Economy

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Field Value
 
Title Decision-Making in the Hong Kong Bank Stock Market
 
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
 
Subject

 
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.
 
Publisher Journal of Economics and Political Economy
Journal of Economics and Political Economy
 
Contributor
 
Date 2015-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEPE/article/view/482
10.1453/jepe.v2i4.482
 
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
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEPE/article/view/482/587
 
Rights Copyright (c) 2015 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0