Dividend Policy from the Perspective of an Individual Investor - Results of the Research

• Autorzy: Bartłomiej Jabłoński

Warianty tytułu

Polityka dywidend z perspektywy postaw inwestora indywidualnego - wyniki badań

• Języki publikacji: EN

Abstrakty

EN

The article describes the issues of dividend policy from the perspective of the psychology of the individual investor. A questionnaire survey conducted on 115 Polish stock exchange investors of different age, education, investment goals and professional activity aimed primarily at verifying the behaviour of the respondents in relation to the behaviour of the investors acting on the international market. The findings of the research not only confirm the convergence of the behaviour of Polish capital market investors against the behavioural dogmas of finance, but they also present new patterns of behaviour, provided that factors influencing an investment the decision-making process are taken into account.(original abstract)

W artykule opisano problematykę polityki dywidend z perspektywy psychologii inwestora indywidualnego. Przeprowadzone badania ankietowe 115 polskich inwestorów giełdowych zróżnicowanych pod kątem wieku, wykształcenia, celu inwestycji oraz aktywności zawodowej miały za zadanie przede wszystkim weryfikację zachowań respondentów w relacji do zachowań inwestorów dokonujących inwestycji na rynku międzynarodowym. Wyniki przeprowadzonych badań nie tylko potwierdzają zbieżne zachowanie polskich inwestorów rynku kapitałowego na tle aksjomatów behawioralnych finansów, ale dodatkowo przedstawiają nowe schematy zachowań, jeśli uwzględni się czynniki mające wpływ na podejmowanie decyzji inwestycyjnych.(abstrakt oryginalny)

Słowa kluczowe

EN

Behavioural finance; Investment decisions; Dividend; Dividend policy

PL

Finanse behawioralne; Decyzje inwestycyjne; Dywidenda; Polityka dywidend

• Czasopismo: Nauki o Finansach / Uniwersytet Ekonomiczny we Wrocławiu
• Rocznik: 2015
• Numer: nr 4 (25)
• Strony: 51--76

Twórcy

autor

Bartłomiej Jabłoński

• University of Economics in Katowice, Poland

Bibliografia

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Identyfikatory

DOI

10.15611/nof.2016.4.04