EFEKT PREDYSPOZYCJI I JEGO ZNACZENIE W PROCESIE INWESTYCYJNYM – PRZEGLĄD LITERATURY
THE DISPOSITION EFFECT AND ITS IMPORTANCE IN THE INVESTMENT PROCESS – A LITERATURE REVIEW
Author(s): Anna Janiszewska, Karolina KozłowskaSubject(s): Economy, Business Economy / Management, Micro-Economics, Financial Markets, Accounting - Business Administration
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: disposition einvestitions; stock; shares; psychology of investing
Summary/Abstract: The article considers the presence of the disposition effect on the stock markets. The aim of the analysis is to demonstrate the essence of the disposition effect among both mutual funds and private investors. The purpose of the scientific paper is to establish importance of the problem and acquaint with the factors that have influence on the disposition effect. This article presents also the collection of the confirming and rejecting studies of the discussed issue.
Journal: Journal of Capital Market and Behavioral Finance
- Issue Year: 1/2014
- Issue No: 1
- Page Range: 7-16
- Page Count: 10
- Language: Polish
