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Author
Jabłoński Bartłomiej (University of Economics in Katowice, Poland)
Title
Dividend Policy from the Perspective of an Individual Investor - Results of the Research
Polityka dywidend z perspektywy postaw inwestora indywidualnego - wyniki badań
Source
Nauki o Finansach / Uniwersytet Ekonomiczny we Wrocławiu, 2015, nr 4 (25), s. 51-76, tab., bibliogr. 28 poz.
Financial Sciences / Uniwersytet Ekonomiczny we Wrocławiu
Keyword
Finanse behawioralne, Decyzje inwestycyjne, Dywidenda, Polityka dywidend
Behavioural finance, Investment decisions, Dividend, Dividend policy
Note
streszcz., summ.
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)

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)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
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Bibliography
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ISSN
2080-5993
Language
eng
URI / DOI
http://dx.doi.org/10.15611/nof.2016.4.04
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