THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE
The aim of the research was to find out the opinions of stockbrokers working at the WarsawStock Exchange regarding the behaviour of Polish investors in the face of the coronavirus(COVID-19) pandemic. The research was carried out among 51 stockbrokers representingbrokerage houses with a long history...
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Format: | Article |
Language: | English |
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Wydawnictwo SGGW - Warsaw University of Life Sciences Press
2020-06-01
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Series: | Polityki Europejskie, Finanse i Marketing |
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Online Access: | https://pefim.sggw.pl/article/view/5258 |
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author | Marta Wiśniewska |
author_facet | Marta Wiśniewska |
author_sort | Marta Wiśniewska |
collection | DOAJ |
description | The aim of the research was to find out the opinions of stockbrokers working at the WarsawStock Exchange regarding the behaviour of Polish investors in the face of the coronavirus(COVID-19) pandemic. The research was carried out among 51 stockbrokers representingbrokerage houses with a long history of operations. It has been found that psychologicalconditions of people and stock market sentiments play an important role in the decision-makingprocess, and irrational investor behaviours, including largely herd effects, are particularly evidentduring the pandemic. The research shows that the occurrence of the coronavirus has not reducedthe activity of Polish investors. Thus, significantly growing interest in shares of companies listedon the Warsaw Stock Exchange has been noted. The behaviour and attitude of market participantstowards risk were volatile during the developing pandemic, which manifested itself in rapid buyingof overvalued assets or rapid selling of assets. |
format | Article |
id | doaj-art-f92648bdba464e058e9dff3da49ae20a |
institution | Kabale University |
issn | 2081-3430 2544-0640 |
language | English |
publishDate | 2020-06-01 |
publisher | Wydawnictwo SGGW - Warsaw University of Life Sciences Press |
record_format | Article |
series | Polityki Europejskie, Finanse i Marketing |
spelling | doaj-art-f92648bdba464e058e9dff3da49ae20a2025-02-02T07:11:18ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402020-06-0127(76)10.22630/PEFIM.2022.27.76.10THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCEMarta Wiśniewska0Jan Kochanowski University in KielceThe aim of the research was to find out the opinions of stockbrokers working at the WarsawStock Exchange regarding the behaviour of Polish investors in the face of the coronavirus(COVID-19) pandemic. The research was carried out among 51 stockbrokers representingbrokerage houses with a long history of operations. It has been found that psychologicalconditions of people and stock market sentiments play an important role in the decision-makingprocess, and irrational investor behaviours, including largely herd effects, are particularly evidentduring the pandemic. The research shows that the occurrence of the coronavirus has not reducedthe activity of Polish investors. Thus, significantly growing interest in shares of companies listedon the Warsaw Stock Exchange has been noted. The behaviour and attitude of market participantstowards risk were volatile during the developing pandemic, which manifested itself in rapid buyingof overvalued assets or rapid selling of assets.https://pefim.sggw.pl/article/view/5258coronavirus pandemicbehavioural financeinvestment decisions |
spellingShingle | Marta Wiśniewska THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE Polityki Europejskie, Finanse i Marketing coronavirus pandemic behavioural finance investment decisions |
title | THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE |
title_full | THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE |
title_fullStr | THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE |
title_full_unstemmed | THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE |
title_short | THE IMPACT OF THE CORONAVIRUS (COVID-19) PANDEMIC ON INVESTORS’ BEHAVIOUR IN THE LIGHT OF BEHAVIOURAL FINANCE |
title_sort | impact of the coronavirus covid 19 pandemic on investors behaviour in the light of behavioural finance |
topic | coronavirus pandemic behavioural finance investment decisions |
url | https://pefim.sggw.pl/article/view/5258 |
work_keys_str_mv | AT martawisniewska theimpactofthecoronaviruscovid19pandemiconinvestorsbehaviourinthelightofbehaviouralfinance AT martawisniewska impactofthecoronaviruscovid19pandemiconinvestorsbehaviourinthelightofbehaviouralfinance |