Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/178535 
Authors: 
Year of Publication: 
2012
Citation: 
[Journal:] Journal of Risk and Financial Management [ISSN:] 1911-8074 [Volume:] 5 [Issue:] 1 [Publisher:] MDPI [Place:] Basel [Year:] 2012 [Pages:] 59-77
Publisher: 
MDPI, Basel
Abstract: 
This paper investigates the behaviour of small investors in Hong Kong's derivatives markets. The study period covers the global economic crisis of 2011- 2012, and we focus on small investors' behaviour during and after the crisis. We attempt to identify and analyse the key factors that capture their behaviour in derivatives markets in Hong Kong. The data were collected from 524 respondents via a questionnaire survey. Exploratory factor analysis was employed to analyse the data, and some interesting findings were obtained. Our study enhances our understanding of behavioural finance in the setting of an Asian financial centre, namely Hong Kong.
Subjects: 
Behavioural finance
factor analysis
small investors
derivatives markets
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-sa Logo
Document Type: 
Article

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