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Individual Investors On The Financial Market In Poland

Author

Listed:
  • Jarosław Pawłowski

    (Nicolaus Copernicus University in Toruń)

Abstract

The influence of individual investors on the functioning of the financial market makes them a very important group of its participants. The observed growth of the financial market in Poland generates more investment opportunities. Considering the changes that occur in this field, the issue of financial investments made by individual investors in Poland is quite interesting and important. The research objective of the paper is the analysis of investments of individual investors in Poland in terms of their subjects. The research method applied: descriptive, comparative, review of subject literature and analysis of third party research results which were carried out by the Individual Investors Association in Poland and Narodowy Bank Polski. Moreover, analysis of selected findings of author’s individual survey amongst private investors were the main part of this article. The conducted analysis has allowed to formulate a number of conclusions. One of the major conclusions indicated that stocks were the main subject of investments made by individual investors in the recent years. Furthermore, increased importance of bonds has been determined, but the interest in bank deposits was lower. Nevertheless, bank deposits have remained the main financial assets of households in Poland.

Suggested Citation

  • Jarosław Pawłowski, 2018. "Individual Investors On The Financial Market In Poland," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 7(1), pages 51-66.
    • Handle: RePEc:cpn:umkcjf:v:7:y:2018:i:1:p:51-66
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    References listed on IDEAS

    as
    1. Ron Kaniel & Gideon Saar & Sheridan Titman, 2008. "Individual Investor Trading and Stock Returns," Journal of Finance, American Finance Association, vol. 63(1), pages 273-310, February.
    2. Fich, Eliezer M. & Harford, Jarrad & Tran, Anh L., 2015. "Motivated monitors: The importance of institutional investors׳ portfolio weights," Journal of Financial Economics, Elsevier, vol. 118(1), pages 21-48.
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