IDEAS home Printed from https://ideas.repec.org/a/scm/ausvfe/v9y2009ispecialp131-136.html
   My bibliography  Save this article

Investor’S Behavi0r On The Romanian Capital Market

Author

Listed:
  • Flavia BARNA

    (West University from Timisoara, Faculty of Economics and Business Administration, Romania)

  • Dan DANULETIU

    (University 1st of December 1918, Alba Iulia, Romania)

  • Ovidiu MURA

    (West University from Timisoara, Faculty of Economics and Business Administration, Romania)

Abstract

The investors’ psychological training in order to accept taking chances on the capital market is one of the most important determinants of success. Information, with its many forms (TV, rumors etc.) is the essential element in performing the financial operations. The collective behavior has also a strong influence over decision making, since we already know that humans are social beings, rarely capable of analyzing the reality with the help of their own mind. The objective of this paper is to provide a compact theoretical framework regarding the investor’s behavior and to provide some empirical evidences about the Romanian capital market. The main output of the paper consists in the thesis that the capital market can sometimes be quite irrational and that there are psychological causes that bring a new approach over the way traditional literature used to present the rational behavior.

Suggested Citation

  • Flavia BARNA & Dan DANULETIU & Ovidiu MURA, 2009. "Investor’S Behavi0r On The Romanian Capital Market," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 9(Special), pages 131-136, December.
    • Handle: RePEc:scm:ausvfe:v:9:y:2009:i:special:p:131-136
    as

    Download full text from publisher

    File URL: http://www.seap.usv.ro/annals/arhiva/ANNALS%20VOL.9,NR.SPECIAL,2009%20fulltext.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scm:ausvfe:v:9:y:2009:i:special:p:131-136. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Liviu Scutariu (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.