Corporate Behavioural Finance – The Case of Lithuania
Daiva Jurevičienė (International Business School at Vilnius University, Lithuania)
Egidijus Bikas (International Business School at Vilnius University, Lithuania)
Greta Keliuotytė-Staniulėnienė (International Business School at Vilnius University, Lithuania)
Lina Novickytė (International Business School at Vilnius University, Lithuania)
Petras Dubinskas (International Business School at Vilnius University, Lithuania)
Egidijus Bikas (International Business School at Vilnius University, Lithuania)
Greta Keliuotytė-Staniulėnienė (International Business School at Vilnius University, Lithuania)
Lina Novickytė (International Business School at Vilnius University, Lithuania)
Petras Dubinskas (International Business School at Vilnius University, Lithuania)
Abstract
Behavioural finances became especially important in recent years. Majority of studies covers individual investor decision making factors while corporate customers’ investment behaviour, as a rule, encompass liability side (capital expenses, financing and structure; dividend policy; assessment of potential investment projects, etc.). This paper aims to establish investment possibilities of non-financial corporate investors in financial markets, basing on accomplished survey of companies managers, and strives to determine enterprise investment in financial assets assumptions. Though the results of the survey sample not fully meets the requirements of representativeness but satisfy the minimum margin error – up to 10 percent – acceptable level.
Article in:
English
Article published:
2013-12-30
Keyword(s): behavioural finance; behavioural corporate finance; non-financial corporate investments in financial markets; non-financial companies’ survey
DOI: 10.3846/bme.2013.19
Business, Management and Education ISSN 2029-7491, eISSN 2029-6169
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 License.