A Study of the Impact of Investment Behavior in Information Asymmetry

碩士 === 朝陽科技大學 === 企業管理系碩士班 === 94 === In recent years, it starts to promote conforms to the futures goods ware that the various investor wants in Taiwan, but the information asymmetry has been being existed in transaction both sides respectively for ware different degree of knowledge in the market....

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Bibliographic Details
Main Authors: Kwan-chu Chen, 陳冠菊
Other Authors: Yih-Chaung Chen
Format: Others
Language:zh-TW
Published: 2006
Online Access:http://ndltd.ncl.edu.tw/handle/av9kvb
Description
Summary:碩士 === 朝陽科技大學 === 企業管理系碩士班 === 94 === In recent years, it starts to promote conforms to the futures goods ware that the various investor wants in Taiwan, but the information asymmetry has been being existed in transaction both sides respectively for ware different degree of knowledge in the market. However, whether exists the futures market still phenomenon of the information asymmetry or not? If it exists, whether did influence Investment Behavior of investor in the futures market? Besides, does choose the investment investor different investment strategy to impact speculate results of Investment Performance? Every above-mentioned doubtful point is all desired most ardently and understood by this study. This research mainly inquires “The Study of Investment behavior in information asymmetry”. The study sampled from Taipei, Taichung, and Kaohsiung of the futures market of the individual investor. The response questionnaires volume counts 255 totally. The research technique uses the Structural Equation Modeling that discusses the relationship between the information asymmetry and the investment behavior. Then, it discusses the investment behavior to Investment Performance results of relevance. These findings confirmed that the information asymmetry to investment behavior for the negative direction relations. The expression when the individual investor own more effective information, the individual investor will select short-term investment and adventure in the futures market. And the different investment Behavior will also impact the results of investment performance.When the individual investors select short-term investment and adventure, the investment results of the individual investor will have high achievements. Therefore, the individual investor should strengthen ability of the information analysis, various professions’ business fluctuations, and overall environment tendency of the objective information. Finally, promote availability and reliability of recognizing the information, and do the right strategy in a short time.