Investors’ Attitude toward Stock Market Risk-A Chittagong Perspective

Ayub Islam and Emon Kalyan Chowdhury

MPRA Paper from University Library of Munich, Germany

Abstract: The purpose of this study is to examine the extent to which investor awareness and perceived risk attitudes affect stock market investors’ behavior in the Chittagong Stock Exchange (CSE). CSE performances do not reflect the attitude of investors in this market and bridging the gap between these two is the main objective of this research. This study is the ever first to examine the attitude of investors toward stock market risk in CSE. A cross sectional quantitative research is designed using proportional sampling approach. Total 100 investors were selected from different brokerage houses in Chittagong. The questionnaire includes four parts where Likert scale was used to understand their level of risk. This research finds negative relation between investor awareness and their behavior. It finds positive relation between perceived risk attitude and investment behavior. Study also reveals that there is huge scope to orient investors in this market as they do not posses necessary knowledge and skill to play active role to give birth of efficient market. Law enforcing authority also needs to be more careful to implement the existing rules to bring back the confidence of investors toward trading system, transparency, practicing corporate governance etc.

Keywords: Investor’s attitude; stock market; Chittagong Stock Exchange; risk (search for similar items in EconPapers)
JEL-codes: A2 A20 (search for similar items in EconPapers)
Date: 2023-03-07, Revised 2023-05-09
New Economics Papers: this item is included in nep-rmg
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Published in Portfolio 28.1(2023): pp. 15-37

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