| What drives people to invest in Stock exchange in Africa? Contributor(s): King, Prof Norman (Author) |
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ISBN: 613834541X ISBN-13: 9786138345411 Publisher: LAP Lambert Academic Publishing OUR PRICE: $52.22 Product Type: Paperback Published: September 2019 |
| Additional Information |
| BISAC Categories: - Business & Economics | Banks & Banking |
| Physical Information: 0.48" H x 6" W x 9" (0.70 lbs) 212 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book stems from a study that focused on the extent to which financial information is considered by investors in the stock exchange. The study was conducted in 2008 through 2012. It focused on the purchase of shares of various firms that registered stocks on the Dar es Salaam Stock Exchange (DSE) in Tanzania. While the study focused on Tanzania, the implications for the study cover a large part of the world's behavior of investors in stocks, and specifically in Africa. The review of various literatures indicates that there are similarities of what makes people invest in capital markets. Hence, it is an obvious fact that the study on the use of financial information when making investment decisions in Tanzania reflects an African viewpoint. The case is the same in most East African countries, in particular Kenya, Uganda, Rwanda, and Burundi. We have similar cases in Ghana, Nigeria, and South Africa. Unlike large investors, most small investors are motivated by factors other than financial information. |