Naslov
Behaviour of Investors in Croatian Investment Funds

Autori
Svilokos, Tonći ; Konjhodžić, Amer

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), ostalo

Izvornik
Journal Economy & Business, International Scientific Publications / - , 2008, 266-274

Skup
ECONOMY& BUSINESS 2008 Economic Development and Growth

Mjesto i datum
Sunčana obala, Bugarska, 03.09.2008. - 07.09.2008

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
investment funds; simple linear regression model; fund yield; net fund assets

Sažetak
The aim of this paper is to investigate the behaviour of investors in Croatian investment funds. Author analyses the relationship between the yield of investment funds and the change of net fund assets. In order to eliminate the impact of change of securities value that fund has in its portfolio on net fund assets, the number of sold shares of fund was chosen for dependent variable, and the yield of investment funds was chosen for independent variable. The coefficient of linear determination between these variables has been calculated. Author uses simple linear regression model to calculate the critical level of yield after the increase or decrease of number of sold fund shares is expected. The research includes two Croatian investment equity funds that have an asset greater then 2.5 billion Kuna.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA