韓 ·日 兩國 個人投資者의 認知的 態度와 收益率과의 關係 = The Relationships between Individual Investor's Cognitive Attitude and Target Returns in Korean and Japanese Stock Market

다국어 초록 (Multilingual Abstract)

This study examines empirically the relationship between individual investor's cognitive attitude and target returns of Korean and japanese individual investors. What are the differences of investment attitude both countries?
For these tests we apply the questionnaire method and Linear Structural Relations (LISREL) to inquire the structural relationships between the target returns and latent independence variable which are measured by the degree of information use, investment knowledge, reliability to the security company.
It suggests that the structural relationship model in Korean case is well - fitted as a results of the goodness of fit tests while the model in Japan case is less - fitted rather than the Korea model.
The maximum likelihood estimates which are measured between the latent independent variables and observation variables are not signifficantly different but the parameter. λ52 seems to be different with 0.577 for Korea. 1.071 for Japan. This means that Japanese investors have better knowledge about stock investment than Korean.

목차 (Table of Contents)

• Ⅰ. 序論
• Ⅱ. 韓·日 兩國의 投資環境 分析
• Ⅲ. 投資主體別 投資行態에 관한 考察
• Ⅳ. 實證分析
• Ⅴ. 實證分析結果