Material Detail

Entrepreneurial Stock Brokering and Switching Costs

Entrepreneurial Stock Brokering and Switching Costs

Stock brokers are entrepreneurs who incur switching costs when the change brokerage houses. We use Helsinki Stock Exchange data to investigate these costs by examining whether investors are loyal to their brokers when brokers move. We find that investors who have extant relationships with the new house are more likely to attract the investors from the old houses, and savvy (knowledgeable) investors are more likely to stay with their broker.

Rate

Quality

  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Browse...

Disciplines with similar materials as Entrepreneurial Stock Brokering and Switching Costs

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.