Bireysel Yatırımcıların Yatırım Kararları Üzerinde Etkili Olan Demografik Ve Psikolojik Faktörlerin Tespiti Üzerine Bir Çalışma: Türkiye Ve Azerbaycan Uygulaması
Determining of Demographic and Psychological Factors Effective on Investment Decision of Individuals: Practice of Turkey and Azerbaijan
Author(s): Fatih B. Gümüş, Mustafa Koç, Mirsariyya AgalarovaSubject(s): Gender Studies, Education, Business Economy / Management, Individual Psychology, Demography and human biology, Accounting - Business Administration, Socio-Economic Research
Published by: Kafkas Üniversitesi Sağlık, Kültür ve Spor Daire Başkanlığı Dijital Baskı Merkezi
Keywords: Behavioural Finance; Investment Decision; Turkey; Azerbaijan;
Summary/Abstract: While Modern Finance School which argue that investment decisions are taken rationally loses its importance, Behaviourist Finance School which argue that investments decision are taken under the influences of some psychological process has come to the forefront. According to the School, investment decisions can be taken as a result of process which is not rational. The aim of this study is to determine whether entrepreneurs in Turkey and Azerbaijan take decisions under the influences of the aforementioned intellectual taboos, inadequacies and emotions. For this purpose, a survey has been carried out among 384 people in both countries. According to the survey results, some factors such as income and education level, marital status, age and gender have an influence on investment decisions of the entrepreneurs.
Journal: Kafkas Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
- Issue Year: 4/2013
- Issue No: 6
- Page Range: 71-93
- Page Count: 23
- Language: Turkish