YEREL HİSSE TERCİHİ ve BEDAVA BİNİCİ SORUNU ETKİSİ TEMELİNDE YERLİ VE YABANCI YATIRIMCI ETKİLEŞİMİNİN TESPİTİ

Yıl 2016, Sayı: 48, 254 - 271, 28.04.2016

İbrahim Bozkurt

Öz

Bu çalışmada,
bedava binici sorunu ile yerel hisse tercihi etkileri temel alınarak; yerli ve
yabancı yatırımcı işlemleri arasındaki etkileşim incelenmektedir. Çalışmada
yerli ve yabancı yatırımcıların 28.11.2005-14.04.2015 tarihleri aralığında
günlük olarak sahip oldukları hisse sayıları veri olarak kullanılmıştır.
Veriler VAR modeli çözümlemesi ile analiz edilmiştir. Analiz sonuçlarına göre;
BİST pay piyasasında hem yerel hisse tercihi hem de bedava binici sorunu
etkilerinin varlığı ortaya konulmuştur. Bulgulara göre, yerli ve yabancı
yatırımcılar birbirlerinden karşılıklı olarak pozitif yönde etkilenmektedirler.

Anahtar Kelimeler

Yerel Hisse Tercihi, Bedava Binici Sorunu, Yerli Yatırımcı, Yabancı Yatırımcı

Kaynakça

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