An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors

Volume: 5 Number: 1 March 1, 2015
  • Fatih Burak Gumus
  • Yusuf Dayıoglu
EN

An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors

Abstract

Individual investors make portfolio investments along with various alternatives for the purpose of increasing their profit. Most of the time, these investments carry different risk levels and investors make portfolio investments by evaluating these risks of different levels. During risky investment decisions such as portfolio selection and diversification, individual investors make their decisions under the influence of various factors. Among these; there are demographic, social and economic factors like income level, age, gender, educational background, marital status and quantity and quality level of one’s profession. This study is conducted for the purpose of examining the demographic, social and economic factors mentioned above that may have an effect on predispositions of individual investors operating in Borsa Istanbul (BIST) towards risk taking. In the analyses done within this scope, it has been demonstrated that the factors discussed above except marital status all have significant effect on the risk perception of individual investors during their portfolio investments.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Fatih Burak Gumus This is me

Yusuf Dayıoglu This is me

Publication Date

March 1, 2015

Submission Date

March 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 1

APA
Gumus, F. B., & Dayıoglu, Y. (2015). An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors. International Journal of Economics and Financial Issues, 5(1), 136-147. https://izlik.org/JA67PC68RJ
AMA
1.Gumus FB, Dayıoglu Y. An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors. IJEFI. 2015;5(1):136-147. https://izlik.org/JA67PC68RJ
Chicago
Gumus, Fatih Burak, and Yusuf Dayıoglu. 2015. “An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors”. International Journal of Economics and Financial Issues 5 (1): 136-47. https://izlik.org/JA67PC68RJ.
EndNote
Gumus FB, Dayıoglu Y (March 1, 2015) An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors. International Journal of Economics and Financial Issues 5 1 136–147.
IEEE
[1]F. B. Gumus and Y. Dayıoglu, “An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors”, IJEFI, vol. 5, no. 1, pp. 136–147, Mar. 2015, [Online]. Available: https://izlik.org/JA67PC68RJ
ISNAD
Gumus, Fatih Burak - Dayıoglu, Yusuf. “An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors”. International Journal of Economics and Financial Issues 5/1 (March 1, 2015): 136-147. https://izlik.org/JA67PC68RJ.
JAMA
1.Gumus FB, Dayıoglu Y. An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors. IJEFI. 2015;5:136–147.
MLA
Gumus, Fatih Burak, and Yusuf Dayıoglu. “An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors”. International Journal of Economics and Financial Issues, vol. 5, no. 1, Mar. 2015, pp. 136-47, https://izlik.org/JA67PC68RJ.
Vancouver
1.Fatih Burak Gumus, Yusuf Dayıoglu. An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors. IJEFI [Internet]. 2015 Mar. 1;5(1):136-47. Available from: https://izlik.org/JA67PC68RJ