Hanehalklarının Bahislerini Korumaya Alması: Türk Yatırımcıları ve Borsa Katılımını Değerlendirme

Year 2021, Volume: 6 Issue: 1, 76 - 87, 29.06.2021

Gaye Açıkdilli , Christopher Zıemnowıcz , Victor Bahhouth

Abstract

Bu çalışma, büyük ve gelişmekte olan pazarlardan Türkiye'deki bireysel yatırımcıların, sosyo-demografik ve ekonomik değişkenler ile internet kullanımının hanehalkı yatırımları ve borsaya katılımları üzerindeki etkilerini ölçmeyi amaçlamaktadır. Lojistik regresyon uygulanmış ve önemli bulgular elde edilmiştir. Türk yatırımcıların kişisel özelliklerinin yatırım kararları ve borsa katılımı için önemli bir faktör olduğu görülmüştür. İnternet kullanımı, borsa yatırımcılarının belirlenmesinde diğer sosyo-ekonomik değişkenlere kıyasla öngörücü bir unsur olmamasına rağmen, hane halkı yatırım seçimlerini ve borsaya katılımı artırmada bir katalizör olarak potansiyelini ortaya koymaktadır. Bununla birlikte, düşük tasarruf ve yatırım portföyü seviyeleri ülkenin ekonomik durumundan kaynaklanabilmekle birlikte, Türkiye'deki hane halkları için yatırım bilgisinin artırılması gerektiğini de göstermektedir. Elde edilen sonuçların diğer ülkelere uygulanma güçlüğüne rağmen, bu çalışma Türkiye'deki yatırımcı davranış analizine katkıda bulunmaktadır. 

Keywords

Türkiye, Hanehalkı, Davranışsal Finans, Borsa

Households Hedging Their Bets: Evaluating Turkish Investors and Stock Market Participation

Abstract

This study sampled individual investors in Turkey, a large developing market, to measure the effects of several socio-demographic and economic variables on their household investments and participation in the stock market. Internet usage is also examined to evaluate investing behavior. Logistic regression is applied and the findings were robust. The personal profile of Turkish investors was found to be a major factor for investment decisions and stock market participation. Although Internet usage was not a predictive element compared to other socio-economic variables in identifying stock traders, it reveals its potential as a catalyst for boosting household investment selections and promoting stock market participation. Nevertheless, the low levels of savings and investment portfolios result from the nation’s economic environment, but also suggest a need for enhancing investment literacy for households in Turkey. Despite the difficulty to extrapolate these results to other countries, this study contributes to investor behavior analysis in Turkey.

Keywords

Turkey, Households, Behavioral Finance, Stock Market

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