Araştırma Makalesi

THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY

Cilt: 8 Sayı: 31 10 Ocak 2009
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THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY

Öz

The high volatility of Capital market instruments in Turkey combined with the unpredictable nature of economy and dynamic political situation makes investment decision a complex and challenging task. Under these circumstances the role of portfolio managers gains importance. The portfolio managers who possess superior market knowledge, who have extensive experience and in-dept analysis and strong forecasting ability are able to make successful investment decisions. As an investment alternative, common stocks are a popular form of investing used by portfolio managers. They are popular, in part, because they offer investors the opportunity to tailor their investment programs to meet individual needs and preferences. With the growing importance in the role of equities to investors, the selection of attractive stocks is utmost importance to ensure a good return. This paper is conducted to determine the major criteria and their relative weights taken into consideration by portfolio managers when investing in common stocks in İstanbul Stock Exchange (İSE).

Anahtar Kelimeler

Kaynakça

  1. [1] Gitman, L.J. & Johenk, M.D. (2001). Fundamentals of investing. Boston: Addison Wesley.
  2. [2] Markovvitz, H. (1952). Portfolio Selection. Journal of Finance, 7(1), 77-91.
  3. [3] Sprenza, M.G. (1996). A Heuristic Algorithm for Portfolio Optimization Model Applied to Milan Stock Market. Computers&Operations Research, 23, 433-441.
  4. [4] Dias, F. Çuadratic Programming Applied to Modern Portfolio Selection. (http://www.linux.ime.usp.br/~cef/mac499-01 /monografi as/fdias-rec/QP.pdf). [11.03.2008],
  5. [5] Akay, D.; Çetinyokuş, T. & Dağdeviren, M. (2002). Portföy Seçimi Problemi için KDS/GA Yaklaşımı-A DSS/GA for Portfolio Selection Problem. Gazi Üniversitesi Mühendislik ve Mimarlık Fakültesi Dergisi, 17(4), 125-138.
  6. [6] Ulucan, A. (2002). Markowitz Kuadratik Programlama ile Portföy Seçim Modelinin, Sermaye Piyasasında Endeks ile Aynı Risk-Getiri Yapısına Sahip Portföyün Elde Edilmesinde Kullanım- An Application of the Markowitz Quadratic Programming Portfolio Selection Model: Determination of the Portfolio which has the same Risk- Retum Structure with the Ise-30 indice. Hacettepe University Journal of Economics and Administrative Sciences, 20(2), 141-155.
  7. [7] Atan, M. (2005). Karesel Programlama ile Portföy Optimizasyonu- Portfolio Optimization with Quadratic Programming. Proceediııgs of the 7th National Symposium on Econometri & Statistic, İstanbul, 70-83.
  8. [8] Kıyılar, M. & Eroğlu, E. (2004). Tek Endeks Modeli ve Modelin İstanbul Menkul Kıymetler Borsasmda Uygulanması- Single Index Model and Application of the Model at İstanbul Stock Exchange. İ.Ü. işletme Fakültesi Dergisi, 33(1): 21-38.

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Araştırma Makalesi

Yazarlar

Tuğba Şimşek Gürsoy * Bu kişi benim
Türkiye

Yayımlanma Tarihi

10 Ocak 2009

Gönderilme Tarihi

15 Temmuz 2008

Kabul Tarihi

15 Ekim 2008

Yayımlandığı Sayı

Yıl 2009 Cilt: 8 Sayı: 31

Kaynak Göster

APA
Vuran, B., & Şimşek Gürsoy, T. (2009). THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY. Öneri Dergisi, 8(31), 137-144. https://doi.org/10.14783/maruoneri.677465
AMA
1.Vuran B, Şimşek Gürsoy T. THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY. Öneri Dergisi. 2009;8(31):137-144. doi:10.14783/maruoneri.677465
Chicago
Vuran, Bengü, ve Tuğba Şimşek Gürsoy. 2009. “THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY”. Öneri Dergisi 8 (31): 137-44. https://doi.org/10.14783/maruoneri.677465.
EndNote
Vuran B, Şimşek Gürsoy T (01 Ocak 2009) THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY. Öneri Dergisi 8 31 137–144.
IEEE
[1]B. Vuran ve T. Şimşek Gürsoy, “THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY”, Öneri Dergisi, c. 8, sy 31, ss. 137–144, Oca. 2009, doi: 10.14783/maruoneri.677465.
ISNAD
Vuran, Bengü - Şimşek Gürsoy, Tuğba. “THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY”. Öneri Dergisi 8/31 (01 Ocak 2009): 137-144. https://doi.org/10.14783/maruoneri.677465.
JAMA
1.Vuran B, Şimşek Gürsoy T. THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY. Öneri Dergisi. 2009;8:137–144.
MLA
Vuran, Bengü, ve Tuğba Şimşek Gürsoy. “THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY”. Öneri Dergisi, c. 8, sy 31, Ocak 2009, ss. 137-44, doi:10.14783/maruoneri.677465.
Vancouver
1.Bengü Vuran, Tuğba Şimşek Gürsoy. THE FACTORS AFFECTING THE DECISION OF PORTFOLIO MANAGERS ININVESTING COMMON STOCKS: AN APPLICATION IN TURKEY. Öneri Dergisi. 01 Ocak 2009;8(31):137-44. doi:10.14783/maruoneri.677465

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