Determining the Factors Affecting Individual Investors’ Behaviours
عنوان مقاله: Determining the Factors Affecting Individual Investors’ Behaviours
شناسه ملی مقاله: JR_IJOL-7-3_005
منتشر شده در شماره 3 دوره 7 فصل در سال 1397
شناسه ملی مقاله: JR_IJOL-7-3_005
منتشر شده در شماره 3 دوره 7 فصل در سال 1397
مشخصات نویسندگان مقاله:
Sevilay USLU DİVANOĞLU - Assistant Professor, Aksaray University, Business Administration Department, Marketing Program
Haşim BAĞCI - Aksaray University, Business Administration Department, Finance Program
خلاصه مقاله:
Sevilay USLU DİVANOĞLU - Assistant Professor, Aksaray University, Business Administration Department, Marketing Program
Haşim BAĞCI - Aksaray University, Business Administration Department, Finance Program
Behavioral finance is precisely non-rational behavior of market investors. Behavioral finance theory shows that investors make investment decisions rationally, by intermittent change from the past and that investment decisions can be taken under the influence of some psychological factors. This theory shows how human behaviors are effective in the functioning of investment decisions and that investment decisions can be made in nonrational behaviors. People are determined to invest under the influence of emotions and personal intuitions with models based on rational behavior and investment behaviors. Whether individuals are rational in the economic decision-making process is one of the key points of debate and it seems quite complex to be able to demonstrate this. This study will focus on individuals (investors), one of the economic decision makers. Socio-economic factors, as well as psychological factors, influence the risk that investors perceive in the decision-making process of individual investors. The purpose of this study is to identify stimuli that affect individual investors drivers of financial investment decisions and to consider it in terms of behavioral finance. For this purpose, an individual investor questionnaire has been determined in the field which has previously been validated and reliable. This questionnaire was applied to 200 employees working in private and public banks operating in Aksaray and 177 people were provided feedback. In the case of Aksaray, it has been determined which stimulants are under the influence of predictions, estimates, emotions, personal intuitions, psychological and sociological behaviors of investment decision-making individuals.
کلمات کلیدی: Behavioral Finance, Individual Investors, Investment Decisions and Socio-economic Factors
صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/992333/