Dergiler / Iğdır Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2026 / Sayı: 7

Rapid Change in the Number of Investments in Stock Markets: The Case of Turkey

Volkan Kaymaz(İSTANBUL YENİ YÜZYIL ÜNİVERSİTESİ)0000-0001-7556-9507
Aykut Akdağ(ISTANBUL YENI YUZYIL UNIVERSITY)0000-0002-2600-0784
Sayfa
15–25
Yayın Tarihi
2022-06-24
🏛️Bu makalenin bibliyografik verileri ve tam metin bağlantısı DergiPark üzerinden sağlanmıştır.
DergiPark Kaydı ↗
✨

Yapay Zeka Hızlı Bakış & Çıkarımlar

AI Insight
⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Although the results show a positive relationship between the IPO and the number of investors, the increase in the number of investors will not maintain the current trend due to the limited number of companies to be offered to the public.

📌 3 Maddede Bu Makale

🎯
Amaç & Hipotez:During the Covid-19 period in Turkey, the number of investors in the stock market has increased in an unprecedented way.
📊
Temel Bulgular & Veri:This study examines the relationship between the initial public offering index (IPO), the USA dollar rate, the largest alternative to the local currency, the Borsa Istanbul index, and the number of investors, using VAR analysis with data between 2012-2022.
💡
Sonuç & Katkı:Although the results show a positive relationship between the IPO and the number of investors, the increase in the number of investors will not maintain the current trend due to the limited number of companies to be offered to the public.
🔬Tür:Araştırma Makalesi
📍Kapsam:2012-2022 Verileri
⚙️Değişkenler:exchange rate · stock market · VAR analysis

Abstract

During the Covid-19 period in Turkey, the number of investors in the stock market has increased in an unprecedented way. The change in the number of investors is associated with many factors such as behavioural factors, macroeconomic indicators, and returns on alternative investment instruments. However, in Turkey, with the effect of the recession, companies started to be offered to the public to be funded by their own sources. This study examines the relationship between the initial public offering index (IPO), the USA dollar rate, the largest alternative to the local currency, the Borsa Istanbul index, and the number of investors, using VAR analysis with data between 2012-2022. Although the results show a positive relationship between the IPO and the number of investors, the increase in the number of investors will not maintain the current trend due to the limited number of companies to be offered to the public.

🔖

Bu Makaleye Atıf Yap

Kaymaz, V., Akdağ, A. (2022). Rapid Change in the Number of Investments in Stock Markets: The Case of Turkey. Iğdır Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Sayı: 7, 15–25. https://doi.org/10.58618/igdiriibf.1130649

📄 Tam Metin PDF Okuyucu

📄

PDF görüntüleyici hazırlanıyor...

Kaynakça (14)

  1. Ahimud, Y., Mendelson, H., Uno, J. (1999). Number of Shareholders and Stock Prices: Evidence from Japan. Journal of Finance, 54(3), 1169-1184
  2. B3 (2020). The Discovery of the Exchange by Brazilian Investors. B3 Brazilian Stock Exchange Survey. (p8) Data Analysis Platform. (2021). Number of Investors by Nationality. https://www.vap.org.tr/portfoy-dilimi-bazinda-yatirimci-sayilari
  3. Hon-Snir, S., Kudryavtsev, A., Cohen, G. (2012). Stock market investors: Who is more rational, and who relies on intuition? Shlomit International Journal of Econom-ics and Finance, 4(5), 56-72.
  4. Macrotrends (2022). Turkey Population 1950-2022. https://www.macrotrends.net/countries/TUR/turkey/population
  5. Kilic, Y. (2020). Borsa İstanbul’da COVID-19 (Koronavirüs) Etkisi. Journal of Emerg-ing Economies and Policy. 5(1), 66–77
  6. Reis, S. G. (2021). Covid-19 (Koronavirüs) Pandemisi ve Risk İştahı: Borsa İstanbul Yerli ve Yabancı Yatırımcılar Örneği. Anadolu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 22 (3), 87-98.
  7. Schwab (2021). https://www.aboutschwab.com/press-releases (04/08/2021)
  8. Shefrin, H., Statman, M. (1985). The Disposition to Sell Winners Too Early and Ride Losers Too Long. Journal of Finance, 40(3), 777-790.
  9. Somuncu, K. (2021). Yerli ve Yabancı Yatırımcıların BIST-100 Endeksi Üzerine Etkilerinin İncelenmesi. İşletme Araştırmaları Dergisi, 13(4), 2962-2975
  10. Tsai, I.C. (2012). The Relationship Between Stock Price Index and Exchange Rate in Asian Markets: A Quantile Regression Approach. Journal Of International Financial Markets, Institutions & Money. 22, 609-621.
  11. Unal, S. (2020). Covid-19 Salgınında Borsa İstanbul Şirketlerinin Fiyatlamalarının Etkinliği. Ekonomi, Politika & Finans Araştırmaları Dergisi, 5, 13-31.
  12. Wang, D., Canela, M. (2006). Herd Behavior towards the Market Index: Evidence from 21 Financial Markets. Working Paper, University of Barcelona.
  13. Wooldridge, J. M. (2016). Introductory Econometrics: A Modern Approach, 6th ed., Cengage Learning.
  14. Yetgin, M. A. (2020). Korona Virüsün Borsa İstanbul’a Etkisi Üzerine Bir Araştırma ve Stratejik Pandemi Yönetimi, Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 5(2), 324-335.