LOCAL PORTFOLIO CHOICES OF TURKISH INDIVIDUAL INVESTORS

• Published in: Economic and Social Development: Book of Proceedings pp. 244 - 252
• Main Authors: Arik, Evren, Suer, Omur
• Format: Conference Proceeding
• Language: English
• Published: Varazdin Varazdin Development and Entrepreneurship Agency (VADEA) 08.12.2017
• Subjects: Advantages; Behavior; Behavioral economics; Bias; Datasets; Diversification; Economics; Equity; Finance; International finance; Investment advisors; Portfolio management; Portfolios; Quantitative analysis; Regional stocks; Securities markets; Stock exchanges; Stocks; Studies; Istanbul Turkey; Turkey; United States > US

Although the advantages of diversification are emphasized by traditional finance theories, individual investors often tend to hold only a few domestic stocks in their portfolios. This phenomenon has been subject to research since the last two decades under the title of home bias. The preference for...