Sinem Ate?|Ali Ço?kun|M. Abdullah ?ahin
Impact of Financial Literacy on the Behavioral Biases of Individual Stock Investors: Evidence from Borsa Istanbul
Galatasaray University|Bo?aziçi University|Istanbul Technical University|Galatasaray University|Bo?aziçi University|Istanbul Technical University|Galatasaray University
financial literacy behavioral biases critical factors affecting financial decisions behaviors investorswe survey 596 individual stock investors measure financial literacy examine behavioral biases investigate relationship financial literacy behavioral biasesresults suggest around half investors low financial literacy level main source financial information advice parents friends high level behavioral biaseswhile behavioral biases independent level financial literacy significant relationship number biases level financial literacy