Impact of Gender Differences on Individual Investor Behavior

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Year-Number: 2021-11:4
Language : null
Konu : Philosophy of Gender
Number of pages: 1567-1593
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Abstract

Yatırım yapma yolları arasındaki cinsiyet eşitsizliğinin nedenlerinin anlaşılması, yalnızca verimli stratejiler tasarlamada politika yapıcılara değil, aynı zamanda finansal piyasa faaliyetlerinde ayrılmaz bir rol oynayan komisyonculara, bayilere ve finansal oyunculara da yardımcı olur. Bu çalışmada, yatırım kararlarına ilişkin görüş farklılıklarına yol açan faktörleri anlamak için Gadamer fenomenolojik hermenötik yaklaşımı kullanılmıştır. Yedi erkek ve yedi kadından on dört görüşme yapılmış, tamamı yetişkinler ve Gadamer'in hermeneutik çemberi, yorumlayıcı bakış açılarının kaynaşması için uygulanmıştır. Sonuçlar, erkeklerin ve kadınların gerçekten farklı yatırım yaptığını ve kârlılık ve dindarlık gibi iki ana temayı şekillendirmede sosyo-kültürel geleneklerin baskın olduğunu gösterdi. Dindarlık, toplumumuz ve kültürümüz bağlamında mevcut literatürde görülmeyen yeni bir kategori olarak ortaya çıkmıştır. Pakistan'da belirli bir sınıfın yatırım yapma stratejilerini şekillendirmede din en önemli faktör olarak kabul edilir. Belirgin farklılıklar sadece cinsiyetler arasında değil, aynı zamanda ülkede yaşayan çeşitli etnik gruplar arasında da görülmektedir.

Keywords

Abstract

The understanding of the causes of gender disparity between the ways of investment making is helpful not only to policymakers in designing fruitful strategies but also for brokers, dealers and financial players who play an integral role in financial market activities. The Gadamerian phenomenological hermeneutics approach is employed in this study to understand the factors that lead to differences in opinion regarding investment making decisions. Fourteen interviews have been conducted from seven males and seven females, all adults and Gadamer’s hermeneutic circle is applied for the fusion of interpretative perspectives. The results showed that men and women indeed invest differently and the socio-cultural traditions are dominant in shaping the two major themes of profitability and religiosity. Religiosity emerged as a new category in the context of our society and culture that had not been seen in the existing literature. Religion is considered the most important factor in shaping investment-making strategies of a specific class in Pakistan. Distinct differences are not only observed across genders but also across varied ethnic groups dwelling in the country.

Keywords


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