DETERMINING THE EFFECT OF EMOTIONAL INTELLIGENCE IN INVESTMENT DECISIONS IN SUSTAINABLE FINANCE

Author :  

Year-Number: 2021-52
Language : null
Konu :
Number of pages: 2830-2836
Mendeley EndNote Alıntı Yap

Abstract

Looking at the world in general, the growing population has put new policies on the agenda. It is especially seen that steps have been taken to eliminate the destruction of the environment due to the negativities experienced. Emerging issues such as natural disasters, the Chernobyl incident, the damage caused by oil tankers in the sea, and the impact of environmental factors on the economy have been put on the agenda. To create a more sustainable life cycle that eliminates climatic changes, environmental, social, and governance issues should be considered within the concept of sustainable finance. Investors have started to look at the characteristics of sustainable finance companies from a multidimensional perspective. In this regard, the study investigates how this situation, combined with the emotional impact dimension, affects investors' decisions from this perspective. In line with the purpose of the study, related concepts were explained, and a literature review on the related concept was included. The research data were collected using questionnaires. The survey data were analyzed using SPSS 23 package program. Correlation and regression analysis were used to analyze the data. Based on the findings, it was concluded that emotional intelligence significantly influences investors' investment decisions in sustainable finance.

Keywords

Abstract

Looking at the world in general, the growing population has put new policies on the agenda. It is especially seen that steps have been taken to eliminate the destruction of the environment due to the negativities experienced. Emerging issues such as natural disasters, the Chernobyl incident, the damage caused by oil tankers in the sea, and the impact of environmental factors on the economy have been put on the agenda. To create a more sustainable life cycle that eliminates climatic changes, environmental, social, and governance issues should be considered within the concept of sustainable finance. Investors have started to look at the characteristics of sustainable finance companies from a multidimensional perspective. In this regard, the study investigates how this situation, combined with the emotional impact dimension, affects investors' decisions from this perspective. In line with the purpose of the study, related concepts were explained, and a literature review on the related concept was included. The research data were collected using questionnaires. The survey data were analyzed using SPSS 23 package program. Correlation and regression analysis were used to analyze the data. Based on the findings, it was concluded that emotional intelligence significantly influences investors' investment decisions in sustainable finance.

Keywords


  • Ağgül, S., & Güngör, B. (2019). The effect of investors' stress management and general moods, which are

  • Ağgül, S., & Güngör, B. (2019). The effect of investors' stress management and general moods, which aresub-dimensions of emotional intelligence, on their investment decisions. Journal of Business Studies, 11(3), 1840-1853.

  • Alan, G. E. (2016). Research to understand emotional intelligence literacy through advertisements. Suggestion Journal, 12(46), 261-276.

  • Baş, Y., Dursun, F., & Okutan, S. (2016). Examination of the differences in the emotional and rationalexpectations of consumers about retail stores according to their multiple intelligence structures. Journal of International Social Research, 9(42), 1391-1402.

  • Çürük, A. Ü. (2019). Evaluation of sustainable development strategies and sustainable financing mechanismsfor the Turkish floriculture industry. (Master Thesis, Galatasaray University, Istanbul). Access address file:///C:/Users/User/Downloads/587387.pdf

  • Doğan, M. (2016). Examining the relationship between emotional intelligence and investment preferences: The case of Turkey. Bartın University Journal of İ.İ.B.F, 7(14), 543-554.

  • Dolunay, S. K., & Savaş, Ö. (2018) Grammar teaching supported by multiple intelligences theory. Abant İzzet Baysal University Journal of the Faculty of Education, 18(3), 1433-1455.

  • Goleman D. (2016) Why emotional intelligence is more important than IQ (Trans: B. Seçkin Yüksel). Sixth Edition, Varlık Publications, Istanbul.

  • Hayta, A. B. (2009). The role of consumer education in the acquisition of sustainable consumption behavior. Journal of Kirsehir Education Faculty, 10(3).

  • Kahyaoglu, M. B. (2010). The role of gender on the level of exposure to various emotional andpsychological factors affecting investment decisions: An application on ISE individual stock investors. International Journal of Economic & Social Research, 1306-2174.

  • Kalayci, S. (2010). SPSS Applied Multivariate Statistics Techniques (Vol. 5). Ankara, Turkey: Original Publication Distribution

  • Kaya, A. (2015), Emotional intelligence and investor preferences. 19. Finance Symposium, 21-24 October Hitit University, Çorum, 123-146.

  • Kaya, E. O. (2010). The role of banks in the sustainable development process and sustainable banking practices in Turkey. Journal of Business Studies, 2(3), 75-94.

  • Küden, M. (2014). Evaluation of individual investment preferences in terms of behavioral finance. (Master's Thesis, Gediz University, Izmir). Access address file:///C:/Users/User/Downloads/361748.pdf

  • Payasoglu, N. (2019). The effect of emotional intelligence levels of employees in the banking sector on jobperformance: Gaziantep Province example (Master's Thesis, Hasan Kalyoncu University, Gaziantep). Access address file:///C:/Users/User/Downloads/596759.pdf

  • Poyraz, E., & Kaya, B. T. (2018). Financing of environmental sustainability investments in the tourism sector, the case of Muğla province. International Journal of Contemporary Tourism Studies, 2(2), 11-19.

  • Staff, E. (2001). Emotional Intelligence: The Missing Piece. Edutopia: What Works in Public Education.Sternberg, R. J. (1996). What should we ask about intelligence? The American Scholar, 65(2), 205-217.

  • Sternberg, R. J. (1997). The concept of intelligence and its role in lifelong learning and success. American psychologist, 52(10), 1030-1037.

  • Sudak, K. M. (2011). A Research on the Relationship between Personality Types, Emotional Intelligence,Job Satisfaction and Organizational Citizenship Behavior. Unpublished Doctoral Thesis, Gebze: Gebze Advanced Technology Institute, Social Sciences Institute, Gebze.

  • Tuna, Ö. (2014). Corporate sustainability approaches and practices: A research on SMEs. (PhD Thesis,Afyon Kocatepe University, Afyon karahisar). Access address file:///C:/Users/User/Downloads/351796.pdf

  • Turguttopbas, N. (2020). Sustainability, green finance and the first Turkish green bond issuance. Journal of Financial Researches & Studies, 11(22).

  • Ulusoy, T. (2019). Sustainable finance and World practices. A. Gundogdu (Ed.). In Sustainable finance practices in Turkey (1st Edition) (p. 51-76). Ankara: Gazi Bookstore.

  • Uslu, E. (2019). Relationship between emotional intelligence, performance perception and motivation indirect marketing employees: An example of call center employees in Ankara. Doctoral Thesis. Kırıkkale University Institute of Social Sciences, Kırıkkale.

  • Uslu, E., Kartal, C., & Durukan, T. (2018). Relationship between emotional intelligence, performanceperception and motivation in direct marketing. International Journal of Health Management and Strategies Research, 4(1), 1-14.

  • Usul, H., Bekçi, İ., & Eroğlu, A. H. (2002). Socio-economic factors affecting individual investors' stockacquisition. Journal of Erciyes University Faculty of Economics and Administrative Sciences, (19), 135-150.

                                                                                                                                                                                                        
  • Article Statistics