Abstract:

In the study, which aims to determine the factors that may be suitable for the establishment of relatively proactive risk management systems within the scope of financial connectivity, the explanoratory power of the Borsa Istanbul financial sector index returns and the Borsa Istanbul national index returns was investigated. Multiple linear regression models were established from the selected CBRT EDDS monthly data for the period 2011: 01 - 2018: 12 . It was found that the model established for the Stock Exchange Istanbul national index was not statistically significant, although the model established for the Stock Exchange Istanbul financial sector index was statistically significant, the explanatory power of the model was low and all other variables except M2 were considered statistically insignificant. It was concluded that it would be more appropriate to work with different models in order to determine the factors that may be appropriate when trying to establish a risk surveillance mechanism by identifying the findings regarding the possibility of changing variance problem.

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