Financial Exploitation: A Qualitative Analysis from Türkiye

Elderly individuals who need the support of others may be subjected to abuse in managing their budgets and financial decisions. This situation is explained as financial exploitation, which is a subtype of elder abuse. The main purpose of this study is to evaluate the participants’ financial decision...

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Main Authors: Mustafa Can Samirkas, Meryem Samirkas Komsu, Ufuk Cem Komsu, Samet Evci
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:International Journal of Financial Studies
Subjects:
Online Access:https://www.mdpi.com/2227-7072/13/2/81
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author Mustafa Can Samirkas
Meryem Samirkas Komsu
Ufuk Cem Komsu
Samet Evci
author_facet Mustafa Can Samirkas
Meryem Samirkas Komsu
Ufuk Cem Komsu
Samet Evci
author_sort Mustafa Can Samirkas
collection DOAJ
description Elderly individuals who need the support of others may be subjected to abuse in managing their budgets and financial decisions. This situation is explained as financial exploitation, which is a subtype of elder abuse. The main purpose of this study is to evaluate the participants’ financial decision-making skills and their exposure to financial exploitation. In this study, which was designed according to qualitative research design, data were collected through semi-structured interview forms. The collected data were analyzed by creating themes according to the general framework coding method. The results of the study reveal that the participants receive help from their children in financial decision-making and that their children generally manage their budgets. Moreover, although the income levels of the participants are generally quite low, it is seen that they are exposed to financial exploitation by their families and people in their immediate vicinity.
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id doaj-art-4555ea525fbf4ea3a4fa05ac88aba4af
institution Kabale University
issn 2227-7072
language English
publishDate 2025-05-01
publisher MDPI AG
record_format Article
series International Journal of Financial Studies
spelling doaj-art-4555ea525fbf4ea3a4fa05ac88aba4af2025-08-20T03:27:10ZengMDPI AGInternational Journal of Financial Studies2227-70722025-05-011328110.3390/ijfs13020081Financial Exploitation: A Qualitative Analysis from TürkiyeMustafa Can Samirkas0Meryem Samirkas Komsu1Ufuk Cem Komsu2Samet Evci3School of Applied Technology and Management of Erdemli, Mersin University, Mersin 33730, TürkiyeFaculty of Tourism, Mersin University, Mersin 33110, TürkiyeVocational School of Mersin, Mersin University, Mersin 33160, TürkiyeFaculty of Economics and Administrative Sciences, Osmaniye Korkut Ata University, Osmaniye 80000, TürkiyeElderly individuals who need the support of others may be subjected to abuse in managing their budgets and financial decisions. This situation is explained as financial exploitation, which is a subtype of elder abuse. The main purpose of this study is to evaluate the participants’ financial decision-making skills and their exposure to financial exploitation. In this study, which was designed according to qualitative research design, data were collected through semi-structured interview forms. The collected data were analyzed by creating themes according to the general framework coding method. The results of the study reveal that the participants receive help from their children in financial decision-making and that their children generally manage their budgets. Moreover, although the income levels of the participants are generally quite low, it is seen that they are exposed to financial exploitation by their families and people in their immediate vicinity.https://www.mdpi.com/2227-7072/13/2/81old agebudget management in old ageelder abusefinancial exploitationfinancial exploitation in old age
spellingShingle Mustafa Can Samirkas
Meryem Samirkas Komsu
Ufuk Cem Komsu
Samet Evci
Financial Exploitation: A Qualitative Analysis from Türkiye
International Journal of Financial Studies
old age
budget management in old age
elder abuse
financial exploitation
financial exploitation in old age
title Financial Exploitation: A Qualitative Analysis from Türkiye
title_full Financial Exploitation: A Qualitative Analysis from Türkiye
title_fullStr Financial Exploitation: A Qualitative Analysis from Türkiye
title_full_unstemmed Financial Exploitation: A Qualitative Analysis from Türkiye
title_short Financial Exploitation: A Qualitative Analysis from Türkiye
title_sort financial exploitation a qualitative analysis from turkiye
topic old age
budget management in old age
elder abuse
financial exploitation
financial exploitation in old age
url https://www.mdpi.com/2227-7072/13/2/81
work_keys_str_mv AT mustafacansamirkas financialexploitationaqualitativeanalysisfromturkiye
AT meryemsamirkaskomsu financialexploitationaqualitativeanalysisfromturkiye
AT ufukcemkomsu financialexploitationaqualitativeanalysisfromturkiye
AT sametevci financialexploitationaqualitativeanalysisfromturkiye