Financial Exploitation: A Qualitative Analysis from Türkiye

Mustafa Can Samirkas (), Meryem Samirkas Komsu, Ufuk Cem Komsu and Samet Evci
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Mustafa Can Samirkas: School of Applied Technology and Management of Erdemli, Mersin University, Mersin 33730, Türkiye
Meryem Samirkas Komsu: Faculty of Tourism, Mersin University, Mersin 33110, Türkiye
Ufuk Cem Komsu: Vocational School of Mersin, Mersin University, Mersin 33160, Türkiye
Samet Evci: Faculty of Economics and Administrative Sciences, Osmaniye Korkut Ata University, Osmaniye 80000, Türkiye

IJFS, 2025, vol. 13, issue 2, 1-31

Abstract: 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.

Keywords: old age; budget management in old age; elder abuse; financial exploitation; financial exploitation in old age (search for similar items in EconPapers)
JEL-codes: F2 F3 F41 F42 G1 G2 G3 (search for similar items in EconPapers)
Date: 2025
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