This article presents a sociological–narrative approach to studying sensemaking and legitimation in financial markets, and applies this to the Istanbul Stock Exchange (ISE). The sociological–narrative approach taken here differs from standard economics and psychology theories on...

In this article, I follow the lead opened up by Tilly (1999, 2002) who was interested in people\'s storytelling. I do so by looking at sense-making and the legitimacy narratives of market actors in the Istanbul Stock Exchange. Tilly (2006, 2008) himself walked the narrative path and investigated...

In this study, we discuss why and how narratives of market actors can be used as one of the means to study cognitive heuristics and biases in financial markets. Our approach comes from a position in human sciences that the narrative mode of knowing and explanation is the most salient mode of...

Istanbul's place in the global financial system has become regionally prominent as Turkey has opened up to a globalizing economy since the 1980s. The AKP government now wants to not only entrench Istanbul's status as an attractive emerging market but also make Istanbul a globally important...

This article presents a narrative analysis approach to understanding the dynamics of legitimisation in financial markets and applies this to an emerging organized equity market, the Istanbul Stock Exchange (ISE). I argue that financial markets as realms of meaning and practice are prone to be...