摘要：AbstractThis paper deals with manager's ability to use financial market instruments in small and medium sized businesses operate in Turkey. According to the findings of the study, financial literacy level of the manager increases with financial training, which is a strategic management decision in the conclusion. It is determined that financial literacy levels of the managers who participated in the study are higher compared to the other studies in the literature. Additionally, managers with higher financial literacy levels show greater participation in the financial markets by diminishing information constraints. Another behavioral factor effects the market participation is overconfidence that very low among managers participated in the study. This may be the fact of limited market participation among SMBs managers. Financial training has also relation with confidence levels of the managers.
