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Adrian Handa
STAI Tuanku Tambusai, Indonesia

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The Influence of Financial Literacy, Risk Perception, and Investment Behavior on Individual Financial Performance Adrian Handa; Rina Nopianti; Achmad Choerudin; Muchamad Bachtiar
Journal Management & Economics Review (JUMPER) Vol. 3 No. 10. 1 (2026): Special Issue: Call For Paper JUMPER
Publisher : Malaqbi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v3i10. 1.1031

Abstract

This study aims to analyze the influence of financial literacy, risk perception, and investment behavior on individual financial performance, as well as to examine the mediating role of investment behavior. A quantitative research approach with a causal design was employed, and data were collected through a structured questionnaire distributed to 218 respondents who have experience in financial management and investment activities. The data were analyzed using Structural Equation Modeling (SEM) with Partial Least Squares (PLS) to test both direct and indirect relationships among variables. The results indicate that financial literacy and risk perception have positive and significant effects on individual financial performance. Additionally, both variables significantly influence investment behavior, which in turn has the strongest positive effect on financial performance. The mediation analysis further reveals that investment behavior significantly mediates the relationship between financial literacy and financial performance, as well as between risk perception and financial performance. These findings suggest that improving financial knowledge and risk awareness alone is not sufficient; individuals must also adopt appropriate and disciplined investment behavior to achieve optimal financial outcomes. This study contributes to the literature by providing a comprehensive model integrating cognitive, psychological, and behavioral factors in explaining individual financial performance. The results also offer practical implications for policymakers and financial educators in designing effective financial education programs to enhance financial well-being.
Legal Protection for Consumers in E-Commerce Transactions: Analysis of Business Law Compliance in Digital Marketplaces Pitriani; Adrian Handa; Muhammad Rafli Mawla Rakhman; Erni Yoesry
Journal Management & Economics Review (JUMPER) Vol. 3 No. 10. 1 (2026): Special Issue: Call For Paper JUMPER
Publisher : Malaqbi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59971/jumper.v3i10. 1.1034

Abstract

This study aims to examine the influence of transformational leadership, job satisfaction, and organizational commitment on employee performance. In today's competitive organizational environment, improving employee performance is essential for achieving organizational effectiveness and sustainability. Transformational leadership is considered an important leadership approach that inspires employees to achieve higher levels of performance, while job satisfaction and organizational commitment are key psychological factors that influence employees’ attitudes and behaviors in the workplace. This study employs a quantitative research approach with an explanatory research design to analyze the relationships among the variables. Data were collected through a structured questionnaire distributed to employees using a Likert scale measurement. A total of 200 respondents participated in this study. The data were analyzed using Structural Equation Modeling with the Partial Least Squares (SEM-PLS) technique. The results indicate that transformational leadership has a positive and significant influence on employee performance. Job satisfaction also shows a positive and significant effect on employee performance, indicating that satisfied employees tend to demonstrate higher productivity and effectiveness in their work. Furthermore, organizational commitment significantly contributes to employee performance by strengthening employees’ loyalty and dedication toward organizational goals. The coefficient of determination results show that transformational leadership, job satisfaction, and organizational commitment collectively explain a substantial proportion of the variance in employee performance. These findings highlight the importance of effective leadership practices and positive employee attitudes in improving organizational performance. Therefore, organizations should focus on fostering transformational leadership, enhancing job satisfaction, and strengthening organizational commitment in order to improve employee performance and achieve sustainable organizational success.