Joni hendra
Institut Agama Islam Negeri Datuk Laksemana Bengkalis, Riau

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

Integrasi FOMO dan Literasi Keuangan dalam Membentuk Model Keputusan Investasi IPO yang Lebih Rasional Khomisatul Fitri; Asmaul Layli; Nuzul Fatiha; Tasya Tasya; Joni hendra
Jurnal Ilmiah Manajemen, Ekonomi dan Akuntansi Vol. 6 No. 1 (2026): MARET : Jurnal Ilmiah Manajemen, Ekonomi dan Akuntansi
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jurimea.v6i1.1844

Abstract

The growing participation of retail investors in Initial Public Offerings (IPOs) indicates that investment decisions are shaped not only by rational analysis but also by psychological dynamics such as FOMO, which arises from social pressure, market euphoria, and fear of missing potential gains. This study aims to examine how FOMO influences impulsive decision-making in IPO investments and how financial literacy mitigates this influence, ultimately shaping more rational investment behavior. This research employs a literature review approach, collecting data from national and international journals, official financial institution reports, and relevant academic publications, which were then analyzed using content analysis to identify conceptual patterns and variable relationships. The findings reveal that FOMO strongly drives impulsive behavior, particularly among investors with low literacy levels, while financial literacy functions as a cognitive regulator that reduces impulsivity and enhances decision quality. The study concludes that the integration of FOMO and financial literacy forms the IPO Rationality Model, offering a new conceptual framework for understanding modern investment behavior and providing practical implications for investor education, regulatory policy development, and risk-mitigation features in digital investment platforms
Eksplorasi Literasi Keuangan, Hedonisme, dan Perilaku Konsumtif dalam Membentuk Pola Kesehatan Keuangan Pribadi Generasi Z Nur Azlya Rahmadhani; Muhammad Afdal; Natasya Natasya; Ayuditha Nanda; Joni Hendra
Jurnal Ilmiah Manajemen, Ekonomi dan Akuntansi Vol. 6 No. 1 (2026): MARET : Jurnal Ilmiah Manajemen, Ekonomi dan Akuntansi
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jurimea.v6i1.1929

Abstract

This study is motivated by the increasing consumptive behavior of Generation Z, which is influenced by low financial literacy, the prevalence of hedonistic lifestyles, and the strong exposure to social media in everyday life. This study aims to analyze the relationship between financial literacy, hedonism, and consumptive behavior and explain how these three variables shape Generation Z's personal financial health patterns. Using a qualitative approach with in-depth interview techniques, this study involved several participants selected through purposive sampling. The data were analyzed using thematic analysis to identify patterns and meanings from the participants' experiences. The results showed that low financial literacy, hedonistic lifestyles, and the strong influence of social media were the main factors driving consumptive behavior among Generation Z. A lack of understanding about money management made young people more likely to follow trends and buy things based on their desires rather than their needs. This study concludes that the interaction of these three factors significantly contributes to the decline in the personal financial health of the younger generation. Theoretically, this study enriches the study of the financial behavior of the digital generation, and practically provides a basis for the development of financial education programs that are more adaptive to the needs of the current generation