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Journal : SENTRALISASI

The Role of Financial Knowledge, Income Level, Financial Behavior, and Regret Experience in Shaping Investment Decisions: A Study of Sme Business Owners With Locus of Control as A Mediator Abidin, Gita Rosiliana; Tubastuvi, Naelati; Haryanto, Eko; Rachmawati, Erny
SENTRALISASI Vol. 13 No. 2 (2024): Sentralisasi
Publisher : Universitas Muhammadiyah Sorong

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33506/sl.v13i2.3074

Abstract

This research aims to examine investment decisions influenced by financial knowledge, income level, financial behavior, regret experience, and locus of control. This research differs from previous research, namely using the locus of control variable as a mediating variable and adding the financial behavior variable and the regret experience variable as independent variables. The investment decisions examined in this research focus on investment. As for population and sample methodology, was MSME business actors in Banjarnegara, Indonesia who already had a legal permit; using the purposive sampling method, the sampling is 180 respondents which was obtained from the Slovin formula calculation. Data analysis techniques use Structural Equation Model (SEM) PLS. The results of this study state that: first, financial knowledge and regret experience have no effect on locus of control, while income level and financial behavior have an positive effect on locus of control. second, financial knowledge, income level, financial behavior and experience of regret influence investment decisions. third, locus of control cannot mediate the influence of financial knowledge and experience of regret on investment decisions, but on the influence of income level and financial behavior on investment decisions, locus of control has a mediating role.
Co-Authors Abdul Gani, Aqil Abidin, Gita Rosiliana Agustin, Mila Aji Pranoto Amin Kiswantoro Angelia, Ernitha Atika Lubis Azis, Adek Cerah Kurnia Balqis, Lale Alia Br Sitanggang, Viola Margaretta Budi Santoso, Suryo Cahyawati, Manaen Sekar Catrayasa, I Wayan Chablullah Wibisono Chairul Saleh Darmawan, Diyanah Widyastuti Devita, Hanna Dewi, Nurul Kemala Dodik Prakoso Eko Hery Suwandojo Eko Budi Santoso, Selamet Eko Nusantoro Eko Sugiarto Erny Rachmawati Faisal Faisal Farokhi, Sakhron Fera Meliyanti Feriyanto, Mochamad Zely Eko Fiyanto, Arif Gunadi Gunadi Herwantoni, Riski I Gusti Gde Badrawada Ibnu Fajar, Ghani Indra Kusuma, Dhany Indrawan, Muhammad Gita Islamy, Athoillah Joko Waluyo Jussac Maulana Masjhoer Kemala Dewi, Nurul Kuntoro, Adi Mahira, Nabila Khansa Makiya, Kiki Rizki Maulana, Ardilla Mazaya, Amalia Febryane Adhani Meiana Maulida Hikmawati Minda Septiani Muh. Ibnan Syarif, Muh. Ibnan MUHAMMAD SHOLEH Muharrar, Syakir Mujiyono Mujiyono Mursidah Waty Mustopa, Debi Naam, Muh. Fakhrihun Naelati Tubastuvi Natriya, Nida Na’am, Muh. Fakhrihun Ngaliman, Ngaliman Noviati, Fitria Nur Rohman Nurmalasari Nurmalasari Prakoso, Aditha Agung Prasetia, Ficky Pratomo, Andro Dewa Pujangga, Robert Rahayu Ningsih Rahman, Nadia Ananda RAHMAT GUNAWAN Rifandi, Muhamad Rizky Maulana, Rizky Ropiah, Isna Kemi Rysca Indreswari Safitri, Asiva Nobel Eka Salsa Billa, Khoirun Nisa Salma Saputra, Tomihendra Satriawati, Zahrotun Siti Nur Azizah, Siti Nur Slamet Haryono Soesanto Soesanto Sri Wahyuni Suparni Setyowati Rahayu Supatmo, Supatmo Susetyo, Robert Ardy Suwanto Raharjo Syakir syakir syakir Tanti, Grecia Witara Tri Marhaeni Pudji Astuti Verra Sofica Wahib, Moh Willy Astriana Yan F Permadhi Yusof, Nurhikma Bt Mat