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Gen Z Investment Decision: Role of Financial Literacy, Financial Behaviour, Financial Experience and Risk Tolerance Naelati Tubastuvi; Muhammad Javier Fausta Azaria; Wida Purwidianti; Yudhistira Pradhipta Aryoko
Airlangga Journal of Innovation Management Vol. 5 No. 4 (2024): Airlangga Journal of Innovation Management
Publisher : Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/ajim.v5i4.61315

Abstract

This research aims to investigate the determinants influencing investment decisions among Generation Z in Banyumas Regency, Indonesia. This research focuses on the population of Generation Z individuals aged 18-27 years, with a sample size of 120 respondents selected through purposive sampling using the 10-times rule method. Data collection was conducted using a structured questionnaire based on a Likert scale to assess various factors, including financial literacy, financial behaviour, financial experience, and risk tolerance. The analysis employed Partial Least Squares Structural Equation Modeling (PLS-SEM) using Smart PLS software, which facilitated the evaluation of both the outer and inner models to test validity, reliability, and hypothesis testing. The results show that financial literacy, financial behaviour and risk tolerance positively and significantly influence investment decisions among Generation Z respondents. These findings suggest that increasing financial literacy, improving financial behaviour and having good risk tolerance can lead to more informed investment decisions among this demographic. Meanwhile, financial experience does not affect investment decisions, indicating that Generation Z investors do not consider their financial experience in their investment decisions. The implications of this research highlight the importance of targeted financial education programs aimed at Generation Z to improve their investment decision-making capabilities. By fostering a better understanding of financial concepts and encouraging responsible financial behaviours, stakeholders can contribute to the development of a more financially literate and proactive generation of investors
Strategi Peningkatan Kinerja Karyawan: Perspektif Iklim Organisasi, Kompensasi, dan Disiplin Kerja Melalui Kepuasan Kerja Hafid Rezki Syahidan; Yudhistira Pradhipta Aryoko; Akhmad Darmawan; Alfalisyado
El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam Vol. 6 No. 3 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/elmal.v6i3.6501

Abstract

This study aims to analyze the effect of organizational climate, compensation, and work discipline on employee performance, to explore the role of employee satisfaction and work discipline on employee performance, and the role of job satisfaction as a mediating variable. As a mediating variable. The object of this research is civil servants (PNS) at the Banyumas Regency Health Office, with a sample size of 100 respondents taken using the total sampling technique. 100 respondents were taken using the total sampling technique. This research uses a quantitative approach, where data is collected through questionnaires distributed to respondents. Through questionnaires distributed to respondents. The method used is Structural Equation Modeling (SEM) and the data processing tool used is SMART-PLS to analyze the results. The data processing tool used is SMART-PLS to analyze the relationship between variables. Research results showed that organizational climate has a positive and significant effect on employee performance, while compensation and discipline on employee performance, while compensation and work discipline do not show a significant effect. Showed no significant effect. In addition, job satisfaction was shown to function as a mediating variable that affects the relationship between compensation and employee, employee performance, and work discipline on employee performance. Implications of this study indicate that the Health Office needs to take a more holistic approach to improving employee performance by focusing on developing a positive organizational climate and increasing job satisfaction. Organizational climate and increasing job satisfaction, although compensation and work discipline remain important in the context of employee well-being.