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Pradipta, Mahendra Aulia
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THE EFFECT OF FINANCIAL LITERACY, FINANCIAL PLANNING, AND RISK TOLERANCE ON INVESTMENT DECISIONS WITH FINANCIAL TECHNOLOGY AS A MODERATING VARIABLE (STUDY ON GENERATION Z IN DKI JAKARTA) Pradipta, Mahendra Aulia
Jurnal Manajemen Vol. 14 No. 2 (2024): JURNAL MANAJEMEN VOL. 14 NO. 2 DESEMBER 2024
Publisher : Fakultas Ekonomi Universitas Sarjanawiyata Tamansiswa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30738/jm.v14i2.4293

Abstract

This study aims to analyze the effect of financial literacy, financial planning, and risk tolerance on investment decisions with financial technology as a moderating variable. This study is a quantitative study with a purposive sampling technique. The population of this study is Generation Z in DKI Jakarta Province with a sample of 204 people. The data is collected using a questionnaire prepared in Google Forms. The data is analyzed using PLS-SEM (Partial Least Square - Structural Equation Modeling) using SMARTPLS application Version 4. The results showed that financial literacy and financial planning have a significant positive effect on investment decisions. However, risk tolerance does not affect investment decisions. Furthermore, the role of financial technology as a moderating variable can strengthen the influence of financial planning and risk tolerance, but not financial literacy.