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Gender Diversity and Financial Decision-Making in Islamic Microfinance Institutions Cintiya Anggita, Marsa; Daryono
Journal International Economic Sharia Vol. 2 No. 1 (2025): June
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jies.v2i1.283

Abstract

Objective: The current research investigates the impacts of gender diversity, leadership style, financial literacy, and organizational culture on financial decision-making, while organizational support is examined as an important moderating variable.Methods: Quantitative research, with a structured questionnaire used with managerial staff. We examine the presumed relationships using structural equation modeling (SEM) to evaluate both the direct effects and the suggested moderation.Results: Based on the results, all four independent variables have a positive and significant effect on financial decision-making. In addition, organizational support emerges as a crucial context enhancer that boosts the effects of core organizational resources on each of these relationships.Novelty: By demonstrating how the Resource-Based View of the firm can be brought together with social exchange-based mechanisms to better explain decision-making effectiveness, insight into decision-making is provided via a unified model that illuminates how organizational resources interact with contextual support to yield greater outcomes.Research Implication: This research provides valuable information that contributes to dealing with governance frameworks; hence, leaders must work towards creating an environment to take the full benefit of their human and cultural capital. It provides a tested model for enhancing strategic decision-making that can be used by different types of financial and mission-driven institutions.
Gender Differences in Ethical Investment Behaviour Among Islamic Capital Market Investors Cintiya Anggita, Marsa; Daryono; Karim, Abdul
Journal International Economic Sharia Vol. 2 No. 1 (2025): June
Publisher : Inovasi Analisis Data

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69725/jies.v2i1.287

Abstract

Objective: This paper investigates the influence of gender, financial literacy, risk perception, and religious commitment on ethical investment behavior moderated by financial experience. Methods: The model was tested through a quantitative explanatory approach grounded on behavioral finance and Sharia law-based paradigms. Results: It is found that gender, financial literacy, risk perception and religious commitment have an influence on ethical investment behavior can be significantly affected by to financial experience. Ethical investors are more strongly committed to Sharia principles and a socially responsible portfolio when they make decisions based on moral awareness - Moral aware investment, as well as from experiential learning – Experiential moral learning. The model confirms the behavioral finance theory in an Islamic ethical environment and sheds light on how the cognitive–spiritual dimension affects investment decisions. Novelty: This study combines the behavior of finance literature with the Islamic ethical paradigm and supports that financial experience accentuates the moral side of investment decisions through enhanced judgment and ethical sensitivity. Research Implication: The findings provide policymakers and Islamic financial institutions with an empirical basis to initiate experience-based education and gender inclusiveness programs to enhance ethical financial eco-systems, and enhance the sustainability of Sharia investment behavior world over.