Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 2 (2022): Budapest International Research and Critics Institute May

Determinants of Financial Literature as Investment Decisions (Case Study on PT Bank Rakyat Indonesia's Employees, Tbk) Employees

Rizqi Amalia Yasinta Putri (Unknown)
Wisnu Mawardi (Unknown)



Article Info

Publish Date
20 Jun 2022

Abstract

Financial literacy education is needed so that the public can optimize financial management through existing financial products and services that are appropriate and to their needs. This type of research is descriptive and quantitative. In this study, the research subjects were BRI employees. At the same time, the research object is the level of financial literacy and investment decisions. In this study, the analytical technique used is Partial Least Square (PLS). This study aimed to determine the effect of age, culture, gender, and education on investment decisions. To determine the effect of age, culture, gender, and education on financial literacy and financial literacy's effect on investment decisions. The results showed that the higher the score on financial literacy affects stock investment decisions, the more financial literacy positively influences investment decisions. Meanwhile, age, culture, gender, and education do not affect investment decisions. Improving investment decisions can be done by increasing financial literacy.

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...