Jurnal Inovasi Bisnis (Inovbiz)
Vol 10, No 2 (2022)

The Influence of Financial Behavior with Risk Perception as Moderation in Determining Investment Decisions in Batam City

Lydia Desrita (Universitas Internasional Batam)
Dewi Khornida Marheni (Universitas Internasional Batam)



Article Info

Publish Date
18 Dec 2022

Abstract

Stock investment is now an alternative for young people to invest in. In investing in stocks, there are still factors that can hinder investors, namely financial behavior. The purpose of this research is to know and understand the financial factors and the perception of investors' risk on investment decisions in Batam City. This study uses a quantitative approach with primary data in the form of a questionnaire and using purposive sampling. Financial literacy, overconfidence, herding, anchoring, representative, and availability have a significant positive effect on investment decisions. Meanwhile, risk perception and the other six moderating variables don’t have any influence on investors' investment decisions. In investing, investors must understand financial behavior that helps investors in making good decisions and risk perception will make investors afraid of the risks that occur in investing.

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Journal Info

Abbrev

IBP

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Inovasi Bisnis (Inovbiz) focuses on how we gain knowledge through innovation and how knowledge encourages the innovation both in economics and business. It is provided for writer, researcher, professor, and practitioner who want to publish their research reports or articles, theoritical or ...