Jurnal Manajemen
Vol. 28 No. 1 (2024): February 2024

The Influence Of Financial Socialization, Overconfidence And Mental Accounting On Investment Decisions

I Gede Adiputra (Faculty of Economics & Business, Tarumanagara University, Jakarta, Indonesia)
Nur Ainun Bangun (Faculty of Economics & Business, Tarumanagara University, Jakarta, Indonesia)
Bella Graceilla (Faculty of Economics & Business, Tarumanagara University, Jakarta, Indonesia)



Article Info

Publish Date
01 Feb 2024

Abstract

This study examines the effect of financial socialisation, herding, overconfidence and mental accounting on investment decisions among stock investors in Jakarta. The sample in the study is stock investors who reside in Jakarta.   The purposive sampling method collected 205 respondents through Google Forms distributed online on social media. The research data were analysed with a structural equation system using SmartPLS.3.2.9 software. The results showed that financial socialisation positively and significantly influences Generation Z's investment decisions in Jakarta. Overconfidence positively and significantly influences Generation Z's investment decisions in Jakarta. Mental accounting has a positive and significant influence on the investment decisions of Generation Z in Jakarta.

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Journal Info

Abbrev

EJM

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Manajemen [p-ISSN 1410-3583 | e-ISSN 2549-8797] is a peer-reviewed journal published three times a year (February, June, and October) by Faculty of Economics, Universitas Tarumanagara. Jurnal Manajemen is intended to be the journal for publishing articles reporting the results of research on ...