Growth: Journal Management and Business
Vol. 2 No. 01 (2024): June 2024

The Effect of Financial Literacy on Investment Decisions Mediated by Financial Behavior

Ivan Andeska Marpaung (Universitas Pelita Bangsa)
Retno Purwani Setyaningrum (Universitas Pelita Bangsa)
Sunita Dasman (Universitas Pelita Bangsa)



Article Info

Publish Date
30 Jun 2024

Abstract

The expected benefits of this study are to deepen the results of previous research on how financial literacy variables affect investment decision variables and also to analyze whether financial behavior variables as mediating variables can strengthen or weaken the relationship between financial literacy variables and investment decision variables. The sample population used was 34 employees who worked in the South Jakarta Jamsostek Tower area. The research data was obtained by distributing questionnaires using a Likert scale as a measuring tool. The technique used to understand the data is descriptive quantitative and assisted by data analysis of the Smart PLS application. The results showed that financial literacy variables have an influence on investment decision variables and financial literacy variables have an influence on financial behavior variables. However, financial behavior does not affect the investment decision variable and the financial behavior variable does not provide influence in mediating the effect of financial literacy on investment decisions.

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Journal Info

Abbrev

jmb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Growth: Journal Management and Business, published by Lentera Ilmu Nusantara Growth: Journal Management and Business accommodates the publication of research results in the field of Economics and Business conducted by lecturers as a manifestation of the Tri Darma of Higher Education. Growth: Journal ...