Atestasi : Jurnal Ilmiah Akuntansi
Vol. 6 No. 2 (2023): September

A Closer Look of How Individual Investor Make Investment Decision: Systematic Review

Rosyidah Rahmah (Universitas Pendidikan Indonesia & Universitas Bina Nusantara)
Nugraha (Universitas Pendidikan Indonesia)
Disman (Universitas Pendidikan Indonesia)
Imas Purnamasari (Universitas Pendidikan Indonesia)



Article Info

Publish Date
29 Nov 2023

Abstract

The aim of this study is to examine the existing literature on the factors that influence the investment decisions made by individual investors. The employed methodology is a systematic literature review conducted using the PRISMA approach. The choice of Scopus as the information source was based on its status as the largest and well reputable scientific database. We obtained data from internet databases that contain extensive collections of scholarly studies, journal articles, and conference papers. These resources are written in English and are readily available to the authors. Using a predetermined string, 275 articles were extracted from Scopus. Ultimately, 137 papers were found to fit the criteria for analysis in discussing the factors that determine investing decisions for individual investors. The result show that there are five main determinant of investment decision for individual investor: Financial literacy, emotional biases, gender, generation y and long-term orientation. The implications of this study will be discussed later.

Copyrights © 2023






Journal Info

Abbrev

ATESTASI

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Founded in 2018, Atestasi: Jurnal Ilmiah Akuntansi is a double-anonymous peer-reviewed journal published by the Accounting Study Program, Faculty of Economics, Muslim University of Indonesia, Makassar. Published twice a year, in March and September, with E-ISSN 2621-1505. This journal engages in a ...