Journal of Applied Management and Business (JAMB)
Vol. 6 No. 1 (2025): Volume 6 No. 1, July. 2025

The Influence of Locus of Control, Social Media, Financial Literacy on Gen-Z Online Investment Decisions

Kumalasari, Lalita Christi (Unknown)
Wijayanto, Edi (Unknown)
Hamida, Nurul (Unknown)



Article Info

Publish Date
23 Jul 2025

Abstract

This research aims to analyze the influence of locus of control and social media on online investment decisions with financial literacy as an intervening variable on gen z in the digital era. The design of this study is a causal applied quantitative. The data collection method uses a questionnaire that is distributed randomly and analyzed using SmartPLS 3 software. The sampling technique used is purposive sampling technique and the number of samples is 100 respondents who were students at Politeknik Negeri Semarang. The instrument trial was analyzed using the outer model test and the hypothesis test was analyzed using the inner model test. The results of this study indicate that locus of control, social media and financial literacy have a significant and positive influence on investment decisions. In addition, locus of control and social media influence investment decisions both directly and through financial literacy as an intervening variable.

Copyrights © 2025






Journal Info

Abbrev

jamb

Publisher

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Social Sciences Other

Description

Journal of Applied Management and Business (JAMB) is a peer review journal published by Universitas Dinamika. This journal is published in June and December. Journal of Applied Management and Business (JAMB) is a learned journal in the management and marketing for a knowledge society, international ...