Asian Journal of Management Analytics
Vol. 4 No. 3 (2025): July 2025

Understanding the Drivers of Investment Intention: A Systematic Literature Review

Atmaya Fitra Alfathya (Unknown)
Sumiati (Unknown)
Nur Khusniyah Indrawati (Unknown)



Article Info

Publish Date
28 Jul 2025

Abstract

The increasing accessibility of financial markets has created more opportunities for individuals to invest, yet participation rates remain low in certain regions. This study examines key factors influencing investment intentions through a systematic literature review guided by the PRISMA framework, analyzing 44 articles. The findings classify investment intention determinants into five categories: personal, psychological, company-related, social, and technological. Financial literacy, the TPB’s component, and perceived risk are the most frequently discussed and significantly impact investment intention. Additionally, social media and influencers play a crucial role in enhancing financial awareness and information dissemination, thereby encouraging individual investment intentions. The growing interest in sustainable investment also opens new opportunities for individual investments. These results have significant implications for the development of investment intention literature and offer practical guidance to policymakers and financial institutions in formulating strategies that enhance individual investment intentions.

Copyrights © 2025






Journal Info

Abbrev

ajma

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The Asian Journal of Management Analytics (AJMA) is a journal focused on the theory and application of data analytics and its applications in contemporary business, economics, and management disciplines. These disciplines include accounting, finance, management, marketing, economics ...