Indonesian Journal of Economics, Business, Accounting, and Management
Vol 3 No 6 (2025): Volume 3, No. 6, 2025

What are The Factors that Influence The Investment Intentions of Generation Z in Yogyakarta?

Shefyana, Ricka (Unknown)
Kusumawardhani, Ratih (Unknown)
Damanik, Johannes Maysan (Unknown)



Article Info

Publish Date
05 Oct 2025

Abstract

This study analyzes the factors influencing investment intentions among Generation Z in Yogyakarta by applying the Theory of Planned Behavior (TPB). The variables examined include past behavior and subjective norms toward investment intention. A quantitative approach was employed, with data collected through online questionnaires distributed to 149 Generation Z respondents. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show that past behavior has a positive and significant effect on investment intention, with a coefficient of 0,480 (p-value 0,001). Similarly, subjective norms also have a positive and significant effect on investment intention, with a coefficient of 0,451 (p-value 0,002). These findings highlight the importance of prior investment experience and social environment in shaping Generation Z’s investment intentions.

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Journal Info

Abbrev

ijebam

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

We invite researchers, academics and practitioners to submit research results, internship reports, and business design manuscripts to the Indonesian Journal of Economics, Business, Accounting, and Management (IJEBAM). Indonesian Journal of Economics, Business, Accounting, and Management (IJEBAM) is ...