Financial Literacy and Demographics of Investment Decisions: A Study of the Young Generation in JABODETABEK

Celine Putri Wijaya and Novia Utami ()
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Celine Putri Wijaya: Atma Jaya Catholic University of Indonesia
Novia Utami: Atma Jaya Catholic University of Indonesia

A chapter in Proceedings of the 20th International Symposium on Management (INSYMA 2023), 2024, pp 57-61 from Springer

Abstract: Abstract This study aims to examine the relationship between financial literacy and demographics with investment decisions made by young people in the JABODETABEK area, Indonesia. The sample collection used a convenience sampling technique through online questionnaires. Then, a total of 130 samples were processed using the Structural Equation Model (SEM - PLS). The test results show that financial literacy and demographics measured using gender, education, and investment experience have a significant influence on investment decisions.

Keywords: Financial Literacy; Demographics; Investment Decision (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-244-6_11

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DOI: 10.2991/978-94-6463-244-6_11

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