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

In: Proceedings of the 20th International Symposium on Management (INSYMA 2023)

Author

Listed:
  • Celine Putri Wijaya

    (Atma Jaya Catholic University of Indonesia)

  • Novia Utami

    (Atma Jaya Catholic University of Indonesia)

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.

Suggested Citation

  • Celine Putri Wijaya & Novia Utami, 2024. "Financial Literacy and Demographics of Investment Decisions: A Study of the Young Generation in JABODETABEK," Advances in Economics, Business and Management Research, in: Werner Ria Murhadi & Dudi Anandya & Noviaty Kresna Darmasetiawan & Juliani Dyah Trisnawati & Putu An (ed.), Proceedings of the 20th International Symposium on Management (INSYMA 2023), pages 57-61, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-244-6_11
    DOI: 10.2991/978-94-6463-244-6_11
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