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A The Influence of Financial Literacy, Overconfidence, and Risk Tolerance on Student Investment Decisions in Palembang City Putri Fadillah Amanda Pufaa; Endah Dewi Purnamasari; Shafiera Lazuarni
ProBisnis : Jurnal Manajemen Vol. 14 No. 4 (2023): August: Management Science
Publisher : Lembaga Riset, Publikasi dan Konsultasi JONHARIONO

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62398/probis.v14i4.240

Abstract

This study aims to determine the effect of financial literacy, overconfidence, and risk tolerance on investment decisions of students in Palembang City. This study uses quantitative methods and analysis using multiple linear regression analysis. Testing this study using SPSS version 25. The results of the first regression analysis prove that financial literacy (X1) has a positive and significant effect on investment decisions, If financial literacy increases, investment decisions also increase. The results of the second regression analysis prove that overconfidence (X2) has a positive and significant effect on investment decisions. If an investor has high overconfidence, the investment decision will also be high. The results of the third linear regression analysis prove that risk tolerance (X3) has no positive and significant effect. If an investor has a high risk tolerance, the investor will be more courageous in making investment decisions, whereas if an investor has a low risk tolerance, the investor tends to avoid risk.
Investment Interest: Factors Affecting Investors in the Capital Market Erin Soleha; Shafiera Lazuarni
Economic Education Analysis Journal Vol. 13 No. 1 (2024): Economic Education Analysis Journal
Publisher : Universitas Negeri Semarang

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Abstract

Economic activity can increase with the existence of the capital market as an alternative funding for companies so they can expand their business more widely so that it will increase income. This research aims to determine the influence of income, investment knowledge and investment motivation on interest in investing in the capital market. This research was conducted on capital market investors in West Java Province. The sampling technique uses a non-probability sampling method with the Accidental Sampling technique because the population in West Java is unknown, so the formula needed to determine the sample size is to use the Lemeshow formula. So the minimum sample size required in this research is 100 respondents. In this research, questionnaires were the only data collection technique used. Meanwhile, the statistical test tool used in this research is SmartPLS. From the research that has been carried out, results have been obtained which show that income and investment motivation have an influence on interest in investing in the capital market and investment knowledge has no effect on interest in investing in the capital market. The results of this research explain that the amount of income one has and the high level of motivation will make someone interested in investing, while investment knowledge cannot yet determine whether someone is interested in investing in the capital market or not.