Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia

Research Article

Do Demographic and Financial Literacy affect Investment Decision?

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  • @INPROCEEDINGS{10.4108/eai.13-9-2023.2341228,
    author={Nindytia Puspitasari  Dalimunthe and Dwi Asri Siti  Ambarwati and Nova  Mardiana},
    title={Do Demographic and Financial Literacy affect Investment Decision?},
    proceedings={Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia},
    publisher={EAI},
    proceedings_a={ICEBE},
    year={2023},
    month={12},
    keywords={gender fianncial literacy investment decision financial market},
    doi={10.4108/eai.13-9-2023.2341228}
}
  • Nindytia Puspitasari Dalimunthe
    Dwi Asri Siti Ambarwati
    Nova Mardiana
    Year: 2023
    Do Demographic and Financial Literacy affect Investment Decision?
    ICEBE
    EAI
    DOI: 10.4108/eai.13-9-2023.2341228
Nindytia Puspitasari Dalimunthe1,*, Dwi Asri Siti Ambarwati1, Nova Mardiana1
  • 1: Faculty of Economics and Business, Universiy of Lampung
*Contact email: nindytia.puspitasari@feb.unila.ac.id

Abstract

This study aims to test the demographic variable (gender, age, and marital status) and financial literacy on investment decision. The study employ questionnaire to obtain the data. The results show that gender and financial literacy have significant effect on investment decision. Male investor are more likely to make good investment decision compared to female investors. And also, investor with good financial literacy will have good investment decision. Financial literacy helps in managing financial resources effectively.

Keywords
gender fianncial literacy investment decision financial market
Published
2023-12-12
Publisher
EAI
http://dx.doi.org/10.4108/eai.13-9-2023.2341228
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