Research Article
Do Demographic and Financial Literacy affect Investment Decision?
@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
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.
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