Research Article
The Financial Literacy and Investment Decisions in Indonesia
@INPROCEEDINGS{10.4108/eai.14-12-2021.2318356, author={Ikaputera Waspada and Amir Machmud}, title={The Financial Literacy and Investment Decisions in Indonesia}, proceedings={Proceedings of the 1st International Conference on Economic and Education, ICON 2021, 14 - 15 December 2021, Padang-West Sumatra, Indonesia}, publisher={EAI}, proceedings_a={ICON}, year={2022}, month={7}, keywords={financial literacy; investor; investment decision}, doi={10.4108/eai.14-12-2021.2318356} }- Ikaputera Waspada
Amir Machmud
Year: 2022
The Financial Literacy and Investment Decisions in Indonesia
ICON
EAI
DOI: 10.4108/eai.14-12-2021.2318356
Abstract
This study aims to examine financial literacy variables can influence investment decision making in investors in Indonesia. This study uses descriptive methods with data collection methods, through survey methods. Respondents in this study were the people of Bandung, West Java, Indonesia. Samples taken as many as 117 respondents through Purposive Sampling techniques. The collected data is then analyzed with using the ratio scale and Likert scale. To find out the relationship between the two variables, a simple regression is used with the t test. The results of the study show that Financial Literacy has no significant negative effect on investment decision making by investors in Indonesia. This finding provides the implication that to encourage investment in Indonesia, it is necessary to financial literacy in the community, especially investors.