Research Article
The Influence of Financial Attitude, Financial Behavior, Financial Knowledge, and Financial Technology on Students' Investment Interest in the Capital Market
@INPROCEEDINGS{10.4108/eai.17-9-2024.2353117, author={Khairunnisa Harahap and Jumiadi A.W and Muhammad Rizal and Roza Thohiri}, title={The Influence of Financial Attitude, Financial Behavior, Financial Knowledge, and Financial Technology on Students' Investment Interest in the Capital Market}, proceedings={Proceedings of the 6th International Conference on Innovation in Education, Science, and Culture, ICIESC 2024, 17 September 2024, Medan, Indonesia}, publisher={EAI}, proceedings_a={ICIESC}, year={2025}, month={1}, keywords={financial attitude financial behavior financial knowledge financial literacy investment interest}, doi={10.4108/eai.17-9-2024.2353117} }- Khairunnisa Harahap
Jumiadi A.W
Muhammad Rizal
Roza Thohiri
Year: 2025
The Influence of Financial Attitude, Financial Behavior, Financial Knowledge, and Financial Technology on Students' Investment Interest in the Capital Market
ICIESC
EAI
DOI: 10.4108/eai.17-9-2024.2353117
Abstract
This study analyzes the influence of Financial Attitude, Financial Behavior, Financial Knowledge, and Financial Literacy on Investment Interest among individuals. Using the Partial Least Squares Structural Equation Modeling (PLS-SEM) approach, this study evaluates the relationships between these variables to identify the most influential factor on investment interest. The analysis results indicate that Financial Behavior is the only variable with a significant influence on Investment Interest, with a Path Coefficient value of 0.389 and a p-value of 0.000, suggesting that good financial behavior significantly increases individuals' interest in investing. In contrast, Financial Attitude (0.010, p-value 0.974), Financial Knowledge (0.102, p-value 0.415), and Financial Literacy (0.059, p-value 0.845) do not show a significant influence on Investment Interest. The R Square obtained is 0.200, indicating that the independent variables in this model can explain 20% of the variability in Investment Interest. In comparison, the remaining 80% is explained by other factors not included in this study. The f Square analysis indicates that Financial Behavior contributes the most, with an f Square value of 0.175, while the other variables have insignificant contributions. .
