Student Investment in Pekanbaru: The Role of Financial Literacy & Risk Perception
Keywords:
financial literacy, student investment interest, investment riskAbstract
This research aims to determine the influence of financial literacy and investment risk on investment interest of students at the Faculty of Economics and Social Sciences, Sultan Syarif Kasim State Islamic University, Riau. Data was collected using a questionnaire distributed online using Google Form. A total of 52 respondents participated in this research. The results of this research have passed the validity and reliability tests, the next analysis uses the multiple linear regression method in SPSS version 21. The results of the research show that both simultaneously and partially financial literacy, investment risk have a positive and significant effect on investment interest of students at Faculty of Economics and Social Sciences, State Islamic University of Sultan Syarif Kasim Riau. Financial literacy and investment risk have an influence of 28.7% while the remaining 71.3% is influenced by other variables not studied.
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