The Influence of Financial Literacy, Motivation and Herding on Investment Decisions at Investment Gallery IDX
Keywords:
Financial Literacy, Motivation, Herding and Investment DecisionAbstract
Abstrak
Research aims : To determine the influence of financial literacy, motivation and herding on investment decisions at Investment Gallery IDX
Design/Methodology/Approach: Primary data obtained from questionnaires, as well as secondary data obtained from the Financial Services Authority are combined to answer the reseach objective. This research consists of 120 sample respondents. The sampling method used was purposive sampling, and analyzed using the SPSS 26 application
Theoretical Contribution/Originality : Investment decision-making refers to several theories and must be integrated with overall management theories, including herding theory and motivation so that the returns obtained from investment results will be effective.
Research Findings: The results of this research show that financial literacy, motivation and herding have a positive and significant effect on investment decisions at GI (Investment Gallery) BEI FEIS Sultan Syarif Kasim State Islamic University Riau
Practical/Policy/Social: In investing, financial literacy is very important for students so that students start learning to use their money and know the benefits of investing forthefuture.
Research Limtations/Implications : This study has a weakness, namely that in the results of this study all the independent variables have a verylow influene on dependent variables. It is hoped that research on investment decisions can reconsider the determination of variables
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