The Influence of Financial Literacy on Investment Decisions During the Pandemic

Linzzy Pratami Putri, Irma Christiana, Umi Kalsum, Widya Widya, Meyyara Justianti

Abstract


This study aims to determine the effect of financial literacy on investment decisions during the pandemic. The object of this research is the students of the Faculty of Economics and Business, Universitas Muhammadiyah Sumatera Utara by using the Slovin formula in taking the sample. The test is carried out by simple linear regression where the classical assumptions have been tested previously. The results showed that there was a significant influence of financial literacy on investment decisions. The pandemic has made everyone, including students, start investing for future needs. Students are advised to continue to improve their financial literacy for the better. With increasing financial literacy, financial management will also be better and lead to investment.


Full Text:

PDF

References


Andriani, D. (2020). Literasi Keuangan Kaum Milenial Masih Rendah, Ini Cara Memulai Investasi.

Astuti, R., Tanjung, H., & Putri, L. P. (2019). The Effect of Financial Literation on Online Shopping Interest in Millennials. International Journal of Accounting & Finance in Asia Pasific (IJAFAP), 2(3), 41–45.

Awais, M., Laber, M. F., Nilofer, R., & Khrusheed Aisha. (2016). International Journal of Economics and Financial Issues Impact of Financial Literacy and Investment Experience on Risk Tolerance and Investment Decisions: Empirical Evidence from Pakistan. International Journal of Economics and Financial Issues, 6(1), 73–79. Retrieved from http:www.econjournals.com

BPS: Penduduk Indonesia didominasi generasi Z dan Milenial. (2021).

Gustika, GS., Hasanah, Y. (2021). Pengaruh Literasi Keuangan Terhadap Keputusan Investasi Mahasiswa STIE Indragiri Rengat. Jurnal Manajemen Dan Sains, 6(261–269).

Hartono, J. (2009). Teori Portofolio dan Analisis Investasi (6th ed.). Yogyakarta: BPFE Universitas Gajah Mada Yogyakarta.

Hilgert, M., Hogarth, J., & Beverly, S. (2003). Household Financial Management The Connection Between Knowledge and Behavior. Federal Reserve Bulletin, (Juli), 309–322.

Huston, S. J. (2010). Measuring Financial Literacy. The Journal of Consumer Affairs, 44(2), 296–317.

Kiruba, A. S. (2021). Determinants in Investment Behaviour During The COVID-19 Pandemic. 13, 71–84.

Lusardi, A., & Mitchelli, O. (2007). Financial literacy and retirement preparedness: Evidence and implications for financial education. Business Economics, 42(1), 35–44. https://doi.org/10.2145/20070104

Maria Elena. (2020). LPS Catat Kemampuan Menabung Masyarakat Menurun.

Muhammad Idris. (2021). Generasi Z dan Milenial Dominasi Jumlah Penduduk Indonesia.

Mukharom, M., & Aravik, H. (2020). Kebijakan Nabi Muhammad Saw Menangani Wabah Penyakit Menular dan Implementasinya dalam Konteks Penanggulangan Coronavirus Covid-19. SALAM: Jurnal Sosial Dan Budaya Syar-I, 7(3). https://doi.org/https://doi.org/10.15408/sjsbs.v7i3.15096

Palameta, B., & et. al. (2016). The link between financial confidence and financial outcomes among working-aged Canadians. The Social Research and Demonstration Corporation (SRDC).

Pandin, M. Y. R., Ratnawati, T., & Yuhertiana, I. (2021). The Influence of Financial Structure, Financial Literacy and Financial Behavior on Household Financial Resilience Using Financial Inclusion and Financial Decision as Interverning Variables on Cancer Survivor s Household in East Java During Covid-19 Pandem. IJEBD (International Journal of Entrepreneurship and Business Development), 04(01), 80–90.

Paranita, E. S., & Agustinus, M. (2021). The Influence of Investment Motivation and Financial Literacy on Interest in Investing During the COVID-19 Pandemic. Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020), 169(Icobame 2020), 299–303. https://doi.org/10.2991/aebmr.k.210311.059

Putri, L. P., Christiana, I., Pulungan, D. R., & Ardila, I. (2019). Investment Literation Improvement for Preparation of Investments for Young Investors. International Journal of Accounting & Finance in Asia Pasific, 2(3), 32–40. https://doi.org/10.1017/CBO9781107415324.004

Rikziana, Y. P., & K. (2017). Analisis Tingkay Financial Literacy dan Financial Behavior Mahasiswa S-1 Fakultas Ekonomi Universitas Islam Indonesia. E - Journal Universitas Janabadra, 7(1), 76–99.

Tandelilin, E. (2010). Portofolio dan Investasi Teori dan Aplikasi (1st ed.). Yogyakarta: Kanisius.

Upadana, I. W. Y. A., & Herawati, N. T. (2020). Pengaruh Literasi Keuangan dan Perilaku Keuangan terhadap Keputusan Investasi Mahasiswa. Jurnal Ilmiah Akuntansi Dan Humanika, 10(2), 126. https://doi.org/10.23887/jiah.v10i2.25574




DOI: https://doi.org/10.32535/jicp.v4i2.1253

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Linzzy Pratami Putri, Irma Christiana, Umi Kalsum, Widya Widya, Meyyara Justianti

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Flag Counter

Published by:

AIBPM Publisher

Editorial Office:

JL. Kahuripan No. 9 Hotel Sahid Montana, Malang, Indonesia
Phone:+62 341 366222
Email: journal.jicp@gmail.com
Website:http://ejournal.aibpmjournals.com/index.php/JICP

Supported by: Association of International Business & Professional Management

If you are interested to get the journal subscription you can contact us at admin@aibpm.org.

ISSN 2622-0989 (Print)
ISSN 2621-993X (Online)

DOI:Prefix 10.32535 by CrossREF

Journal of International Conference Proceedings (JICP) INDEXED:

 

In Process


This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.