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The Effect of Financial Literacy, Financial Risk Tolerance, and Financial Socialization Agents on Stock Investment Decision in the Millennial Generation

Anastasia, Njo and Basana, Sautma Ronni (2021) The Effect of Financial Literacy, Financial Risk Tolerance, and Financial Socialization Agents on Stock Investment Decision in the Millennial Generation. [UNSPECIFIED]

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      Abstract

      This study aims to determine financial literacy, financial risk tolerance, and financial socialization agents� effect/influence on stock investment decisions in the millennial generation. The research was conducted by distributing questionnaires to 400 millennial generation stock investors in Indonesia. The data analysis method by Structural Equation Modeling (SEM) using the SmartPLS 3.2.7 program. The results show that financial literacy has a significant effect on investment decisions. Financial risk tolerance has a significant effect on investment decisions; meanwhile, financial socialization agents do not significantly affect investment decisions.

      Item Type: UNSPECIFIED
      Uncontrolled Keywords: Financial Literacy; Financial Risk Tolerance; Financial Socialization Agents; Investment Decision
      Subjects: H Social Sciences > HG Finance
      Divisions: Faculty of Economic > Finance Management Program
      Depositing User: Admin
      Date Deposited: 15 Jul 2021 02:10
      Last Modified: 13 Apr 2023 11:21
      URI: https://repository.petra.ac.id/id/eprint/19142

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