The Role of Financial Literacy, Gender, Education, and Ethnicity towards Investment Decisions
Date
2021Author
Dwi Radianto, Wirawan Endro
Lianoto, Yosefa
Efrata, Tommy C.
Dewi, Liliana
Metadata
Show full item recordAbstract
The awareness and desire to allocate funds to meet future needs have caused many
employees to start investing. The purpose of this study is to investigate the influence
of the level of financial literacy and demographic factors on employee investment
decisions. This study uses multiple linear regression analysis models to analyze data.
The population in this study is employees with the criteria of having an investment
instrument, either real or financial asset investments. The results of this study indicate
that only the level of financial literacy partially influences investment decisions while
gender, education, and ethnicity do not affect employee investment decisions.