Faktor Yang Mempengaruhi Keputusan Investasi Generasi Millenial

Authors

  • Dizzy Nindya Priswari UPN “Veteran” Jawa Timur
  • Munari Universitas Pembangunan Nasional “Veteran” Jawa Timur

Keywords:

Millenial generation; Investment decision, Firm image, Education level; gender

Abstract

This study aims to examine the effect of accounting knowledge, company image, gender, and education on investment decisions in the millennial generation. The endogenous variable used is investment decisions. The sample millennial generation, namely individuals born in 1980-2000, totaled 41 respondent. Data were collected using the purposive sampling method, by distributing questionnaires. The data analysis technique used the PLS (Partial Least Square) analysis method with Smart PLS 3.0 software. The results of the study show that investors with the highest level of education are undergraduate 46.3%, dominated by men 65.9%. Accounting knowledge affects investment decisions, company image affects investment decisions, gender does not affect investment decisions, and education does not affect investment decisions. The output of this research improves the knowledge of the millennial generation to invest in the future, as a scientific contribution and becomes a consideration for investors in deciding to invest.

References

Ahmad, S. (2017). Factors Influencing Individual Investors’ Behavior: An Empirical Study of Pakistan

Financial Markets. Journal of Business & Financial Affairs, 06(04). https://doi.org/10.4172/2167-

1000297

Akbar, M., Salman, A., Mughal, K. S., Mehmood, F., Makarevic, N., & Campus, I. (2016). Factors Affecting the Individual Decision Making: a Case Study of Islamabad Stock Exchange. European Journal of Economic Studies, 15, 242–258. https://doi.org/10.13187/es.2016.15.242

Alquraan, T., Alqisie, A., & Al Shorafa, A. (2016). Do Behavioral Finance Factors Influence Stock Investment Decisions of Individual Investors? (Evidences from Saudi Stock Market). American International Journal of Contemporary Research, 6(3), 159–169. www.aijcrnet.com

Awais, M., Fahad Laber, M., Rasheed, N., & Khursheed, A. (2016). 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.

Bianchi, P., & Labory, S. (2018). The fourth industrial revolution, by klaus schwab. World Economic

Forum.

Fachrudin, K. R., & Fachrudin, K. A. (2016). The Influence Of Education And Experience Toward

Investment Decision With Moderated By Financial Literacy. Polish Journal of Management Studies,

(2), 51–60. https://doi.org/10.17512/pjms.2016.14.2.05

Hartono, B., Purnomo, A. S. D., & Andhini, M. M. (2020). Perilaku Investor Saham Individu Dalam Perpektif Teori Mental Accounts. Competence : Journal of Management Studies, 14(2), 173–183. https://doi.org/10.21107/kompetensi.v14i2.8957

Indonesia Millennial Report. (2019). IDN Research Institute, 01, 61. https://www.idntimes.com/indonesiamillennialreport2019

Jamil, S. A., & Khan, K. (2016). Does gender difference impact investment decisions? Evidence from

Oman. International Journal of Economics and Financial Issues, 6(2), 456–460.

Kourtidis, D., Šević, Ž., & Chatzoglou, P. (2011). Investors’ trading activity: A behavioural perspective

and empirical results. Journal of Socio-Economics. https://doi.org/10.1016/j.socec.2011.04.008

Kustodian, P. T., Efek, S., Ksei, I., Dana, C., Rakyat, B., Persero, I., Bri, T., Tabungan, D., Regulatory, S., & Fintech, S. A. (2021). Data Statistik Pertumbuhan Investor ( Single Investor Identification ).

Linawati, E., Mitha, M. I., & Restuti, D. (2015). Pengetahuan Akuntansi Pelaku Usaha Mikro , Kecil

Dan. Jurnal Akuntansi Dan Manajemen, 2(1), 145–149.

Made, N., & Juniariani, R. (2014). Kewirausahaan Pada Penggunaan Informasi Akuntansi. 161–171. Mahastanti, L. A. (2011). Faktor-Faktor Yang Dipertimbangkan Investor Dalam Melakukan Investasi.

Jurnal Manajemen Teori Dan Terapan| Journal of Theory and Applied Management, 4(3), 37–51.

https://doi.org/10.20473/jmtt.v4i3.2424

Munawar, A., Suryana, S., & Nugraha, N. (2020). Pengaruh Literasi Keuangan Dan Faktor Demografi Terhadap Pengambilan Keputusan Berinvestasi. Akuntabilitas, 14(2), 253–268. https://doi.org/10.29259/ja.v14i2.11480

Pengantar Pasar Modal 2020. viewed 28 November 2020. https://www.idx.co.id/investor/pengantar-pasar- modal/

Putri, wilantika W., & Hamidi, M. (2019). Pengaruh literasi keuangan, efikasi keuangan, dan faktor demografi terhadap pengambilan keputusan investasi (studi kasus pada mahasiswa magister manajemen. Jim.Unsyiah.Ac.Id, 4(1), 398–412. http://www.jim.unsyiah.ac.id/EKM/article/view/10703

Putri, R. A., & Yuyun, I. (2020). Faktor-Faktor Yang Mempengarui Keputusan Investasi Pada Investor

Saham Di Surabaya. Jurnal Ilmu Manajemen, 8(1), 197–209.

Rahman, M., & Gan, S. S. (2020). Generation Y investment decision: an analysis using behavioural factors. Managerial Finance, 46(8), 1023–1041. https://doi.org/10.1108/MF-10-2018-0534

Rentz, K. C. (2015). Beyond the generational stereotypes: A study of U.S. generation Y employees in context. In Business Communication Quarterly (Vol. 78, Issue 2). https://doi.org/10.1177/2329490615576183

Rospitadewi, E., & Efferin, S. (2017). Mental Accounting dan Ilusi Kebahagiaan: Memahami Pikiran dan Implikasinya bagi Akuntansi. Jurnal Akuntansi Multiparadigma, 169. https://doi.org/10.18202/jamal.2017.04.7037

Sanu, J. M. K. (2016). Pengambilan Keputusan Investasi di Pasar Modal Berdasarkan Perspektif

Demografi. Jurnal Manajemen Dan Bisnis.

Shah, S. Z. A., Ahmad, M., & Mahmood, F. (2018). Heuristic biases in investment decision-making and perceived market efficiency: A survey at the Pakistan stock exchange. Qualitative Research in Financial Markets, 10(1), 85–110. https://doi.org/10.1108/QRFM-04-2017-0033

Tanusdjaja, H. (2018). Keputusan Investasi Investor Individu Berdasarkan Kompetensi, Overconfidence, Dan Pendidikan. Jurnal Muara Ilmu Ekonomi Dan Bisnis, 2(1), 234. https://doi.org/10.24912/jmieb.v2i1.998

Usmani, S. (2012). Factors Influencing Individual Investor Behavior in Karachi. Internasional Journal of

Asian Social Science, 2(7), 1033–1047.

Downloads

Published

2021-03-20

How to Cite

Dizzy Nindya Priswari, & Munari. (2021). Faktor Yang Mempengaruhi Keputusan Investasi Generasi Millenial. Conference on Economic and Business Innovation (CEBI), 1(1), 452–462. Retrieved from https://jurnal.widyagama.ac.id/index.php/cebi/article/view/126

Issue

Section

Articles Text