The Effect of the Locus of Control, Financial Knowledge and Income on Investment Decisions

被引:0
|
作者
Rasyid, Rosyeni [1 ]
Linda, Muthia Roza [1 ]
Patrisia, Dina [1 ]
Fitra, Halkadri [1 ]
Susanti, Yuliza [2 ]
机构
[1] Univ Negeri Padang, Fac Econ, Dept Management, Padang, Indonesia
[2] Univ Negeri Padang, Fac Econ, Padang, Indonesia
来源
PROCEEDINGS OF THE FIRST PADANG INTERNATIONAL CONFERENCE ON ECONOMICS EDUCATION, ECONOMICS, BUSINESS AND MANAGEMENT, ACCOUNTING AND ENTREPRENEURSHIP (PICEEBA 2018) | 2018年 / 57卷
关键词
Investment Decision; Locus of Control; Financial Knowledge; Income;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The objectives of this study are to analyze: 1) the effect of locus of control on investment decisions; 2) the effect of financial knowledge on investment decisions; 3) the effect of income on investment decisions. The population of this research is all employees of PT. Pertamina (Persero) of Padang branch, which amounted to 68 people, with a total sample of 43 people. The sample is the employee who conducts investment activities. Data were obtained through the distribution of questionnaires. It was then it analyzed with multiple linear regression analysis using SPSS Software version 24.0. The results indicate that: 1) locus of control has a significant effect on investment decision; 2) financial knowledge has a significant effect on investment decision, and 3) income has a significant effect on investment decision. The locus of control, financial knowledge, and income affect 57.5% of employee's investment decisions; the remaining 42.5% is affected by other factors. Out of the three variables studied, financial knowledge is the most dominant variable in affecting investment decisions.
引用
收藏
页码:258 / 265
页数:8
相关论文
共 50 条
  • [41] Mediating Effect of Financial Behaviour on the Relationship Between Perceived Financial Wellbeing and Its Factors Among Low-Income Young Adults in Malaysia
    Sabri, Mohamad Fazli
    Wahab, Rozita
    Mahdzan, Nurul Shahnaz
    Magli, Amirah Shazana
    Abd Rahim, Husniyah
    FRONTIERS IN PSYCHOLOGY, 2022, 13
  • [42] The Effect of Corporate Taxation on Investment and Financial Policy: Evidence from the DPAD
    Ohrn, Eric
    AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY, 2018, 10 (02) : 272 - 301
  • [43] The impact of intellectual capital and market capitalization on corporate investment decisions: exploring the mediating and moderating effect of knowledge sharing and the COVID-19 pandemic
    Minh, To Thi Nhat
    Nguyen, Phan Dinh
    JOURNAL OF INTELLECTUAL CAPITAL, 2024, 25 (5/6) : 1237 - 1258
  • [44] Finances and Fate: Parent Financial Socialization, Locus of Control, and Mental Health in Emerging Adulthood
    LeBaron-Black, Ashley B.
    Li, Xiaomin
    Okamoto, Rachel M.
    Saxey, Matthew T.
    Driggs, Toby M.
    EMERGING ADULTHOOD, 2022, 10 (06) : 1484 - 1496
  • [45] The effect of locus of control on attitudes towards depression and schizophrenia
    Oezmen, Erol
    Oezmen, Dilek
    Deveci, Artuner
    Taskin, E. Oryal
    ANADOLU PSIKIYATRI DERGISI-ANATOLIAN JOURNAL OF PSYCHIATRY, 2008, 9 (03): : 125 - 131
  • [46] The asymmetric effect of green investment, natural resources, and growth on financial inclusion in China
    Pang, Deliang
    Li, Kuangzhe
    Wang, Gang
    Ajaz, Tahseen
    RESOURCES POLICY, 2022, 78
  • [47] Effect of green financial reform and innovation pilot zones on corporate investment efficiency
    Yan, Cheng
    Mao, Zhicheng
    Ho, Kung-Cheng
    ENERGY ECONOMICS, 2022, 113
  • [48] The effect of control priming on irresponsible financial behavior
    El Hazzouri, Mohammed
    Main, Kelley J.
    MARKETING LETTERS, 2018, 29 (02) : 207 - 223
  • [49] Do weather patterns effect investment decisions in the stock market? A South Asian perspective
    Emon Kalyan Chowdhury
    Journal of Asset Management, 2024, 25 (2) : 162 - 171
  • [50] The effect of trustworthiness impressions on individual investment decisions from the perspective of information source monitoring
    Mao, Yinhai
    Di, Xueqin
    Han, Xue
    PERSONALITY AND INDIVIDUAL DIFFERENCES, 2024, 231