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Distribution of Financial Attitude, Financial Behavior, Financial Knowledge and Financial Literacy on the Investment Decision Behavior of Young Investors

The Journal of Distribution Science / The Journal of Distribution Science, (P)1738-3110; (E)2093-7717
2023, v.21 no.11, pp.13-22
Muhtar SAPIRI (Universitas Bosowa Makassar)
Murtiadi AWALUDDIN (Universitas Islam Negeri Alauddin Makassar)
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Abstract

Purpose: To find out distribution of financial attitude, financial behavior, financial knowledge and financial literacy on the investment decision behavior of young investors. Research design, data and methodology: The population in this study are young investors aged 18-25 years. The population in this study were all young investors aged 18-25 years. The sample size was 110 people which was determined using the minimum sample method. The analytical tool used in this research is multiple linear regression analysis. Results: Distribution of financial attitude, financial behavior, financial knowledge and financial literacy have a positive and significant effect both simultaneously and partially on the investment decision behavior of young investors. Conclusions: Young investors with a positive attitude tend to take higher investment risks and are more motivated for long-term investments. Good financial behavior, such as budget management and savings, contributes to smart investment decisions. Good financial knowledge and literacy helps young investors recognize potential investment opportunities and mitigate risks.

keywords
Distribution, Financial Attitude, Financial Behavior, Financial Knowledge, Financial Literacy and Investment Decision

The Journal of Distribution Science