Peer Review-Can Financial Knowledge, Attitude And Experience Drive Investors' Financial Behavior

Hirdinis M, Hirdinis M and Lestari, Elly Peer Review-Can Financial Knowledge, Attitude And Experience Drive Investors' Financial Behavior. iosrjournals.org.

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Official URL: https://www.iosrjournals.org/iosr-jef/papers/Vol12...

Abstract

Background: A person who has responsibility for financial behavior will use money effectively by budgeting, saving money and controlling expenses, making investments and paying debts on time. The purpose of this study is to analyze whether knowledge, attitudes, and experience in finance encourage the financial behavior of investors in the Jakarta area during the COVID-19 pandemic. Materials and Methods: This study used a proportional random sampling technique which was conducted on 100 samples from 408,728 populations of investors in the Jakarta area. Methods of data analysis in this study using Partial Least Square with SmartPLS version 3.0. The implication is that investors can improve financial behavior and need to realize that the ability to act and make decisions in finance is very important to manage finances better. Results: The findings of this study are financial knowledge has a positive and significant effect on financial behavior. Financial attitude has a positive and significant effect on financial behavior. Financial experience has a positive and significant effect on financial behavior. Conclusion: The increasing financial knowledge, financial attitude and financial experience of a person, it can drive better financial behavior

Item Type: Other
Subjects: I Ilmu Sosial > HB Teori Ekonomi
Depositing User: Elly Lestari
Date Deposited: 12 Sep 2022 01:46
Last Modified: 12 Sep 2022 01:46
URI: http://repository.unitri.ac.id/id/eprint/2725

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