Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi

Data of Otoritas Jasa Keuangan (OJK) result that the number of Single Investor Identification (SID) in Indonesia has increased from 2019 to May 2022. Most of these SID investors come from millennials who were born from 1980 to 2000. Investors in Bali SID also experienced an increase, especially in D...

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Main Authors: Desak Putu Suciwati, Shaskia Roja Marwa, Jeni Susanti
Format: Article
Language:Indonesian
Published: Politeknik Negeri Bali 2024-07-01
Series:Jurnal Bisnis dan Kewirausahaan
Subjects:
Online Access:https://ojs2.pnb.ac.id/index.php/JBK/article/view/1886/901
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author Desak Putu Suciwati
Shaskia Roja Marwa
Jeni Susanti
author_facet Desak Putu Suciwati
Shaskia Roja Marwa
Jeni Susanti
author_sort Desak Putu Suciwati
collection DOAJ
description Data of Otoritas Jasa Keuangan (OJK) result that the number of Single Investor Identification (SID) in Indonesia has increased from 2019 to May 2022. Most of these SID investors come from millennials who were born from 1980 to 2000. Investors in Bali SID also experienced an increase, especially in Denpasar City and Badung Regency. The aim of the research is to analyze the relationship between investor of financial literacy, investor knowledge, risk tolerance and regret aversion bias with stock investment decisions in Bali. The sampling technique uses the Slovin formula to obtain a minimum sample size. The data source was obtained from primary data by distributing a 5 Likert scale questionnaire to respondents via Google Form to BNI Securities and Mandiri Securities. Based on the research sample criteria, 129 research samples were obtained. Partial Least Square (PLS) - Structural Equation Modeling (SEM) is used for data analysis. The results are 1) investor financial literacy is significantly positively related to investment decisions, which means hypothesis 1 is accepted, 2) investor knowledge is significantly positively related to investment decisions, which means hypothesis 2 is accepted, 3) investor risk tolerance is significantly positively related to investment decisions so that Hypothesis 3 is accepted, 4) investor regret aversion bias is significantly positively related to investment decisions, which means hypothesis 4 is accepted.
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id doaj-art-84a0268b22eb475eab56484dbdcdc9e1
institution Kabale University
issn 0216-9843
2580-5614
language Indonesian
publishDate 2024-07-01
publisher Politeknik Negeri Bali
record_format Article
series Jurnal Bisnis dan Kewirausahaan
spelling doaj-art-84a0268b22eb475eab56484dbdcdc9e12025-01-20T05:23:12ZindPoliteknik Negeri BaliJurnal Bisnis dan Kewirausahaan0216-98432580-56142024-07-0120211412210.31940/jbk.v20i2.114-122Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan InvestasiDesak Putu Suciwati0Shaskia Roja Marwa1Jeni Susanti2Jurusan Akuntansi, Politeknik Negeri Bali, IndonesiaJurusan Akuntansi, Politeknik Negeri Bali, IndonesiaJurusan Akuntansi, Politeknik Negeri Bali, IndonesiaData of Otoritas Jasa Keuangan (OJK) result that the number of Single Investor Identification (SID) in Indonesia has increased from 2019 to May 2022. Most of these SID investors come from millennials who were born from 1980 to 2000. Investors in Bali SID also experienced an increase, especially in Denpasar City and Badung Regency. The aim of the research is to analyze the relationship between investor of financial literacy, investor knowledge, risk tolerance and regret aversion bias with stock investment decisions in Bali. The sampling technique uses the Slovin formula to obtain a minimum sample size. The data source was obtained from primary data by distributing a 5 Likert scale questionnaire to respondents via Google Form to BNI Securities and Mandiri Securities. Based on the research sample criteria, 129 research samples were obtained. Partial Least Square (PLS) - Structural Equation Modeling (SEM) is used for data analysis. The results are 1) investor financial literacy is significantly positively related to investment decisions, which means hypothesis 1 is accepted, 2) investor knowledge is significantly positively related to investment decisions, which means hypothesis 2 is accepted, 3) investor risk tolerance is significantly positively related to investment decisions so that Hypothesis 3 is accepted, 4) investor regret aversion bias is significantly positively related to investment decisions, which means hypothesis 4 is accepted.https://ojs2.pnb.ac.id/index.php/JBK/article/view/1886/901financial literacyinvestment knowledgeinvestment decisionsrisk tolerance
spellingShingle Desak Putu Suciwati
Shaskia Roja Marwa
Jeni Susanti
Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi
Jurnal Bisnis dan Kewirausahaan
financial literacy
investment knowledge
investment decisions
risk tolerance
title Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi
title_full Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi
title_fullStr Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi
title_full_unstemmed Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi
title_short Analisis Hubungan Literasi Keuangan Investor, Pengetahuan Investor, Risk Tolerance Investor Dan Regret Aversion Bias Investor Dengan Keputusan Investasi
title_sort analisis hubungan literasi keuangan investor pengetahuan investor risk tolerance investor dan regret aversion bias investor dengan keputusan investasi
topic financial literacy
investment knowledge
investment decisions
risk tolerance
url https://ojs2.pnb.ac.id/index.php/JBK/article/view/1886/901
work_keys_str_mv AT desakputusuciwati analisishubunganliterasikeuanganinvestorpengetahuaninvestorrisktoleranceinvestordanregretaversionbiasinvestordengankeputusaninvestasi
AT shaskiarojamarwa analisishubunganliterasikeuanganinvestorpengetahuaninvestorrisktoleranceinvestordanregretaversionbiasinvestordengankeputusaninvestasi
AT jenisusanti analisishubunganliterasikeuanganinvestorpengetahuaninvestorrisktoleranceinvestordanregretaversionbiasinvestordengankeputusaninvestasi