Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision

The urge for investment has increased these past ten years. The rise of investment awareness is side by side with Indonesia’s financial literacy awareness in 2019. After the pandemic, people became more aware of saving and investing. On the other hand, investment preferences have become a particula...

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Main Authors: Sinta Carolina, Mohammad Iqbal, Ari Darmawan
Format: Article
Language:English
Published: University of Brawijaya 2025-01-01
Series:Profit: Jurnal Administrasi Bisnis
Subjects:
Online Access:https://profit.ub.ac.id/index.php/profit/article/view/2806
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author Sinta Carolina
Mohammad Iqbal
Ari Darmawan
author_facet Sinta Carolina
Mohammad Iqbal
Ari Darmawan
author_sort Sinta Carolina
collection DOAJ
description The urge for investment has increased these past ten years. The rise of investment awareness is side by side with Indonesia’s financial literacy awareness in 2019. After the pandemic, people became more aware of saving and investing. On the other hand, investment preferences have become a particular topic. Several factors could affect investment preferences, such as trust and firm reputation. Based on this condition, this research aims to understand how financial literacy, trust, and firm reputation affect individual investment behaviour based on previous studies. Through the Systematic Literature Review (SLR) method and PRISMA protocol, this research used 49 articles from Google Scholar and Science Direct. Results show that financial literacy and trust affect investment decisions. Reputation has a slightly different effect and indirect correlation on individual investing behaviour. This research provides recommendations for future studies concerned with the topic and method.
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institution Kabale University
issn 1978-743X
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language English
publishDate 2025-01-01
publisher University of Brawijaya
record_format Article
series Profit: Jurnal Administrasi Bisnis
spelling doaj-art-be30be95f8e14203bd7d1a512410b3fe2025-02-06T02:36:37ZengUniversity of BrawijayaProfit: Jurnal Administrasi Bisnis1978-743X2338-46542025-01-01191102118https://doi.org/10.21776/ub.profit.2025.019.01.7Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision Sinta Carolina 0Mohammad Iqbal 1Ari Darmawan 2Brawijaya University Brawijaya UniversityBrawijaya UniversityThe urge for investment has increased these past ten years. The rise of investment awareness is side by side with Indonesia’s financial literacy awareness in 2019. After the pandemic, people became more aware of saving and investing. On the other hand, investment preferences have become a particular topic. Several factors could affect investment preferences, such as trust and firm reputation. Based on this condition, this research aims to understand how financial literacy, trust, and firm reputation affect individual investment behaviour based on previous studies. Through the Systematic Literature Review (SLR) method and PRISMA protocol, this research used 49 articles from Google Scholar and Science Direct. Results show that financial literacy and trust affect investment decisions. Reputation has a slightly different effect and indirect correlation on individual investing behaviour. This research provides recommendations for future studies concerned with the topic and method.https://profit.ub.ac.id/index.php/profit/article/view/2806financial literacy; trust; firm reputation; investment
spellingShingle Sinta Carolina
Mohammad Iqbal
Ari Darmawan
Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision
Profit: Jurnal Administrasi Bisnis
financial literacy; trust; firm reputation; investment
title Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision
title_full Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision
title_fullStr Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision
title_full_unstemmed Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision
title_short Systematic Literature Review: How Financial Literacy, Trust and Firm Reputation Affect Investment Decision
title_sort systematic literature review how financial literacy trust and firm reputation affect investment decision
topic financial literacy; trust; firm reputation; investment
url https://profit.ub.ac.id/index.php/profit/article/view/2806
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AT aridarmawan systematicliteraturereviewhowfinancialliteracytrustandfirmreputationaffectinvestmentdecision