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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Format: | Article |
Language: | English |
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University of Brawijaya
2025-01-01
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Series: | Profit: Jurnal Administrasi Bisnis |
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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. |
format | Article |
id | doaj-art-be30be95f8e14203bd7d1a512410b3fe |
institution | Kabale University |
issn | 1978-743X 2338-4654 |
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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