Proceedings of the International Conference on Business, Management, Accounting and Sustainable Economy (ICBMASE 2023)

A Systematic Literature Review on Trends in Financial Behavior Research among the Indonesian Millennial Generation

Authors
Adam Nurkholik1, *
1National University, Jakarta, Indonesia
*Corresponding author.
Corresponding Author
Adam Nurkholik
Available Online 2 May 2024.
DOI
10.2991/978-94-6463-394-8_12How to use a DOI?
Keywords
Financial behavior; millennial generation; Indonesia; systematic literature review
Abstract

Increasing effective financial behavior is the main goal that must be achieved for the millennial generation in Indonesia. This study aims to investigate important information from various studies discussing the financial behavior of the millennial generation in Indonesia. This study uses a systematic literature review of the contents of several studies from the Scopus and Google Scholar databases from 2017 to Mid-2023, which highlight the financial behavior of the millennial generation in Indonesia. This study reveals that the type of research most frequently conducted is peer-reviewed articles and is dominated by national-level research. The identified keywords for the millennial young generation in Indonesia still need to be researched because the circle shape looks small on bibliographic mapping. In the last six years, the amount of research on the financial behavior of the millennial generation in Indonesia has increased. Among the dozens of studies, the most favorite research design is quantitative. Apart from that, financial management behavior and investment are the most dominant topic areas as a research focus. In connection with the findings of this study, several recommendations have been put forward for future research that pays attention to financial behavior, especially for the millennial generation in Indonesia, as the main focus. Some of these recommendations include actively increasing the number of international research publications and enriching the variety of research designs with more diverse topic areas.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Business, Management, Accounting and Sustainable Economy (ICBMASE 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
2 May 2024
ISBN
978-94-6463-394-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-394-8_12How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Adam Nurkholik
PY  - 2024
DA  - 2024/05/02
TI  - A Systematic Literature Review on Trends in Financial Behavior Research among the Indonesian Millennial Generation
BT  - Proceedings of the International Conference on Business, Management, Accounting and Sustainable Economy (ICBMASE 2023)
PB  - Atlantis Press
SP  - 115
EP  - 131
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-394-8_12
DO  - 10.2991/978-94-6463-394-8_12
ID  - Nurkholik2024
ER  -