The Effect of Financial Knowledge, Financial Experience, and Locus of Control Towards Investment Decision of Non-Depository Investors

DOI

10.2991/assehr.k.220404.120How to use a DOI?

Keywords

Financial Knowledge; Financial Experience; Locus of Control; Investment Decision

Abstract

The purpose of this study was to verify the theory about the relationship between independent variables, Financial Knowledge, Financial Experience, and Locus of Control toward the dependent variable Investment Decision. Problem-solving uses the Theory of Planned Behavior approach. The subject of research was investors in a series of non-depository throughout Indonesia. We used primary data, which was obtained by distributing online questionnaires. The results of data collection obtained 420 respondents. Analysis of the data used is SEM-path Analysis. Analysis using software of Smart-PLS Version 3.0 Pro. Statistical analysis is done by testing the outer and inner models. The research findings proved that Financial Knowledge, Financial Experience, and Locus of Control positively affect investment decisions. The implications of this finding prove that the Theory of Planned Behavior approach is appropriate to explain the relationship between research variables which is in accordance with the existing hypothesis.

Copyright

© 2022 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Agus Zainul Arifin
AU  - Indra Widjaya
PY  - 2022
DA  - 2022/04/21
TI  - The Effect of Financial Knowledge, Financial Experience, and Locus of Control Towards Investment Decision of Non-Depository Investors
BT  - Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)
PB  - Atlantis Press
SP  - 761
EP  - 766
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220404.120
DO  - 10.2991/assehr.k.220404.120
ID  - Arifin2022
ER  -