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ED Radianto, W., Lianoto, Y., Christian Efrata, T., & Dewi, L. (2020). The Role of Financial Literacy, Gender, Education, and Ethnicity towards Investment Decisions. KnE Social Sciences, 4(3), 199–211. https://doi.org/10.18502/kss.v4i3.6401

https://doi.org/10.18502/kss.v4i3.6401

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authors

  • Wirawan ED Radianto

    Wirawan ED Radianto

    Department of Accounting, Universitas Ciputra Surabaya, Indonesia
  • Yosefa Lianoto

    Yosefa Lianoto

    Department of Accounting, Universitas Ciputra Surabaya, Indonesia
  • Tommy Christian Efrata

    Tommy Christian Efrata

    Department of Management, Universitas Ciputra Surabaya, Indonesia
  • Liliana Dewi

    Liliana Dewi

    Department of Management, Universitas Ciputra Surabaya, Indonesia

Published Date

  • Feb 6, 2020

The Role of Financial Literacy, Gender, Education, and Ethnicity towards Investment Decisions

KnE Social Sciences / The 6th International Conference on Entrepreneurship (ICOEN) 2019 / Pages 199–211

Abstract

The awareness and desire to allocate funds to meet future needs have caused many employees to start investing. The purpose of this study is to investigate the influence of the level of financial literacy and demographic factors on employee investment decisions. This study uses multiple linear regression analysis models to analyze data. The population in this study is employees with the criteria of having an investment instrument, either real or financial asset investments. The results of this study indicate that only the level of financial literacy partially influences investment decisions while gender, education, and ethnicity do not affect employee investment decisions.


Keywords: Financial Literacy; Gender; Education; Ethnicity; Investment Decisions

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