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The Effect of Financial Literacy, Herding Behaviour and Overconfidence on Investment Decisions in the Millennial Generation
2022
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Path of Science: International Electronic Scientific Journal
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Abstract:

This study aims to examine and analyze the influence of financial literacy, herding behaviour, and overconfidence on the investment decisions of the millennial generation in Mataram. A total of 100 millennial investors in Mataram City became respondents in this study. Structural Equation Modeling using intelligent PLS software was used in this study to analyze the data. The study's results prove that financial literacy and overconfidence have a positive and significant effect on the investment decisions of the millennial generation.

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2022
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2022
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Path of Science: International Electronic Scientific Journal

Field :   Filoloji; Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Article : 851
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Path of Science: International Electronic Scientific Journal