The Effect Of Financial Literacy On Syariah Stock Investment Decisions Mediated By Financial Behavior In Young Investors Of The Millennial Generation And Generation Z In Jombang

Beni Sucipto, Irea Arrahima, Nurianah Nurianah

Abstract


This research is motivated by the fact that there are still young investors from the millennial generation and generation z who have a less than optimal level of investment decisions. The purpose of this study is to determine the application of financial literacy and income can have an impact on increasing the ability to make stock investment decisions through financial behavior. The sample in this study were 85 young investors of the millennial generation and generation z in Jombang Regency in 2025 with a total sampling or census technique. This research instrument uses a questionnaire and is analyzed using path analysis with Warp PLS 8.0. The results of this study indicate that the increase in stock investment decision-making ability is not caused by financial literacy but must be through the formation of good financial behavior. This research will contribute to young stock investors in making decisions to allocate their funds to be invested in stock instruments that can provide future benefits.

Keywords


Financial Literacy, Financial Behavior, Investment Decision

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References


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DOI: https://doi.org/10.17509/ijdb.v5i4.97044

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