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Journal : Jurnal Tana Mana

The Influence of Financial Literacy, Experienced Regret, Framing Effect and Mental Accounting on Millennial Generation Investment Decisions in DKI Jakarta with Risk Tolerance as Intervening Variables Monica Dewi; Hamidah Hamidah; Agung Dharmawan Buchdadi
International Journal on Advanced Science, Education, and Religion Vol 4 No 3 (2021): IJoASER (International Journal on Advanced Science, Education)
Publisher : Sekolah Tinggi Agama Islam Al-Furqan, Makassar - Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (416.446 KB) | DOI: 10.33648/ijoaser.v4i3.155

Abstract

This study discusses financial literacys, experienced regrets, framing effect and mental accounting on investment decisions with risk tolerance as an intervening variable. The number of respondents used in this study was 200 respondents. All respondents are millennials with age 21-40 years old and have a minimum income of IDR 5,000,000, who live in DKI Jakarta. The data in this study were obtained from the results of questionnaires which were then analyzed using SEM PLS analysis techniques with the help of the smartpls program. Based on the results of the analysis in this study the results of financial literacy, experienced regret, framing effects and mental accounting are applied to risk tolerance. The results of the subsequent analysis showed that financial literacy, regrets and framed the effect of influencing on investment decisions, while mental accounting directly cannot influence on investment decisions. The results of the analysis in this study also showed that risk tolerance can mediate the financial literature, experience regret, and the effect of framing on investment returns. Keywords: Financial Literacy, Experienced Regrets, Rraming Efects, Milenial Generation Investment
Effect of Good Corporate Governance, Accounting Conservatism And Size of Company Earnings Management With Managerial Ownership As In Developing Countries Moderating Variables Asean (Indonesia, Malaysia And Thailand) Period 2015-2019 Andriani Andriani; Hamidah Hamidah; Harya Kuncara Wiralaga
International Journal on Advanced Science, Education, and Religion Vol 4 No 4 (2021): International Journal on Advanced Science, Education, and Religion
Publisher : Sekolah Tinggi Agama Islam Al-Furqan, Makassar - Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33648/ijoaser.v5i2.223

Abstract

The study was conducted on 40 manufacturing companies listed on the Stock Exchange (Indonesia, Malaysia and Thailand) for the 2015-2019 period. The research objective was to determine the effect of good corporate governance, accounting conservatism and firm size on earnings management with managerial ownership as a moderating variable.The results of this study indicate that good corporate governance has no significant effect on earnings management, accounting conservatism has a significant effect on earnings management, firm size has a significant effect on earnings management, managerial ownership cannot moderate between good corporate governance and earnings management, managerial ownership cannot moderate conservatism. Accounting for Earnings Management, Managerial Ownership can moderate the size of the company to earnings management in Indonesia, Malaysia and Thailand. Earnings management is a manager's effort in their financial statements where actions are taken by company management with the aim of increasing or decreasing the company's profits in the financial statements.