Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi
Vol 19, No 1 (2024): March

Unsystematic Risk Management Based on Financial Literacy as a Supporting Factor in Investment Decisions

Riawan Riawan (Universitas Muhammadiyah Ponorogo)
Wahna Widhianingrum (Universitas Muhammadiyah Ponorogo)
Wijianto Wijianto (Universitas Muhammadiyah Ponorogo)



Article Info

Publish Date
15 Mar 2024

Abstract

This research examines financial literacy's influence on investment decisions through unsystematic risk management. The data source used in this research is primary data obtained through a questionnaire. The sampling technique used was purposive sampling, using sample criteria to enter as a research sample. This research involved 88 respondents as research samples. The analytical tool used to carry out statistical tests is SmartPLS. This study found that financial literacy and unsystematic risk management simultaneously had a significant positive effect on investment decisions. Unsystematic risk management has a significant positive effect on investment decisions. Furthermore, unsystematic risk management can mediate the relationship between financial literacy and investment decisions. This study highlights investor behavior in making investment decisions using the theory of planned behavior approach.

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Journal Info

Abbrev

ekuilibrium

Publisher

Subject

Economics, Econometrics & Finance

Description

Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi is a journal published by the Economic Faculty, Universitas Muhammadiyah Ponorogo (Unmuh Ponorogo) in collaboration with Universitas Muhammadiyah Ponorogo Research and Community Service. Published twice a year (March and September), contains six to ten ...