International Conference on Health Science, Green Economics, Educational Review and Technology (IHERT)
Vol. 5 No. 2 (2023): IHERT (2023) SECOND ISSUE: International Conference on Health Science, Green Ec

THE INFLUENCE OF FINANCIAL LITERACY, INVESTMENT KNOWLEDGE AND INVESTMENT MOTIVATION ON STUDENT INVESTMENT INTEREST IN LHOKSEUMAWE CITY

Sumi Amelya Harahap (Unknown)
Rico Nur Ilham (Unknown)
Ristati (Unknown)
Muttaqien (Unknown)



Article Info

Publish Date
30 Dec 2023

Abstract

This study aims to determine whether financial literacy, investment knowledge and investment motivation affect student investment interest in Lhokseumawe City. The data used in this study are primary data where the data is obtained by distributing questionnaires to students in Lhokseumawe City. The sampling technique used is purposive sampling with non probability sampling method. The number of respondents used as samples in this study was 100 people using the Lameshow formula. The data were analyzed using the partial least square method using SmartPLS 4.0 software. The results of this study indicate that financial literacy has a positive and significant effect on student investment interest in Lhokseumawe City with an original sample value of 0.474 and a P value of 0.000, investment knowledge has a positive but insignificant effect on student investment interest in Lhokseumawe City with an original sample value of 0.165 and a P value of 0.111 and investment motivation has a positive and significant effect on student investment interest in Lhokseumawe City with an original sample value of 0.334 and a P value of 0.001. This shows that financial literacy and investment motivation are very important for every student in Lhokseumawe City to increase their investment interest. Meanwhile, investment knowledge, high or low, has no effect on student investment interest in Lhokseumawe City.

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Journal Info

Abbrev

IHERT

Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance Education Health Professions

Description

International Conference on Health Science, Green Economics, Educational Review and Technology is an annual routine conference held by Efarina University as a forum for scientists around the world to make scientific contributions in the fields of Health Science, Green Economics, Educational Review ...