Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
September 5, 2025Journal of Management and Business ReviewOpen Access

Investor Risk Behavior as a Mediator in the Influence of Financial Literacy on Millennial Investment Decisions: Evidence from Makassar, Indonesia

View Full Paper
Ask AI
Bookmark
Share

Authors

CMClaudio Julio MonganJHJohannes Baptista HalikKLKristian Hoegh Pride Lambe

Discussion

Loading...

Member takes

Overview

Quantitative analysis explores how financial literacy influences investments in millennials, highlighting the role of risk behavior.

Key Points

  • Financial literacy alone does not directly affect millennial investment decisions, suggesting other factors are involved.
  • Investor risk behavior significantly mediates the relationship between financial literacy and investment choices.
  • Data were analyzed using structural equation modeling-partial least squares, enabling a nuanced understanding of these interactions.
  • The study emphasizes the importance of combining financial knowledge with risk tolerance to enhance investment decisions.

Cite This Study

Mongan et al. (2025) studied this question.

synapsesocial.com/papers/68c23965b210217d6477b269https://doi.org/10.34149/jmbr.v22i2.820
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1FINANCIAL LITERACY, RISK TOLERANCE, AND INVESTMENT DECISIONS: EVIDENCE FROM YOUNG UNIVERSITY INVESTORS IN INDONESIA2025
  2. 2The Impact of Financial Literacy, Invesment Decision-Making, Risk Tolerance, and Behavioral Biases on Individual Invesment Performance2025 · 1 citations
  3. 3The Role of Capital Market Literacy in Mediating the Effect of Social Media and Financial Motivation on the Behavior of Young Investors in Indonesia2025 · 1 citations
  4. 4Financial literacy as moderation between overconfidence, loss aversion, fear of missing out, and investment decision2025 · 1 citations
  5. 5Understanding Investor Behavior: The Impact of Risk Perception, Financial Stress, and Literacy on Investment Decisions2025 · 1 citations