Pengaruh Financial Literacy, Overconfidence dan Herding Behaviour Terhadap Keputusan Investasi

Authors

  • Dinatonia Jovery Matruty Universitas Pattimura, Ambon, Maluku, Indonesia
  • Lilian Sonya Loppies Universitas Pattimura, Ambon, Maluku, Indonesia
  • Hasmia Melati Arifin Universitas Pattimura, Ambon, Maluku, Indonesia

DOI:

https://doi.org/10.51135/PublicPolicy.v5.i1.p483-502

Keywords:

Financial Literacy, Overconfidence, Herding Behaviour, Investment Decision

Abstract

The study aimed to investigate the influence of financial literacy, overconfidence, and herding behavior on investment decisions in PT. Phillip Securitas Ambon Branch. It involved active investors who had invested in PT. Phillip Sekuritas Ambon Branch until 2023, with a sample size of 33 respondents. Data collection took place from April to June 2023, using questionnaires. The collected data were analyzed using the multiple regression method with SPSS 26.0, The results indicated that all three hypotheses were accepted. Financial literacy had a significant positive impact on investment decisions, overconfidence also had a significant positive effect, and herding behavior showed a positive but not significant effect on investment decisions in PT. Phillip Sekuritas Ambon Branch. The study suggests that investors should focus on improving their financial literacy, avoid making decisions based solely on emotions or excessive self-confidence, and strive to be rational in their investment decisions.

Downloads

Download data is not yet available.

Downloads

Published

2024-03-30

How to Cite

Matruty, D. J., Loppies, L. S., & Arifin, H. M. (2024). Pengaruh Financial Literacy, Overconfidence dan Herding Behaviour Terhadap Keputusan Investasi. Public Policy ; Jurnal Aplikasi Kebijakan Publik Dan Bisnis, 5(1), 483–502. https://doi.org/10.51135/PublicPolicy.v5.i1.p483-502

Issue

Vol. 5 No. 1 (2024): Public Policy : Jurnal Aplikasi Kebijakan Publik dan Bisnis

Section

Articles

License

Authors whose manuscripts are published in the Journal of Public Policy must agree to the following terms;

  1. Publication rights for all manuscript materials published are held by the editorial board with the author's consent.
  2. The legal formalities for digital access to the Journal of Public Policy are subject to the Creative Commons Attribution Sharealike (CC BY SA) license, which means the Journal of Public Policy has the right to store, redistribute, reformat, manage in a database, maintain, and publish the manuscript without seeking permission from the author as long as the author's name is included as the copyright owner.
  3. Published manuscripts are open access for the purpose of disseminating research results. Besides this purpose, the editorial board is not responsible for copyright law violations.