Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)

The Effect of the Locus of Control, Financial Knowledge and Income on Investment Decisions

Authors
Rosyeni Rasyid, Muthia Roza Linda, Dina Patrisia, Halkadri Fitra, Yuliza Susanti
Corresponding Author
Rosyeni Rasyid
Available Online July 2018.
DOI
10.2991/piceeba-18.2018.55How to use a DOI?
Keywords
investment decision, locus of control, financial knowledge, income
Abstract

There are several objectives of this study. First, to analyze the effect of locus of control on investment decisions. Second, to analyze the effect of financial knowledge on investment decisions. Third, to analyze the effect of income on investment decisions. The population of this research was all 68 employees of PT Pertamina (Persero) of Padang branch, with a total sample of 43 people. The sample was the employees who conducted investment activities. Data were obtained through the distribution of questionnaires. The data were analyzed with multiple linear regression analysis. The results indicate that: 1) locus of control has a significant effect on investment decision; 2) financial knowledge has a significant effect on investment decision, and 3) income has a significant effect on investment decision. The locus of control, financial knowledge, and income affect 57.5% of employee’s investment decisions; the remaining 42.5% is affected by other factors. Out of the three variables studied, the financial knowledge is the most dominant variable in affecting investment decisions.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2018
ISBN
10.2991/piceeba-18.2018.55
ISSN
2352-5428
DOI
10.2991/piceeba-18.2018.55How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Rosyeni Rasyid
AU  - Muthia Roza Linda
AU  - Dina Patrisia
AU  - Halkadri Fitra
AU  - Yuliza Susanti
PY  - 2018/07
DA  - 2018/07
TI  - The Effect of the Locus of Control, Financial Knowledge and Income on Investment Decisions
BT  - Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)
PB  - Atlantis Press
SP  - 424
EP  - 431
SN  - 2352-5428
UR  - https://doi.org/10.2991/piceeba-18.2018.55
DO  - 10.2991/piceeba-18.2018.55
ID  - Rasyid2018/07
ER  -