Understanding Determinants of Individual Intention to Invest in Digital Risky Investment

Abdillah, Willy; Permatasari, Rika; Hendrawaty, Ernie

doi:10.15294/jdm.v10i1.18243

Cited by 12 publications

(11 citation statements)

References 47 publications

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“…Aydemir & Aren [37], for example, found a positive and significant relationship between locus of control and investment intention among several exchanges in Turkey. Abdillah et al [39] also found this positive and significant relationship in the Indonesia Stock Exchange. Research by Aydemir & Aren [37] shows that locus of control has a positive effect on investment intention.…”

Section: Locus Of Control and Investment Intentionmentioning

confidence: 69%

Gender and Millennials in Indonesian Capital Market

Widoatmodjo¹,

Onasie²

2021

Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)

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The number of millennial investors in the Indonesia Stock Exchange (IDX) has increased significantly in the last three years. This phenomenon shows the existence of investment intention among the millennial generations, which is interesting because since the monetary crisis of 1998, there is such a trauma in most Indonesian to invest in the capital market. Now, the millennial generations show another signal that they can forget the trauma. It is interesting to know what kind of factors that influence the millennials' investment intention in the capital market. This study attempted to answer this question. This research proposed three factors, namely financial attitude, risk aversion, and locus of control, that influence the millennials' investment intention, along with the hypothesis developments. The sample consist of the millennial generation that was divided into three groups, namely male, female, and whole sample. SEM was employed to test the three hypotheses by using Smart PLS. The results show that only financial attitude in the female group sample that does not have a significant effect on the millennials' investment intention.

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Section: Locus Of Control and Investment Intentionmentioning

confidence: 69%

Gender and Millennials in Indonesian Capital Market

Widoatmodjo¹,

Onasie²

2021

Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)

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“…First, there might be the presence of different variables that may impact the attitude of the investors due to differences in their financial and educational backgrounds. Therefore, in addition to the variables under study, there could also be certain other variables like perceived knowledge, perceived ease of use (Ichwan and Kasri, 2019), emotional intelligence, locus of control, risk aversion (Abdillah et al, 2019), profitability, convenience and anonymity (Yilmaz and Hazar, 2018), which may also impact the intention to invest in cryptocurrency. Therefore, future research can prioritize these factors impacting cryptocurrency investment decision after taking into account the investor preferences.…”

Section: Conclusion Limitations and Future Scopementioning

confidence: 99%

Prioritizing intentions behind investment in cryptocurrency: a fuzzy analytical framework

Gupta¹,

Gupta²,

Mathew³

et al. 2020

JES

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PurposeThe primary objective of this study is to prioritize the main intentions behind investment in cryptocurrency, in spite of its volatile nature and no regulatory framework.Design/methodology/approachThis research paper has worked on collective constructs of the unified theory of acceptance and use of technology (UTAUT), the technology acceptance model (TAM) and social support theory with an added construct of financial literacy. A fuzzy analytical framework has been applied to prioritize the intentions of investors.FindingsThe result indicates that “Social Influence (SI)” is the most influencing factor, while “Effort Expectancy (EE)” is the least influencing factor considered by investors. The subdimensions ranked in the top priority by investors are as follows: “I want to invest in cryptocurrencies because I have a good level of financial knowledge (FL1)”; “The people who are important to me will think that I should use cryptocurrencies (SI2)”; “I have the necessary resources to use cryptocurrencies (FC2).” The least importance is given to “It will be easy for me to become an expert in the use of cryptocurrencies (EE3).”Research limitations/implicationsFew of the constructs of the UTAUT, the TAM and social support theory have been considered while prioritizing intentions. Different other intentions also prevail under different theories that need to be researched further.Practical implicationsUnlike previous studies, this research adds the archetype of social commerce, social support and utility theories to analyze and prioritize the behavioral perspective of using cryptocurrencies in digital transactions.Originality/valueThis paper fills the gap in the research study, along with assisting the regulators and cryptocurrency practitioners to widen their knowledge base and to recognize the prioritized intentions.

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“…Informativeness is very important for potential investors in making decisions. The more information potential investors get, the more convincing they will be to take an action (Abdillah, Permatasari, & Hendrawaty, 2019). The social media used by the current millennial generation helps in gathering various information needed for potential investors.…”

Section: Discussionmentioning

confidence: 99%

Understanding the Intention of Millennial Generation on Investment Through the Financial Technology Application

Sa’diyah¹,

Pratika²

2022

IJEBAR

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The financial technology (fintech) companies utilize social media for many purposes. The increasing of digitalization in the fintech companies make consumers easier to make a purchase or an investment. This condition provides a phenomenon in which young generation is willing to invest their funds through fintech system. The purpose of this study is to examine whether social media marketing influences the intention of the young generation in investing. A total of 208 respondents coming from millennial generation involved in this study. Structural Equation Modeling (SEM) was used to analyze this research with the results showing that perceived relevance, informativeness, and utilitarian motivation have significant effect on millennial generation's intention to invest. In addition, perceived relevance and informativeness also influence utilitarian motivation.

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Understanding Determinants of Individual Intention to Invest in Digital Risky Investment

Cited by 12 publications

References 47 publications

Gender and Millennials in Indonesian Capital Market

Gender and Millennials in Indonesian Capital Market

Prioritizing intentions behind investment in cryptocurrency: a fuzzy analytical framework

Understanding the Intention of Millennial Generation on Investment Through the Financial Technology Application

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