The factors affecting investment intentions for employees of PT Bank Central Asia, Tbk.

Daniella Mayuni Semeru, Dimas Angga Negoro

Abstract


This research was conducted to analyze the effect of Personality Traits, Financial Literacy, and Risk Tolerance on Investment Intentions in environmentally friendly companies with Risk Tolerance as a moderating variable, providing input for environmentally friendly companies so they can be more attractive to investors, and contribute to the science of financial management by developing an understanding of the Investment Intentions variable in environmentally friendly companies. This research used quantitative method. The sample is 280 respondents with purposive sampling technique to the employees of PT Bank Central Asia, Tbk. Data was analyzed with Structural Equation Modelling-Partial Least Square (SEM-PLS). The results are personality traits, financial literacy, and risk tolerance had effect on investment intentions and risk tolerance had a moderating effect between financial literacy and investment intentions. With this research, it is hoped that environmentally friendly companies will manage their companies well and do environmentally friendly things included in its annual report so that potential investors are interested in investing in environmentally friendly companies. This research also expected to enrich the knowledge of financial management by providing an understanding of the Investment Intentions variable in environmentally friendly companies.

 

Keywords:
environmentally friendly company financial literacy, risk tolerance, investment intentions, personality traits


Full Text:

PDF

References


Ademola, S. A., Musa, A. S., & Innocent, I. O. (2019). Moderating effect of risk perception on financial knowledge, literacy and investment decision. American International Journal of Economics and Finance Research, 1(1), 34–44. https://doi.org/10.46545/aijefr.v1i1.60

Aisa, N. N. (2022). Do financial literacy and technology affect intention to invest in the capital market in the early pandemic period? Journal of Accounting and Investment, 23(1), 49–65. https://doi.org/10.18196/jai.v23i1.12517

Andarsari, P. R., & Firdiansyah, Y. (2020). Penerapan praktik green banking pada bank BUMN di Indonesia. Jurnal Eksekutif, 17(2), 233–246. https://doi.org/https://jurnal.ibmt.ac.id/index.php/jeksekutif/article/view/268

Baihaqqy, M. R. I., Disman, Nugraha, Sari, M., & Ikhsan, S. (2020). The effect of financial literacy on the investment decision. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 3(4), 3073–3083. https://doi.org/10.33258/birci.v3i4.1333

Bapat, D. (2020). Antecedents to responsible financial management behavior among young adults : moderating role of financial risk tolerance. International Journal of Bank Marketing, 38(5), 1177–1194. https://doi.org/10.1108/IJBM-10-2019-0356

Harinowo, C., & Khaidir, I. M. S. (2022). Menuju zaman renewable energy.

Hastings, J., & Mitchell, O. S. (2020). How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors. J Pension Econ Financ, 9(1), 1–20. https://doi.org/10.1017/s1474747218000227.How

Jr. Hair, J. F., Black, W. C., Babin, B. J., & Andreson, R. E. (2014). Pearson New International Edition. British Library Cataloguing-in-Publication Data.

Kanagasabai, B., & Aggarwal, V. (2020). The mediating role of risk tolerance in the relationship between financial literacy and investment performance. Faculty of Management & Finance University of Colombo, 11(1), 83–104. https://doi.org/http://doi.org/10.4038/cbj.v11i1.58

Keh, H. T., Foo, M. Der, & Lim, B. C. (2002). Opportunity evaluation under risky conditions: the cognitive processes of entrepreneurs. Entrepreneurship Theory and Practice, 27(2), 125–148. https://doi.org/https://doi.org/10.1111/1540-8520.00003

Lai, C.-P. (2019). Personality traits and stock investment of individuals. Sustainability, 11(19). https://doi.org/10.3390/su11195474

Lathif, S. A. (2019). The impact of investor’s personality types on investment intentions. A Journal of Composition Theory, XII(IX), 1078–1088.

Mutlu, U., & Ozer, G. (2019). The effects of personality traits on financial behaviour. Pressacademia, 8(3), 155–164. https://doi.org/10.17261/pressacademia.2019.1122

Nandan, T., & Saurabh, K. (2016). Big-five personality traits, financial risk attitude and investment intentions: study on Generation Y. International Journal of Business Forecasting and Marketing Intelligence, 2(2), 128. https://doi.org/10.1504/ijbfmi.2016.078154

Ndaghu, J. T., Onodugo, V. A., Akpan, E., & Babarinde, G. F. (2022). Financial literacy and business performance among female microentrepreneurs. Investment Management and Financial Innovations, 19(1), 156–167. https://doi.org/http://dx.doi.org/10.21511/imfi.19(1).2022.12

Pajar, R. C. (2017). Pengaruh motivasi investasi dan pengetahuan investasi terhadap minat investasi di pasar modal pada mahasiswa FE UNY.

Renanita, T. (2017). Faktor-faktor yang memengaruhi intensi dan perilaku berwisata masyarakat serta implikasinya bagi entrepreneurship bidang pariwisata. Jurnal Entrepreneur Dan Entrepreneurship, 4(1, 2), 49–58. https://doi.org/https://doi.org/10.37715/jee.v4i1,2.247

Renanita, T., & Hidayat, R. (2023). Kesehatan keuangan rumah tangga di Asia Tenggara: telaah cakupan terhadap literatur. Jurnal Ilmu Keluarga Dan Konsumen, 16(2), 171–187. https://doi.org/http://dx.doi.org/10.24156/jikk.2023.16.2.171

Samsuri, A., Ismiyanti, F., & Narsa, I. M. (2019). Effects of risk tolerance and financial literacy to investment intentions. International Journal of Innovation, Creativity and Change, 10(9), 40–54. www.ijicc.net

Sari, O. N. (2018). Pengaruh pengetahuan, keuntungan dan risiko terhadap minat mahasiswa untuk berinvestasi di pasar modal syariah.

Seni, N. N. A., & Ratnadi, N. M. D. (2017). Theory of planned behavior untuk memprediksi niat berinvestasi. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 6(12), 4043–4068. https://medium.com/@arifwicaksanaa/pengertian-use-case-a7e576e1b6bf

Sulaeman, E. S., Murti, B., Setyawan, H., & Rinawati, S. (2017). Aplikasi theory of planned behavior pada perilaku pemberian ASI eksklusif : studi kasus. Jurnal Kedokteran Yarsi, 25(2), 84–100. https://doi.org/https://doi.org/10.33476/jky.v25i2.338

Widagdo, B., & Roz, K. (2022). The role of personality traits, financial literacy and behavior on investment intentions and family support as a moderating variable. Investment Management and Financial Innovations, 19(2), 143–153. https://doi.org/10.21511/imfi.19(2).2022.12




DOI: https://doi.org/10.33633/jpeb.v9i1.9416

Article Metrics

Abstract view : 0 times
PDF - 0 times

DOI (PDF): https://doi.org/10.33633/jpeb.v9i1.9416.g4412

Refbacks



 

Jurnal Penelitian Ekonomi dan Bisnis (JPEB)

Published by
Fakultas Ekonomi dan Bisnis | Universitas Dian Nuswantoro
Jalan Nakula I No. 5-11, Semarang 50131, Indonesia

Email: udinusjpeb@gmail.com
Phone: (024) 3567010
Website:  http://publikasi.dinus.ac.id/index.php/jpeb

ISSN
2442-5028 (Print)
2460-4291 (Online)

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.