UNDERSTANDING DETERMINANTS OF INDIVIDUAL INTENTION TO INVEST IN DIGITAL RISKY INVESTMENT

Abdillah, Wiily and Rika, Permata Sari and Ernie, Hendrawaty (2019) UNDERSTANDING DETERMINANTS OF INDIVIDUAL INTENTION TO INVEST IN DIGITAL RISKY INVESTMENT. Jurnal Dinamika Manajemen, 10 (1). pp. 124-137.

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Abstract

This study examines the effect of emotional intelligence, the locus of control, and risk aversion on intention to invest in digital risky investment with financial literacy as moderating effect. This study uses 98 investors of digital risky investment (such as bitcoin and other crypto currency instruments), distributed by online questionnaire. Data examined using Partial Least Square (PLS) technique. The results show that the emotional intelligence (t-stat 3.057), the locus of control (t-stat 3.603) has a positive effect and risk aversion (t-stat -2.287) and financial literacy (t-stat -2.970) have a negative effect on intention to a risky investment. However, there is no moderating effect of financial literacy on those direct effects. It indicates that the individual psychological factors are not reinforced or weakened by the level of financial literacy. The implication for stakeholder and further research are discussed.

Item Type: Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Faculty of Economy > Journal
Depositing User: UPT Perpustakaan Universitas Bengkulu
Date Deposited: 09 May 2023 04:56
Last Modified: 09 May 2023 04:56
URI: http://repository.unib.ac.id/id/eprint/11957

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