What type of study is this?

This is a Quantitative Study study.

September 12, 2025

The Influence of Self-Efficacy, Financial Literacy, and Risk Perception on Investment Decisions (Study on Students of the Faculty of Economics and Business, State University of Surabaya)

Key Points

Investment decisions are positively influenced by self-efficacy, financial literacy, and risk perception.
The study analyzed responses from 373 students across three academic years, revealing key factors in decision-making.
Data was collected through a questionnaire survey and analyzed using the PLS-SEM model.
Findings highlight the importance of educating students on financial concepts to enhance their investment strategies.

Abstract

This study aims to analyze the effect of self-efficacy, financial literacy, and risk perception on investment decisions in FEB UNESA students. This study uses a quantitative approach, the population consists of FEB UNESA students in 2021, 2022, and 2023 with 373 students as samples. Primary data was collected through a questionnaire survey, then validity and reliability testing, and hypothesis testing were carried out with the PLS-SEM analysis model using SmartPLS 4 software. The results showed that self-efficacy, financial literacy and risk perception had a positive effect on investment decisions. These results indicate that students with high self-confidence, good financial literacy, and a good understanding of risk will encourage students to be more active, rational, and wise in managing investments

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Cite This Study

Ardani et al. (Tue,) studied this question.

synapsesocial.com/papers/68d44a1d31b076d99fa52fbc https://doi.org/https://doi.org/10.55927/ijabm.v4i4.468

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