The purpose of this study was to determine the effect of the level of financial literacy, herding behavior, risk-averse, risk perception on investment decisions in the Z generation, and the Millennial generation. Respondents are academicians in the Faculty of Economics and Business, Mercu Buana University who already have income, which includes: Lecturers, Staff, and Students aged 15 - 39 years. Determination of the sample using non-probability sampling with an accidental sampling approach. Data were analyzed using Multiple Linear Regression Analysis. The results showed that financial literacy, herding behavior, risk-averse, risk perception have a positive effect on investment decisions.
CITATION STYLE
Rosdiana, R. (2020). INVESTMENT BEHAVIOR IN GENERATION Z AND MILLENNIAL GENERATION. Dinasti International Journal of Economics, Finance & Accounting, 1(5), 766–780. https://doi.org/10.38035/dijefa.v1i5.595
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