Published date:Feb 06 2020

Journal Title: KnE Social Sciences

Issue title: The 6th International Conference on Entrepreneurship (ICOEN) 2019

Pages:199–211

DOI: 10.18502/kss.v4i3.6401

Wirawan ED Radiantoemail@gmail.comDepartment of Accounting, Universitas Ciputra Surabaya, Indonesia

Yosefa LianotoDepartment of Accounting, Universitas Ciputra Surabaya, Indonesia

Tommy Christian EfrataDepartment of Management, Universitas Ciputra Surabaya, Indonesia

Liliana DewiDepartment of Management, Universitas Ciputra Surabaya, Indonesia

The awareness and desire to allocate funds to meet future needs have caused many employees to start investing. The purpose of this study is to investigate the influence of the level of financial literacy and demographic factors on employee investment decisions. This study uses multiple linear regression analysis models to analyze data. The population in this study is employees with the criteria of having an investment instrument, either real or financial asset investments. The results of this study indicate that only the level of financial literacy partially influences investment decisions while gender, education, and ethnicity do not affect employee investment decisions.

Keywords: Financial Literacy; Gender; Education; Ethnicity; Investment Decisions

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