Abdillah, Willy and Permata Sari, Rika and Hendrawaty, Ernie Understanding Determinants of Individual Intention to Invest in Digital Risky Investment. Jurnal Dinamika Manajemen, Vol 10 (1). pp. 124-137. ISSN 2337-5434

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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-stat3.603) 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 > H Social Sciences (General)
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Manajemen
Date Deposited: 18 Nov 2019 08:19
Last Modified: 18 Nov 2019 08:19
URI: http://repository.lppm.unila.ac.id/id/eprint/16962

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