Abstract:The purpose of the study is to examine the impact of behavioural biases (herding, mental accounting, and regret averson) on investment decisions. The authors further examine the moderation effect of financial literacy in…
the relationship between behaviour biases and investment decisions. The study considered a cross-sectional research design. For this survey, the data have been collected through a structured questionnaire from 215 government officials of BPK RI. To analyse the validity and reliability, the Pearson correlation and Cronbach’s alpha test have been taken into account respectively. For testing the hypothesis, hierarchical regression analysis has been used in the study. The results of the study reveal that research results also show that bias herding, mental accounting, and regrets on investment decisions have a positive and significant influence. Meanwhile, financial literacy on investment decisions has a negative and significant influence. Furthermore, herding bias is moderated by financial literacy on investment decisions and has a positive and significant influence. Meanwhile, mental accounting bias and regret aversion are moderated by financial literacy on investment decisions and have a negative and significant influence. Based on this present research finding, the study is more productive for the government officials and policymakers at the time of making an investment portfolio for the government officials based on their behavioural biases. The study recommends that investors need training programmes, workshops and seminars that enhance financial literacy and financial knowledge of government officials which helps them to overcome behavioural biases while making an investment decision. The current study aims to explore whether several behavioural biases can affect investment decisions. Moreover, the authors would like to examine whether these associations are moderated by financial literacy. In this sense, financial literacy might also play a substantial part in the prediction of investments. The current study might be of the first study that examines the moderation effect financial literacy amongst male and female investors.
Abstract:The phenomenon of drug abuse that occurs in the younger generation is increasingly worrying, not only occurs in ordinary people but has also spread to various professions and involves students or students. Previously there…
re was a case of arrest and raids carried out in the USU campus environment and found two suspects BS and NK who carried 740 grams and 850 grams of marijuana. The purpose of this study is to see how relationships are formed in cases of drug abuse that occur in alumni and students of the University of North Sumatra, and to see what factors cause drug abusers to use drugs. This research method is qualitative with in-depth interviews with key informants and ordinary informants. The results show that there are factors of drug use among alumni and students caused by the influence of friends and seniors. This aims to make it easier to enter the friendship environment on campus. So that the formation of relationships among drug abusers is always changing, utilizing friendships to get drugs, and friendship relationships that are always in conflict. Alumni or students who still use drugs will use their income to obtain drugs, while those who do not have income, for example students, will lie to their families by using the pocket money left by their parents to obtain drugs.
Abstract:This research focuses on how technology, human capital, and investment influence economic growth in ASEAN countries from 1999 to 2019. This research uses panel data regression analysis. The research results show that technology…
hnology has a significant positive effect on economic growth. Meanwhile, human capital has a significant negative effect on economic growth and investment has no significant effect on economic growth.
Abstract:In the Digital Age, many activities are carried out using technology, such as making telephone electricity payments, shopping with e-commerce, including applying for loans, so that technology is a community need, especially…
lly those who have high mobility. The purpose of this study was to examine the effect of the variables financial literacy, religiosity and the Technology Acceptance Model on the decision to choose financial technology financing. The object of research is the people living in Jabodetabek, with a quantitative descriptive design. The research data source is primary data obtained by distributing questionnaires to respondents. The population of people who live in Jabodetabek with the sample selection technique using purposive sampling of 105 respondents. Data analysis used Structural Equation Modeling (SEM) with PLS 3.0 software. The research results prove that the literacy variable based on the P-Value value is obtained 0.00 <0.05, meaning that the literacy variable has a significant effect on the dependent variable in the decision to choose sharia fintech. Based on the P-Value, the Religious Variable is 0.00 <0.05, meaning that the Religious variable has a significant effect on the dependent variable on the decision to choose Islamic fintech. Meanwhile, the Technology Acceptance Model variable based on the P-Value value obtained 0.602 > 0.05, meaning that the Technology Acceptance Model variable has no significant effect on the dependent variable on the decision to choose Islamic fintech. meaning that the Literacy variable has a significant effect on the dependent variable on the decision to choose sharia fintech. Based on the P-Value, the Religious Variable is 0.00 <0.05, meaning that the Religious variable has a significant effect on the dependent variable on the decision to choose Islamic fintech. Meanwhile, the Technology Acceptance Model variable based on the P-Value value obtained 0.602 > 0.05, meaning that the Technology Acceptance Model variable has no significant effect on the dependent variable on the decision to choose Islamic fintech. meaning that the Literacy variable has a significant effect on the dependent variable on the decision to choose sharia fintech. Based on the P-Value, the Religious Variable is 0.00 <0.05, meaning that the Religious variable has a significant effect on the dependent variable on the decision to choose Islamic fintech. Meanwhile, the Technology Acceptance Model variable based on the P-Value value obtained 0.602 > 0.05, meaning that the Technology Acceptance Model variable has no significant effect on the dependent variable on the decision to choose Islamic fintech.
Abstract:This research aims to analyze the factors that influence electricity consumption in Indonesia. The data used in this research is panel data for 2020-2022 in 32 provinces in Indonesia. The analysis technique used is Multiple…
ple Regression Analysis with Random Effect Model (REM). The dependent variable used is electricity consumption and the independent variables include electricity prices, income and number of customers. The research results show that the price of electricity has a negative and significant effect on electricity consumption. Meanwhile, income and number of customers have a positive and significant effect on electricity consumption. Simultaneously, electricity prices, income and number of customers have a significant effect on electricity consumption.
Abstract:This research aims to prove several factors, including GRDP per capita, population density, agricultural land, and foreign direct investment (FDI), which are believed to be the causes of deforestation in Indonesia through…
h the analysis of employs panel data covering 32 provinces in Indonesia from 2011 to 2021. The research findings indicate that population density, agricultural land, and FDI have a positive influence on deforestation in Indonesia, while GRDP per capita exhibits a negative correlation. Behind the research findings affirming the factors contributing to deforestation in Indonesia, government policies also play the most significant role in controlling the deforestation trend in Indonesia, either exacerbating or ameliorating the state of forests.
Abstract:Today's consumers not only fulfill basic needs but also prioritize physical appearance, especially facial care, which is a priority to look better. Having healthy, clean and bright facial skin is the dream of every Indonesian…
esian woman. Cosmetics companies certainly carry out strategies to provide benefits and benefits to their consumers to produce an increase in Brand Loyalty. The aim of this research is to determine the relationship between Brand Love, Self-Esteem, Brand Attitude and Brand Loyalty among users of facial care products. This research was conducted on 250 female respondents who used Scarlett, Emina and Whitelab products aged 15 - 40 years in the JABODETABEK area. Data collection was obtained through distributing questionnaires online which was carried out from January to February 2023. This research used the Lisrel Structural Equation Model (SEM) to test the research model. The results of this research show that the four hypotheses proposed are acceptable and one hypothesis is unacceptable. Then, the brand attitude variable has the greatest influence on brand love. Meanwhile, the results show that the proposed research hypothesis does not support the existing hypothesis, namely that the brand attitude variable has no influence on brand loyalty. Therefore, this research implies that brand loyalty is an important factor for a business to be able to maintain its business.
Abstract:The police who serve as investigators carry out the investigation process and the police who serve as investigators carry out the investigation. The process of inquiry and investigation is a very important thing in criminal…
nal procedural law, because in its implementation it often has to touch on the degree and/or dignity of the individual under suspicion, therefore one of the important mottos in criminal procedural law is that the essence of investigating criminal cases is to to clear up the problem, to pursue the perpetrator of the crime, while preventing innocent people from acting inappropriately. Regarding the authority of investigators, of course there are efforts that can be made by the reported party if he has been named a suspect or other efforts that can be taken by the reported party if an Inquiries/investigation error occurs.
Abstract:Indonesia is known for its rich agriculture, and rice is the staple food of the Indonesian people. The production of rice comes from rice fields, which are often managed by their owners or tenant farmers. However, not all…
l rice field owners can efficiently manage their resources, which is why they can involve rice cultivators to help them out. The relationship between the owner of the rice fields and the tenant farmers is divided into two types of cooperation: maro and mertelu. Additionally, this type of cooperation can also be carried out in dry land areas, such as coconut plantations, coffee plantations, and more. This study focuses on the actors involved in maro and mertelu agreements in Banyumas Regency, Cilacap Regency, Kebumen Regency, Banjarnegara Regency, and Purbalingga Regency. The population size of this study is unknown, but based on calculations, a minimum sample size of 97 respondents is required. The criterion for selecting respondents is that they have entered into a maro or mertelu agreement and reside in one of the aforementioned regencies. The findings of the study indicate that individuals who have entered into maro or mertelu agreements do so for a variety of reasons. These reasons include supplementing their income to meet basic and other needs, ensuring they have a job and are not unemployed, and following the orders of the landowner. Some individuals also participate in these agreements because they are unable to purchase their own rice fields and want to work in the industry, while others do so to help those in need.
Abstract:Electronic word of mouth (E-WOM) and Social Media Marketing are widely used by consumers to explore information about a product. Information obtained from various sources on the internet will affect consumer perceptions…
of brand image, risk and encourage consumer purchase intention. This study aims to examine the effect of electronic word of mouth, and social media marketing variables on purchase intention with brand image as an intervening variable. This study used a purposive sampling technique on 260 respondents. The study was conducted on all Indonesian citizens in Medan who are interested in buying and using cosmetics through e-commerce and already have income. The method used is the Structural Equation Model with AMOS 24.0 Software. The results of this study indicate that electronic word of mouth has a positive and significant effect on brand image and purchase intention, and social media marketing has a positive effect on brand image and purchase intention and is significant on brand image but not significant on purchase intention. Meanwhile, brand image has a positive and significant effect on purchase intention.