PAST BEHAVIOUR, FINANCIAL LITERACY AND INVESTMENT DECISION MAKING PROCESS OF INDIVIDUAL INVESTORS
This paper aims to find out consequences of investor decision making behaviour by including two external variables, namely, financial literacy and past behaviour. The addition of past behaviour may be a novelty of this article because the examination has not been carried out empirically, especially in the case of developing countries such as Indonesia. The purpose of this study is to create hypotheses and test the behavioural intentions of individual investors by relating them to psychological variables (attitudes, perceived behavioural control and past behaviour, social variables (subjective norms) and personal abilities (financial literacy). This research method uses techniques random sampling, using a self-administered questionnaire and the data collected were analyzed in AMOS 20.0 using two-step structural equation modelling (SEM).
Past Behaviour, Financial Literacy And Investment Decision.