Cover Image

Examining the determinants of investment decision among millennials in Malaysia

The number of millennials in Malaysia who participate in investment shows an increasing trend year by year. Despite that, studies have shown that most millennial investors in Malaysia do not have sufficient investment knowledge and skills. Hence, this study aimed to examine the determinants of inves...

Full description

Saved in:
Bibliographic Details
Main Author: Avnner Chardles Wellfren
Format: Thesis
Language:English
English
Published: 2013
Subjects:
HG4501-6051 Investment, capital formation, speculation
Online Access:https://eprints.ums.edu.my/id/eprint/40703/1/24%20PAGES.pdf
https://eprints.ums.edu.my/id/eprint/40703/2/FULLTEXT.pdf
https://eprints.ums.edu.my/id/eprint/40703/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.ums.eprints.40703
record_format eprints
spelling my.ums.eprints.407032024-08-28T01:28:56Z https://eprints.ums.edu.my/id/eprint/40703/ Examining the determinants of investment decision among millennials in Malaysia Avnner Chardles Wellfren HG4501-6051 Investment, capital formation, speculation The number of millennials in Malaysia who participate in investment shows an increasing trend year by year. Despite that, studies have shown that most millennial investors in Malaysia do not have sufficient investment knowledge and skills. Hence, this study aimed to examine the determinants of investment decisions among millennials in Malaysia. The study has determined financial literacy, financial behaviour, financial planning, digital financial literacy and social media as independent variables and investment decisions as the dependent variable. An online questionnaire was designed and distributed using non-probability purposive sampling. The study managed to collect 176 responses around Malaysia. The data was then analysed using SmartPLS ver 3.0 for structural and model assessment. The results demonstrate that financial literacy and financial behaviour do not positively influence investment decisions. Instead, digital financial literacy, social media, and financial planning positively influence investment decisions. Furthermore, financial behaviour does not mediate the relationship between financial literacy and investment decisions. Government agencies and investment providers may include these factors in the existing financial program or financial education as a means for improvement. At the same time, millennials should take the initiative to learn skills beyond simply basic finance concepts before investing. Future studies may address differences in socioeconomic as a recommendation. 2013 Thesis NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/40703/1/24%20PAGES.pdf text en https://eprints.ums.edu.my/id/eprint/40703/2/FULLTEXT.pdf Avnner Chardles Wellfren (2013) Examining the determinants of investment decision among millennials in Malaysia. Masters thesis, Universiti Malaysia Sabah.
institution Universiti Malaysia Sabah
building UMS Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
url_provider http://eprints.ums.edu.my/
language English
English
topic HG4501-6051 Investment, capital formation, speculation
spellingShingle HG4501-6051 Investment, capital formation, speculation
Avnner Chardles Wellfren
Examining the determinants of investment decision among millennials in Malaysia
description The number of millennials in Malaysia who participate in investment shows an increasing trend year by year. Despite that, studies have shown that most millennial investors in Malaysia do not have sufficient investment knowledge and skills. Hence, this study aimed to examine the determinants of investment decisions among millennials in Malaysia. The study has determined financial literacy, financial behaviour, financial planning, digital financial literacy and social media as independent variables and investment decisions as the dependent variable. An online questionnaire was designed and distributed using non-probability purposive sampling. The study managed to collect 176 responses around Malaysia. The data was then analysed using SmartPLS ver 3.0 for structural and model assessment. The results demonstrate that financial literacy and financial behaviour do not positively influence investment decisions. Instead, digital financial literacy, social media, and financial planning positively influence investment decisions. Furthermore, financial behaviour does not mediate the relationship between financial literacy and investment decisions. Government agencies and investment providers may include these factors in the existing financial program or financial education as a means for improvement. At the same time, millennials should take the initiative to learn skills beyond simply basic finance concepts before investing. Future studies may address differences in socioeconomic as a recommendation.
format Thesis
author Avnner Chardles Wellfren
author_facet Avnner Chardles Wellfren
author_sort Avnner Chardles Wellfren
title Examining the determinants of investment decision among millennials in Malaysia
title_short Examining the determinants of investment decision among millennials in Malaysia
title_full Examining the determinants of investment decision among millennials in Malaysia
title_fullStr Examining the determinants of investment decision among millennials in Malaysia
title_full_unstemmed Examining the determinants of investment decision among millennials in Malaysia
title_sort examining the determinants of investment decision among millennials in malaysia
publishDate 2013
url https://eprints.ums.edu.my/id/eprint/40703/1/24%20PAGES.pdf
https://eprints.ums.edu.my/id/eprint/40703/2/FULLTEXT.pdf
https://eprints.ums.edu.my/id/eprint/40703/
_version_ 1809140087345119232
score 13.211869

Similar Items