The Influence of Financial Literacy, and Investment Knowledge on Investment Interest mediated by Investment Motivation

Abstract

This study attempted to determine the influence of investment knowledge and financial
literacy on capital market investing interest via investment motivation. All IDX
Investment Gallery users in the Faculty of Economics and Business, University of
Mataram, made up the study's population, and 85 Investment Gallery users were
chosen as the study's sample using a purposive selection approach. Associative
quantitative research is the term used to describe this sort of study. Smart-PLS 4 was
utilized to process the data in this study, and the following tests were run: validity test,
reliability test, R-Square, inner model, and path coefficient. The findings demonstrated
that, while investment knowledge has a negligible impact on investment interest,
financial literacy, and investment motivation have a favorable and considerable impact.
Investment motivation is positively and significantly impacted by financial knowledge
and literacy. Financial literacy and investment interest can be mediated by investment
motive, but investment knowledge cannot.