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 1. Home /
 2. Archives /
 3. Vol. 2 No. 2 (2024): (GIJEA) Greenation International Journal of Economics
    and Accounting (June - Agustus 2024) /
 4. Articles


INFLUENCE HERDING AND LOSS AVERSION TO STOCK INVESTMENT DECISIONS WITH FEAR OF
MISSING OUT (FOMO) AS A MEDIATING VARIABLE IN THE YOUNG GENERATION IN JAKARTA


AUTHORS

 * Gita Fitri M Jowey Management Study Program, Indonesia Banking School,
   Jakarta, Indonesia
 * Ossi Ferli Management Study Program, Indonesia Banking School, Jakarta,
   Indonesia
 * Erric Wijaya Management Study Program, Indonesia Banking School, Jakarta,
   Indonesia
 * Enny Haryanti Management Study Program, Indonesia Banking School, Jakarta,
   Indonesia


DOI:

https://doi.org/10.38035/gijea.v2i2.212


KEYWORDS:

Herding, Loss Aversion, Fear Of Missing Out (FOMO), Stock Investment Decisions


ABSTRACT

This research aims to analyze the influence of loss aversion and herd behavior
on stock investment decisions through fear of missing out (FOMO) with the object
of young generation investors who are a maximum of 30 years old and domiciled in
DKI Jakarta who have carried out stock buying and selling transactions in the
last year. Hypothesis testing in this research uses the PLS method or Partial
Least Square with software SmartPLS 3.0. The data collection technique uses a
questionnaire using the media googleform to collect data from respondents. The
results of this research Herding and Loss Aversion does not have a significant
effect on investment decisions. Shares of the younger generation of DKI Jakarta
are different from the variables Fear of Missing Out which has a significant
influence on the stock investment decisions of the younger generation of DKI
Jakarta. Herding and Loss Aversion significant effect on Fear of Missing Out
young generation of DKI Jakarta. For mediating variables, results can be drawn,
namely for Herd Behavior has a significant influence on the Stock Investment
Decisions of the younger generation of DKI Jakarta through Fear of Missing Out
whereas for. Loss Aversion No has a significant influence on the Stock
Investment Decisions of the younger generation of DKI Jakarta through Fear of
Missing Out.


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PUBLISHED

2024-08-02


HOW TO CITE

Fitri M Jowey, G., Ferli, O., Wijaya, E., & Haryanti, E. (2024). Influence
Herding and Loss Aversion to Stock Investment Decisions with Fear of Missing Out
(FOMO) as a Mediating Variable in the Young Generation in Jakarta. Greenation
International Journal of Economics and Accounting (GIJEA), 2(2), 189–201.
https://doi.org/10.38035/gijea.v2i2.212
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Vol. 2 No. 2 (2024): (GIJEA) Greenation International Journal of Economics and
Accounting (June - Agustus 2024)


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Copyright (c) 2024 Gita Fitri M Jowey, Ossi Ferli, Erric Wijaya, Enny Haryanti

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