Understanding Locus of Control on Emerging Adults Financial Behavior

A Case Study in the Management Department, Faculty of Economics, State University of Medan

DOI

10.2991/aebmr.k.210220.050How to use a DOI?

Keywords

Locus of Control, Financial Behavior, Emerging Adults

Abstract

This study seeks to test empirically, conceptually, and theory in terms of the Locus of control that builds financial decision behavior, where financial decision behavior will be proxied through variables economic action with the object of Department of Management Students as emerging adults. Through Purposive Sampling Technique with the target sample criteria were students of the Management Department, Faculty of Economics, State University of Medan who took the Capital Market and Financial Management Subject in the Odd Academic Year 2019/2020, 241 students met the requirements. The data analysis technique used in analyzing this study’s hypothesis is Partial Least Squares - Structural Equation Modelling. Based on the results obtained, the Locus of Control Emerging Adults students of Management Department, Faculty of Economics, State University of Medan significantly affects their financial behavior.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Muhammad Andi Abdillah Triono
PY  - 2021
DA  - 2021/02/22
TI  - Understanding Locus of Control on Emerging Adults Financial Behavior
BT  - Proceedings of the International Conference on Strategic Issues of Economics, Business and, Education (ICoSIEBE 2020)
PB  - Atlantis Press
SP  - 284
EP  - 287
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210220.050
DO  - 10.2991/aebmr.k.210220.050
ID  - Triono2021
ER  -