INVESTMENT LITERACY AND INCLUSION AMONG ONLINE COMMUNITY IN INDONESIA

• Main Author: Wahyu Pratomo Putro, Lucky
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/72375
• Institution: Institut Teknologi Bandung

In the globalization era, Internet is essential tools that provide us so many conveniences to ease our daily lives, including in the financial sector. Internet helps increasing the financial understanding of people. financial literacy and inclusion is one of the important things in determining the economical situation of a country. Because of that very reason, financial literacy studies are currently being concerened in global financial institution and governmental institution. Financial literacy and inclusion could be achieved by financial education. The data collected from the world bank shows that financial inclusion in Indonesia only reach 30% of total Indonesian adults. One of the easiest way to improve Indonesian economy is by implementing financial education specialized in investment, such as mutual fund, stock, and bond. This study is to determined the level of investment inclusion and to examine the corelation between demography variable, basic financial literacy and investment literacy toward investment inclusion Inclusion among Indonesia largest online Community such us detik, kaskus, and kompasiana. The Data Collected is from questionnaire that will be spread on the internet to the online community and will be determine using Logistic regression for the investment inclusion level and OLS regression for counting basic financial literacy and investment literacy level. The questionnaire is based on the research that conducted by Ronald P. Volpe (2002), World Bank (2008), and Otoritas Jasa Keuangan (2013). From 389 sample collected, the result suggested that there is still low investment literacy and inclusion in indonesian online community, and still needed to be improved significantly. In the end, conclussion and recommendation will be given to government and future study.