Financial Literacy and Green Investment Decisions among Gen Z in Yogyakarta

This study investigates the relationship between financial literacy and green investment decisions among Generation Z in Yogyakarta. As environmental sustainability awareness grows, younger generations are increasingly inclined to make investment decisions that align with green and ethical values. Using a quantitative approach, data were collected from 120 respondents through structured questionnaires. The data were analyzed using regression analysis to examine the effect of financial literacy on green investment decisions. The findings indicate that financial literacy has a significant and positive influence on Gen Z’s willingness to invest in environmentally sustainable companies. Respondents with higher financial literacy tend to make more informed and responsible green investment choices. These results highlight the importance of strengthening financial education to foster sustainable financial behavior among young investors. The study offers practical implications for policymakers, educators, and financial institutions in promoting financial literacy and green investment awareness.

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Publication Details

Journal
Journal of Applied Business Taxation and Economics Research
Published
2025-08-09
DOI
https://doi.org/10.54408/jabter.v4i6.496
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

Financial Literacy and Green Investment Decisions among Gen Z in Yogyakarta

Novia Utami
1 links
Journal of Applied Business Taxation and Economics Research
FinTech, Crowdfunding, Digital Finance
article

Financial Literacy and Green Investment Decisions among Gen Z in Yogyakarta

Novia Utami
article en

Abstract

This study investigates the relationship between financial literacy and green investment decisions among Generation Z in Yogyakarta. As environmental sustainability awareness grows, younger generations are increasingly inclined to make investment decisions that align with green and ethical values. Using a quantitative approach, data were collected from 120 respondents through structured questionnaires. The data were analyzed using regression analysis to examine the effect of financial literacy on green investment decisions. The findings indicate that financial literacy has a significant and positive influence on Gen Z’s willingness to invest in environmentally sustainable companies. Respondents with higher financial literacy tend to make more informed and responsible green investment choices. These results highlight the importance of strengthening financial education to foster sustainable financial behavior among young investors. The study offers practical implications for policymakers, educators, and financial institutions in promoting financial literacy and green investment awareness.

Journal of Applied Business Taxation and Economics ResearchVol. 4(6)
Atma Jaya Catholic University of Indonesia (ID)
Openalex Percentile: Top 65%
FinTech, Crowdfunding, Digital Finance
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Financial Literacy and Green Investment Decisions among Gen Z in Yogyakarta — Novia Utami · Journal of Applied Business Taxation and Economics Research (2025) | TGRS Research Map | TGRS