Purpose: This study examines the influence of financial literacy, overconfidence, and herding behavior on investment decisions made through digital-based applications. It aims to determine which cognitive and behavioral factors most significantly shape investors’...

Purpose: Based on the liquidity ratios, profitability ratios, solvency ratios, and activity ratios of digital startup businesses listed on the Indonesia Stock Exchange in 2017–2021, this study seeks to ascertain the impact of financial performance the value of a firm.