Investment Knowledge, Risk Perception, Technology Advances, and Investment Interest of Z-Generation
Keywords:
investment knowledge, risk perception, technological advances, investement interest
Abstract
This study aimed to determine the effect of investment knowledge , and risk perception on investment interest , and determine whether technological advances can moderate their influence. This study uses a population of all students of the Faculty of Economics in the Provinces of Central Java, West Java, East Java, and the Special Region of Yogyakarta they were born in 1998-2003. Data analysis uses the E-views application by analyzing the validity, reliability, classical assumptions, regression analysis , and moderated testing. The results of this study indicate that the more you have adequate knowledge, especially on stock indexation, one of which is IDX-MES BUMN 17, the higher the interest in investing in the capital market. The existing technological advances are can also moderate the effect of investment knowledge , and risk perception on investment interest. If the desired increase in investment interest is in the advancement of the Islamic capital market, especially among Z-generation, then what needs to be improved
References
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Wulandari, D., Setyowati, S., & Hana, KF (2020). Pengaruh Edukasi Investasi, Persepsi Return dan Persepsi Risiko terhadap Minat Berinvestasi Saham Syariah.
Xie, L., Chen, Z., & Etc. (2022). Foreign analysts and managerial investment learning from stock markets. Journal of Multinational Financial Management. https://www.sciencedirect.com/science/article/abs/pii/S1042444X22000056
Ali, S., Zani, RM & Kasim, K. (2014). Factor Influencing Investors' Behavior in Islamic Unit Trust: An Application of Theory of Planned Behavior. Journals of Islamic Economics, Banking and Finance, 10, 183–201.
Aren, S., & Zengin, AN (2016). Influence of Financial Literacy and Risk Perception on Choice of Investment. Procedia - Social and Behavioral Sciences, 235(October), 656–663. https://doi.org/10.1016/j.sbspro.2016.11.047
Asiyanti, M., Ridho, T., & Handoko, THD (2020). PENGARUH MOTIVASI INVESTASI, PENGETAHUAN INVESTASI DAN KEMAJUAN TEKNOLOGI SEBAGAI VARIABEL MODERASI TERHADAP MINAT INVESTASI DI PASAR MODAL PADA MAHASISWA PTS DI MOJOKERTO. GI BEI UNM, 2, 1–11.
Darmawan, A., Kurnia, K., & Rejeki, S. (2019). Pengetahuan Investasi, Motivasi Investasi, Literasi Keuangan Dan Lingkungan Keluarga Pengaruhnya Terhadap Minat Investasi Di Pasar Modal. Jurnal Ilmiah Akuntansi Dan Keuangan, 8(2), 44–56. https://doi.org/10.32639/jiak.v8i2.297
De Jong, M. (2010). The perception of investment risk. June.
Fahrin, SM, Novianti, A., Arifah, A., Akuntansi, PS, Riau, UM, Investasi, M., & Modal, P. (2022). Pengenalan Manajemen Investasi dan Pasar Modal Bagi Mahasiswa / I Universitas Muhammadiyah Riau. 6, 2165–2171.
Fariqi, S. (2020). Pengaruh motivasi diri dan literasi keuangan terhadap minat investasi dimediasi oleh perkembangan teknologi.
Handini, S. (2020). The Influence of Investment Knowledge, Investment Motivation, Investment Capital and Investment Risk Perception on Investment Interest in Capital Markets (Study on Feb Dr. Soetomo University Students). ICOBBI (International Conference on Business and Banking Innovation) “Nurturing Business and Banking Sustainability,” 2, 145–152.
Kamal, MF, & Apriani, R. (2022). Pengaruh Perkembangan Teknologi Di Era Digital Terhadap Investasi Dan Pasar Modal. JUSTITIA: Jurnal Ilmu Hukum Dan …, 9(1), 488–496. http://jurnal.um-tapsel.ac.id/index.php/Justitia/article/view/4019
Kumari, DAT, & Ferdous Azam, SM (2019). The mediating effect of financial inclusion on financial literacy and women's economic empowerment: A study among rural poor women in Sri Lanka. International Journal of Scientific and Technology Research, 8(12), 719–729.
Kusuma, RA, & Hakim, L. (2022). Pengaruh Motivasi , Persepsi Return , dan Kemajuan Teknologi Informasi terhadap Pertimbangan Investasi Syariah dengan Perilaku Keuangan sebagai Variabel Moderasi. Ekonomi, Keuangan, Investasi Dan Syariah (EKUITAS), 3(3), 531–537. https://doi.org/10.47065/ekuitas.v3i3.1241
Lestari, DD, Mawardi, C., & Hariri. (2021). Analisis Faktor Religiositas, Pengetahuan Ekonomi Syariah, dan Motivasi Investasi Terhadap Minat Investasi Saham Syariah Pada Mahasiswa Akuntansi. E-Jra, 10(07), 13–24.
Malkan, Kurniawan, I., Nurdin, N., & Noval, N. (2016). PENGARUH PENGETAHUAN TENTANG PASAR MODAL SYARIAH TERHADAP MINAT INVESTASI SAHAM DI PASAR MODAL SYARIAH. Junal Ilmu Perbankan Dan Keuangan Syariah, 3(1), 1–10.
Marfatia, HA (2020). Investors' risk perceptions in the US and global stock market integration. Research in International Business and Finance, 52(January), 101169. https://doi.org/10.1016/j.ribaf.2019.101169
Negara, AK, & Febrianto, HG (2020). PENGARUH KEMAJUAN TEKNOLOGI INFORMASI DAN PENGETAHUAN INVESTASI TERHADAP MINAT INVESTASI GENERASI MILENIAL DI PASAR MODAL. Ekonomi, Fakultas Bisnis, Dan Muhammadiyah, Universitas, 16, 81–95.
Parveen, S., Satti, ZW, Subhan, QA, & Jamil, S. (2020). Exploring market overreaction, investors' sentiments and investment decisions in an emerging stock market. Borsa Istanbul Review, 20(3), 224–235. https://doi.org/10.1016/j.bir.2020.02.002
Patil, S., & Bagodi, V. (2021). “A study of factors affecting investment decisions in India: The KANO way.” Asia Pacific Management Review, xxxx. https://doi.org/10.1016/j.apmrv.2021.02.004
Pengumuman, L., No, BEI, Pop, P.-BEI, & April, T. (2021). Panduan Indeks IDX-MES BUMN 17. 17(April), 1–6.
Purboyo, Zulfikar, R., & Wicaksono, T. (2019). PENGARUH AKTIFITAS GALERI INVESTASI, MODAL MINIMAL INVESTASI, PERSEPSI RESIKO DAN PERSEPSI RETURNTERHADAP MINAT INVESTASI SAHAM SYARIAH. Jurnal Wawasan Manajemen, 7(2), 148–162.
Qolbi, N. (2021). Berusia satu dekade, berikut perkembangan pasar modal syariah Indonesia. Investasi Kontan.
Saens, R., & Tigero, T. (2021). Mandatory dividend rules and the investment decision: The case of Chile. North American Journal of Economics and Finance, 56(June 2020), 101373. https://doi.org/10.1016/j.najef.2021.101373
Sathiyamurthi, K., Devi, K., & Raj, AN (2021). Materials Today : Proceedings Computational analysis and intelligence for mediating effect of investment knowledge on investment intention and investment behaviors. Materials Today: Proceedings, xxxx, 1–5. https://doi.org/10.1016/j.matpr.2021.01.062
Swot, J., Viii, V., Investasi, PP, & Risiko, P. (2018). 2018 pengaruh pengetahuan investasi, persepsi risiko, dan persepsi kontrol perilaku terhadap minat investasi saham. VIII(2), 346–361.
Wang, H., Yang, X., & Han, I. (2020). Financial Investor Information Impact Based on FPGA and Machine Learning. Microprocessors and Microsystems, 103550. https://doi.org/10.1016/j.micpro.2020.103550
Wulandari, D., Setyowati, S., & Hana, KF (2020). Pengaruh Edukasi Investasi, Persepsi Return dan Persepsi Risiko terhadap Minat Berinvestasi Saham Syariah.
Xie, L., Chen, Z., & Etc. (2022). Foreign analysts and managerial investment learning from stock markets. Journal of Multinational Financial Management. https://www.sciencedirect.com/science/article/abs/pii/S1042444X22000056
Published
2023-12-07
How to Cite
devy, happy sista, Syamsuddin, S., Rahmawati, N. F., & Zahra, F. (2023). Investment Knowledge, Risk Perception, Technology Advances, and Investment Interest of Z-Generation. Jurnal Manajemen Dan Keuangan, 12(2), 255-265. https://doi.org/10.33059/jmk.v12i2.7398
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