The factors influencing interest in investing in the capital market

Authors

  • Vica Nastasia Tokii Program Studi Manajemen, Fakultas Hukum dan Bisnis Digital, Universitas Kristen Maranatha
  • Sri Zaniarti Program Studi Manajemen, Fakultas Hukum dan Bisnis Digital, Universitas Kristen Maranatha

DOI:

https://doi.org/10.28932/vikara.v1i1.13040

Keywords:

investment interest, investment knowledge, social media influencers, students

Abstract

The pandemic, that has hit Indonesia, has significantly changed people's activities, forcing them to stay at home. This has created a new trend of creating content on social media, such as TikTok, YouTube, and Instagram, which is mostly about sharing knowledge. These activities on social media can make someone popular and gain many followers, thus earning them the title of social media influencer. One of the types of information shared is education about the capital market. This study aims to analyse the influence of investment knowledge and social media influencers on students' interest in investing. The objective of this research is to examine the relationship between investment knowledge and social media influencers on students' interest in investing. The research method used multiple analysis processed using SPSS. The sampling technique in this study used simple random sampling, with a sample size of 152 respondents. The findings of this study partially indicate that investment knowledge does not influence investment intentions, while social media influencers do influence investment intentions. This shows that the influence of others, especially information obtained from social media such as influencers, greatly influences a person's decision to invest.

References

Agestina, N. I. A., Amin, M., & Anwar, S. A. (2020). Analisis pengaruh modal minimal, pemahaman investasi dan teknologi informasi terhadap minat mahasiswa berinvestasi di pasar modal di tinjau dari perspektif ekonomi Islam (Studi pada mahasiswa Fakultas Ekonomi dan Bisnis Universitas Islam Malang). E-Jra, 9(1), 60-68. https://www.scribd.com/document/864284967/7439-19719-1-PB

Aini, N., Maslichah, M., & Junaidi, J. (2019). Pengaruh pengetahuan dan pemahaman investasi, modal minimum investasi, return, risiko dan motivasi investasi terhadap minat mahasiswa berinvestasi di pasar modal (Studi pada mahasiswa Fakultas Ekonomi dan Bisnis Kota Malang). E-Jra 08, 08(05), 28-52. https://jim.unisma.ac.id/index.php/jra/article/view/4066/3542

Anjani, S., & Irwansyah, I. (2020). Peranan influencer dalam mengkomunikasikan pesan di media sosial Instagram. Polyglot: Jurnal Ilmiah, 16(2), 203-229. https://doi.org/10.19166/pji.v16i2.1929

Fauzianti, A., & Retnosari, R. (2022). Pengaruh modal awal investasi, pengetahuan investasi, sosial media influencer terhadap minat investasi mahasiswa akuntansi Universitas Tidar. Jurnal Sinar Manajemen, 9(1), 26-35. https://doi.org/10.56338/jsm.v9i1.2323

Ghozali, I. (2018). Aplikasi analisis multivariate dengan program IBM SPSS 25. Badan Penerbit Universitas Diponegoro

Gunanti, A. A. I. I. P., & Mahyuni, L. P. (2022). Minat investasi generasi milenial di Bursa Efek Indonesia. INOVASI: Jurnal Ekonomi, Keuangan dan Manajemen, 18(3), 425-437. https://journal.feb.unmul.ac.id/index.php/INOVASI/article/view/10344/2025

Herindar, E., Amani, A. S. Z., & Krisnawati, R. (2020). Pengaruh social media marketing terhadap minat investasi di pasar modal syariah. Paper Sekolah Tinggi Ekonomi Islam Tazkia. https://kseiprogres.com/wp-content/uploads/2020/08/PENGARUH-SOCIAL-MEDIA-MARKETING-TERHADAP-MINAT-INVESTASI-DI-PASAR-MODAL-SYARIAH.pdf

Isticharoh, I., & Kardoyo, K. (2020). Minat investasi diprediksi dari motivasi diri, pengetahuan investasi, dan teknologi media sosial. Economic Education Analysis Journal, 9(3), 892-906. https://doi.org/10.15294/eeaj.v9i3.42414

KSEI. (2022). Statistik pasar modal Indonesia Agustus 2022. Kustodian Sentral Efek Indonesia. https://www.ksei.co.id/files/Statistik_Publik_-_Agustus_2022_v10_(1).pdf

KSEI. (2022). Statistik pasar modal Indonesia April 2022. Kustodian Sentral Efek Indonesia. https://www.ksei.co.id/files/Statistik_Publik_-_April_2022.pdf

Martins, I., Perez, J. P., & Novoa, S. (2022). Developing orientation to achieve entrepreneurial intention: A pretest-post-test analysis of entrepreneurship education programs. International Journal of Management Education, 20(2), 100593. https://doi.org/10.1016/j.ijme.2021.100593

Media Digital. (2021). Timothy Ronald, investor muda sukses dan misi cetak 10 juta investor baru di indonesia. https://finansial.bisnis.com/read/20211206/55/1474268/timothy-ronald-investor-muda-sukses-dan-misi-cetak-10-juta-investor-baru-di-indonesia

Mudijyono, M. (2012). Investasi dalam saham & obligasi dan meminimalisasi risiko sekuritas pada pasar modal Indonesia. Jurnal STIE Semarang, 4(2), 1-18. https://jurnal3.stiesemarang.ac.id/index.php/jurnal/article/view/165/135

Paul, J., Modi, A., & Patel, J. (2016). Predicting green product consumption using Theory of Planned Behavior and Reasoned Action. Journal of Retailing and Consumer Services, 29, 123-134. https://doi.org/10.1016/j.jretconser.2015.11.006

Pratiwi, D. T. (2020). Pengaruh pengetahuan investasi, modal awal investasi dan sosial media influencer. Skripsi Universitas Islam Indonesia. https://dspace.uii.ac.id/bitstream/handle/123456789/28263/16312210%20Desyana%20Twinda%20Pratiwi.pdf?sequence=1&isAllowed=y

Pratiwi, N. G., Wahyudi, W., & Siswantini, T. (2020). Analisis keputusan investasi pasar modal pada generasi Millennial. KORELASI I (Konferensi Riset Nasional Ekonomi, Manajemen, dan Akuntansi), 556-567. https://ocs.upnvj.ac.id/index.php/korelasi/2020/paper/viewFile/978/249

Radja, E. M. (2019). Pengaruh persepsi mahasiswa tentang investasi terhadap minat berinvestasi saham di pasar modal syariah (Studi kasus pada mahasiswa angkatan 2015 Fakultas Ekonomi dan Bisnis Islam IAIN Manado). Skripsi Institut Agama Islam Negeri (IAIN) Manado. https://repository.iain-manado.ac.id/85/1/ELSITA%20RADJA%28b%29.pdf

Rimadias, S., Werdiningsih, Y., & Baqi, A. F. (2022). Social media marketing on Instagram: Peran beauty influencer dalam pemasaran Scarlett Whitening di media sosial Instagram. Jurnal MEBIS (Manajemen dan Bisnis), 7(1), 88-100. http://dx.doi.org/10.33005/mebis.v7i1.337

Rusli, A., & Wardah, S. (2022). Pengaruh pengetahuan investasi, modal minimal, pelatihan pasar modal, dan motivasi terhadap minat berinvestasi di pasar modal. Jurnal Bisnis, Manajemen, dan Akuntansi, 8(1), 55-68. https://jurnal.amaypk.ac.id/index.php/jbma/article/view/89/102

Saiang, H. V., Regita, T. I., Indahsari, Y., Rahmasari, M. D., Fitriani, E., Ekonomi, F., & Kadiri, U. (2022). Pengaruh influencer saham terhadap minat investasi generasi milenial pada pasar modal. JIMEK: Jurnal Ilmiah Mahasiswa Ekonomi, 05(1). https://ojs.unik-kediri.ac.id/index.php/jimek/article/download/2027/pdf/10252

Sugiyono. (2019). Metode penelitian kuantitatif, kualitatif, dan R&D. Alfabeta

Tambunan, D. (2020). Investasi saham di masa pandemi COVID-19. Widya Cipta: Jurnal Sekretari dan Manajemen, 4(2), 117-123. https://doi.org/10.31294/widyacipta.v4i2.8564

Tribunnews.com. (2022). Kisah Timothy Ronald, miliarder saham berumur 20 tahun. https://www.tribunnews.com/lifestyle/2021/03/27/kisah-timothy-ronald-miliarder-saham-berumur-20-tahun

Trisnaningsih, T., Sihabudin, S., Fauji, R. (2022). Pengaruh influencer dan literasi keuangan terhadap minat investasi mahasiswa. Journal of Business and Economics Research (JBE), 3(2), 82-89. https://doi.org/10.47065/jbe.v3i2.1705

Wang, X., Yu, C., & Wei, Y. (2012). Social media peer communication and impacts on purchase intentions: A consumer socialization framework. 26(4), 198-208. https://doi.org/10.1016/j.intmar.2011.11.004

Wibowo, A., & Purwohandoko, P. (2019). Pengaruh pengetahuan investasi, kebijakan modal minimal investasi, dan pelatihan pasar modal terhadap minat investasi (Studi kasus mahasiswa FE UNESA yang terdaftar di galeri investasi FE UNESA). Jurnal Ilmu Manajemen (JIM), 7(1), 192-201. https://ejournal.unesa.ac.id/index.php/jim/article/view/25386

Downloads

Published

2025-09-29