Determinan Keputusan Investasi Mahasiswa Pada Galeri Investasi BEI
Keywords:
Determinan investasi; keputusan investasi; galeri investasi
Abstract
Penelitian ini bertujuan untuk mengkaji beberapa faktor dalam proses pengambilan keputusan investasi mahasiswa Fakultas Ekonomi dan Bisnis Universitas Musamus, dimana financial literacy, motivasi investasi, risk perception, overconfidence, loss aversion, dan herding behavior adalah variabel independen dan keputusan investasi adalah variabel dependen. Sampel dalam penelitian ini adalah mahasiswa sebanyak 70 orang. Teknik analisis data menggunakan analisis regresi linier berganda untuk menguji hipotesis penelitian. Temuan penelitian ini menunjukkan bahwa semua variabel secara simultan berpengaruh terhadap keputusan investasi. Secara parsial hanya variabel overconfidence dan herding behavior yang berpengaruh signifikan terhadap keputusan investasi mahasiswa. Variabel lain tidak memiliki cukup bukti daalam mempengaruhi keputusan investasi.
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[26] D. Ayu Wulandari And R. Iramani, “Studi Experienced Regret, Risk Tolerance, Overconfidance Dan Risk Perception Pada Pengambilan Keputusan Investasi Dosen Ekonomi,” J. Bus. Bank., Vol. 4, No. 1, Pp. 55–66, 2014, Doi: 10.14414/Jbb.V4i1.293.
[27] I. W. Rona And N. K. Sinarwati, “Pengaruh Herding Bias Dan Overconfidence Bias Terhadap Pengambilan Keputusan Investasi,” Stud. Akunt. Dan Keuang. Indones., Vol. 4, No. 2, Pp. 104–130, 2021, Doi: 10.21632/Saki.4.2.104-130.
[2] N. Aini, L. Syafitri, And T. Wijaya, “Pengaruh Literasi Keuangan Dan Faktor Demografi Terhadap Keputusan Investasi Di Pasar Modal. Studi Kasus Karyawan Pt. Semen Baturaja (Persero) Tbk,” J. Ilmu Manaj., 2016.
[3] D. J. Matruty, J. D. Borolla, And E. Regar, “Determinan Keputusan Mahasiswa Dalam Berinvestasi,” J. Apl. Kebijak. Publik Bisnis, Vol. 2, No. 2, Pp. 330–349, 2021.
[4] N. M. D. Rasuma Putri And H. Rahyuda, “Pengaruh Tingkat Financial Literacy Dan Faktor Sosiodemografi Terhadap Perilaku Keputusan Investasi Individu,” E-Jurnal Ekon. Dan Bisnis Univ. Udayana, Vol. 9, P. 3407, 2017, Doi: 10.24843/Eeb.2017.V06.I09.P09.
[5] V. Fatimah And M. Trihudiyatmanto, “Faktor Determinan Keputusan Investasi : Literasi Keuangan, Perilaku Keuangan Dan Sosiodemografi,” J. Manag. Accounting, Econ. Bus., Vol. 02, No. 02, Pp. 39–53, 2021.
[6] B. Salerindra, “Determinan Keputusan Investasi Mahasiswa Pada Galeri Investasi Perguruan Tinggi Di Surabaya Dan Malang,” J. Ilmu Manaj., Vol. 8, No. 1, Pp. 157–173, 2020.
[7] T. Duha, Perilaku Organisasi. Yogyakarta: Deepublish, 2016. [Online]. Available: Https://Books.Google.Co.Id/Books?Id=4jjodqaaqbaj&Printsec=Frontcover&Hl=Id#V=Onepage&Q&F=False
[8] R. Hening Karatri, F. Faidah, And N. Lailyah, “Determinan Minat Generasi Milenial Dalam Investasi Pasar Modal Di Masa Pandemi Covid-19,” J. Ilm. Manaj. Dan Bisnis, Vol. 6, No. 2, Pp. 35–52, 2021, Doi: 10.38043/Jimb.V6i2.3193.
[9] B. Weiner, “Attribution Theory,” International Encyclopedia Of Education, No. January 2010. 2010. Doi: 10.1002/9780470479216.Corpsy0098.
[10] G. A. S. Suaputra, I. Suparlinah, And Sujono, “Pengaruh Pengetahuan Pasar Modal , Persepsi Risiko Investasi , Perilaku Mahasiswa Berinvestasi Di Pasar Modal (Studi Empiris Pada Galeri Investasi Di Purwokerto),” J. Ilm. Akunt., Vol. 19, No. 1, Pp. 70–89, 2021.
[11] M. Khairul, “Pengaruh Pengetahuan Investasi, Persepsi Return, Dan Motivasi Investasi Terhadap Minat Investasi Pada Galeri Investasi Syariah Bursa Efek Indonesia Iain Batusangkar,” J. Ilm. Indones., Vol. 5, No. 6, Pp. 120–128, 2020.
[12] R. C. Pajar And A. Pustikaningsih, “Pengaruh Motivasi Investasi Dan Pengetahuan Investasi Terhadap Minat Investasi Di Pasar Modal Pada Mahasiswa Fe Uny,” J. Profita, Vol. 1, No. 2, Pp. 1–16, 2017.
[13] A. Rahmayanti, A. L. Safitri, F. Minata, And Sugiyanto, “Pengaruh Risiko, Return, Dan Perekonomian Indonesia Terhadap Keputusan Berinvestasi Saham Saat Covid-19,” In Humanities, Management And Sciene Proceeding 2021 Website., 2021, Vol. 1, No. 2, Pp. 26–45.
[14] L. A. Safitri And Y. Rachmansyah. D, “Pengaruh Herding, Pendapatan Dan Usia Terhadap Keputusan Investasi Pada Emas (Studi Kasus Pada Pt. Pegadaian (Persero) Di Kota Semarang),” Fokus Ekon., Vol. 16, No. 1, Pp. 1–19, 2018.
[15] A. E. Sihotang And T. K. Pertiwi, “Stock Investment Decision Analysis On Investors In Surabaya,” Balanc. J. Ekon., Vol. 17, No. 1, Pp. 42–54, 2021.
[16] N. A. Addinpujoartanto And S. Darmawan, “Pengaruh Overconfidence , Regret Aversion , Loss Aversion , Dan Herding Bias Terhadap Keputusan Investasi Di Indonesia .,” J. Ris. Ekon. Dan Bisnis, Vol. 13, No. 3, Pp. 175–187, 2020.
[17] V. Ricciardi, “What Is Behavioral Finance?,” Ssrn Electron. J., 2000, [Online]. Available: Https://Doi.Org/10.2139/Ssrn.988342
[18] Z. Bodie, A. Kane, And A. Marcus, Manajemen Portofolio Dan Investasi, 9th Ed. Jakarta: Salemba Empat, 2016.
[19] S. Kumar And N. Goyal, “Behavioural Biases In Investment Decision Making – A Systematic Literature Review,” Qual. Res. Financ. Mark., Vol. 7, No. 1, Pp. 88–108, 2015, Doi: 10.4324/9781315619859-7.
[20] Khairunizam And Y. Isbanah, “Pengaruh Financial Literacy Dan Behavioral Finance Factors Terhadap Keputusan Investasi (Studi Terhadap Investor Saham Syariah Pada Galeri Investasi Syariah Uin Sunan Ampel Surabaya),” J. Ilmu Manaj., Vol. 7, No. 2, Pp. 516–528, 2019.
[21] A. Kelly, T. Williams, B. S. Matthies, And J. B. Orris, “Improving Financial Information Literacy In Introduction To Financial Accounting,” J. Learn. High. Educ., Vol. 6, No. 2, Pp. 71–86, 2010, [Online]. Available: Http://Works.Bepress.Com/Cgi/Viewcontent.Cgi?Article=1003&Context=Richard_Mcgowan#Page=51%5cnhttp://Digitalcommons.Butler.Edu/Cgi/Viewcontent.Cgi?Article=1076&Context=Cob_Papers
[22] S. P. Robbins And T. A. Judge, Organizational Behavior, 15th Ed. New Jersey: Prentice Hall, 2013.
[23] A. K. Wardani And L. Lutfi, “Pengaruh Literasi Keuangan, Experienced Regret, Risk Tolerance, Dan Motivasi Pada Keputusan Investasi Keluarga Dalam Perspektif Masyarakat Bali,” J. Bus. Bank., Vol. 6, No. 2, Pp. 195–214, 2019, Doi: 10.14414/Jbb.V6i2.996.
[24] S. D. Safitri And D. I. Purnamasari, “Research Article The Impact Of Financial Literacy , Financial Behavior , And Financial Motivation On Students ’ Investment Decision,” Int. J. Curr. Res., Vol. 13, No. 11, Pp. 5–8, 2021.
[25] N. S. N. Ainia And L. Lutfi, “The Influence Of Risk Perception, Risk Tolerance, Overconfidence, And Loss Aversion Towards Investment Decision Making,” J. Econ. Business, Account. Ventur., Vol. 21, No. 3, Pp. 401–413, 2019, Doi: 10.9770/Jssi.2020.9.3(7).
[26] D. Ayu Wulandari And R. Iramani, “Studi Experienced Regret, Risk Tolerance, Overconfidance Dan Risk Perception Pada Pengambilan Keputusan Investasi Dosen Ekonomi,” J. Bus. Bank., Vol. 4, No. 1, Pp. 55–66, 2014, Doi: 10.14414/Jbb.V4i1.293.
[27] I. W. Rona And N. K. Sinarwati, “Pengaruh Herding Bias Dan Overconfidence Bias Terhadap Pengambilan Keputusan Investasi,” Stud. Akunt. Dan Keuang. Indones., Vol. 4, No. 2, Pp. 104–130, 2021, Doi: 10.21632/Saki.4.2.104-130.
Published
2023-05-13
Section
Artikel
The Authors submitting a manuscript do so on the understanding that if accepted for publication, copyright of the article shall be assigned to Jurnal Ilmu Ekonomi & Sosial and Faculty of Ekonomi, Musamus University as publisher of the journal.
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