The Determinant of Minimum Capital Policy, Motivation, Risk, Benefits, and Knowledge on Investment Decisions of MSMEs in Central Lombok

Penulis

  • Baiq Dewi Sulistiani Faculty of Economic and Business, University of Mataram
  • Tri Hanani Faculty of Economic and Business, University of Mataram

Kata Kunci:

Investment decision, knowledge, motivation, dan risk

Abstrak

Investment decisions have a significant impact on the steps that potential investors will take, particularly in relation to the research object, namely MSMEs. This study aims to determine the influence of minimum capital policies, motivation, risk, benefits, and knowledge on investment decisions. Primary data was collected through online questionnaires distributed to 121 MSMEs in Central Lombok and analyzed using multiple linear regression (PLS-SEM). The results show that motivation, risk, and benefits have a positive influence on investment decisions among MSMEs in Central Lombok. These findings are crucial for understanding the factors related to investment decisions in Indonesia. This research provides significant insights for policymakers in making decisions about investor behavior and identifying the factors influencing investment decisions of MSMEs in Central Lombok, and it is hoped that this research can make a significant contribution to the development of policies that support the growth of MSMEs in the region.

Referensi

Ardiana, T. E., Sugianto, L. O., & Chamidah, S. (2020). the Influence of Minimum Investment Capital, Risk Perception of Students Investment in Indonesia Capital Market. International Journal of Economics, Business and Accounting Research (IJEBAR), 4(03), 313–323. doi:10.29040/ijebar.v4i03.1248

Aristi, S. T. U. W. R. M. D. (2022). The Effect Of Financial Literacy, Investment Motivation and Financial Behavior On Investment Interest. International Journal of Trends in Accounting Research, 3(Vol. 3 No. 2 (2022): International Journal of Trends in Accounting Research (IJTAR)), 121–126. Retrieved from https://adaindonesia.or.id/journal/index.php/ijtar/article/view/412/294

Asnahwati, & Maswir, M. (2021). Analisis Tingkat Literasi Pasar Modal dan Minat Mahasiswa dalam Berinvestasi Saham Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia (BEI). Jurnal Daya Saing, 7(2).

Berliana, B., Ari Ambarwati, S. D., & Yacobus, A. (2022). Determinants Of Capital Market Investment Interest In The Millenial Generation In The Covid-19 Pandemic. International Journal of Economics, Business and Accounting Research (IJEBAR), 6(2), 775–787. doi:10.29040/ijebar.v6i2.5525

Ermawati, N., Khotimah, T., & Nindyasari, R. (2019). Faktor-Faktor Yang Mempengaruhi Usaha Mikro Kecil Menengah (UMKM) Dalam Pengambilan Keputusan Investasi Studi Kasus Pada UMKM Batik Tulis Lasem. Prosiding SENDI_U 2019, 2019, 547–552.

Faidah, F., Puspita, G., Vikha, R., & Asri, I. (2020). Analisis Keputusan Investasi Pelaku UMKM di Kudus. Jurnal Ekonomi Dan Bisnis, 21(1), 1–11.

Firdaus, R. A., & Ifrochah, N. (2022). Pengaruh Pengetahuan Investasi Dan Motivasi Investasi Terhadap Minat Investasi Mahasiswa Politeknik Keuangan Negara Stan Di Pasar Modal. Jurnal Keuangan Negara Dan Kebijaakn Publik, 2(1), 16–28.

Fitriyah, A., & Barokah, S. (2021). Analysis of Factors Affecting Public Interest in Investing in the Capital Market. Islamic Accounting Journal, 1(1), 50–63. Retrieved from https://e-journal.iainsalatiga.ac.id/index.php/iaj/article/view/5504

Ghozali, I. (2023). Partial Least Square Smart PLS 4.0. Bab III Metoda Penelitian, 33–41. Retrieved from http://repository.stei.ac.id/6706/

Gudiño León., A. R., Acuña López., R. J., & Terán Torres., V. G. (2021). No 主観的健康感を中心とした在宅高齢者における 健康関連指標に関する共分散構造分析Title, 7, 6.

idx.ntb. (n.d.). investor pasar modal NTB naik 2,71%. Retrieved 1 July 2024, from https://lombokpost.jawapos.com/ekonomi-bisnis/1504806463/investor-pasar-modal-ntb-naik-271-persen?page=2

Indonesia Central Securities Depository. (2024). Statistik Pasar Modal Indonesia. Publikasi PT Kustodian Sentral Efek Indonesia, 1–7. Retrieved from https://www.ksei.co.id/publications/demografi_investor

Infokum, J. (2022). STUDENTS ’ INTEREST IN INVESTING IN THE CAPITAL MARKET, 10(5), 1227–1243.

Kek.go.id. (n.d.). kek mandalika. Retrieved 25 October 2023, from https://kek.go.id/id/investment/distribution/kek-mandalika

Klaudia, S., Rohmah, T. N., Devi, Y. V., & Ayu, C. R. L. (2018). Menakar Pengaruh Risiko, Return, Pemahaman Investasi, dan Modal Investasi Terhadap Minat UMKM dalam Memilih Jenis Investasi. Jurnal Penelitian Teori & Terapan Akuntansi (PETA), 3(1), 109–124. doi:10.51289/peta.v3i1.339

Kompas.com. (2020). Jumlah Investor Pasar Modal Indonesia Masih Tertinggal dari Singapura dan Malaysia. Retrieved 25 October 2023, from https://money.kompas.com/read/2020/10/22/103000226/jumlah-investor-pasar-modal-indonesia-masih-tertinggal-dari-singapura-dan

Kurniawan, N., & Mawardi, W. (2017). Analisis pengaruh profitabilitas keputusan investasi keputusan pendanaan dan kebijakan dividen terhadap nilai perusahaan. Diponegoro Journal of Management, 6(2), 1–11. Retrieved from https://ejournal3.undip.ac.id/index.php/djom/article/view/17491

Marfuah, M., & Anggini Asmara Dewati. (2021). Determinan Minat Mahasiswa Berinvestasi Pada Pasar Modal. Akurasi : Jurnal Studi Akuntansi Dan Keuangan, 4(1), 45–60. doi:10.29303/akurasi.v4i1.71

Naldi, G. A., & Muljaningsih, S. (2022). Pengaruh Motivasi, Persepsi Risiko, Pengetahuan terhadap Investasi pada UMKM melalui Platform Securities Crowdfunding. Islamic Economic and Finance in Focus, 1(1), 50–60.

Oktary, B. F., Ramashar, W., & Suci, R. G. (2021). Faktor yang Memengaruhi Minat Mahasiswa Berinvestasi di Pasar Modal Melalui Galeri Investasi di Pekanbaru. Prosiding Seminar Nasional Ekonomi, Bisnis & Akuntansi, 1, 39–52.

Prabowo, K. S., Nurdiwaty, D., Kurniawan, A., Kediri, K., Java, E., & Information, A. (2023). Kilisuci International Conference on Economic & Business Vol. 1 No. 1, 2023 The Effect of Investment Knowledge, Investment Risk, and Pocket Money on Interest in Investing in the Capital Market, 1(1), 260–263.

Pradnyani, N. D. A., Pramitari, G. A. A., Akuntansi, J., & Bali, P. N. (2019). Fasilitas Online Trading dan Modal Minimal Investasi pada Minat Investasi Mahasiswa. Jurnal Bisnis Dan Kewirausahaan, 15(3), 168–174.

Rahayu, E. P., & Khoirudin, R. (2023). Analisis Minat Mahasiswa dalam Berinvestasi Saham di Pasar Modal Analysis of Student Interest in Investing Stocks in the Capital Market, 14(28), 141–150.

Rozak, A., Waspada, I., & Sari, M. (2022). Analysis of Minimum Capital, Risk, and Knowledge in Affecting Students’ Interest in Investing with Moderated Income in Indonesian Capital Market. Proceedings of the 6th Global Conference on Business, Management, and Entrepreneurship (GCBME 2021), 657(Gcbme 2021), 81–87. doi:10.2991/aebmr.k.220701.018

Sahputra, H., Juanidi, A., & Putra, M. A. (2020). Faktor-Faktor yang Mempengaruhi Minat Mahasiswa untuk Berinvestasi di Pasar Modal. Jurnal Ilmiah Akuntansi Manajemen & Ekonomi Islam, 3(2), 111–120. Retrieved from https://journal.ummat.ac.id/index.php/semnaslppm/article/view/9644

Susanti, S., Hasan, M., & Ihsan Said Ahmad, M. (2018). Faktor-Faktor Yang Mempengaruhi Minat Mahasiswa Berinvestasi Di Galeri Investasi Universitas Negeri Makassar. Prosiding Seminar Nasional Pendidikan Ekonomi 2018, ISBN 978-602-60061-2-7.

Syaputra, A., & Aslami, N. (2022). Pengaruh Pengetahuan Investasi Di Pasar Modal Terhadap Minat Berinvestasi Mahasiswa. Journal Of Social Research, 1(3), 163–168. doi:10.55324/josr.v1i3.51

Tahu, G. P. (2020). INVESTMENT MANAGEMENT LECTURE , CAPITAL MARKET TRAINING AND INVESTMENT STUDENTS INTEREST : COMBINATION OF CAPITAL MARKET THEORY AND PRACTICE, 29(7), 2249–2253.

Taufiqoh, E., Nur, D., & Junaidi. (2019). Pengaruh Norma Subjektif, Motivasi Investasi, Pengetahuan Investasi, Persepsi Return dan Literasi Keuangan Terhadap Minat Mahasiswa Berinvestasi Saham Di Pasar Modal (Studi Empiris Pada Mahasiswa Akuntansi FEB UNISMA dan UNIBRAW Di Malang). E-Jra, 08(05), 1–13.

Theodorus, F., Patricia, V. I., & Meiryani. (2023). The Influence of Financial Technology, Minimum Capital, and Financial Literacy on Student Investment Interest. E3S Web of Conferences, 426. doi:10.1051/e3sconf/202342601109

Triana, O. F., & Yudiantoro, D. (2022). Pengaruh Literasi Keuangan, Pengetahuan Investasi, dan Motivasi Terhadap Keputusan Berinvestasi Mahasiswa di Pasar Modal Syariah. SERAMBI: Jurnal Ekonomi Manajemen Dan Bisnis Islam, 4(1), 21–32. doi:10.36407/serambi.v4i1.517

Umiyati, H., Subiyanto, S., Kusumawati, Y. N., Suherman, A., Anwar, K., & Wedha, I. K. (2023). Analysis Of The Effect Of Motivation And Knowledge About Capital Market, Return, Risk And Minimum Capital On Interest To Invest In The Indonesia Stock Exchange (Case Study In The Financial Audit Board Of The Republic Of Indonesia). International Journal of Business, Economics, and Social Development, 4(3), 112–122. doi:10.46336/ijbesd.v4i3.477

Wibowo, A., & Purwohandoko. (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). Ilmu Manajemen, 7(1), 192–201. Retrieved from

Diterbitkan

2025-01-12

Cara Mengutip

Baiq Dewi Sulistiani, & Tri Hanani. (2025). The Determinant of Minimum Capital Policy, Motivation, Risk, Benefits, and Knowledge on Investment Decisions of MSMEs in Central Lombok. Proceeding International Economic Conference of Business and Accounting, 2(01), 328–343. Diambil dari https://proceeding.unesa.ac.id/index.php/iecba/article/view/3550

Artikel Serupa

1 2 > >> 

Anda juga bisa Mulai pencarian similarity tingkat lanjut untuk artikel ini.