The research aimed to test how are Micro Small Medium Enterprise (MSMEs) acceptance towards financial technology fintech). The number of MSME that using fintech is still need to be maximized. MSMEs were chosen as research object due to their numerous contribution in gross domestic product (GDP). Therefore, it was considered important to understand MSME’s notion to use fintech in their business operation, which is wellknown that financial technology could give a lot of services which may improve MSMEs performance. The research adopted the technology acceptance model (TAM) theory to determine the effect of the variable perceived of usefulness and perceived ease of use on behavioral intention to use fintech services by MSME entrepreneurs. Technology acceptance model had been the most widely applied model to measure and analyze a technology's use and acceptance. The descriptive quantitative research was applied. The analysis using multiple linear regression tests on 60 respondents. Respondents were managers of MSMEs who use financial technology services in their business operations in any form. Classical assumption testing was carried out to meet the requirements of multiple linear regression analysis. The data met the criteria for multiple linear regression. The results reveal that perceived of usefulness and perceived ease of use variables simultaneously affect the behavioral intention to use financial technology services. Partially, perceived of usefulness affects behavioral intention to use, as well as the perceived ease of use affects behavioral intention to use financial technology services.
Literasi keuangan menjadi hal yang penting dewasa ini. Perkembangan dunia keuangan dengan berbagai macam instrumen keuangan yang baru membuat pengetahuan keuangan juga harus berkembang. Manajemen keuangan pribadi termasuk mengenai investasi menjadi hal yang krusial untuk dipahami, mengingat beberapa kasus terkait pengetahuan keuangan yang muncul belakangan ini. Generasi muda sebagai agen perubahan menjadi sasaran sosialisasi dan penyuluhan untuk meningkatkan literasi keuangan khususnya tentang investasi dan pasar modal. Penyuluhan dan sosialisasi dilakukan secara langsung di SMA/SMK di Gresik, efektifitas kegiatan diukur menggunakan kuesioner yang memuat indikator pemahaman investasi dan pasar modal. Pengukuran menggunakan skala likert yang kemudian skor hasilnya dibagi menjadi lima kategori tingkatan pemahaman. Berdasarkan hasil pengolahan data, diperoleh hasil bahwa pada setiap indikator pemahaman investasi dan pasar modal siswa/siswi mengalami peningkatan dengan hasil post test sebagai berikut. Pemahaman mengenai definisi investasi dan pasar modal memiliki skor tinggi (4,16), pemahaman tentang pentingnya investasi termasuk kategori sangat tinggi (4,32), pemahaman tentang sumber dana investasi tinggi (3,76), pemahaman tentang produk-produk investasi di pasar modal tinggi (3,92) dan pemahaman tentang risiko dan keuntungan investasi di pasar modal tinggi (3,96).
The objective of this study was to analyze the market reaction to the changing of capital market's tick size regulation in May 2 nd , 2016. The main goal of the regulation was to increase the capital market liquidity, then it's important to test whether there was a difference in market liquidity before and after the regulation released. The method of this study was studying with Trading Volume Activity (TVA) and abnormal return based on secondary data and also investor perception based on primary data. The secondary data consist of 65 samples of listed companies in Indonesia Stock Exchange. The primary data consist of 67 investors in Yogyakarta that were selected using purposive sampling method. The result of this study was mix, there was no difference before and after the release of regulation in TVA, but there was a difference in abnormal return. The result of investor perception shows that there was a positive response to the changing of tick size regulation. ABSTRAK Penelitian ini bertujuan untuk menganalisis reaksi pasar terhadap perubahan peraturan fraksi harga saham pada tanggal 2 Mei 2016. Tujuan utama peraturan ini adalah untuk meningkatkan likuiditas pasar modal, sehingga penting untuk menguji apakah ada perbedaan likuiditas pasar sebelum dan sesudah adanya perubahan peraturan tersebut. Metode penelitian ini adalah studi peristiwa dengan menggunakanTrading Volume Activitity (TVA) dan abnormal return pada data sekunder dan persepsi investor berdasarkan data primer. Data sekunder terdiri dari 65 sampel perusahaan terbuka di Bursa Efek Indonesia. Data primer terdiri dari 67 investor di Yogyakarta yang dipilih menggunakan metode purposive sampling. Hasil penelitian menunjukkan bahwa tidak ada perbedaan TVA sebelum dan sesudah adanya perubahan peraturan fraksi harga, namun demikian abnormal return menunjukkan adanya perbedaan sebelum dan sesudah. Hasil penelitian pada persepsi investor, menunjukkan bahwa terdapat respon positif terhadap perubahan peraturan fraksi harga.
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