Pengaruh Literacy Financial, Experienced Regret, dan Overconfidence Terhadap Pengambilan Keputusan Investasi Di Pasar Modal

Abstract

This study aims to determine the effect of financial literacy, experienced regret, and overconfidence on investment decision making in the capital market. Method of this study was a quantitative approach. This study used nonprobability sampling and determined the number of samples from a population using quota sampling based on certain criteria in accordance with research conducted by researchers. The determined sample was 45 respondents. Respondents criteria were all investors who actively transact at least one day several times a transaction and a maximum of once a month transactions and investors who have experienced adverse events in stock investments such as losses but are still actively transacting. This study used a Likert scale measurement. The results of this study was based on a partial test showing that financial literacy did not affect investment decision making in the capital market, while experienced regret, and overconfidence affect investment decision making in the capital market. The conclusion of this study was based on the analysis of the coefficient of determination (adjusted R2) that 47.3% of the variation in the value of investment decision making in the capital market at IAIN Langsa Investment Gallery was determined by three influential variables, namely financial literacy, experienced regret, and over-confidence. While the remaining 52.7% was explained by other variables not included in the equation above.

Analisis Faktor yang Mempengaruhi Keputusan Investasi di Pasar Modal Syariah: Studi Kasus di Kota Surabaya

“…Diantara kelima faktor tersebut faktor pembagian dividen yang mempunyai pengaruh yang sangat kuat karena memiliki nilai eigenvalue yang tinggi terhadap keputusan investasi. Penelitian oleh Budiman et al (2021), menyatakan bahwa literasi finansial, experience regret maupun kepercayaan diri berlebih berpengaruh secara signifikan atas pengambilan kebijakan berinvestasi di pasar modal. Overconfidence seorang penanam modal, membuat semakin tinggi juga pilihan investor dalam membeli saham.…”

The Role of the Baitul Mal amil agency in collecting professional zakat of civil servants in Aceh Tamiang regency

“…The type of research approach used in this research is a qualitative descriptive type (Budiman et al, 2021). The data presented in qualitative descriptives is in the form of text, because it is impossible to capture deep meaning only in the form of numbers, this is because the numbers themselves are just symbols and have no meaning in themselves.…”

“…The definition of an interview is a method used for certain tasks, trying to obtain information and verbally form respondents, to communicate directly (Nadilla et al, 2019) (Ariyanto & Chalil, 2017) (Furqani et al, 2015) (Sulistyono et al, 2022) (Budiman et al, 2021) (Budiman, 2021b) (Ati et al, 2020;Kassim et al, 2022).…”

The Impact of the covid-19 pandemic on the distribution process and the appropriate target of zakat funds in Baitul Mal, Aceh Tamiang regency

“…Documentation is a way of collecting data that produces important records related to the problem under study (Budiman et al, 2021). It is used to collect data already available in document records that serve as supporting and complementary data to primary data obtained through observation and interviews.…”