The Influence of Investment Knowledge, Technological Advancement, Investment Motivation on Investment Interest in the Capital Market (Study on Students of the Faculty of Economics and Business, Gunung Jati University of Cirebon)

Authors

  • Ariska Nurhidayah Swadaya Gunung Jati University, Cirebon, West Java, Indonesia
  • Ghina Putri Sabilla Swadaya Gunung Jati University, Cirebon, West Java, Indonesia
  • Firman Hidayat Swadaya Gunung Jati University, Cirebon, West Java, Indonesia

DOI:

https://doi.org/10.38035/jafm.v6i3.2259

Keywords:

Investment Knowledge, Technological Advancement, Investment Motivation, Investment Interest, Capital Market

Abstract

This study aims to examine the influence of investment knowledge, technological advancements, and investment motivation on students' interest in capital market investment. The research focused on students from the Faculty of Economics and Business at Swadaya Gunung Jati University in Cirebon. A quantitative approach was employed, collecting data from 338 respondents using purposive sampling and analyzed through multiple linear regression techniques. The results indicate that investment knowledge, technological advancements, and investment motivation have a significant and positive effect on students’ investment interest, both jointly and individually. Among the three variables, investment motivation is found to be the most influential factor. These findings highlight the importance of improving financial literacy, embracing digital technologies, and fostering internal motivation to encourage greater student participation in capital market activities. This study offers useful insights for educational institutions and policymakers in designing effective strategies to promote student engagement and awareness regarding investment opportunities in the capital market.

References

Adiningtyas Silvi, & Hakim Luqman. (2021). Perspektif Hukum Mengenai Penggunaan Securities Crowdfunding pada Masa Pemulihan Ekonomi Akibat Pandemi. Jurnal Hukum Lex Generalis, 2(8), 607–626. https://doi.org/10.56370/jhlg.v2i8.103

Ainiyah, N., & Indrarini, R. (2022). Pengaruh Motivasi Investasi dan Kemajuan Teknologi terhadap Minat Berinvestasi di Reksadana Syariah pada Generasi Z Kota Surabaya. Jurnal Ekonomika Dan Bisnis Islami, 5(22), 80–94. https://journal.unesa.ac.id/index.php/jeif

Atika, S., & Nilwan, A. (2022). Pengaruh Motivasi Dan Kemajuan Teknologi Informasi Terhadap Minat Investasi Saham. Jurnal EMA, 7(1), 43. https://doi.org/10.47335/ema.v7i1.113

Br Hasibuan, C. R., Sipahutar, T. T. U., Simbolon, E. C., & Manurung, R. (2023). Pengaruh Pengetahuan Pasar Modal, Motivasi, Return Investasi dan Resiko Terhadap Minat Investasi di Pasar Modal. Owner, 7(4), 3601–3609. https://doi.org/10.33395/owner.v7i4.1671

Faridah, T. N., & Damayanti, D. (2023). Pengaruh Teknologi Informasi, Pengetahuan Investasi Dan Motivasi Investasi Terhadap Minat Investasi Mahasiswa. J-MACC?: Journal of Management and Accounting, 6(1), 57–67. https://doi.org/10.52166/j-macc.v6i1.4153

Hikmah, & Rustam, T. A. (2020). Pengetahuan Investasi, Motivasi Investasi, LiterasiKeuangan Dan Persepsi Resiko Pengaruhnya TerhadapMinat Investasi Pada Pasar Modal. SULTANIST: Jurnal Manajemen Dan Keuangan, 8(2), 131–140. https://sultanist.ac.id/index.php/sultanist

Hwihanus, & Utami, S. (2023). Pengaruh Pengetahuan Investasi, Kebijakan Modal Minimal Investasi, dan Pelatihan Pasar Modal Terhadap Minat Investasi (Studi Kasus Mahasiswa Prodi Akuntansi UNTAG Surabaya). Jurnal Manajemen Dan Akuntansi, 4(2), 64–78. https://doi.org/10.56910/gemilang.v4i2.1175

Onasie, V., & Widoatmodjo, S. (2020). Niat Investasi Generasi Milenial Di Pasar Modal. Jurnal Manajerial Dan Kewirausahaan, 2(2), 318. https://doi.org/10.24912/jmk.v2i2.7924

Ortega, S. L., & Paramita, R. A. S. (2023). Pengaruh Literasi Keuangan , Kemajuan Teknologi, Investasi Di Pasar Modal (Studi Pada Mahasiswa Sebagai Investor Saham Di Kota Surabaya). Sibatik Journal: Jurnal Ilmiah Bidang Sosial, Ekonomi, Budaya, Teknologi, Dan Pendidikan, 2(2), 709–726.

Prihatin, K. S. (2022). Pengaruh Persepsi Mahasiswa Tentang Investasi Terhadap Minat Berinvestasi Saham Di Pasar Modal. Progress: Jurnal Pendidikan, Akuntansi Dan Keuangan, 5(1), 18–36. https://doi.org/10.47080/progress.v5i1.1438

Reviandani, W. (2023). Pengetahuan Investasi Memediasi Pengaruh Pepresepsi Return Dan Risiko Terhadap Minat Investasi Mahasiswa. Jurnal Manajerial, 10(02), 377. https://doi.org/10.30587/jurnalmanajerial.v10i02.5523

Saiang, H., Regita, T., Indahsari, Y., Rahmasari, M., & Fitriani, E. (2022). Pengaruh Influencer Saham Terhadap Minat Investasi Generasi Milenial Pada Pasar Modal. JIMEK?: Jurnal Ilmiah Mahasiswa Ekonomi, 5(1), 37–45.

Sunatar, B., Hendra, M., & Suharmoko, S. (2023). Pengaruh Pengetahuan Investasi dan Motivasi Investasi Terhadap Minat Berinvestasi Di Pasar Modal Syariah Pada Mahasiswa Prodi Ekonomi Syariah IAIN Sorong. POINT: Jurnal Ekonomi Dan Manajemen, 5(1), 31–45. https://doi.org/10.46918/point.v5i1.1520

Tiara Rachmasari Safina, & Abdul Aris Muhammad. (2023). Pengaruh Kemajuan Teknologi, Pengetahuan Investasi, Return, Risiko Dan ModalMinimal Terhadap Minat Mahasiswa Berinvestasi. Management Studies and Entrepreneurship Journal, 4(6), 8382–8394. http://journal.yrpipku.com/index.php/msej

Tri Cahya, B., & Ayu Kusuma, N. W. (2019). Pengaruh Motivasi dan Kemajuan Teknologi Terhadap Minat Investasi Saham. Jurnal Ilmu Ekonomi Dan Keislaman, 7, 192–207.

Utami, Y. (2023). Uji Validitas dan Uji Reliabilitas Instrument Penilaian Kinerja Dosen. Jurnal Sains Dan Teknologi, 4(2), 21–24. https://doi.org/10.55338/saintek.v4i2.730

Wardani, D., & Komara, E. (2018). Faktor Pengaruhi Minat Mahasiswa dalam Berinvestasi di Pasar Modal. Jurnal Ekonomi, Manajemen Dan Perbankan (Journal Of Economics, Management And Banking), 4(3), 113. https://doi.org/10.35384/jemp.v4i3.208

Yuliati, R., Amin, M., & Anwar, S. A. (2020). Pengaruh Motivasi Investasi, Modal Minimal Investasi, Pengetahuan Investasi, Dan Return Investasi Terhadap Minat Investasi Di Pasar Modal. Journal of Physics A: Mathematical and Theoretical, 9(3), 32–48.

Published

2025-08-17

How to Cite

Nurhidayah, A., Putri Sabilla, G., & Hidayat, F. (2025). The Influence of Investment Knowledge, Technological Advancement, Investment Motivation on Investment Interest in the Capital Market (Study on Students of the Faculty of Economics and Business, Gunung Jati University of Cirebon). Journal of Accounting and Finance Management, 6(3), 1529–1538. https://doi.org/10.38035/jafm.v6i3.2259

Similar Articles

<< < 2 3 4 5 6 7 8 9 10 11 > >> 

You may also start an advanced similarity search for this article.