Interests Of Investors Research Articles

PENGARUH INVESTMENT DECISION, PROFITABILITY, DAN FAKTOR LAIN TERHADAP FIRM VALUE

The increasing performance of the firm is one of the interests of investors in investing. The value of a firm is reflected in its share price which continues to increase in the long term. The higher the share price, the higher the firm value. The purpose of this study is to obtain empirical evidence about the effect of dividend policy, investment decision, leverage, profitability, firm size, current ratio, managerial ownership, and total assets turnover on firm value. The object of this study are consumer cyclicals and non-cyclicals companies listed on the Indonesia Stock Exchange from year 2020 until year 2022. The selection sample in this study used purposive sampling method with a total 105 data samples used. This study used a multiple regeression in analyzing the data. The results of this study indicate that leverage, profitability, investment decision, and managerial ownership affect firm value. Leverage has a positive effect on firm value, the use of debt as a source of funding can optimize the company's operational activities to obtain the benefits that the company wants to achieve so that it can increase the firm value. Profitability has a positive effect on firm value, high level of profitability will attract investors to invest so that it can increase the firm value. Investment decision has a negative effect on firm value, inappropriate investment decisions can affect the development of a company’s business so that can reduce investor confidence and decrease the firm value. Managerial ownership has a negative effect on firm value, high managerial ownership will make management make decisions only to prosper the interests of management in decision making, so that investors do not have maximum control and decrease the firm value. Meanwhile, the dividend policy, firm size, current ratio, and total assets turnover have no effect on firm value.

Determinan of Invesments Interest in Sharia Digital Mutual Funds Among Generation Z In Langsa City

Generation Z faces a series of challenges, including limited financial resources, yet the demographic of investors in the Indonesian capital market is predominantly composed of Generation Z, including in Langsa City. This research aims to uncover determinants, including the influence of factors such as investment knowledge, celebrity endorsement, and word of mouth, on the investment interest of Generation Z in Langsa City in Shariah digital mutual funds. This study employs quantitative research methods, collecting data through a questionnaire with a sample of 110 respondents and analyzing it using the SPSS application with multiple linear regression. The t-test results indicate that the investment knowledge factor has a t-value of 5,894, surpassing the t-table value 1.659, with a significance level of 0.000 ≤ alpha 0,05, thus accepting H1. The t-value for the celebrity endorsement factor is 3,705, exceeding the t-table value of 1.659, with a significance level of 0,000 ≤ alpha 0,05, accepting H2. The t-value for word of mouth is -0,269, surpassing the t-table value of 1.659, with a significance level of 0,788 ≤ alpha 0,05, rejecting H3. Therefore, the results of this study indicate that investment knowledge and celebrity endorsement significantly influence the investment interest of Generation Z in Langsa City in Shariah digital mutual funds. At the same time, word of mouth does not significantly impact.

Old age care fund helps to manage their funds In easy way

Abstract: A Old Age Care Funds is a sort of investment vehicle in which the combined capital of several participants is used to purchase a diverse range of bonds, equities, and other securities. Funds, which are professionally managed, give people the chance to invest in a variety of assets without having to handle them themselves. The value of the Fund shares that investors purchase varies according to how well the underlying assets perform. Funds are well-liked by both rookie and seasoned investors because they offer diversity, liquidity, and expert management. Diverse mutual fund categories, such as stock, bond, money market, and hybrid funds, are available to suit varying investment goals and risk tolerances. Investors can select funds according to their risk tolerance, time horizon, and financial objectives. Securities regulators supervise mutual funds to maintain transparency and safeguard the interests of investors. They are now an essential instrument for people to develop a diversified investment portfolio and engage in the financial markets. Old Age Care Fund portfolio analysis is an important component of investment management that includes a variety of approaches for evaluating the performance, risk, and composition of investment portfolios. The efficient market hypothesis (EMH) states that markets are efficient and reflect all available information, making it difficult for fund managers to regularly outperform the market, according to Malkiel and Fame (1970). Jensen (1968) proposed the Capital Asset Pricing Model (CAPM), which emphasizes risk-adjusted returns and the identification of alpha, which indicates a fund manager’s capacity to create excess returns above the market. IndexTerms – Python, Powet-BI, Data Analysis.

The legal basis of innovative activities in the conditions of military conflict and in the period of continuous economic recovery

The conditions for the formation of the legal basis for the implementation of innovative activities of economic entities in Ukraine in the conditions of a military conflict have been studied. The factors of the legal field of innovative activity of economic entities are defined, which include: internal factors of the legal basis of innovative activity of economic entities, which combine the legal consequences of the choice of the legal form of the organization of economic entities and a set of regulatory and legal acts of an internal nature and external factors the legal basis of the innovative activity of business entities, which are based on a complex of normative and regulatory acts of the national and international level, which determine the possibilities and limitations of making and implementing management decisions in the field of innovative activity. The high dynamics of transformations of the legal field of innovative activity of economic entities became a prerequisite for the development of a mechanism for monitoring the influence of legal factors on the course of innovative activity, the advantage of which is the possibility of adjusting management decisions based on monitoring data and controlling the effectiveness of adaptive management decisions in the field of innovation activity. The shortcomings of the existing system of regulatory and legal regulation of innovation activities in Ukraine are characterized and it is substantiated that in the post-war period, during the period of economic recovery, the tools of state regulation of the innovation sphere and the mechanisms of state support for innovative projects can be implemented for the accelerated reproduction of the production sector and the recovery of the socio-economic sphere of Ukraine. It was determined that the need to ensure a safe legal field for innovative and investment activity in Ukraine determines the need to improve the system of normative and legal regulation of innovative activity, create conditions for fair competition for innovative enterprises, and create guarantees for the protection of the interests of national and foreign investors.

FACTORS INFLUENCING INDIVIDUAL INVESTORS’ INVESTMENT DECISIONS AT THE DHAKA STOCK EXCHANGE

The goal of the study is to identify the factors affecting individual investors’ investment decisions on the Dhaka Stock Exchange (DSE). To do this, the research also looks at how accounting issues, information obtained from independent sources, financial needs, advocate recommendations, and personal reputation/company reputation compliance may all affect an investor's behavior. Data were collected from Dhaka, Bangladesh. The researcher individually delivered a standardized questionnaire to each respondent in order to collect data. There were 27 items in the survey. SPSS 26 and AMOS 24 are used to analyze the functional data from 300 surveys. The Friedman rank test is used to test the research hypotheses. The study revealed that there does appear to be some association between the factors affecting the DSE investors' decisions to invest. The researcher found that expected dividends, the stock's past performance, collecting information about firms, stock index fluctuations, interest in non-stock investment, investment diversification, obtaining borrowed funds easily, broker recommendations, family members’ opinions, friend or coworker recommendations, the company's public reputation, well-organized financial markets, and the ethics of a firm are the most crucial factors that affect individual investors' investment decisions. The results of this study will help investors comprehend the various choices they will have to make based on their current circumstances and the likely results of each choice. The research will also help the companies identify the factors that will have the biggest impact on investors' behavior in the future, which will affect future strategies and policies.

The nexus between halal industry and Islamic green finance: a bibliometric analysis

PurposeThis scholarly paper aims to explore the interconnections between the halal industry and Islamic green finance while also offering valuable insights and recommendations to various stakeholders, such as government bodies, national planning boards, financial institutions and researchers, concerning the realm of Islamic green finance.Design/methodology/approachIn total, 783 studies have been indexed in Scopus. However, within the field of economics and business, encompassing the period from 2009 to 2022, only 182 documents meet the specified criteria, which use the “halal AND industry” term from the journal source type. This study uses the VoSViewer software to comprehensively map, synthesize and analyze the available data.FindingsNotably, research endeavors dedicated to the halal industry have shown a consistent upward trend. The research encompasses five prominent thematic areas, specifically halal certification, consumers of halal products, halal food, the halal industry and the halal food industry. The findings also highlight the existence of a relationship between the halal industry and Islamic green finance, suggesting that Islamic financial institutions possess significant potential to attract investor interest in the halal industry through the application of Islamic green finance, a practice already underway in several countries worldwide.Practical implicationsThe findings of this study can serve as a valuable reference for the government and national planning board, enabling them to effectively incorporate the advancement of the halal industry in tandem with Islamic green finance as a pertinent means of funding, which holds significant relevance in attaining the Sustainable Development Goals. Moreover, finance institutions are presented with a favorable prospect to foster the growth of Islamic financial instruments, thereby bolstering their role in facilitating the development of the halal industry sector.Originality/valueThis scholarly investigation represents the inaugural bibliometric study delving into the intricate dynamics between the halal industry and Islamic green finance. Significantly, it sheds light on the profound correlation existing between these domains, thereby providing substantial evidence to substantiate their interrelatedness.

Applying Expectancy-Value Theory to Understand Investment Interest in the Young Generation

This study aims to explore the investment interest of students at Universitas Negeri Makassar (UNM) through the lens of Expectancy-Value Theory (EVT). The research examines how students' expectations and perceived value influence their interest in investing. Data were collected from a sample of UNM students, and the findings indicate that both expectancy and value have a positive and significant impact on their investment interest. This suggests that enhancing students' expectations and perceptions of the value of investment could lead to a greater interest in investing. The study employed a quantitative approach using SPSS for data analysis. The results reveal that students' investment decisions are strongly influenced by their perceptions of task difficulty, effort, behavioral attitudes, and subjective norms. Additionally, motivation and self-confidence play crucial roles in shaping their investment interest. These findings have important implications for educational strategies, highlighting the need to foster a supportive environment that builds students' confidence and enhances their understanding of the benefits of investing. By doing so, educators can encourage students to develop a stronger interest in and commitment to investment activities.

Understanding Risk Perception and Investment Decision-Making in the Context of Sustainable Development Goals: A Study of the Pakistan Stock Exchange

The major purpose of this study is to assess the Impact of Risk Perception on Investment Decision Making in Pakistan Stock Exchange. Furthermore, to get an idea that which variables and processes are more important for the investment decision making in exchange sector of Pakistan. For this research the dependent variable is investment decision making and independent variables are factors (market risk, political risk, and economic risk). This study employed a quantitative research approach, utilizing a questionnaire design to collect information. The questionnaire was structured into five sections. The sampling technique employed was random sampling, and the respondents consisted of working professionals from Islamabad who showed an interest in investments. A total of 250 respondents were contacted for data collection. Statistical analysis was conducted using SPSS software, utilizing descriptive analysis through tables and their corresponding analysis. Additionally, inferential analysis was performed using regression methods to facilitate hypothesis testing. This research finds the Impact of Risk Perception on Investment Decision Making in Pakistan Stock Exchange. The outcome of this journal can be helpful for the investment sector. It elaborates which factors for investment decision making should be focused on more to engage more potential in the stock exchange sector.

The time-frequency-quantile causal impact of Cable News-based Economic Policy Uncertainty on major assets returns

ABSTRACT After the collapse of the equity market in the early 2000s, the question of the drivers of financial assets returns preoccupied the interest of investors and policymakers in financial markets. Thus, this study explores how newly developed Cable News-based Economic Policy Uncertainty (TVEPU) predicts major assets returns using daily data from 1 January 2014 to 30 September 2023. To achieve this objective, we introduced the Rolling Windows Wavelet Quantile Granger Causality (RWWQGC) test. The empirical results show that TVEPU tends to have predictive power for SP500 across time, frequency, and quantile. The results also show that TVEPU has a strong causal impact on major financial assets returns across time, frequency, and quantile. However, the predictive power of TVEPU for the US 10-year bond, US dollar index, and Bitcoin is weak across time, frequency, and quantile. Based on these results, policy recommendations are offered.

Developing Sustainable Muslim-Friendly Tourism Village Model Through Digital Tourism: Perspective of Shari’ah Economy

Using digital technology and social media is important in advancing sustainable tourism and expanding its appeal internationally. In this regard, the digitalization program for tourist villages needs to be encouraged because it has significant prospects in increasing the number of visitors while supporting the sustainability of tourism. This study aims to discuss the development of a sustainable tourist village model through a digital tourism approach carried out in the Provinces of West Java, the Special Region of Yogyakarta, and Lampung from an Islamic economic perspective. Data were obtained through observation and questionnaire methods from primary and secondary sources. The collected data were then processed and analyzed using triangulation and SWOT techniques. The study results show that the three provinces above have good internet access, making it possible to promote tourism potential through digital platforms. In terms of opportunities, adopting the digital tourism concept can open up great potential in increasing tourist engagement and market expansion. On the other hand, the lack of information and limited Human Resources must be addressed because they can hinder marketing potential and operational effectiveness. In addition, tight competition with other tourist areas must be anticipated because it can reduce investment interest and tourist visits. The sustainable tourism village model development through an environmentally friendly tourism approach has a strong foundation from a shari’ah perspective because it is supported by the Qur’an, Hadith, and the fatwa of the DSN MUI.

The Impact of Central Bank Policy on Aspects of Bank Sharia Financial Behavior in the Money Market

Central bank policy has an important role in influencing the behavior of banks in the money market. This is important because banking movements can affect market stability and the economy as a whole. Therefore, analysis of the impact of central bank policy on bank behavior is very important to expand understanding of how monetary policy can influence the actions of banks participating in money markets. The research results show that central bank policies such as changes in interest rates, mandatory reserve policies, and market intervention have a significant impact on bank behavior. Interest rates set by the central bank can affect bank lending and investment interest, while mandatory reserve policies can affect banks' liquidity and their risk management strategies in the money market. This study also emphasizes the importance of transparency and communication from central banks in implementing policies. Clarity in policy can indirectly help in managing market expectations and help banks respond to changes in monetary policy. This research can be the basis for further research exploring how central bank policies can improve risk and liquidity management, as well as the stability of money markets and the economy. In conclusion, central bank policy has a significant impact on bank behavior in the money market, and policy communication and transparency are important factors in bank risk and liquidity management in order to maintain money market stability in the future.

Research on the Operation Mechanism and Coping Strategies of Social Networks in the Ponzi Scheme

Social network marketing is one of the most mainstream scams today. This kind of fraud deceives many investors, generates negative effects on society, and decreases people’s trust and confidence in the investment. That is the main reason for and importance of tracing the origin of this kind of scam and talking about the Ponzi Scheme. The Ponzi Scheme is a fraud that happened a century ago, and the core method was to promise investors a high-interest rate in a short period of time and use the money of new payers’ money to afford the interests of previous investors. The mechanism sounds simple and not rigorous; however, this fraud received a successful consequence and became the origin of today’s form of fraud. This form of fraud with high profits is still very popular based on the nature of people’s greed. This passage aims to introduce the relationship between social networks and the conducting of the Ponzi scheme. Also, a discussion about how people reveal and prevent the traps of that kind of fraud is included. This study shows that the model of social networks in the Ponzi Scheme is a star network, and there is a hierarchy in this model. Also, the passage concludes with suggestions for the government, firms, and individuals.

Young Generation’s Investment Motivation: Insights from a Self-Determination Theory Perspective

This study aims to understand investment motivation among students in Makassar using the Self-Determination Theory (SDT) framework. Data were collected from students through an online questionnaire and analyzed using SPSS software. The findings indicate that students' investment motivation is influenced by several key factors, including autonomous motivation, competence, social relatedness, intrinsic motivation, and commitment. The results highlight that students have a strong desire to independently manage their investment activities, feel confident in their ability to understand and engage in investment, and benefit from the support of peers, family, and community. Intrinsic motivation plays a significant role, reflecting personal satisfaction and interest in investment, while high levels of commitment suggest a strong dedication to maintaining their investment activities. Overall, the study reveals that students in Makassar exhibit a high level of investment motivation, driven by the need for autonomy, competence, and social connections. The research underscores the importance of financial literacy and social support in shaping students' investment motivation. Educational institutions and financial organizations are encouraged to collaborate in enhancing financial literacy and providing educational programs that support students' investment motivation.

Analysing the Motivation and Effect of Cross-border Mergers and Acquisitions: A Case Study of the Acquisition of YOUJIUSHIDAI by SHANGHAI ACE CO., LTD.

Under the background of globalisation and information technology revolution, cross-border mergers and acquisitions (M&A) have become a key strategy for corporate strategic transformation and market expansion. Taking the acquisition of YOUJIUSHIDAI by SACE as an example, this study adopts the methods of literature review, case study analysis and AMPS model to explore in depth the motives, effects and impacts of cross-border M&A on corporate performance. This study finds that although M&A enhances shareholder wealth in the short term, long-term profitability falls short of expectations, which is mainly limited by the lack of R&D capability and market alignment problems. This study emphasises the importance of synergies and points out that high-premium M&As may lead to goodwill impairment risk, thus affecting the financial status of the firms and the interests of shareholders, and puts forward suggestions to optimise M&A strategies and strengthen regulation, in order to protect the interests of small and medium-sized investors and to promote the healthy development of the capital market.

The Effect of Financial Literacy, Income, and Financial Behaviour on Gen-Z Investment Decisions in Bekasi Regency

Investment is now a hot topic among young people, especially among Gen-Z. This research focuses on the interest of Generation Z in Bekasi Regency towards investment and their choice of investment instruments. Through a qualitative approach using questionnaires and literature studies, it was found that Gen-Z's interest in investment is very high. The research conducted on 209 Gen-Z in Bekasi Regency aims to examine the impact of financial literacy, income, and financial behaviour on their interest in investing, as well as the investment instruments they choose. Gold emerged as their favourite investment instrument because it is easy to use and has a low risk of loss. The findings show the great potential of Gen-Z in managing finance and investment in Bekasi Regency.

Creditor Protection and Enterprise Earnings Management —A Test Based on Bond Covenants

ABSTRACT Excessive earnings management can significantly reduce the quality of accounting information, consequently harming the interests of investors and creditors. In the Chinese market, research on earnings management focuses primarily on corporate governance and external environmental viewpoints, with limited literature addressing debt governance. This paper centers on exploring the protective impact of bond covenants, revealing their inhibitory effect on both accrual and real earnings management through two potential mechanisms (agency conflicts and risk-taking). Furthermore, this study conducts a heterogeneous analysis from various perspectives, identifying how bond covenants influence earnings management in different ways and underscoring the moderating role played by underwriters. The findings offer theoretical insights for the development of a high-quality information disclosure system.

Osuuskuntien sääntely ja osuuskuntaperiaatteet

The purpose of this article is to assess how the Finnish Cooperatives Act should be devel-oped so that it would better reflect the Cooperative Principles laid down by the Internation-al Cooperative Alliance. There is much evidence showing that cooperatives are important (socio)economic actors, hence, cooperative identity needs to be preserved through legisla-tion. It is, for example, argued that the principles of one member one vote and concern for the community should be enhanced through legislation. Furthermore, equity-based financ-ing instruments that promote investor interests should not be developed further. Instead, attention should be paid to such financing methods that are better aligned with the Coop-erative Principles.

Peranan Pasar Modal Dalam Perekonomian Negara di Indonesia

This study aims to analyze the effect of investment knowledge, capital market training, minimum investment capital and risk perception on student investment interest in the capital market (study at PT Phintraco Sekuritas Branch Office Semarang). This research design is a causal applied quantitative research. The data used are primary data and secondary data. The data collection method used a questionnaire. The sampling technique used was purposive sampling technique, and the sample size was 98 respondents. Instrument trials were analyzed using validity and reliability tests. The data analysis method used is Multiple Linear Regression Analysis. The results of the t test research show that investment knowledge and risk perception have no effect on student investment interest. Capital market training and minimal investment capital affect student investment interest. The results of the F test research show that investment knowledge, capital market training, minimum investment capital and risk perception simultaneously affect student investment interest.

Transformation of Sharia Investment at IAIN Manado: Analysis of Student Interest and Impact

This study investigates Sharia investment management strategies that can increase students' interest in investing in the Sharia capital market, especially at IAIN Manado. The research method used is qualitative with secondary data analysis. The data collection process involves searching for literature related to Sharia investment management and factors that affect students' investment interest. Secondary data analyzed includes academic publications, capital market reports, and other related studies. Key results show that there is a need to improve key aspects of strategy management, such as environmental observation, strategy formulation, implementation, and evaluation and control. Factors that influence students' interest in investing include internal, social, and emotional motives. The implication of this study is the need for a holistic approach in Sharia investment management for students, with a focus on integrating more effective strategies and a deeper understanding of the factors that influence investment decisions. This study has important implications in developing a practical approach to encourage student participation in the Sharia capital market, as well as providing guidance for educational institutions and capital market participants to create an environment that supports and facilitates the Sharia investment process for students. By addressing these challenges, educational institutions and market participants can create an environment that supports Sharia-compliant investment practices among students, thereby increasing their involvement in the overall Sharia capital market.

Pengaruh Pengetahuan Investasi dan Return Saham Terhadap Minat Mahasiswa Dalam Berinvestasi di Galeri Investasi Syariah

The capital market is a meeting place for investors and issuers where one of the parties included as an investor is a student at the Faculty of Islamic Economics and Business who is expected to become an expert investor in the field of sharia capital markets. Students' investment interest is influenced by several factors, including investment literacy and stock returns. One of the capital market instruments is investment, namely capital investment carried out by a person or legal entity with the aim of increasing the value of capital. Based on the factors found, researchers are interested in researching students' interest in investing. Researchers want to know the results of the influence of the two factors, namely investment knowledge and stock returns on students' interest in investing so that it can become a benchmark for institutions, especially the Sharia Investment Gallery, in attracting investor interest, especially students of the Sharia Economics Study Program, Faculty of Islamic Economics and Business. The factors that will be used by researchers are the quality of investment knowledge and stock returns. Thus the title of this research is "The Influence of Investment Knowledge and Stock Returns on Students' Interest in Investing in the Sharia Investment Gallery". This research uses a quantitative approach with hypothetical visitors using multiple linear regression analysis methods and classical assumption testing. The sampling technique uses purposive sampling. Where the results of this research show that investment literacy influences the investment interest of students at the Islamic Economics and Business Faculty of UIN Fatmawati Sukarno, Bengkulu. Stock returns influence the investment interest of students at the Islamic Economics and Business Faculty of UIN Fatmawati Sukarno Bengkulu. Simultaneously both influence the investment interest of students at UIN Fatmawati Sukarno Bengkulu. Faculty of Economics and Islamic Business, UIN Fatmawati Sukarno Bengkulu, where the results of this research are expected to be a reference for the capital market in attracting investor interest or for students themselves in carrying out research.