ICTACT Journal on Management Studies

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

The Effect of Self Motivation Become an Investors in Sharia Capital Markets


Affiliations
1 Department of Master of Business Administration, IAIN Pontianak, Indonesia
2 Department of Economics, IAIN Pontianak, Indonesia
     

   Subscribe/Renew Journal


This research is motivated by the phenomenon of the still low level of public literacy about investment in the Islamic capital market. Therefore, the Indonesia Stock Exchange continues to educate and socialize the capital market to attract the interest of the general public to students. Gradual education is expected to build people’s motivation to invest and become investors in the Islamic capital market. This research is the development of knowledge from previous studies. The research method used in this research is purposive sampling method. The population in this study were all students of the Pontianak State Islamic Institute, with 100 respondents as the sample. The results of this study prove that (1) the results of the t test prove that intrinsic motivation partially has a significant effect on student interest in becoming investors in the sharia capital market, this is evidenced by the t value of 4.490>t table which is 1.66 and the significant level below 0.05 that is equal to 0,000. (2) The results of the t test prove that extrinsic motivation partially has no significant effect on the interest of students to become investors in the sharia capital market, this is evidenced by the value of t count at 2.29>t table which is 1.66 and the significant level above 0.05 is equal to 0.017. (3) F test results prove that the independent variable has an influence on the dependent variable. This is evidenced by the value of sig. A total of 0,000 is less than 0.05.

Keywords

Interest, Intrinsic Motivation, Extrinsic Motivation, and Sharia Capital Market.
Subscription Login to verify subscription
User
Notifications
Font Size

  • Ahmad Dahlan Malik, “Analysis of Factors Affecting Maysrakat’s Interest in Investing in the Islamic Capital Market Through the UISI Investment Gallery”, Journal of Economics and Business Islamic, Vol. 3, No. 1, pp. 64-84, 2017.

  • Riska Suci Lestari, “Understanding Population and Samples and Sampling Techniques”, Available at: http://definisipengertian.net/pengertian-populasi-definisi-sample-teknik-sampling/

  • Baharuddin, “Paradigma Psikologi Islami”, Student Literature Publisher, 2004.

  • Bruno S. Frey, “Motivation Crowding Theory: A Survey Of Empirical Evidence”, Journal of Economic Surveys, Vol. 15, No. 5, pp. 589-611, 2000.

  • Emily R. Lai, “Motivation: Literature Review”, Research Report, Pearson, 2011.

  • Sarina Alwi, “Customer Motivation Against Gold Pawn Financing at Bone Syariah Bank Branch”, PhD Dissertation, Department of Islamic Economics and Business, Alaudin State Islamic University, 2017.

  • Hamzah Uno, “The Theory of Motivation and Measurement”, Jakarta: Bumi Aksara Publication, 2007.

  • Imam Ghozali, “Multivariate Analysis Application with IBM SPSS 21”, Semarang: Diponegoro University Publishing Agency, 2013.

  • Ita Nurcholifah, “Marketing Management”, Stain Pontianak Press, 2012.

  • I.D. Katz, “Interest as a Motivational Resource: Feedback and Gender Matter, but Interest the difference”, Social Psychology of Education, Vol. 9, No. 1, pp. 27-42, 2006.

  • Makmun Khairani, “Learning Psychology”, Yogyakarta Aswaja Indo Press, 2013.

  • Khairunissa, “Motivation of IAIN Islamic Banking Students in Pontianak to Save at Bank Syariah Academic Year 2013/2014”, UB Press, 2016.

  • Kusmawati, “The Effect of Motivation on Interest in Investing in Capital Markets with Understanding Investments and Ages as a Moderate Variable”, Journal of Economic and Accounting Information, Vol. 1, No. 2, pp. 103-117, 2011.

  • Kotler, Philip and Gary Armstrong, “Principles of Marketing”, 12th Edition, Erlangga Publisher, 2008.

  • J Kumari, “Motivation of Studying Investment Behaviour of Retail Investors of Ranchi in Indian Stock Market”, PhD Dissertation, Department of Management, ICFAI University, 2017.

  • D.B. Lucas and S.H. Britt, “Advertising Psychology and Research”, McGraw-Hill, 1950.

  • Masri Situmorang Andreas and Riska Natariasari, “The Effect of Motivation on Interest in Investing in Capital Markets with Investment Understanding and Age as a Moderate Variable”, Situmorang, Vol. 1, No. 2, pp. 1-14, 2014.

  • N.J. Setiadi, “Consumer Behavior: A Contemporary Perspective on the Motives, Goals and Desires of Consumers”, Kencana Prenada Media, 2010.

  • R. Mahmudah, “Effect of Internal Factors and Internal Factors against Purchase Decisions in Minimarket LIMA-LIMA Benowo Surabaya”, PhD Dissertation, Department of Economics, State University of Surabaya, 2017.

  • Rizki Chaerul Pajar, “The Effect of Investment Motivation and Investment Knowledge on Investment Interest in Capital Markets”, Master Thesis, Department of Economics, Lumbung Pustaka University, 2018.

  • Tatik Suryani, “Consumer Behavior in the Internet Era: it’s Implications in Marketing Strategies”, Graha Sciences: Yogyakarta Publisher, 2013.


Abstract Views: 198

PDF Views: 0




  • The Effect of Self Motivation Become an Investors in Sharia Capital Markets

Abstract Views: 198  |  PDF Views: 0

Authors

Muhammad Syaifullah
Department of Master of Business Administration, IAIN Pontianak, Indonesia
Mita Aprianti
Department of Economics, IAIN Pontianak, Indonesia

Abstract


This research is motivated by the phenomenon of the still low level of public literacy about investment in the Islamic capital market. Therefore, the Indonesia Stock Exchange continues to educate and socialize the capital market to attract the interest of the general public to students. Gradual education is expected to build people’s motivation to invest and become investors in the Islamic capital market. This research is the development of knowledge from previous studies. The research method used in this research is purposive sampling method. The population in this study were all students of the Pontianak State Islamic Institute, with 100 respondents as the sample. The results of this study prove that (1) the results of the t test prove that intrinsic motivation partially has a significant effect on student interest in becoming investors in the sharia capital market, this is evidenced by the t value of 4.490>t table which is 1.66 and the significant level below 0.05 that is equal to 0,000. (2) The results of the t test prove that extrinsic motivation partially has no significant effect on the interest of students to become investors in the sharia capital market, this is evidenced by the value of t count at 2.29>t table which is 1.66 and the significant level above 0.05 is equal to 0.017. (3) F test results prove that the independent variable has an influence on the dependent variable. This is evidenced by the value of sig. A total of 0,000 is less than 0.05.

Keywords


Interest, Intrinsic Motivation, Extrinsic Motivation, and Sharia Capital Market.

References