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The Impact of Social Media on Investment Decision-Making: An Analytical Study Shah, Meet; Patel, Raj; Sharma, Ansh; Chauhan, Rahul; Maseleno, Andino; Isnanto, R. Rizal
Greenation International Journal of Economics and Accounting Vol. 2 No. 4 (2024): Greenation International Journal of Economics and Accounting (December 2024 - F
Publisher : Greenation Research & Yayasan Global Resarch National

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/gijea.v2i4.294

Abstract

This study investigates the influence of social media on investment decision-making, focusing on various factors such as frequency of use, preferred platforms, and perceptions of reliability. Using ANOVA analysis, the research reveals that the frequency of social media use and the belief in its reliability significantly affect investors' behaviours. Participants who use social media more frequently and trust the information sourced from it are more likely to let it guide their investment choices. However, the specific platforms and the overall belief in social media’s positive influence do not significantly affect decision-making. These findings underscore the complex role of social media in shaping investment behaviours, highlighting both its potential benefits and risks, such as the spread of misinformation. Future research could explore the credibility of different content types and the evolving landscape of social media's impact on global investment practices.
Rethinking Adaptive Governance in Living Cultural Heritage Tourism: Insights from Majapahit Tourist Village, East Java Nanita, Evio Tanti; Sharma, Ansh
Indonesian Tourism Journal Vol. 2 No. 3 (2025): November, 2025
Publisher : CV. Austronesia Akademika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69812/itj.v2i3.179

Abstract

In Indonesia, the safeguarding of living cultural heritage has been predominantly shaped by state-driven initiatives; however, the effectiveness of these top-down programs often falls short due to institutional fragmentation and limited grassroots participation. Majapahit Tourist Village in Mojokerto, East Java, established through the Majapahit Cultural House program which illustrates these persistent challenges, as numerous heritage houses have either deteriorated or been repurposed, exposing a disconnection between policy formulation and local implementation. This study investigates how adaptive governance can enhance the management of community-based cultural heritage tourism by analyzing the socio-political dynamics, local responses, and adaptive mechanisms at play within Majapahit Village. Utilizing a qualitative case study methodology, the research draws on in-depth interviews, direct observations, and policy document analysis. Through thematic analysis, the study identifies varying forms of community adaptation, spanning compliance, negotiation, and innovation that demonstrate local resilience in preserving cultural identity under socio-economic constraints. Results show that adaptive governance materializes through informal leadership, cultural entrepreneurship, and hybrid collaborations between community actors and external agencies. Nonetheless, the absence of coherent legal frameworks and insufficient financial support remain key obstacles to long-term sustainability. The study concludes that fostering adaptive governance necessitates co-management arrangements, participatory policy design, and the integration of cultural, economic, and legal considerations.