MATRIK: JURNAL MANAJEMEN, STRATEGI BISNIS, DAN KEWIRAUSAHAAN
Volume 17 Nomor 2 Tahun 2023

Financial Investment Behavior of Individual Investors in Indonesia After the Revocation of the Covid-19 Policy

Thasrif Murhadi (Universitas Muhammadiyah Aceh and Head of IDX at Indonesia Stock Exchange Banda Aceh)
Ghazali Syamni (Universitas Malikussaleh)
Marzuki Marzuki (Universitas Malikussaleh)
Zamzami Zainuddin (University of Malaya)
Sari Yulis Terfiadi (Universitas Malikussaleh)



Article Info

Publish Date
08 Nov 2023

Abstract

This study explores the impact of psychological, social, and demographic aspects on individual stock investor decision-making after the revocation ofCOVID-19 in Indonesia. With the cooperation of local representatives of the Indonesian Stock Exchange, this study uses data collection approachessuch as sending questionnaires to participants. The questionnaires were sent out between the three weeks of January 2023 after President Joko Widodoannounced the lifting of social restrictions during the pandemic, and then at the end of 2022. In this way, 108 questionnaire responses were thuscollected for the study. The results showed that individual stock investor behavior gender, age, and marital status didn’t affect individual investor'sinvestment behavior. Work, education, and experience positively and significantly impact an individual investor's investment behavior. However, the revocation of social constraints negatively affects this behavior. A study finds education is the most important variable influencing equity investorbehavior. Keyword: Behavior; Covid-19; Investors; Individuals.

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Journal Info

Abbrev

jmbk

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Matrik:Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan is a scientific journal published by the Department of Management, Faculty of Economics, Udayana University which aims to publish articles of empirical and theoretical studies in the field of marketing management, finance, human resources, ...