Jurnal Ilmu Ekonomi dan Bisnis (JUKONI)
Vol. 3 No. 3 (2026): JUKONI - Oktober

Pengaruh Influencer Dan Electronic Word Of Mouth (E-WOM) Terhadap Minat Investasi Generasi Z Pada Produk Tabungan Emas Pegadaian Kanwil II Pekanbaru

Syerli Olivia Anwar (Universitas Muhammadiyah Riau)
Muhammad Syahrullah (Universitas Muhammadiyah Riau)
Rika Septianingsih (Universitas Muhammadiyah Riau)



Article Info

Publish Date
28 Aug 2026

Abstract

This study is motivated by the increasing use of social media among Generation Z, which makes digital media an important source of information about financial and investment products. This study aims to determine the partial and simultaneous effects of Influencer and Electronic Word of Mouth (E-WOM) on the investment interest of Generation Z in the Pegadaian Gold Savings product at Regional Office II Pekanbaru. A quantitative approach with a causal-associative design was employed. The population consisted of Generation Z in Pekanbaru City who use social media and are aware of the Pegadaian Gold Savings product. A total of 102 respondents were selected using the Slovin formula with a 10% margin of error and purposive sampling. Data were collected through questionnaires using Google Forms and analyzed with SPSS version 25. The analysis included validity, reliability, classical assumption, multiple linear regression, t-test, F-test, and coefficient of determination tests. The results show that Influencer has a positive and significant effect on investment interest (t = 2.400; sig. = 0.018). E-WOM also has a positive and significant effect (t = 5.047; sig. = 0.000). Simultaneously, Influencer and E-WOM significantly affect investment interest (F = 68.669; sig. = 0.000). The R Square value of 0.581 indicates that the two independent variables explain 58.1% of the variation in investment interest, while the remaining 41.9% is explained by other factors outside the research model.  

Copyrights © 2026






Journal Info

Abbrev

jukoni

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ilmu Ekonomi dan Bisnis (JUKONI) menyajikan artikel-artikel penelitian di bidang ilmu ekonomi dan bisnis. Jurnal ini bertujuan untuk menjadi platform publikasi bagi akademisi, peneliti, dan praktisi yang ingin berkontribusi terhadap pengembangan teori dan praktik di sektor ekonomi dan bisnis. ...