https://proceeding.unikal.ac.id/index.php/prosidingcaption <p>Prosiding Caption merupakan wadah untuk mempublikasikan artikel yang telah didiseminasikan pada Seminar Caption (Capital Market Competition) yang diselenggarakan oleh Kelompok Studi Pasar Modal (KSPM) FEB Universitas Pekalongan. Call For Papers ini merupakan lomba karya tulis ilmiah dibidang investasi umum dan pasar modal yang diadakan secara nasional pada setiap tahunnya dengan sasaran mahasiswa aktif se-Indonesia. Semua artikel yang dipublikasikan melalui prosiding ini telah melalui proses penilaian oleh para reviewer dan editor.</p> en-US [email protected] (Aulia Azzahra) Sat, 25 May 2024 00:00:00 +0000 OJS 3.1.2.1 http://blogs.law.harvard.edu/tech/rss 60 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1928 Dalam era kemajuan teknologi yang pesat saat ini, transformasi dari era tradisional ke era digital membawa dampak signifikan terutama dalam perkembangan teknologi informasi. Fenomena ini tidak hanya menciptakan perubahan dalam berbagai aspek kehidupan, tetapi juga memberikan pengaruh yang signifikan pada perkembangan instrumen pasar modal secara global. Penelitian ini bertujuan untuk menganalisis pengaruh kemajuan teknologi terhadap keputusan mahasiswa dalam melakukan investasi di pasar modal. Menggunakan metode Ordinary Least Square (OLS) dengan data primer dari survei yang dilakukan terhadap mahasiswa yang aktif bertransaksi di Galeri Investasi Universitas Muhammadiyah Yogyakarta, hasil analisis menunjukkan bahwa kemajuan teknologi memiliki dampak positif dan signifikan terhadap minat mahasiswa untuk berinvestasi di pasar modal. Temuan ini memberikan implikasi penting terkait peningkatan kemajuan teknologi dalam merangsang minat mahasiswa dalam mengembangkan portofolio investasi di pasar modal. Kesimpulan ini tidak hanya memberikan kontribusi signifikan bagi pemahaman perilaku investasi mahasiswa, tetapi juga membuka potensi pengembangan strategi pendidikan dan promosi investasi di lingkungan pendidikan tinggi yang lebih efektif dan relevan dengan perkembangan teknologi saat ini. Nauval Najib, Almun Khoiri Abubakar, Tantri Andini Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1928 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1929 The aim to be achieved in this research is to analyze and explain the direct and indirect influence between the variables Financial Literacy, Financial Efficacy, Investment Motivation, Investment Knowledge, Financial Behavior and Investment Decision Making. The population used were College students of Accounting Major of Samarinda State Polytechnic, whose data collected through sampling using purposive sampling technique and obtained a total of 294 respondents' data. The data processed through the PLS model using WarpPLS 8.0 software. Research findings show that: Financial Literacy, Financial Efficacy, Investment Knowledge, and Financial Behavior have a positive and significant effect on investment decision making. Financial Literacy, Financial Efficacy, Investment Motivation, and investment knowledge have positive and significant effect on financial behavior. Financial efficacy, investment motivation and investment knowledge have positive and significant effect on investment decision making through financial behavior variables. Lastly, financial literacy does not have significant effect on investment decision making through financial behavior variables, and motivation variables have no effect on investment decision making. The conclusion from 13 hypotheses proposed in this research, there are 11 hypotheses that have significant positive effect on financial behavior and investment decision making, while on the one hand, there are 2 hypotheses that have no effect. Key words : financial literacy, financial behavior, investment decision making Andre Syifa Nayottama, Wheny Rizqi Ana Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1929 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1930 Humans require financial literacy, particularly Investment Knowledge, to facilitate their investment decisions. However, investment decisions within the capital market aren't solely determined by the extent of investment knowledge; they are also influenced by other factors such as FoMo (Fear of Missing Out) and the illusion of control. This study aims to examine whether there is a correlation between investment knowledge, FoMo, and illusion of control with investment decisions in the capital market among students from FEB UTM. The research methodology employs a quantitative approach, utilizing a Likert scale questionnaire and multiple linear regression analysis conducted through SPSS Version 26 with a sample size of 100 respondents. The proposed hypothesis suggests that investment decisions among the sample are affected by investment knowledge, FoMo, and illusion of control. However, the findings from the t-test indicate that neither Investment Knowledge nor FoMo significantly influences investment decisions in the capital market among FEB UTM students. Conversely, the illusion of control does exhibit an impact on investment decisions in the capital market among FEB UTM students. Meanwhile, the illusion of control influences investment decisions in the capital market among FEB UTM students. Meanwhile, the results of the f Investment test, FoMo, and Illusion of Control together have a significant influence on Investment Decisions in the capital market for FEB UTM Students. Febby Dian Amalia Sari, Ghifari Robby Maulana, Lailatul Qomariyyah Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1930 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1933 Investment is an activity of managing assets in order to make profit. The number of investors in Indonesia is increased significantly. According to KSEI data on August 2023, the 80% investors come from the younger generation due to technological developments and increasing levels of financial literacy. Young generation has more risk and needs risk management to be aware their risk profile and minimize losses. Risk management are influenced by knowledge, capital, and psychological condition regarding the risk level of instruments. One method for determining the risk level is using Monte Carlo Simulation which shows the Value at Risk. Risk management is also influenced by psychological factors, like fomo. This research uses quantitative methods by calculating Value at Risk and qualitative literature studies to obtain risk profiles by comparing returns of shares, crypto, bonds, forex and mutual funds and their influence on investment decisions based on the young generation psychology. The research results stated that there are 2% of young investors have conservative risk, 20% at moderate risk, 40% at high risk, and 38% at very aggressive risk. This is in accordance with the psychological condition of the younger generation who like challenges and easily influenced by herding and anchoring behavior. Muhammad Roshikuna Fil Ilmi, Ananda Wahyu Drajat, Silvia Rahmawati Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1933 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1935 Sharia stocks have a great growth potential along with the number of Muslim investors growth, this also applies to the JII30 Index which has a high market valuation and large returns. In line with this growth, to achieve future glory, stock valuation is one of the important things for an investor in investing.There are three commonly used valuation methods, namely relative valuation, dividend discount model, and discounted cash-flow.With the three valuation methods that are often used, an investor must be able to choose what fundamental valuation to use.After conducting research on 3 stocks in JII 30, namely ADRO, ICBP, and TLKM, it was found that DDM had the highest accuracy, followed by DCF, and Relative Valuation in the last rank. Aidhil Akbar Nurdin, Diantika Ardila Shanti Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1935 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1936 In investing in stocks, Generation Z tends to be impulsive and skeptical. However, many of Generation Z want stable returns and low risk, as well as maintaining a consistent portfolio. This study aims to determine the influence of financial behavior on the preferences of Generation Z in determining the Dollar Cost Averaging (DCA) method or portfolio diversification in stock investment decisions. The research method uses a quantitative descriptive approach. The sampling technique used is non-probability sampling type purposive sampling. Due to the unlimited population, the number of samples was taken based on the Lemeshow formula and a sample of 100 people was obtained. The results showed that partial financial behavior has a significant influence on the DCA method, portfolio diversification, and Generation Z's decision to invest in stocks. Together, financial behavior, DCA, and portfolio diversification influence Generation Z's decision to invest in stocks. The influence of financial behavior on the decision of Generation Z to invest in stocks through the DCA method is not significant, and the influence of financial behavior on the decision of Generation Z to invest in stocks through the portfolio diversification method is not significant. In addition, researchers concluded that Generation Z tends to choose the portfolio diversification method in investing in stocks over the DCA method. Helga Claresta Raudina, Melisa Andriani, Celcia Gustina Maharani Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1936 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1937 In the era of rapid technological change in Indonesia, Generazi Z is increasingly literate in investment. The factors that influence them in determining investment decisions are through financial literacy, understanding of Risk Tolerance, and Herding Behaviour. Financial literacy and understanding of Risk Tolerance are expected to help Generation Z in making investment decisions. The purpose of this study is to determine and measure the influence of Financial Literacy, Risk Tolerance, and Herding Behaviour in determining investment decisions for students at universities domiciled in Jabodetabek. This research is quantitative with a sample size of 100 respondents, and the data source is collected through a questionnaire. The analysis of this study uses associative analysis techniques, outer model test, inner model, and hypothesis testing using the help of the SmartPLS 3 software program. The results of this study indicate that financial literacy and Risk Tolerance have a positive influence on decision making in investing, while Herding Behaviour has no effect on decision making in investing. Davina Putri Ardhita, Najwa Amalia Ilyas, Naila Azaria Mahardhika Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1937 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1939 Currently, the number of investors is dominated by students, but there are several challenges faced by students as investors, such as a low understanding of financial literacy, awareness of investment risk and portfolio diversification, and unclear investment goals. The purpose of this study is to determine how much influence the related variables have on students' self-efficacy in investing. Data were collected through questionnaires distributed to students who actively invest in the Jakarta area with a total of 49 respondents with 40 respondents who fit the criteria. The analysis method used is descriptive analysis and multivariate statistical analysis (SEM) using Smart PLS 3.0 software. The results showed that the variables of risk profile identification and investment objectives had a positive and significant effect on the independent variable of student self-efficacy in investing, while the portfolio diversification variable had no effect on the independent variable of student self-efficacy in investing. Salsabila Putri Nur’aini, Sevia Dwi Maidayanti, Vania Nailah Zabrina Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1939 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1940 Sandwich generation menjadi masalah yang sering dihadapi oleh kalangan anak muda sekarang karena telah meningkatnya populasi seseorang yang berada dalam kategori lansia. Berdasarkan data Badan Pusat Statistik (BPS), rasio ketergantungan terhadap usia produktif di Indonesia tercatat sebesar 44,67% pada 2022. Ini berarti ada sekitar 44-45 per 100 orang usia non-produktif di Indonesia bergantung kepada mereka yang berusia produktif. Penelitian ini berfokus pada peran dari investasi jangka panjang sebagai salah satu upaya untuk mendapatkan tujuan finansial yang sehat di masa depan serta sebagai salah satu cara untuk memutus rantai dari sandwich generation. Penelitian ini bertujuan untuk memberikan pemahaman tentang pentingnya berinvestasi sejak dini agar tidak mengalami kondisi keuangan yang tidak sehat di masa depan serta memiliki tabungan/jaminan hari tua agar tidak menjadi beban generasi selanjutnya. Penelitian ini menggunakan data primer dari penyebaran kuisioner melalui google form dengan kriteria responden tertentu dan data sekunder dari berbagai literatur dan website seperti BPS, OJK dan lain lain, Analisis data dilakukan melalui pendekatan analisis deskriptif dengan cara mengumpulkan data-data sesuai dengan yang sebenarnya kemudian data-data tersebut disusun, diolah dan dianalisis untuk dapat memberikan gambaran mengenai masalah yang ada. Hasil penelitian menunjukkan bahwa masih banyak individu yang tidak mengetahui pentingnya melakukan investasi sedini mungkin. Mereka cenderung melakukan investasi ketida berada pada usia diatas 20 tahun. Selain itu hasil dari penelitian ini juga mendapati bahwa investasi berperan penting untuk memutus rantai sandwich generation yaitu menjadi sebuah bekal bagi kesehatan finansial kita atau sebagai salah satu dana darurat ketika kita menjadi sandwich generation di masa depan. Yosi Oftasari, M. Danang Adriyanto Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1940 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1941 The objective of this research is to examine the disparity in profitability and dividend optimization for companies listed on the Indonesia Stock Exchange through the IDX Quality 30 stock index. The study involves testing variations in the profitability of companies both before and after their inclusion in the IDX Quality 30 index. The code for the IDX Quality 30 index is IDX Q30, which was first launched on August 10, 2020. The study is executed by utilizing the population encompassing profitability and dividend data extracted from the IDX Quality 30 index, one of the indices featured on the Indonesia Stock Exchange. This research constitutes a quantitative descriptive analysis employing secondary data derived from the financial reports of companies listed on the Indonesia Stock Exchange. The sampling technique employed in this study is non-probability sampling, specifically purposive sampling, focusing on companies listed in the IDX Quality30 index during the period from 2017 to 2022. The analysis of data in this study is conducted through the Wilcoxon signed-rank test, facilitated by the utilization of SPSS software. The analysis results reveal that the significance value obtained from the Wilcoxon test, denoted as Asymp. Sig (2-tailed), is greater than 0.05. Consequently, H0 is accepted, while the Ha is rejected. This suggests that there is no significant difference in the profitability and dividends of companies before and after their inclusion in the IDX Quality30 index. This suggests that considering companies listed in the IDX Quality30 index can be a viable choice for investors seeking to optimize their stock investments and maximize profits. Nabilah Yumnalloh, Siti Yubaidah, Axelliano Dinovan Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1941 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1942 Investasi pasar modal mempunyai peran penting terhadap perekonomian suatu negara. Walaupun kegiatan investasi pasar modal memiliki kontribusi besar terhadap pertumbuhan ekonomi Indonesia. Namun minat investasi masyarakat Indonesia masih rendah. Hal ini didukung oleh data Bursa Efek Indonesia (BEI) mencatat, jumlah investor di pasar modal Indonesia hanya sekitar 3,94% dari keseluruhan masyarakat Indonesia. Hal ini dikarenakan tingkat literasi investasi pasar modal masyarakat Indonesia masih rendah. Berdasarkan permasalahann tersebut maka penulis menggagas sebuah inovasi yang bernama “ Caption (Capital Market Education)”. Jenis penulisan yang digunakan di dalam karya tulis ilmiah ini adalah secara kualitatif. CAPTION merupakan platform edukasi digital berbasis Progressive Web Apps dan Stocklab Game dalam upaya meningkatkan tingkat literasi dan minat investasi pasar modal masyarakat Indonesia. Permainan stocklab game dapat meningkatkan kemampuan dalam berinvestasi. Disisi lain, platform ini juga memiliki berbagai fitur yang dapat membimbing penggunanya dalam berinvestasi pasar modal seperti fitur simulasi, video, dan mentoring. Terlebih lagi, platform ini merupakan Progressive Web Apps sehingga platform ini dapat diakses di website dan tidak harus mendownload aplikasinya di perangkat hand phone. Apabila gagasan ini dapat direalisasikan maka target Sustainable Development Goals (SDG’s) 2030 poin 8 dapat terwujud. Ahmad Hazim Fakhri , Fathurrahman Mauqi, Putri Ronadzafira Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1942 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1944 Nowdays, negative stigma is something that often occurs in society. This negative stigma certainly spreads to every existing problem. An example is investing in shares and other financial instruments which are considered to require large capital to start. By identifying the causes of stigma and strategies to overcome distrust, this scientific work outlines the role of financial literacy and education in changing public perceptions. Through case studies and an emphasis on the role of the public, this article explores concrete steps to reduce negative stigma and create a more positive investment environment. Raihan Ahmad Gumelar, Vania Sutanto, Steven Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1944 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1948 Investment is increasingly in demand by the younger generation, including university students. Given that in financial management, investment has a very important urgency for financial sustainability now and for the future. This study aims to determine the effect of the FOMO phenomenon and financial literacy on students' decisions to invest in the capital market. The research method used in this research is qualitative with data collection techniques in the form of questionnaires and literature review. The results of this study indicate that the Fomo phenomenon and financial literacy affect students' decisions to invest in the capital market. The better one's financial literacy can affect rationalization in making decisions in investing. Rasyidatunnisa, Neti Hekawati, Siti Nazila Rahma Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1948 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1950 Green economy is an economic system oriented towards enhancing economic activities from the public, private, and nonprofit sectors towards environmentally friendly and sustainable development priorities. Investment holds the key to achieving a sustainable circular economy. Political years become implicit factors causing volatile fluctuations in stock prices. The uncertainty of output and political navigation results in investor distrust in investing amid political turbulence. This research aims to examine the significance of political aspects on company performance through the perspective of the green economy, understand the potential of society to invest in political years, and efforts to implement green strategies as investment solutions. The research method used is the cumulative valuation method and econometric approach. This is done to assess company performance, the profits obtained, and to examine investor behavior in evaluating stocks in political years. The results of this research reveal that the green stock market is negatively impacted by political upheavals, but not significantly compared to conventional stock markets. Investors tend to be less conservative, thus choosing safe investment instrument assets. Almuhtada Rizal Budiman Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1950 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1943 The study examines the influence of the PieTrader website on improving investment literacy among Generation z. Despite their enthusiasm for investing, Generation Z still faces challenges due to low literacy levels. The PieTrader website, with its educational and analytical features, is expected to boost literacy and assist Generation Z in making informed investment decisions. This research employs a quantitative method with a causal design. Data was collected through questionnaires distributed to students of the Faculty of Economics and Business at Padjadjaran University. Multiple linear regression analysis was used to test the influence of the PieTrader website on investment literacy, considering the characteristics of Generation Z. Maylaffaza, Syahrani Nurmala Hasibuan Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1943 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1945 In the economy, finance is one of the important aspects needed for all economic sectors, one of which is in the Micro, Small and Medium Enterprises (MSME) sector. Financial management is an important part of overcoming economic problems. Managing finances requires good knowledge and understanding of one's own finances. Self-control is also needed in financial management. During the covid-19 pandemic, there were several MSME players in Kadilangu, Central Java who sold their shops and there were also several MSME players who could still run their businesses. This encouraged researchers to conduct research to determine the level of financial literacy and self-control in MSME players in Kadilangu, Central Java and identify financial management carried out before and after the Covid-19 pandemic. The method used in this research is qualitative, secondary data type with observation data collection techniques and unstructured interviews with one of the MSMEs in Kadilangu. The results showed that the level of literacy possessed does not affect financial management but good self-control affects financial management. Jessica Erlinda Rahmawati Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1945 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1947 This article discusses the importance of maintaining quality of life in retirement through sustainable money management. Retirement is an important life stage, and managing your finances wisely can ensure long-term financial well-being. This post outlines several strategies that can help individuals prepare well for their retirement, including careful financial planning, smart investing, and a frugal lifestyle. Through a sustainable approach to managing money, individuals can ensure that they can enjoy a comfortable retirement without financial worries. Wafa Khansa Fadhilah, Kholifia Septiana, Bentar Azizi Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1947 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1949 Inovasi dalam sektor bisnis keuangan telah menciptakan model baru, termasuk pertanyaan kontroversial mengenai pembelian menggunakan hasil pinjaman dari layanan pinjaman online (pinjol). Artikel ini mengeksplorasi perdebatan etika dan dampak ekonomi yang terkait dengan praktik ini, membahas aspek keamanan finansial dan tanggung jawab pengguna dalam memanfaatkan pinjaman pinjol untuk pembelian. Dengan menganalisis dinamika pasar dan tantangan yang muncul, artikel ini bertujuan memberikan wawasan tentang apakah membeli dari hasil pinjaman pinjol merupakan inovasi yang berkelanjutan atau potensi risiko bagi kestabilan keuangan individu. Serliya Nur Indriyani, Felsa Naqiba Hanifati Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1949 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1951 The lack of financial literacy among Indonesians, including Gen-Z, has become a significant problem in financial decision-making. This can lead to negative consequences such as difficulty in planning for the financial future, poor financial decision-making, and increased risk of financial fraud. Therefore, it is imperative to improve financial literacy among Gen-Z so that they can make wise financial decisions and improve their financial well-being. The main objective of this article is to emphasize the important role of technology and social media in improving financial literacy for Gen-Z. The approach used in this article is the literature review method, which includes various techniques of collecting literature data, reading and recording, and managing research materials. The result of this article is to recognize that technology and social media play an important role in improving financial literacy for Gen-Z. Dr. Hasim As’ari, SE. MM., CAP, Dina Karista, Vindi Ika Indriyani, Rika Adang Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1951 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1952 The surge in Indonesian capital market investment, mirrored by the rising number of Single Investor Identifications (2018-2021), sparks investigation into the underlying factors. This study examines the influence of financial literacy, herding behavior, and regret aversion bias on the investment choices of Semarang students belonging to the Capital Market Study Group (KSPM). 115 active KSPM members in Semarang participated by completing online questionnaires analyzed using SPSS Statistics 25. The research instrument's validity and reliability were assessed, followed by multiple linear regression analysis, t-tests, and model fit evaluation (Adjusted R-Square and F-test). Results reveal that financial literacy and regret aversion bias positively impact students' investment decisions, while herding behavior exerts a significant negative effect. Titis Elinasari, Syahrizal Adie Afrian, Putri Novie Syarifah Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1952 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1963 Di masa yang segalanya cepat dan instan ini, anak muda kerap sekali tidak mengerti akan literasi keuangan mereka. Terutama Ketika mempersiapkan masa depan, kerap sekali anak muda terbuai akan kenikmatan masa muda sehingga mudah mengalokasikan dana pada kesenangan semata. Alhasil, dimasa mendatang mereka menjadi tumpuan bagi keluarga mereka bahkan tertekan atas tanggung jawab orangtua dan anak mereka nantinya. Hal ini diakibatkan oleh tidak adanya persiapan dana ataupun investasi di masa mendatang. Penelitian ini bertujuan untuk menganalisis faktor-faktor yang berpengaruh dalam keputusan berinvestasi generasi Z untuk menghindari sandwich generation di masa mendatang. Penelitian ini menggunakan metode penelitian kuantitatif, dengan menggunakan uji analisis regresi sederhana dan pengujian hipotesis menggunakan uji t. Muhammad Iqbal Suharno, Miftahul Jannah, Zikri Habibi Djunaidi Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1963 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1964 Peningkatan minat masyarakat terhadap investasi di pasar modal Indonesia menunjukkan perkembangan yang positif. Bursa Efek Indonesia (BEI) sebagai penyelenggara perdagangan efek di Indonesia terus melakukan perbaikan untuk memahami investasi masyarakat di pasar modal. Salah satu langkahnya adalah dengan meningkatkan jumlah Pengurus Bank Rekening Dana Nasabah (BANK RDN) dan membuka Galeri Investasi BEI di banyak perguruan tinggi dengan kerjasama Otoritas Jasa Keuangan (OJK) serta semua pihak yang terlibat dalam kegiatan pasar modal. Metode yang digunakan dalam penelitian ini yaitu metode kualitatif. Penelitian ini bertujuan untuk menilai efektivitas program pendidikan GI BEI IAIN Syekh Nurjati dalam meningkatkan literasi dan inklusi keuangan pada mahasiswa ekonomi di IAIN Cirebon yang memenuhi kriteria sampel. Hasil penelitian menunjukkan bahwa program pendidikan GI BEI IAIN Syekh Nurjati memiliki dampak positif terhadap peningkatan literasi dan inklusi keuangan di kalangan mahasiswa di Kota Cirebon. Ini berarti bahwa partisipasi dalam program tersebut dapat meningkatkan tingkat literasi dan memudahkan akses keuangan. Selain itu, program pendidikan GI BEI IAIN Syekh Nurjati juga berdampak positif terhadap peningkatan jumlah investor pasar modal, khususnya di kalangan mahasiswa di kota Cirebon. Hal ini menunjukkan bahwa jika program ini diterapkan dengan efektif dan dikelola dengan baik, maka akan semakin meningkatkan inklusi keuangan mahasiswa. Pujo Santoso, Zahrotun Nuroniah, Fadilah Difa Madani Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1964 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1965 Financial literacy and education are the first line of defense for domestic investors, especially for Generation Z. Financial literacy and education play a crucial role and provide a strong foundation that can be a solution to enhance someone's skills and abilities in managing their financial resources effectively. The purpose of this study is to understand and provide education and literacy that can explain the influence of cash flow management on the investment decisions of Generation Z through the introduction of risk profiles as a modernization variable. This study uses a survey method, which is conducted online with data analysis using qualitative analysis consisting of data reduction, data presentation, and conclusion drawing. The research sample consists of Generation Z with an age range of 18-30 years. From the test results, it is known that education and literacy levels in cash flow management tend to have a positive effect on the investment decisions of Generation Z through the introduction of risk profiles. It can be concluded that most of Generation Z has a conservative risk profile. Dwi Lestari Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1965 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1954 Artikel ini mengkaji dampak kenaikan Upah Minimum Kota/Kabupaten (UMK) terhadap pertumbuhan ekonomi sektor industri batik di Kota Pekalongan. Peningkatan UMK di Pekalongan diharapkan dapat memberikan dampak positif bagi pekerja dan pengusaha, namun juga dapat menimbulkan tantangan baru terkait biaya produksi. Proses penetapan UMK perlu mempertimbangkan keberlanjutan pertumbuhan ekonomi lokal, menjaga daya saing industri, dan menjamin kesejahteraan pekerja. Penulisan artikel ini juga membahas tentang industri batik di Pekalongan, termasuk kenaikan Upah Minimum Kota (UMK) dan dampaknya terhadap pertumbuhan ekonomi, serta menjelaskan teori upah dan pertumbuhan ekonomi, serta faktor-faktor yang mempengaruhi daya beli konsumen. Faktor-faktor seperti perubahan harga, pendapatan riil, nilai tukar, pajak, dan suku bunga berpengaruh signifikan terhadap daya beli konsumen. Aprillia Argyanti, Dian Nurussobah, Shintya Theodora Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1954 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1955 This study aims to determine the effect of capital market trend direction and the psychological condition of young investors on noise trader behavior. The criteria for respondents in this study are young investors domiciled in DKI Jakarta with an age range between 17 and 25 years, with a sample of 116 respondents and 100 respondents who match the respondent's criteria. Sample determination using the Lemeshow formula with a non-probability method. Data analysis was carried out using descriptive analysis methods through SMARTPLS v. 4.1.0.0 software. The results of this study indicate that the direction of capital market trends and the psychology of young investors have a significant influence on noise trader behavior. The data that has been tested shows that the variable direction of capital market trends has the greatest influence on noise trader behavior compared to the psychological variables of young investors. This shows that financial literacy knowledge about fundamental analysis and technical analysis is an important factor in suppressing noise trader behavior. Ahmad Syaugi, Astrid Selma Dharmawan, Maria Lasma Franssisca Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1955 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1957 The world is currently facing significant challenges related to sustainable and environmentally friendly investments. In response to this, green sukuk has been proposed as a solution by the government. The government has taken various initiatives to encourage investment interest in green sukuk, especially for Generation Z. This research aims to examine the influence of cognitive, psychological, and economic aspects within the mental accounting framework on the interest in investing in green sukuk. The research employs a quantitative research method with multiple linear regression analysis. Data for this study were collected directly through online questionnaires distributed to students at Polytechnic of State Finance STAN. The results indicate that cognitive and economic aspects do not significantly affect investment interest, while psychological aspects have a significant impact. The novelty of this research lies in quantitatively testing aspects of mental account related to interest in green sukuk, which was previously described only in a conceptual framework. Erika Ayu Andini, Zaky Alfajri, Sessa Tiara Maretaniandini Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1957 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1959 This research explores the nexus between financial literacy comprehension and investment interest in the capital market among household farmers in North Sulawesi, employing the self-assessment approach proposed by Kharchenko (2011). The study delves into the dynamics of financial literacy among this specific demographic and investigates its correlation with the inclination towards investment activities. By adopting a self-assessment methodology, the research aims to provide insights into the farmers' perception and understanding of financial concepts, ultimately shedding light on the factors influencing their investment decisions. The findings of this study may contribute valuable information for policymakers, financial educators, and stakeholders seeking to enhance financial literacy programs tailored to the unique needs of household farmers in North Sulawesi Stephanie Feren Pellung , Agnesita Torondek, Inri Siagian Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1959 https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1962 Global warming has become a hot issue discussed since the 21st century, global warming has an influence on climate change. The frequently changing climate can have an impact on the environment. Where this can also affect the quality of human life. In other words, ecosystem balance is very important, apart from that, economic balance is also an important factor in meeting life's needs. This research aims to find out how interested the current generation is in financial management in investing and taking part in maintaining environmental balance and how much society supports the existence of a carbon exchange that was established to monitor or limit the amount of carbon emissions produced by a company's production process. This research uses simple linear regression testing, where this can be proven from the results of validity tests, reliability tests, normality tests and linearity tests. The research results show that the public supports the existence of a carbon exchange in an effort to protect the environment and is interested in investing in companies that sell or use carbon emissions. Risqy Syariva, Diah Ayu Anggraeni Copyright (c) https://proceeding.unikal.ac.id/index.php/prosidingcaption/article/view/1962