ASSESSMENT OF FINANCIAL LITERACY, TECHNOLOGICAL ADVANCEMENT, AND INITIAL CAPITAL AVAILABILITY IN INVESTMENT DECISION-MAKING IN THE CAPITAL MARKET (A CASE STUDY ON EMPLOYEES OF PT. NAGAMAS PUTERA JAYA)

Abstract

This study aims to examine the influence of financial literacy, information technology development, and initial capital availability on investment decision-making in the capital market. This research is a quantitative study. Data collection was conducted using a questionnaire in the form of a Google form with a Likert scale measurement. The sampling method used non-probably sampling, with a sample size of 80. Data analysis technique used multiple regression analysis. The results show that financial literacy, information technology development, and initial capital availability have a significant influence on investment decision-making in the capital market. The results of the t-test on financial literacy obtained a significance result of 0.001 < 0.05, which means that financial literacy significantly influences investment decision-making in the capital market. Information technology advancement obtained a significance result of 0.002 < 0.05, which means that information technology advancement influences investment decision-making in the capital market. And initial capital obtained a significance result of 0.002 < 0.05, which means that initial capital influences investment decision-making in the capital market. Meanwhile, the results of the F-test obtained a significance result of 0.000 < 0.05, which means that simultaneously financial literacy, information technology advancement, and initial capital influence investment decision-making in the capital market.