Analysis of Factors Affecting Investor Behavior in Investing in Sharia Stock in Jakarta

Abstract

The purpose of this study is to explain what factors can influence investor behavior in investing in Islamic stocks in Jakarta. The method used in this research is quantitative with a sample of 120 respondents. The subjects studied are investors who invest in Islamic stocks in Jakarta. The object of research used is Islamic stock. Data collection in this study was by using a questionnaire via google form. Data analysis used multiple linear regression using SPSS 23 software. The hypothesis in this study was tested using the T test, F test, and R2 test. The results of this study indicate that the psychological readiness variable and the religiosity variable have a partial effect and show a positive and significant effect, while the investment knowledge variable has no significant effect on investor behavior. Simultaneously, the variables of investment knowledge, psychological readiness, and religiosity have a simultaneous effect on investor behavior. The R2 test yielded a value of 21.9%, meaning that the independent variable studied in this study was able to explain the dependent variable by 21.9%,while 78.1% was explained by other variables not examined in this study.