Pengaruh Literasi Keuangan, Motivasi Keuangan, Kemajuan Teknologi, Sosial Media Terhadap Minat Investasi Generasi Z
Abstract
This study aims to analyze the influence of financial literacy, financial motivation, technological advances, and social media on the interest in investing in the capital market among Generation Z in Jepara Regency. In this research, a quantitative approach was used with a population of 388.337 Generation Z in Jepara Regency. The sample selection technique used was purposive sampling, and during the research period 100 respondents were obtained. Primary data in this research was obtained through distributing questionnaires, while secondary data consisted of previous research and information that supports the research results. The analysis technique used is multiple linear regression and data processing using SPSS 25. The findings in this research state that the variables of financial literacy, financial motivation, technological progress and social media are proven to have a positive and significant influence on interest in investing in the capital market for Generation Z. in the Jepara Regency with a calculated t value > 1.660 and a significance probability value < 0.05. Generation Z in Jepara Regency shows great interest in investing in the capital market, which is driven by increased understanding of finance, technological advances, and the role of social media in providing information and making it easier to access investment online.
Downloads
References
Aini, N., Junaidi, & Maslichah (2019). Pengaruh Pengetahuan Investasi Dan Motivasi Investasi Terhadap Minat Investasi Mahasiswa Politeknik Keuangan Negara Stan Di Pasar Modal. Jurnal Acitya Ardana, 2(1), 16–28. https://doi.org/10.31092/jaa.v2i1.1434
Ainiyah, N., & Indrarini, R. (2022). Pengaruh Motivasi Investasi dan Kemajuan Teknologi terhadap Minat Berinvestasi di Reksa dana Syariah pada Generasi Z Kota Surabaya. Jurnal Ekonomika Dan Bisnis Islami, 5(22), 80–94. Retrieved from https://journal.unesa.ac.id/index.php/jeif
Arianti, G. A. T., & Devi, S. (2023). Pengaruh Social Media Influencer, Lingkungan Keluarga, Efikasi Diri Dan Informasi Produk Terhadap Minat Investasi di Pasar Modal Pada Mahasiswa S1 Akuntansi Angkatan 2019. JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 14(03), 631–641. https://doi.org/10.23887/jimat.v14i03.62162
Bidari, N. P. I, & Sinarwati, N. K, (2023). Peran Financial Literacy Dan Herding Dalam Minat Investasi Generasi Z. Manajemen : Jurnal Ekonomi, 5(2), 146–152. https://doi.org/10.36985/manajemen.v5i2.850
BPS, (2023). Jumlah Penduduk Menurut Kelompok Umur dan Jenis Kelamin di Kabupaten Jepara, 2023. https://jeparakab.bps.go.id/id/statistics-table/3/jumlah-penduduk-menurut-kelompok-umur-dan-jenis-kelamin-dikabupaten-jepara--2022.html?year=2023
Cahya & Kusuma. (2019). Pengaruh Motivasi dan Kemajuan Teknologi Terhadap Minat Investasi Saham. Jurnal Ilmu Ekonomi Dan Keislaman, 7, 192–207.
Darmawan, A., Kurnia, K., & Rejeki, S. (2019). Pengetahuan Investasi, Motivasi Investasi, Literasi Keuangan Dan Lingkungan Keluarga Pengaruhnya Terhadap Minat Investasi Di Pasar Modal. Jurnal Ilmiah Akuntansi Dan Keuangan, 08(02), 44–56.
Dewi, L. P., & Gayatri, G. (2021). Determinan yang Berpengaruh pada Minat Investasi di Pasar Modal. E-Jurnal Akuntansi, 31(5), 1082. https://doi.org/10.24843/eja.2021.v31.i05.p02
Dewi, Y., Karmana, I. W., & Sugiarta, I. K. (2022). The Influence of Investment Knowledge, Individual Income, and Social Media Influencers towards Investing Interest Provincial Millennials Bali on The Indonesia Stock Exchange, 2020, 1–6. Retrieved from https://repository.pnb.ac.id
Fattah, M. W. (2023). Pengaruh Kemajuan Teknologi Investasi, Sosial Media Edukasi Saham, dan Motivasi Terhadap Minat Investasi di Pasar Modal Indonesia. Journal of Economics and Business UBS, 12(4), 2026–2042. https://doi.org/10.52644/joeb.v12i4.301
Faidah, F. (2019). Pengaruh Literasi Keuangan Dan Faktor Demografi Terhadap Minat Investasi Mahasiswa. JABE (Journal of Applied Business and Economic), 5, 251. https://doi.org/10.30998/jabe.v5i3.3484
Faizal, M. (2020). Pengaruh Faktor Demografi, Literasi Keuangan, Return, Persepsi Risiko Dan Modal Minimal Terhadap Minat Investasi Di Pasar Modal (Studi Kasus pada Investor Mahasiswa di Daerah Istimewa Yogyakarta ). Skripsi, 2(1), 163–184. https://doi.org/10.31539/costing.v2i1.388
Fauzianti, A. & Retnosari. (2022). Pengaruh Modal Awal Investasi, Pengetahuan Investasi, Sosial Media Influencer Terhadap Minat Investasi Mahasiswa Akuntansi Universitas Tidar. Jurnal Sinar Manajemen, 9(1), 26–35. https://doi.org/10.56338/jsm.v9i1.2323
Hadi, M. M., Mardani, R. M., & Saraswaty, E. (2023). Pengaruh Social Media Platform, Financial Literasi, Dan Investment Motivation Terhadap Minat Berinvestasi Di Pasar Modal. Jurnal Riset Manajemen, 12(1), 641–651.
Hikmah, & Rustam, T. A. (2020). Pengetahuan Investasi, Motivasi Investasi, LiterasiKeuangan Dan Persepsi Resiko Pengaruhnya TerhadapMinat Investasi Pada Pasar Modal. SULTANIST: Jurnal Manajemen Dan Keuangan, 8(2), 131–140. Retrieved from https://sultanist.ac.id/index.php/sultanist
Juwita, E. (2023). Pengaruh Literasi Keuangan, Motivasi Investasi, Dan Kemajuan Teknologi Terhadap Minat Investasi Di Pasar Modal Pada Mahasiswa Fakultas Ekonomi Dan Ilmu Sosial Uin Sultan Syarif Kasim Riau. Jurnal Ekonomi Manajemen Bisnis Syariah dan Teknologi (Vol. 2). https://doi.org/10.62833/embistek.v2i2.44
KSEI. (2024). Statistik Pasar Modal Indonesia. Publikasi PT Kustodian Sentral Efek Indonesia, (April), 1–7. Retrieved from https://www.ksei.co.id/publications/demografi_investor
Nasution, S. N. (2021). Pengaruh Media Sosial Instagram IDX Riau terhadap Minat Investor Berinvestasi di Galeri Investasi Syariah-BEI Fakultas Syariah dan Hukum UIN Suska Riau Ditinjau Menurut Ekonomi Syariah, 1–68.
Negara, A. K., & Febrianto, H. G. (2020). Pengaruh Kemajuan Teknologi Informasi Dan Pengetahuan Investasi Terhadap Minat Investasi Generasi Milenial Di Pasar Modal. Business Management Journal, 16(2), 81. https://doi.org/10.30813/bmj.v16i2.2360
OJK. (2023). Laporan Statistik Bulanan Pasar Modal. https://ojk.go.id/id/kanal/pasar-modal/datadan statistik/statistik-pasar-modal/Pages/Statistik-Bulanan-Pasar-Modal--- Desember-2023.aspx
OJK. (2024). Laporan Statistik Bulanan Pasar Modal. https://ojk.go.id/id/kanal/pasar-modal/datadan-statistik/statistik-pasar-modal/Pages/Statistik-Bulanan-Pasar-Modal---Maret- 2024.aspx
Rizza, M. & Susilo, E. (2024). The Influence of Sharia Financial Literacy, Technological Advances, Return Expectations, and Minimum Capital on Generation Z’s Interest in Investing in the Sharia Capital Market. Mutanaqishah: Journal of Islamic Banking, 4(1), 36–50. https://doi.org/10.54045/mutanaqishah.v4i1.1557
Safitri, D. I., & Hapsari, M. T. (2022). Pengaruh Pengetahuan Investasi dan Literasi Keuangan terhadap Minat Investasi Mahasiswa Non FEBI UIN Sayyid Ali Rahmatullah Tulungagung Angkatan 2018. YUME: Journal of Management, 5(2), 267–276. https://doi.org/10.37531/yume.vxix.3456
Sari, D. P. (2022). Dapatkah Informasi Media Sosial dan Pengetahuan Followers Menggugah Minat Investasi Saham? Sebuah Studi pada Followers Intagram Broker Saham Tanam Duit. Jurnal Manajemen, 12(1), 20–37. https://doi.org/10.46806/jman.v12i1.974
Theresia, W., & Rostiana. (2024). Pengaruh Literasi Keuangan, Pengetahuan Investasi, Dan Faktor Sosial Terhadap Minat Berinvestasi Saham Generasi Z. Jurnal Manajemen Bisnis dan Kewirausahaan, 9 (4), 881–894.
Trisnatio, Y. A. (2017). Pengaruh Ekspektasi Return, Persepsi Terhadap Risiko, Dan Self Efficacy Terhadap Minat Investasi Saham Mahasiswa Fakultas Ekonomi Universitas Negeri Yogyakarta, 11(1), 92–105.
Umiyati, H., Subiyanto, S., Kusumawati, Y. N., Suherman, A., Anwar, K., & Wedha, I. K. (2023). Analysis Of The Effect Of Motivation And Knowledge About Capital Market, Return, Risk And Minimum Capital On Interest To Invest In The Indonesia Stock Exchange (Case Study In The Financial Audit Board Of The Republic Of Indonesia). International Journal of Business, Economics, and Social Development, 4(3), 112–122. https://doi.org/10.46336/ijbesd.v4i3.477
Vina, M. S., Putri, N. K., Arofah, T., & Suparlinah, I. (2021). Pengaruh motivasi investasi , pengetahuan dasar investasi , modal terhadap minat berinvestasi. Jurnal Doktor Manajemen, 4(1), 88–107. Retrieved from https://publikasi.mercubuana.ac.id/index.php/jdm/article/view/12117
Widhiastuti, R. N., & Novianda, B. F. (2024). Pengaruh Literasi Keuangan, Pengetahuan Investasi, Dan Motivasi Terhadap Minat Investasi Generasi Z Di Jabodetabek. Kompleksitas: Jurnal Ilmiah Manajemen, Organisasi Dan Bisnis, 13(1), 84–93. https://doi.org/10.56486/kompleksitas.vol13no1.527
Yusuf, M. (2019). Pengaruh Kemajuan Teknologi dan Pengetahuan terhadap Minat Generasi Milenial dalam Berinvestasi di Pasar Modal. Jurnal Dinamika Manajemen Dan Bisnis, 2(2), 86–94. https://doi.org/10.21009/jdmb.02.2.3
Bila bermanfaat silahkan share artikel ini
Berikan Komentar Anda terhadap artikel Pengaruh Literasi Keuangan, Motivasi Keuangan, Kemajuan Teknologi, Sosial Media Terhadap Minat Investasi Generasi Z
Pages: 299-309
Copyright (c) 2025 Shinta Yulita Sari, Purwo Adi Wibowo

This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (Refer to The Effect of Open Access).