BASIC INVESTMENT TRAINING IN THE CAPITAL MARKET FOR UMKM AND RESIDENTS OF HAGU BARAT LAUT VILLAGE
Main Article Content
Muhammad Multazam
Rico Nur Ilham
Ayu Anora
Muttaqien
Rahmiatul Aula
Ismuhadi
Eka Utaminingsih
Low financial literacy and access to investment information among MSMEs and rural communities are challenges in realizing financial inclusion in Indonesia. This study aims to evaluate the effectiveness of basic investment training in improving capital market literacy for MSMEs and residents of Gampong Hagu Barat Laut. The method used is a descriptive quantitative approach with a one-group pretest-posttest design, involving 45 participants. The results of the analysis showed a significant increase in investment literacy scores from an average of 42.6 to 73.1 (p <0.001), covering aspects of knowledge, attitudes, and understanding of risk. The conclusion of this study shows that community-based training is effective in improving investment literacy, and needs to be replicated in other areas as a local-based financial inclusion strategy.
Indonesia Stock Exchange. (2024). Indonesian capital market statistics. https://www.idx.co.id
Campbell, D.T., & Stanley, J.C. (1963). Experimental and quasi-experimental designs for research. Houghton Mifflin.
Carpena, F., Cole, S., Shapiro, J., & Zia, B. (2011). Unpacking the causal chain of financial literacy. World Bank Policy Research Working Paper, (5798). https://doi.org/10.1596/1813-9450-5798
Creswell, J. W. (2014). Research design: Qualitative, quantitative, and mixed methods approaches (4th ed.). SAGE Publications.
Etikan, I., Musa, SA, & Alkassim, RS (2016). Comparison of convenience sampling and purposive sampling. American Journal of Theoretical and Applied Statistics, 5(1), 1–4. https://doi.org/10.11648/j.ajtas.20160501.11
Fernandes, D., Lynch, J. G., & Netemeyer, R. G. (2014). Financial literacy, financial education, and downstream financial behaviors. Management Science, 60(8), 1861–1883. https://doi.org/10.1287/mnsc.2013.1849
Field, A. (2013). Discovering statistics using IBM SPSS Statistics (4th ed.). SAGE Publications.
Ministry of Cooperatives and SMEs of the Republic of Indonesia. (2023). 2023 UMKM Data. https://kemenkopukm.go.id
Lusardi, A., & Mitchell, O. S. (2014). The economic importance of financial literacy: Theory and Evidence. Journal of Economic Literature, 52(1), 5–44. https://doi.org/10.1257/jel.52.1.5
Financial Services Authority. (2022). National survey of financial literacy and inclusion 2022. https://www.ojk.go.id
Organization for Economic Co-operation and Development/International Network on Financial Education (OECD/INFE). (2018). Toolkit for measuring financial literacy and financial inclusion. https://www.oecd.org/financial/education/2018-INFE-FinLit-Toolkit.pdf
Tambunan, TTH (2019). MSMEs in Indonesia: Developments, problems, and government policies. Ghalia Indonesia.
Tavakol, M., & Dennick, R. (2011). Making sense of Cronbach's alpha. International Journal of Medical Education, 2, 53–55. https://doi.org/10.5116/ijme.4dfb.8dfd
World Bank. (2020). The global financial development report 2020: Bank regulation and supervision a decade after the global financial crisis. https://www.worldbank.org










