scholarly journals Financial instruments – the driving force of the capital market

2021 ◽  
pp. 184-190
Author(s):  
A. Omir
Keyword(s):  
Capital Market ◽  
Financial Literacy ◽  
Capital Investment ◽  
Large Scale ◽  
Developed Countries ◽  
Global Market ◽  
Financial Instruments ◽  
Active Growth ◽  
Major Player ◽  
The Capital Market

The article considers the capital market of Kazakhstan, which is interesting for international investors looking for expanded opportunities to make a profit through capital investment. The analysis of the portfolio of companiesresidents of Kazakhstan shows a high closeness to the standards of developed countries. Nevertheless, the country needs serious reforms designed to ensure an increase in the attractiveness of various spheres of investment of finance, transparency and predictability of state policy. There is a pronounced monopoly on demand on the market of investors in Kazakhstan, who are included in the institutional category: there is only one major player, offers are little diversified, IPOs and SPOs are extremely rare. In a crisis situation, the set of financial instruments changes in accordance with the accepted directions and rules of investment. Over the course of a number of crises, traditional low-risk assets have proven the existence of residual investment attractiveness with an average level of return. The situation in the global market is undergoing noticeable changes, including due to the consequences of the pandemic, as well as past crises. In general, the stock market in Kazakhstan should be used to attract both debt financing and equity financing. The active growth of investment retail is hindered by the low investment and financial literacy of the population, and the absence of large-scale IPOs.

scholarly journals MOTIVASI INVESTASI, FINANCIAL LITERACY, DAN PERSEPSI RESIKO PENGARUHNYA TERHADAP MINAT BERINVESTASI DI PASAR MODAL

2021 ◽  
Vol 1 (1) ◽  
pp. 523-532
Author(s):  
Hikmah Hikmah
Keyword(s):  
Risk Perception ◽  
Capital Market ◽  
Financial Literacy ◽  
Financial Management ◽  
Sampling Technique ◽  
Developed Countries ◽  
Money Market ◽  
Public Understanding ◽  
Investment Motivation ◽  
The Capital Market

Indonesia is one of the countries where financially most of the population continues to make short-term investments or save. If you look at the difference with some very developed countries, the investment is in the long term or investment. The existence of public understanding of financial management so that people are able to set aside a portion of the income earned in conducting investment activities. At present, there are many financial effects that exist both in the money market and in the capital market, for example in the money market such as savings and time deposits, while in the capital market there are securities such as bonds and shares from various companies or government owned. This study aims to determine investment motivation, financial literacy and risk perception of its influence on public investment interest in the capital market in Batam City. The population in this study is the sub-district of Sagulung, with 204 respondents as the sample in this study. The respondents in this study are people who are interested in investing in the capital market. The sampling technique used is purposive sampling. The analysis method used is SEM with the SmartPLS application. The results show that investment motivation has a positive and significant effect on investment interest, financial literacy has a positive and significant effect on investment interest, risk perception has a positive and significant effect on investment interest in Batam city

scholarly journals Pendampingan Pentingnya Strategi dalam Meningkatkan Minat Nasabah terhadap Investasi Saham di Surabaya

2020 ◽  
Vol 2 (2) ◽  
pp. 84-89
Author(s):  
Veronika Nugraheni Sri Lestari ◽  
Dwi Cahyono ◽  
Nila Romatal Azah ◽  
Devy Mei Ariyanti
Keyword(s):  
Capital Market ◽  
Stock Exchange ◽  
Initial Step ◽  
Financial Instruments ◽  
Public Companies ◽  
Public Offerings ◽  
Securities Trading ◽  
Market Infrastructure ◽  
The Capital Market

Capital markets are often interpreted as a market for a long-term financial instrument (securities) (its maturity is more than 1 year). In addition to that understanding, the capital market is also often associated as a place for the transaction of the party that needs funds (the company) and the Excess party (financier). The initial step of Sharia capital market developments in Indonesia began with the issuance of sharia funds on 25 June 1997 followed by the issuance of sharia bonds at the end of 2002, followed by the presence of the Jakarta Islamic Index (JII) in July 2000. The marketable securities traded on the stock exchange include stocks, bonds and mutual funds. Marketable securities are often referred to as ' financial instruments ' or ' securities ' or ' Sekuritas ' (Securities Act No. 8 year 1995 defines the capital market as "the activities concerned with public offerings and securities trading, public companies relating to securities, published, as well as institutions and professions relating to the securities". The capital market acts as a liaison between investors and companies or government institutions through the long-term trading of financial instruments. In an effort to support the realization of the Indonesian capital market to become a resilient and global economic driver of the national economy as stated in the Indonesian capital market blueprint, it needs to be done continuously to improve and expand the capital market infrastructure towards the better direction.

scholarly journals ELEMENTS OF CONTROL THEORY APPLIED TO AN INVESTMENT PORTFOLIO IN THE CAPITAL MARKET. THE OPTIMAL TIME HORIZON FOR SELLING A PORTFOLIO

2015 ◽  
Vol 1 (310) ◽  
Author(s):  
Jerzy Tymiński
Keyword(s):  
Capital Market ◽  
Stock Exchange ◽  
Optimal Time ◽  
Dynamic Programming Method ◽  
Financial Instruments ◽  
Investment Portfolio ◽  
Warsaw Stock Exchange ◽  
Investment Portfolios ◽  
Rational Investment ◽  
The Capital Market

The article presents a concept of capital management for assembling investment portfolios. Two optimization variants of a portfolio to be purchased are discussed. Portfolio I is structural, using the „traditional model”. To assemble Portfolio II, elements of reliability theory and the dynamic programming method were used. The article also analyses the sale of a portfolio with respect to the demand for financial instruments in the capital market. The presented concept dealing with rational investment decisions during transactions at the Warsaw Stock Exchange can also be used by managers to create an effective portfolio of financial instruments.

Financial Structure and Financing Models: The Brazilian Experience over the 1964–1997 Period

2002 ◽  
Vol 34 (1) ◽  
pp. 71-114 ◽  
Author(s):  
JENNIFER HERMANN
Keyword(s):  
Capital Market ◽  
Economic Activity ◽  
Alternative Model ◽  
Large Scale ◽  
Credit System ◽  
Financial Policies ◽  
Private Banking ◽  
Banking Credit ◽  
Two Alternatives ◽  
The Capital Market

The article analyses the Brazilian experience in financing economic activity from the 1964–67 reform until the 1990s. Two issues are addressed: first, what conditions explain the development of a model based on public and external credit in Brazil, quite different from the capital market based system conceived in the 1964–67 reform? Second, what are the perspectives for the development of an alternative model in the country, led by the national private sector? Based on international experience, two alternatives are considered: a) the expansion of the capital market, in order to make possible large scale direct financing; b) the formation of a private banking credit system, complementing or replacing both public and external credit. Despite undoubted improvements, tendencies observed up to 1997 suggest the persistence of the ‘short-termist’ profile that typically characterised the Brazilian financial system. Thus, the development of both capital market and banking credit models depends on financial policies devoted to this goal. General guidelines for such policies are suggested in the last section of the paper.

scholarly journals Multi Criteria Analysis for Selecting Sharia Capital Market Management Investment Using ANP

2021 ◽  
Vol 12 (2) ◽  
pp. 93
Author(s):  
Hamzah Abdul Karim Prasetyo ◽  
Hendri Tanjung ◽  
Abrista Devi
Keyword(s):  
Capital Market ◽  
Financial Literacy ◽  
Financial Risk ◽  
Self Control ◽  
Performance Criteria ◽  
Control Individual ◽  
Investment Performance ◽  
Macroeconomic Factors ◽  
Market Criteria ◽  
The Capital Market

<div><p class="1eAbstract-text"><em>The society orientation has shifted from a saving-oriented society to an investing-oriented society. Currently, investors have many choices of investment instruments to invest in the Islamic capital market. Previous studies have shown the factors that influence the capital market and influence investors' decisions to invest in the capital market. This study uses the Analytic Network Process (ANP) method to (1) determine the criteria that need to be taken into consideration in choosing an Islamic capital market investment instrument. (2) knowing the ideal investment instrument based on established criteria. The criteria used in this study include seven criteria, namely: investment performance criteria, risk criteria, liquidity criteria, macroeconomic factor criteria, individual circumstance criteria, psychological factor criteria, and demographic criteria. The respondents in this study were five experts from academics, practitioners, and regulator. The major findings of the research are (1) the criteria to be considered in choosing Islamic capital market investment instruments are divided into investor criteria and capital market criteria. Investor criteria include; psychological factors (motivation and self control), individual circumtances (financial literacy), demographics (income and education). Capital market criteria include: investment performance (capital gain, yield, and fundamental analysis), risk (financial risk, market risk and management risk), macroeconomic factors (exchange rates and gross domestic product), liquidity (liquidity ratio). (2) the alternative with the highest priority is sharia mutual funds, then sukuk and sharia stocks</em><em>.</em></p></div>

scholarly journals Capital Markets in India: A Conceptual Framework

2019 ◽  
Vol 8 (1) ◽  
pp. 53-59
Author(s):  
Harish Tigari ◽  
R Aishwarya
Keyword(s):  
Capital Market ◽  
Capital Investment ◽  
18Th Century ◽  
Wealth Distribution ◽  
Secondary Data ◽  
Stock Exchanges ◽  
Indian Government ◽  
New Economic Policy ◽  
East Indian ◽  
The Capital Market

The history of Indian capital market goes back to the 18th century when the securities of East Indian company was traded. The contribution of Indian capital market for the sustainability of Indian economy is considerably since the year 1890’s. The capital market plays a   role in terms of wealth distribution and economic development of a country like India.  Capital market acts as a transformer of savings into capital investment. The capital market has witnessed a major reforms since the implementation of New Economic Policy 1991 and thereafter. The Indian government and SEBI have adopted the various reforms in order to enhance the performance of Indian stock exchanges. The present study tries to analyze the recent reforms in Indian capital market from the year 2010 onwards. The present research is largely based on the secondary data.  The statistical facts and figures regarding the growth and development of the capital market was available from various journals, publications and websites.

scholarly journals FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT FINANCIAL LITERACY INVESTOR DI KOTA DENPASAR PADA BURSA EFEK INDONESIA

2021 ◽  
pp. 1077
Author(s):  
Ni Made Wida Puspita Kirana Dewi ◽  
Anak Agung Ketut Ayuningsasi
Keyword(s):  
Marital Status ◽  
Capital Market ◽  
Financial Literacy ◽  
Total Sample ◽  
Primary Data ◽  
Structured Interviews ◽  
Analysis Technique ◽  
Research Population ◽  
Depth Interviews ◽  
The Capital Market

This study aims to analyze the effect of education level, gender, income, and marital status simultaneously and partially on the financial literacy level of investors in the capital market in Denpasar City. The research population is the entire community of Denpasar City who invests in the capital market, with a total sample of 100 respondents who were determined based on accidental sampling of a snowball combination. The research method uses primary data (observation, structured interviews, and in-depth interviews). The data analysis technique used was multiple linear regression with those analyzed by the SPSS program. The results showed that, 1) simultaneously the variables of education, gender, income, and marital status had a significant effect on the level of financial literacy of investors in the capital market in Denpasar City; 2) partially education and income variables have a positive and significant effect on the level of financial literacy of investors in the capital market in Denpasar City, the level of financial literacy of capital market investors in Denpasar City, which is male is greater than that of female, and financial level the literacy of capital market investors in Denpasar City who are married is greater than those who are not married.

scholarly journals INTRODUCING INVESTMENT CULTURE THROUGH CAPITAL MARKET

2020 ◽  
Vol 4 (1) ◽  
pp. 70
Author(s):  
Tine Badriatin ◽  
Lucky Radi Rinandiyana ◽  
Sri Sudiarti ◽  
Asep Saepudin
Keyword(s):  
Young People ◽  
Capital Markets ◽  
Capital Market ◽  
Financial Literacy ◽  
Continuous Learning ◽  
Level 3 ◽  
New Students ◽  
And Training ◽  
The Capital Market

Abstrak: Pengenalan pasar modal pada kalangan generasi muda khususnya bagi mahasiswa baru dalam meningkatkan literasi dan inklusi keuangan untuk meningkatkan pengetahuan dalam berinvestasi maka kegiatan ini dilaksanakan melalui metode seminar dengan jumlah peserta sebanyak 150 orang mahasiswa tingkat 3, dimana harapannya dengan adanya kegiatan ini mahasiswa dapat lebih mengenal budaya investasi dengan mengubah paradigma dari saving society menjadi investing society. Kegiatan ini belum begitu mendapatkan hasil yang optimal dalam hal kesadaran berinvestasi di pasar modal sehingga masih diperlukan pembelajaran dan pelatihan secara berkelanjutan dimana hal ini ditandai dengan hanya 5 orang peserta yang tertarik untuk membuka rekening efek, Namun secara pengetahuan dari mereka sudah bertambah luas dimana lembar pertanyaan yang diberikan kepada peserta mengenai pengenalan pasar modal yang disampaikan dapat terisi dengan baik dan benar. Abstract:  The introduction of the capital market among young people, especially for new students in increasing financial literacy and inclusion to increase knowledge in investing, this activity was carried out through a seminar method with a total of 150 students level 3, where the hope was that with this activity students could get to know investment culture by changing the paradigm from saving society to investing society. This activity did not yet get optimal results in terms of awareness of investing in the capital market so that it was still needed continuous learning and training where it was marked by only 5 participants who were interested in opening a securities account, but the knowledge from them had expanded where the question sheets given to participants regarding the introduction of capital markets which can be filled properly and correctly

scholarly journals Investment Training Moderates the Effect of Financial Literacy, Return and Risk on Investment Interest in Capital Markets

2020 ◽  
Vol 9 (1) ◽  
pp. 102-112
Author(s):  
Anhar Fadli ◽  
Andhi Wijayanto
Keyword(s):  
Structural Equation Model ◽  
Capital Markets ◽  
Capital Market ◽  
Financial Literacy ◽  
Structural Equation ◽  
Model Analysis ◽  
Equation Model ◽  
The Relationship ◽  
Positive Effect ◽  
The Capital Market

This study aims to analyze the effect of financial literacy, return and risk on investment interests in the capital market members of Forum KSPM Kota Semarang with investment research as a moderating variable. This research uses structural equation model analysis with WarpPLS 6.0 to evaluate the relationship between variables and the effect of moderation on investor investment training with financial literacy, return, risk, and investment interest by conducting a survey of 113 respondents who were successfully collected. The results of this study confirm previous findings that financial literacy has a positive effect on investment interest, returns have a positive effect on investment interest, and risk has a positive effect on investment interest. Researchers also found that investment training could not moderate the effect of financial literacy on investment interest, but investment training could moderate the effect of return and risk on investment training.

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