Proceedings of the 1st International Conference on Finance Economics and Business, ICOFEB 2018, 12-13 November 2018, Lhokseumawe, Aceh, Indonesia

Research Article

Knowledge of Aceh Entrepreneurs about Capital Market

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  • @INPROCEEDINGS{10.4108/eai.12-11-2018.2288785,
        author={Iswadi  Iswadi and Marzuki  Marzuki and Yunina  Yunina and Muhammad  Haykal and Mursidah  Mursidah},
        title={Knowledge of Aceh Entrepreneurs about Capital Market},
        proceedings={Proceedings of the 1st International Conference on Finance Economics and Business, ICOFEB 2018, 12-13 November 2018, Lhokseumawe, Aceh, Indonesia},
        publisher={EAI},
        proceedings_a={ICOFEB},
        year={2019},
        month={10},
        keywords={knowledge entrepreneur capital market},
        doi={10.4108/eai.12-11-2018.2288785}
    }
    
  • Iswadi Iswadi
    Marzuki Marzuki
    Yunina Yunina
    Muhammad Haykal
    Mursidah Mursidah
    Year: 2019
    Knowledge of Aceh Entrepreneurs about Capital Market
    ICOFEB
    EAI
    DOI: 10.4108/eai.12-11-2018.2288785
Iswadi Iswadi1,*, Marzuki Marzuki1, Yunina Yunina1, Muhammad Haykal1, Mursidah Mursidah1
  • 1: Faculty of Economic and Business, Universitas Malikussaleh Lhokseumawe, Indonesia
*Contact email: iswadi@unimal.ac.id

Abstract

This study aims to analyze the knowledge of Aceh entrepreneurs about the capital market and the factors that influence the increase in understanding of entrepreneurs about the capital market. This study is analyzed using a quantitative descriptive approach. This research sample is 120 Acehnese entrepreneurs. The sampling technique used is Judgment sampling. The results of the study show that the knowledge of Aceh entrepreneurs about the capital market is still low. Acehnese entrepreneurs do not understand the capital market so they are not interested in investing in the capital market. Seminars, stock game simulations and socialization of the capital market increase the knowledge of entrepreneurs and the understanding of the capital market. As a result, the desire of entrepreneurs to invest in the capital market also increases. The results of this study provide empirical evidence to policymakers about the need for capital market socialization for Aceh entrepreneurs and investment products in the capital market.