THE BEHAVIOR OF MUSLIM INVESTORS IN INVESTING IN STOCKS ON THE INDONESIA STOCK EXCHANGE DURING THE COVID-19 PANDEMIC
Abstract
Sugianto, Muslim Marpaung, Siti Mujiatun, Ismail Husein, Purnama Ramadani Silalahi
In the study of stock investment in the capital market by investors in Pandemic Covid-19, it is always carried out rationally. In fact it is not always rational in making stock investment decisions. For a Muslim investor, his behavior should be based on adherence to sharia principles, but in reality a Muslim's religiousness affects adherence to sharia principles. This study aims to examine the effect of accounting information, subjective norms, sharia principles, risk, and perceptions of individual behavior control in making decisions to invest in stocks on the Indonesia Stock Exchange. The research method used is path analysis with accounting information, subjective norms, sharia principles, and risk as independent variables and stock investment decision making as the dependent variable with the perception of individual behavior control as an intervening variable. The research findings show that only the sharia principle affects stock investment decision making through perception of individual behavior control.