Financial Literacy Assistance and Utilization of Management Information Systems for Stock Investment Decision Making in the Indonesian Capital Market

The Indonesian capital market has experienced significant growth supported by advances in information technology, particularly the implementation of Management Information Systems (MIS) in investment decision-making. This study aims to analyze the role of MIS in enhancing the efficiency and accuracy of stock investment decisions in the Indonesian capital market. A qualitative research method using in-depth interviews with individual investors was employed to explore their experiences and perceptions in using MIS. The results indicate that MIS facilitates real-time data access, improves the quality of fundamental and technical analysis, and assists in investment risk management. However, challenges such as data quality, interface complexity, and low financial literacy hinder the optimal use of MIS. This study recommends improving data quality, developing more user-friendly features, and providing continuous financial literacy education programs to maximize MIS utilization. The findings are expected to serve as a reference for MIS developers and capital market regulators in strengthening an inclusive and sustainable investment ecosystem.

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Publication Details

Journal
Amalee Indonesian Journal of Community Research and Engagement
Published
2024-10-26
DOI
https://doi.org/10.37680/amalee.v5i2.5142
Primary Topic
Financial Literacy and Behavior
Type
article
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article

Financial Literacy Assistance and Utilization of Management Information Systems for Stock Investment Decision Making in the Indonesian Capital Market

Imsar Imsar, Nurbaiti Nurbaiti, M. Fadli Wicaksono
Amalee Indonesian Journal of Community Research and Engagement
Financial Literacy and Behavior
article

Financial Literacy Assistance and Utilization of Management Information Systems for Stock Investment Decision Making in the Indonesian Capital Market

Imsar Imsar, Nurbaiti Nurbaiti, M. Fadli Wicaksono
article en

Abstract

The Indonesian capital market has experienced significant growth supported by advances in information technology, particularly the implementation of Management Information Systems (MIS) in investment decision-making. This study aims to analyze the role of MIS in enhancing the efficiency and accuracy of stock investment decisions in the Indonesian capital market. A qualitative research method using in-depth interviews with individual investors was employed to explore their experiences and perceptions in using MIS. The results indicate that MIS facilitates real-time data access, improves the quality of fundamental and technical analysis, and assists in investment risk management. However, challenges such as data quality, interface complexity, and low financial literacy hinder the optimal use of MIS. This study recommends improving data quality, developing more user-friendly features, and providing continuous financial literacy education programs to maximize MIS utilization. The findings are expected to serve as a reference for MIS developers and capital market regulators in strengthening an inclusive and sustainable investment ecosystem.

Amalee Indonesian Journal of Community Research and EngagementVol. 5(2)
Universitas Islam Negeri Sumatera Utara (ID)
Openalex Percentile: Top 46%
Financial Literacy and Behavior
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Financial Literacy Assistance and Utilization of Management Information Systems for Stock Investment Decision Making in the Indonesian Capital Market — Imsar Imsar, Nurbaiti Nurbaiti, et al. · Amalee Indonesian Journal of Community Research and Engagement (2024) | TGRS Research Map | TGRS