eprintid: 78138
rev_number: 10
eprint_status: archive
userid: 12460
dir: disk0/00/07/81/38
datestamp: 2026-10-06 03:14:36
lastmod: 2026-10-06 03:14:36
status_changed: 2026-10-06 03:14:36
type: thesis
metadata_visibility: show
contact_email: muh.khabib@uin-suka.ac.id
creators_name: Ahmad Firly Mukti, NIM.: 24208011031
title: MINAT INVESTASI MASYARAKAT KELAS MENENGAH PADA PLATFORM SECURITIES CROWDFUNDING
ispublished: pub
subjects: 332
divisions: ek_syarS-2
full_text_status: restricted
keywords: Minat Investasi, Securities Crowdfunding, TAM, UTAUT, Perceived Risk, Trust, PLS-SEM
note: Dr. Slamet Haryono, SE, M.Si., Ak., CA.
abstract: The rapid growth of crowdfunding in Indonesia has not been matched by proportionate public participation, particularly after default cases in financial platforms, such as Dana Syariah Indonesia (DSI), undermined public trust. This study analyzes the influence of Perceived Ease of Use, Perceived Usefulness, Perceived Risk, Social Influence, Trust, Facilitating Conditions, and Return Expectations on middle-class investment intention in the Bizhare platform. Using an integrated quantitative Technology Acceptance Model (TAM) and Unified Theory of Acceptance and Use of Technology (UTAUT) approach, data were collected from 200 middle-class respondents in Java via purposive sampling and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 4.
The results indicate that Perceived Risk, Social Influence, Trust, Facilitating Conditions, and Return Expectations significantly affect investment intention, whereas Perceived Ease of Use and Perceived Usefulness show no significant effect. Intriguingly, Perceived Risk exhibits a positive effect, while Trust has a negative effect—reflecting the skeptical attitude of the middle class, which prioritizes concrete governance over basic trust. Overall, the model explains 88.5% of the variance in investment intention ($R 2 = 0.885$). These findings expand financial technology adoption frameworks and suggest that crowdfunding providers prioritize risk transparency and credible governance.
date: 2026-08-12
date_type: published
pages: 169
institution: UIN SUNAN KALIJAGA YOGYAKARTA
department: FAKULTAS EKONOMI DAN BISNIS ISLAM
thesis_type: masters
thesis_name: other
citation:   Ahmad Firly Mukti, NIM.: 24208011031  (2026) MINAT INVESTASI MASYARAKAT KELAS MENENGAH PADA PLATFORM SECURITIES CROWDFUNDING.  Masters thesis, UIN SUNAN KALIJAGA YOGYAKARTA.   
document_url: https://digilib.uin-suka.ac.id/id/eprint/78138/1/24208011031_BAB-I_IV-atau-V_DAFTAR-PUSTAKA.pdf
document_url: https://digilib.uin-suka.ac.id/id/eprint/78138/2/24208011031_BAB-II_sampai_SEBELUM-BAB-TERAKHIR.pdf