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http://dx.doi.org/10.13106/jafeb.2021.vol8.no5.0761

Investigating Repurchase Intention on Sharia Shares: An Empirical Evidence of the Sharia Stock Market in Indonesia  

MURHADI, Thasrif (Department of Management, Faculty of Economics and Business, Universitas Syiah Kuala)
AZIZ, Nasir (Department of Management, Faculty of Economics and Business, Universitas Syiah Kuala)
UTAMI, Sorayanti (Department of Management, Faculty of Economics and Business, Universitas Syiah Kuala)
MAJID, M. Shabri Abd (Department of Management, Faculty of Economics and Business, Universitas Syiah Kuala)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.5, 2021 , pp. 761-768 More about this Journal
Abstract
The Islamic capital market in Indonesia is currently developing rapidly marked by the massive growth of sharia stock investors. It is followed by the development of an online sharia trading platform by stock brokerage companies so that investors can transact online sharia shares. From the number of existing stock investors, however, there are still very few Islamic stock investors who repurchase shares after the previous purchase. This really attracted the attention of researchers to investigate the repurchase intention of sharia share in the Indonesia stock market. 415 samples who are Islamic stock investors in the Indonesia stock market have filled out distributed questionnaires. Then, the data was processed using SEM Amos. The results of this study found that perceived enjoyment, perceived ease to use, and expectation have a positive and significant effect on investor satisfaction. Then, perceived enjoyment and expectation have a positive and significant effect on repurchase intention, while perceived ease to use has a negative and insignificant effect on repurchase intention, but has a positive effect through the mediating variable investor satisfaction. Investor satisfaction has a positive and significant effect on repurchase intention, and investor satisfaction is a good mediator for the exogenous variables in this study.
Keywords
Perceived Enjoyment; Perceived Ease to Use; Expectation; Satisfaction; Repurchase Intention;
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