CD Skripsi
Pengaruh Fund Size Dan Kebijakan Alokasi Aset Terhadap Kinerja Reksa Dana Saham Dengan Good Corporate Governance Sebagai Variabel Pemoderasi (Studi Kasus Pada Perusahaan Reksa Dana Saham Konvensional Yang Terdaftar Di Bei Tahun 2016-2018)
ABSTRACT
This study aims to analyze the performance of equity funds that are
influenced by fund size, asset allocation policies and good corporate governance
as moderating variables in convensional equity mutual fund companies listed on
the IDX in 2016-2018. Equity mutual fund performance is measured using the
sharpe ratio. Mutual fund size is measured using the managed fund and asset
allocation policy is measured using the share asset allocation taken from the
factsheet of each mutual fund. Good corporate governance is measured using the
CGPI score.
The population in this study were 34 conventional mutual fund
companies in Indonesia that were registered in BEI and still active in the
Financial Services Authority (OJK) for the 2016-2018 period. The sample in this
study were 19 mutual fund companies based on criteria using purposive sampling
method. This research is using multiple linear regression test and classical
assumption test consisting of normality test, multicolinearity test, heteroscedesity
test, autocorrelation, the determination test. The Goodness offit in this study uses
the F test and the T test.
The results of this study indicate that fund size has a significant negitive
effect on the performance of equity funds. Asset allocation policy has a significant
positive effect on the performance of equity funds. Good corporate governance
has a significant positive effect on the performance of equity funds. Good
corporate governance can moderate the relationship between fund size and equity
fund performance. Good corporate governance can moderate the relationship
between asset allocation policies and the performance of equity funds.
Keywords: Fund size, asset allocation policy, good corporate governance and
equity mutual fund performance.
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