Article Per Year (5 Year)
p-Index From 2019 - 2024
0.61
P-Index
This Author published in this journals
All Journal Forum Ekonomi : Jurnal Ekonomi, Manajemen dan Akuntansi Iqtishoduna: Jurnal Ekonomi Islam
Elliv Hidayatul Lailiyah
Universitas Airlangga
Economics, Econometrics & Finance Other

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

 1 
Stock Selectivity Skill, Market Timing Ability, Risiko, Size, and Comparison of Performance Islamic Share Mutual Funds Elliv Hidayatul Lailiyah; Rahmat Setiawan
IQTISHODUNA: Jurnal Ekonomi Islam Vol 9 No 2 (2020): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (679.465 KB) | DOI: 10.36835/iqtishoduna.v9i2.489

Abstract

The Muslim population in Indonesia is one of the highest at around 87%. The high population of the Muslim in Indonesia should be able to provide great potential in terms of Islamic finance as an investment activity, which will certainly contribute positively to the Indonesian economy. Investors will always be interested in investment with high returns and low risk. One of the alternatives is mutual funds, especially sharia equity mutual funds. The choice of the right mutual fund should pay attention to how the performance of the mutual fund. This study examines how the performance of sharia equity mutual funds using the Sharpe, Treynor, and Jensen methods are affected by stock selectivity skills, market timing ability, risk, and size during 2012-2017. The finding of this research is stock selectivity skills, market timing ability, risk, and size are a significantly positive influence on the performance of sharia equity mutual fund. The influence of stock selectivity skill, market timing ability, risk, and size are very strong if measured by the treynor method.
Stock Selectivity Skill, Market Timing Ability, Risiko, Size, and Comparison of Performance Islamic Share Mutual Funds Elliv Hidayatul Lailiyah; Rahmat Setiawan
IQTISHODUNA: Jurnal Ekonomi Islam Vol. 9 No. 2 (2020): October
Publisher : Program Studi Ekonomi Islam Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Syarifuddin Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36835/iqtishoduna.v9i2.489

Abstract

The Muslim population in Indonesia is one of the highest at around 87%. The high population of the Muslim in Indonesia should be able to provide great potential in terms of Islamic finance as an investment activity, which will certainly contribute positively to the Indonesian economy. Investors will always be interested in investment with high returns and low risk. One of the alternatives is mutual funds, especially sharia equity mutual funds. The choice of the right mutual fund should pay attention to how the performance of the mutual fund. This study examines how the performance of sharia equity mutual funds using the Sharpe, Treynor, and Jensen methods are affected by stock selectivity skills, market timing ability, risk, and size during 2012-2017. The finding of this research is stock selectivity skills, market timing ability, risk, and size are a significantly positive influence on the performance of sharia equity mutual fund. The influence of stock selectivity skill, market timing ability, risk, and size are very strong if measured by the treynor method.
Motif perusahaan dalam stock repurchase Elliv Hidayatul Lailiyah; Sri Maemunah Soeharto
FORUM EKONOMI Vol 21, No 2 (2019): Juli
Publisher : Faculty of Economics and Business Mulawarman University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30872/jfor.v21i2.4846

Abstract

Penelitian ini mengenai motif stock repurchase terutama motif distribusi kas, investasi dan struktur modal (meningkatkan rasio leverage). Sampel ditentukan dengan metode purposive sampling dengan kriteria tertentu, yaitu perusahaan non-keuangan yang terdaftar di Bursa Efek Indonesia pada 2012-2017 dan melakukan pembelian kembali saham antara periode 2013 hingga 2017. Regresi linier berganda digunakan untuk analisis data. Penelitian ini menemukan bahwa motif untuk distribusi kas adalah motif utama perusahaan dalam melakukan stock repurchase karena hal ini sesuai dengan tujuan perusahaan yaitu memaksimalkan kekayaan pemegang saham. Stock repurchase dilakukan untuk motif investasi karena perusahaan memiliki kelebihan kas dan tidak memiliki peluang investasi menguntungkan lainnya. Studi ini tidak mendukung motif signaling undervaluation, karena di Indonesia tidak hanya perusahaan undervalue yang melakukan stock repurchase tetapi perusahaan yang overvalue juga melakukan. Penelitian ini membuktikan bahwa motif untuk meningkatkan rasio leverage juga merupakan salah satu alasan perusahaan melakukan stock repurchase. Perusahaan dengan rasio leverage di bawah target cenderung untuk membeli kembali saham mereka.
Co-Authors RAHMAT SETIAWAN Sri Maemunah Soeharto