Claim Missing Document
Check
Articles

Found 4 Documents
Search

AN EMPIRICAL ANALYSIS OF FACTORS INFLUENCING PERFORMANCE OF SHARIAH MUTUAL FUNDS IN INDONESIA A. Dewantoro Marsono; Ubud Salim; Kusuma Ratnawati; Siti Aisjah
Jurnal Aplikasi Manajemen Vol 20, No 4 (2022)
Publisher : Faculty of Economics and Business, Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/ub.jam.2022.020.04.11

Abstract

This paper aims to identify the factors that affect the performance of shariah mutual funds. This study uses SEM to test the factors that hypothetically influence mutual fund performance, namely mutual fund manager skills, characteristics, and analyst coverage. This study uses a sample of 45 mutual funds registered with the OJK [financial services authority] for at least three years: equity funds, fixed-income funds, and mixed funds. The results indicate that fund manager skills negatively influence mutual fund performance but not significantly. In addition, the characteristics positively affect the mutual fund performance but are insignificant. Last, analyst coverage is positively influencing the mutual fund performance significantly. The results provide information that would benefit the investors in predicting the performance of shariah mutual funds and the fund managers to improve the performance of their managed funds. Further research will ascertain the inability of market-timing skills and asset allocation strategies to improve mutual fund performance.
Does Parent Behavior Influence Children Financial Behavior? Irma Kurniasari; Sumiati Sumiati; Kusuma Ratnawati
Journal of International Conference Proceedings Vol 6, No 1 (2023): 2023 ICPM Malang Proceeding
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jicp.v6i1.2274

Abstract

Artikel ini mengeksplorasi dampak perilaku orang tua terhadap perilaku keuangan anak. Penelitian menunjukkan bahwa sikap dan perilaku orang tua terhadap uang dapat secara signifikan membentuk kebiasaan dan keyakinan finansial anak-anak mereka. Teladan keuangan yang positif dan komunikasi terbuka tentang uang dapat membantu anak-anak mengembangkan perilaku keuangan yang sehat, sementara perilaku dan sikap negatif dapat mengarah pada kebiasaan dan keyakinan keuangan yang negatif. Oleh karena itu, sangat penting bagi orang tua untuk mencontohkan kebiasaan keuangan yang baik dan berkomunikasi secara positif tentang uang untuk membantu anak-anak mereka mengembangkan perilaku keuangan yang bertanggung jawab. Tinjauan literatur sistematis adalah metodologi penelitian yang digunakan untuk mengidentifikasi dan mengevaluasi secara kritis literatur yang ada pada topik tertentu. Ini melibatkan pencarian yang komprehensif dan terstruktur dari berbagai database dan sumber untuk mengidentifikasi artikel, makalah, dan studi yang relevan yang terkait dengan pertanyaan penelitian atau topik yang diminati. Tujuan dari tinjauan literatur sistematis adalah untuk memberikan ringkasan yang komprehensif dan objektif tentang keadaan pengetahuan saat ini tentang topik tertentu, mengidentifikasi kesenjangan dalam literatur, dan memberikan rekomendasi untuk penelitian di masa depan. Kata kunci: Perilaku orang tua, Perilaku anak, Keuangan
The Role of Personality Traits as Mediation: The Effect of Financial Literacy and Risk Perception on Investment Decision Yeni Tri Herliana; Kusuma Ratnawati; Djumahir Djumahir
Journal of Business and Management Review Vol. 4 No. 6 (2023): (Issue-June)
Publisher : Profesional Muda Cendekia Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47153/jbmr46.7202023

Abstract

The complexity of making investment decisions can be shown through the emotions and patterns of behavior that vary when large investors make investment decisions. Emotions and behavior patterns can be formed from the personality, and knowledge possessed and understood by investors. This study has two main objectives: first, to find out the direct relationship between financial literacy, risk perception, the big five personality traits, and investment decisions; second, to find out the role of the big five personality traits as mediators in the relationship between financial literacy, risk perception, and investment decisions. This research was conducted on six University Investment Galleries members in Malang City. The sampling technique used in this study is proportional sampling. The sample size in this study was 130 respondents obtained by calculating the Slovin formula. Data collection was carried out by distributing questionnaires online to members of the investment gallery. The collected data was then analyzed using SEM-PLS. This study's results indicate a direct relationship between financial literacy, risk perception, the big five personality traits, and investment decisions. Not only that, but the results of this study also explain that the big five personality traits act as a partial mediation in the relationship between financial literacy, risk perception, and investment decisions. This study also found that investors with an open personality tend to be more receptive to information related to finance because investors are more aware of dynamic capital market movements. Hence, investors with an open personality tend to be more adaptable to new things.
PENGARUH DUKUNGAN ORGANISASI TERHADAP KOMITMEN ORGANISASIONAL DAN KINERJA ANGGOTA Dian MujiLestari; Kusuma Ratnawati
Jurnal Kewirausahaan dan Inovasi Vol. 2 No. 1 (2023): IN PRESS
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The objective of this research is to identify the effect of organizational support on organizational commitment and member performance. This study is categorized as an associative research, which examines the effect of organizational support on the organizational commitment and performance of the members of student research institution of Universitas Brawijaya. The data was harvested from online questionnaires distributed to 47 respondents and was analyzed using Partial Least Squares in SmartPLS 3.0. The results indicate that organizational support positively and significantly influences organizational commitment, that organizational support positively and significantly influences member performance, and that organizational commitment does not significantly affect member performance. This research is able to prove that members of the said institution whose funding application for the 2021 PKM Dikti was approved and who received sufficient support from their organization are able to increase their organizational commitment to perform. The outcome finally leads to their higher performance in their organization.