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Tujuan - Penelitian ini bertujuan untuk menganalisis dan mengetahui pengaruh portfolio turnover dan stock selection skill terhadap kinerja reksadana pada perusahaan reksadana campuran di Indonesia tahun 2018-2020. Desain/Methodologi/Pendekatan - Alat analisis yang digunakan dalam penelitian ini adalah deskriptif statistik dan regresi data panel. Teknik penarikan sampel menggunakan teknik purposive sampling yaitu sebanyak 38 perusahaan reksadana campuran. Temuan penelitian - Hasil penelitian menunjukkan bahwa portfolio turnover berpengaruh positif dan tidak signifikan terhadap kinerja reksadana dan stock selection skill berpengaruh positif dan signifikan terhadap kinerja reksadana. Orsinalitas/nilai – Pada penelitian ini menggunakan objek reksadana campuran di Indonesia dimana perusahaan tersebut masih minim untuk diteliti terutama pada variabel portfolio turnover, stock selection skill, dan kinerja reksadana

This study explores market timing and stock selection by investment managers during the Covid-19 in Indonesia. By applying several sample criteria to the population of mutual funds registered at OJK, we found 55 stock mutual funds using the purposive sampling. We processed data using the STATA16 computer program. The Treynor-Mazuy conditional inflation and exchange rate model, according to the findings of this study, can show that market timing and stock selection for mutual fund managers have a positive and significant impact on improving the performance of equity fund portfolios during the pandemic in Indonesia. In Indonesia, there are 5 equities mutual funds having positive or market timing skills, accounting for 9.09 percent of all equity mutual funds, whereas the remaining 90.91 percent do not. The positive coefficient of the gamma variable shows that the investment manager’s ability to market time is expected to result in higher stock mutual fund returns. Positive or stock selectivity characteristics are available in 45 equity mutual funds, or 81.18 percent. The contribution of this study focuses on exchange rate and inflation. However, there needs to be a relevant followup comparison before the pandemic occurs. In addition, it is necessary to consider other elements in the macro-economy.

Village-Owned Enterprises (BUMdes) are business entities who’s entire or most of the capital is owned through direct participation originating from separated village assets to manage service assets and other businesses for the most excellent welfare of the village community. However, usually, BUMdes administrators tend to experience uncertainty when starting their business. Therefore, we need a work plan made by BUMdes in the field of entrepreneurship. These activities must be written and official to run their business because BUMdes is like a company, so planning and mapping are needed and later will require an evaluation process of the business model they have established. One way to simplify business model mapping and analysis is to use the Business Model Canvas by drawing nine canvas blocks. The nine blocks are interrelated with each other so that companies can design and evaluate strategies in each of the canvas blocks. This service is carried out in the village of Sepakat Loa Kulu, Kutai Kartanegara. This community service activity uses the training method and structured assistance. The result of this activity is that the BUMDes members in the village agree that Loa Kulu Kutai Kartanegara can plan the BUMDes business by using the Business Model Canvas to facilitate the mapping and analysis of the BUMDes business model in the Sepakat Village with the ultimate goal of advancing the economy in the Sepakat Village of Kutai Kartanegara

Profits that are calculated to finance unexpected cash need expedite management. This paper investigates the effect of corporate governance on cash holdings with systematic risk as a moderating variable. The population consists of companies from the property and real estate sectors listed on the Indonesia Stock Exchange (IDX) during 2012–2020. Through the purposive sampling technique, the sample obtained 41 companies as the study object. Data analysis is focused on panel data and its interpretation through the Moderated Regression Analysis (MRA). Hypothesis testing uses statistical terms at the 5% probability level. Important findings underline that corporate governance has a positive significant effect on cash holdings, while systematic risk has a negative insignificant effect. On the other hand, the moderation between corporate governance and cash holdings through systematic risk is positive significant. Systematic risk reflects the reliability of a stock; when the risk is higher, it tends to increase in cash flow situations, and investors prefer high-risk investments with the expectation of profit from returns. It is hoped that future contributions will serve as reference material for academics, government, and companies engaged in the financial service sector.

This study provides an overview of the situation and condition of the share price of publicly listed companies on the Indonesia Stock Exchange (IDX) and the impact of the Covid-19 pandemic experienced by the investor community on the performance of the Indonesia capital market. The data collection of this research was carried out by survey techniques by giving online questionnaires to the respondents. This study uses semantic scale analysis to measure respondents' views about the share price of their portfolio, the impact of the pandemic, and the performance of the Indonesian capital market. We performed validity, reliability, and hypothesis tests in forming a well-fitted model. The results of this study indicate that all the variables studied are valid and reliable, the hypothesis of the proposed statement is accepted that meets the significance level of the F-test and t-test, meaning that the strength of the issuer's stock price and the impact of the Covid-19 pandemic. This is able to explain and influence the performance variables of the Indonesian capital market by 74.7% out of 100 respondents in 2020.

This study aims to analyze the effect of market timing ability and fund size of mutual funds on the performance of equity funds. This research was conducted at a mutual fund company registered in the Financial Services Authority (OJK) 2018-2019 period. This study uses purposive sampling with a total sample of 65 mutual fund shares. The type of data used is quantitative data and data sources in the form of company annual financial statements. Data analysis tools used are descriptive statistics and panel data regression. The results of this study indicate that the market timing ability has a significant positive effect on the mutual fund performance and the fund size has a significant negative effect on the mutual fund performance.

Management of mutual funds Portfolios by investment managers and bank as dealers of mutual funds portfolios, good corporate governance banking be able to support cooperation with mutual funds companies who manages mutual funds portfolio. This explanatory methodology research is used in several phases technique analysis that is forming equation function of mutual funds performance portfolio with indicated net assets value of every mutual funds portfolio and equation function of good corporate governance with indicated the composite Good Corporate Governance aspects. This research found that balanced mutual portfolios and fixed income mutual portfolios able to explain Good Corporate Governance model by the positive influence means that performance management can optimize of return efforts if the banking composite Good Corporate Governance value predicated very good. The excellent Good corporate governance banking capable of being described by equity mutual funds portfolios and money market mutual funds portfolios by negative influence means performance management of equity mutual funds portfolios and money market mutual funds portfolios not efforts to getting optimize return achievement.

This research is to examine the effect of inflation, interest rate, exchange rate and money supply on stock returns LQ 45 listed on the Indonesia Stock Exchange. The object of this research is the return - shares out of the category LQ 45 years of research by 2010-2015. Its Sampling using purposive sampling and get the 24 stocks that meet the criteria of 45 stocks LQ 45 as a sample. Thus, the number of samples studied was 144 shares for 6 years. The method used is multiple linear regression analyzes that examine whether or not a significant variable - the independent variable on the dependent variable. Based on the results known that R indicates that there is an ideal relationship of Inflation, Interest Rate, Exchange Rate and Money Supply to ward to Return shares in LQ 45. R square indicates that the variable inflation rates, interest rates, the value of exchange rate and the money supply can explain the variable return shares at LQ 45 index. Based on F test indicates the same that the variable inflation rate, interest rate, exchange rate and money supply have a significant influence on shares returns in LQ 45 listed on Indonesia Stock Exchange. The results of T test showed that the rate of inflation significant and negative effect on shares returns and interest rates positive and significant effect on shares returns while exchange Rate and the money supply no significant effect on shares returns in LQ 45 Listed on Indonesia Stock Exchange. Keywords: stock return, Inflation, Interest Rate, Exchange Rate, Money Supply.

The achievement of optimize mutual funds portfolio can increase financial performance banking be better and so their relations between mutual funds manager. Data is collected from the stock share portfolio report that are presented on record the balance of each company mutual funds report in partnership with banks as a sales agent of the mutual funds, with use linear programming application software POM for window and multiple regression application SPSS. The research results obtained the equity composition is Optimize investment portfolio mutual funds this could be achieved by 6-7 kind of mutual funds stock, 9-10 kind of balanced mutual funds, 13-14 kind of mutual funds fixed income and 12-13 kind of money market mutual funds, mean there are 40-44 kind of portfolio mutual funds that can be maximized distribution of a product mutual funds it by bank as dealers products the mutual funds can optimize mutual funds portfolio up to value of IDR 1263.66 through banking financial performance.Keywords: mutual funds portfolio, finance banking performance, investment managerJEL Classifications: G2, G11