PERBEDAAN PENERAPAN STANDAR ISLAMIC STOCK SCREENING DAN SOCIAL ENVIRONMENT INDEX TERHADAP KINERJA PORTOFOLIO SAHAM BEI

Authors

  • Putri Dona Balgis Fakultas Ekonomi dan Bisnis, Universitas Padjajaran
  • Tettet Fitrijanti Fakultas Ekonomi dan Bisnis, Universitas Padjajaran
  • Citra Sukmadilaga Fakultas Ekonomi dan Bisnis, Universitas Padjajaran

DOI:

https://doi.org/10.26418/apssai.v1i1.7

Keywords:

Islamic stock screening, Portfolio performance, Social environment index.

Abstract

This research examined differences of portfolio performance before adding indicator of social environment index from five standards (ISSI, FTSE, MSCI, DJIM and S&P) and differences of portfolio performance before and after adding indicator of social environment index.The result concludes portfolio performance using the Sharpe measure significantly different, while Treynor and Jensen Alpha did not show a significant difference of performance, there is also no significant difference of portfolio performance (Sharpe, Treynor and Jensen Alpha) before and after adding indicator social environment index. It shows that addition of indicator social environment index is not affected portfolio performance.

Downloads

Published

02-10-2021

How to Cite

Balgis, P. D., Fitrijanti, T., & Sukmadilaga, C. (2021). PERBEDAAN PENERAPAN STANDAR ISLAMIC STOCK SCREENING DAN SOCIAL ENVIRONMENT INDEX TERHADAP KINERJA PORTOFOLIO SAHAM BEI. APSSAI ACCOUNTING REVIEW, 1(1), 1–19. https://doi.org/10.26418/apssai.v1i1.7

Issue

Vol. 1 No. 1 (2021): Oktober

Section

Articles

License

Copyright (c) 2021 by Authors

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

License

APPSAI Accounting Review is licensed under Creative Commons Attribution 4.0 International License.

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Copyright

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of initial publication in this journal.

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work (See The Effect of Open Access).