Title:  STOCK INVESTMENT DIVERSIFICATION: COMPARISON OF TOTAL PORTFOLIO RISK THROUGH DOMESTIC AND INTERNATIONAL DIVERSIFICATION.

Author: TYAS AURUMA S

Item Type : Thesis (Thesis)

Affiliations: Master of Management Study Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia

Publisher: Universitas Airlangga

Abstract

This study aims to obtain empirically evidence of differences in the total risk of the portfolio generated through international diversification with the total risk of the portfolio generated through domestic diversification, and regarding the effect of the number of shares in the portfolio on the total risk of the portfolio. The technique used in this study is the t test of the difference in two average groups of independent samples and estimated influences using simple regression equations. The sample used both for international diversification and domestic diversification uses as many as 21 shares selected randomly, with a study period from the beginning of January 2011 - the end of December 2011. The results showed that there were differences in the total risk of the portfolio generated through international diversification with domestic, namely international diversification had a total risk portfolio than the total risk portfolio owned by domestic diversification in all exchanges and the number of stocks had a negative negative effect on the total risk of domestic portfolio.

Keywords: Domestic diversification, international diversification, the number of shares, and portfolio risk

Sources: http://repository.unair.ac.id/37033/