JEFMS Journal

ABSTRACT:

This study aims to examine the effect of volume of capital on investment performance moderated by leverage in life insurance companies in Indonesia. This topic was investigated because of the phenomena and differences in results regarding the low investment performance of several life insurance companies in Indonesia. The population of this study is established life insurance companies registered with the Financial Services Authority during the 2017-2021 period with a total sample of 116 taken using the purposive sampling method. The data analysis method used is moderate regression analysis with the results showing that the volume of capital does not affect investment performance, but after the volume of capital is moderated with leverage, it can affect investment performance.

KEYWORDS:

Investment Performance, Leverage, Volume of Capital, and Life Insurance Companies.

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