Pengujian pecking order theory pada pasar modal Indonesia
This research is aimed at empirically proofing the pecking order theory. Additionally, it is specifically focused on investigating the influence of assets tangibility, firm size, growth, and profitability variables to leverage, in clarifying the decision making process among the companies within the...
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格式: | Theses and Dissertations NonPeerReviewed |
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[Yogyakarta] : Universitas Gadjah Mada
2010
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在線閱讀: | https://repository.ugm.ac.id/85193/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=46057 |
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總結: | This research is aimed at empirically proofing the pecking order theory. Additionally, it is specifically focused on investigating the influence of assets tangibility, firm size, growth, and profitability variables to leverage, in clarifying the decision making process among the companies within the Indonesian stock market. Those variables have significant correlations with various assumptions in pecking order theory. The data used in this research are financial ratios gathered from 99 sample companies during the period of 2002 to 2007. This research applied the multiple regression method by using debt ratio as the fixed variable; and profitability, growth and firm size as the free variables. The result shows that there is an indication of pecking order theory contribution in the financial decisions process among the companies within the Indonesian stock market. |
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