Image of Pengaruh Dimensi Budaya Nasional terhadap Keputusan Struktur Modal Perusahaan: Studi Empiris Kelompok Negara Emerging Market Asia

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Pengaruh Dimensi Budaya Nasional terhadap Keputusan Struktur Modal Perusahaan: Studi Empiris Kelompok Negara Emerging Market Asia

This study aim is to investigates four Hofstede?s national culture dimensions; individualism, masculinity, uncertainty avoidance, and long-term orientation effect on firm?s capital structure decision. Furthermore, this paper also determines those culture influence on firm?s preference of long-term and short-term debt. The influence that culture made through corporate risk-taking may drive firm?s capital structure decision. To examine the influence this study empirically tests a cross-sectional data sample that consist 1901 firms from 3 sector and 10 emerging market asia countries with ordinary least square (OLS) method. The result shows that there is positive and significant effect from masculinity and uncertainty avoidance to both firm short and long-term debt-to-equity ratio. However, individualism shows opposite direction in the effect to both short and long-term debt-to-equity ratio. On the long-term orientation dimension, this study foundAda Tabel

Ketersediaan

Call NumberLocationAvailable
12920PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Indonesia.,
Edisi -
Subjek Debt
Risk
Equity
Capital structure
National culture
to
Taking
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xvi, 139 p. ; diagr. ; 30 cm
Info Detail Spesifik -
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