Text
Pengujian teori pecking order dalam pembentukan struktur modal pada perusahaan-perusahaan non-keuangan yang terdaftar di BEI periode 2001-2007
A firm ultimate goal is to maximize the firm value to the benefit of its shareholders. In order to do so, the firm?s manager has to take actions that will increase the firm?s value. Sufficient funding is also needed, so thah a firm could operate to its optimum potential capital structure decision has a significant role within a firm?s financial management due to its effect on both risk and return for the shareholder. Among the theories that focus on capital structure is the pecking order theory by Myers and Majluf (1984). This theory propose that a firm will prefer to fund its capital needs by using internal funding rather than using external funding. External funding will only be used when internal funding sources are met sufficient to cover the firm?s capital need. This research finds that the capital structure behaviour of the sample firms do not follow the same pattern proposed by the pecking order theory and each industry has unique capital structure behaviour.Ada tabel
Call Number | Location | Available |
---|---|---|
6567 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Departemen Manajemen, Fakultas Ekonomi Universitas Indonesia., 2009 |
---|---|
Edisi | - |
Subjek | Financing Capital structure of companies Pecking order theory |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xiv, 77 p. ; 30 cm. |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |