Image of Perbandingan kebijakan leverage antara perusahaan multinasional dan domestik : studi empiris di kawasan regional ASEAN 5

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Perbandingan kebijakan leverage antara perusahaan multinasional dan domestik : studi empiris di kawasan regional ASEAN 5

This study compared the leverage policy between multinational and domestic firms. Previous research stated that multinational firms have higher leverage levels than domestic firms because multinational firms have more ability to access international capital markets. Moreover, multinational firms have diversified operation industrially and geographically, which reduce its business and corporate finance risks, resulting the decrease in cost of debt. This research focused on nonfinancial and non-utilities firms in ASEAN 5 countries over the 2007-2011 period as the study sample. This research found that, by controlling the characteristics of firms that are closely related to the level of leverage, multinational firms have higher leverage levels than domestic firms. This research also found that multinational and domestic firms do not differ significantly in terms of speed of leverage adjustment to optimal leverage level.Ada tabel

Ketersediaan

Call NumberLocationAvailable
8272PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen, Fakultas Ekonomi Universitas Indonesia.,
Edisi -
Subjek Capital structure of companies
Leverage
Multinational firm
Domestic firm
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xviii, 163 p. : diagr. ; 30 cm.
Info Detail Spesifik -
Other Version/Related Tidak tersedia versi lain
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