Analisis pengaruh diversifikasi terhadap kinerja perusahaan : studi perusahaan tercatat di Bursa Efek Indonesia periode 2006-2011

Deskripsi

This study investigates the effect of diversification on firm performance using data of Indonesian listed companies during 2006-2011 employing quantile regression approach. This empirical results show that the effect of diversification on firm performance is negative, using Return on Assets (RoA) as measure of performance, and this effect becomes increasingly negative on firm performance for companies with relatively high performance. Using Tobin?s q as performance measure, the effect of diversification on firm performance is negative for companies with middle high performance, and this effect becomes increasingly negative until Tobin?s q quantile 0.70.Ada tabel