Image of Pengaruh Internasionalisasi Terhadap Struktur Modal pada Perusahaan di Negara ASEAN-4 Periode 2003-2012 (Terjadinya, Sebelum dan Sesudah Krisis Finansial Global)

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Pengaruh Internasionalisasi Terhadap Struktur Modal pada Perusahaan di Negara ASEAN-4 Periode 2003-2012 (Terjadinya, Sebelum dan Sesudah Krisis Finansial Global)

This study aims to determine the impact of internationalization on companies’ capital structures, especially on the leverage level. This research was conducted using a balanced data panel and the fixed effect robust method. The research comprises 60 listed companies from 5 selected sectors (basic materials, consumer discretionary, consumer staples, industrials, telecommunication and technology) in ASEAN-4 countries (Indonesia, Singapore, Thailand, and Malaysia), with a total of 600 observations over the years 2003–2012, including the during, before and after the global financial crisis period. The results of this study show that internationalization has a significant negative effect on a company’s leverage. Companies that have international operations or have already implemented an internationalization strategy have a lower leverage level compared to companies that don't have international operations. Over the years 2003–2012, including the before and after the global financial crisis period, control variables such as political risk, size, return on assets and growth have had a significant effect on ASEAN-4’s companies' leverage levels.Ada Tabel

Ketersediaan

Call NumberLocationAvailable
13795PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen Fakultas Ekonomi dan Bisnis UI.,
Edisi -
Subjek ASEAN
Capital structure
Global financial crisis
Internationalization
4
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xv, 88 p. ; diagr. ; 30 cm
Info Detail Spesifik -
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