Text
Pengaruh leverage, efisiensi dan ekspektasi pertumbuhan laba pada market-beta
This paper empirically investigates the determinants of stocks' market-beta. Based on previous research and our predictions, we develop a pooled regression model to test the impact of operating leverage, financial leverage, firm efficiency, and firm expected growth on market-beta. The sampel consists of stocks consistently included in the LQ45 index for the period of 2000-2004. The results indicate that operating leverage and expected growth both show significat positive impact on market-beta. Firm efficiency shows significat negative effect on market-beta, while financial leverage does not show any significant impact on market-beta.Printed Journal
Call Number | Location | Available |
---|---|---|
PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Lembaga Manajemen Fakultas Ekonomi Universitas Indonesia., |
---|---|
Edisi | - |
Subjek | Financial leverage Jakarta Sock Exchange market beta operation leverage |
ISBN/ISSN | 3029859 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |