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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 |