Tesis
Dampak Thin Capitalisation Rule terhadap Struktur Modal dan Kinerja Perusahaan: Studi pada Perusahaan di Indonesia
This study aims to investigate the impact of Indonesia's thin capitalisation rule on capital structure and firm performance. This study improves similar studies in Indonesia regarding methodology, as the canonical difference-in-difference method used by previous researchers may lead to bias. This study finds that the thin capitalisation rule reduces firms' DER. This reduction in DER is caused by a simultaneous reduction in debt and equity. However, DER is reduced because the debt reduction is greater than the equity reduction. The decline in debt is caused by a decrease in external debt, while internal debt remains unchanged. This study also finds that the thin capitalisation rule, on average, has no effect on firm performance. In addition, this study also shows that the thin capitalisation rule is successful in the short term because it is able to reduce DER significantly. Still, DER increases again in the long-term until it is almost close to the condition before implementing the thin capitalisation rule.
| Call Number | Location | Available |
|---|---|---|
| T 133/23 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Australia: Program Studi Pascasarjana Ilmu Ekonomi Fakultas Ekonomi dan Bisnis UI 2023 |
|---|---|
| Edisi | - |
| Subjek | Tax avoidance Capital structure Thin capitalization Firm performance |
| ISBN/ISSN | - |
| Klasifikasi | NONE |
| Deskripsi Fisik | x, 28 p. ; 30 cm |
| Info Detail Spesifik | Tesis |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |