THE EFFECT OF CORPORATE GOVERNANCE ON CAPITAL STRUCTURE: EMPIRICAL STUDY IN INDONESIAN FIRMS

MARIANA ING MALELAK, 041041016 (2012) THE EFFECT OF CORPORATE GOVERNANCE ON CAPITAL STRUCTURE: EMPIRICAL STUDY IN INDONESIAN FIRMS. Thesis thesis, UNIVERSITAS AIRLANGGA.

[img]
Preview
Text (ABSTRAK)
abstrak.pdf

Download (281kB) | Preview
[img] Text (FULLTEXT)
4.pdf
Restricted to Registered users only

Download (1MB) | Request a copy
Official URL: http://lib.unair.ac.id

Abstract

The purpose of this research is to test whether there is an influence of corporate governance characteristics (Board Size, Board Composition, Percentage of Managerial Ownership and Institutional Shareholding) on capital structure in Indonesian Firms, using five control variables: tangibility, profitability, growth opportunity, size and cash holding. This research used the non- financial firms listed in Indonesian Stock Exchange (IDX) at the period 2000-2010 and used panel data regression analysis method. The results showed that at the period 2000-2010, institutional shareholding, profitability, size and cash holding have a significant effect on capital structure (long term debt ratio in market values) and board size, board composition, profitability and size have a significant effect on long term debt ratio in book values. In a whole, all of the independent variables have significant effect on capital structure.

Item Type: Thesis (Thesis)
Additional Information: KKB KK-2 TSM 04/13 Mal e
Uncontrolled Keywords: Corporate Governance, Capital Structure, Board Size, Board Composition, Percentage of Managerial Ownership, Institutional Shareholding, Tangibility, Profitability, Growth opportunity, Size, Cash holding, Panel Data Analysis
Subjects: H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation
Divisions: 04. Fakultas Ekonomi dan Bisnis > Magister Sains Manajemen
Creators:
CreatorsEmail
MARIANA ING MALELAK, 041041016UNSPECIFIED
Contributors:
ContributionNameEmail
ContributorGancar Candra Premananto, Dr., M.SiUNSPECIFIED
Depositing User: Nn Husnul Khotimah
Date Deposited: 2016
Last Modified: 12 Oct 2016 04:11
URI: http://repository.unair.ac.id/id/eprint/37031
Sosial Share:

Actions (login required)

View Item View Item