INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN
This paper examined a comprehensive test of the interdependencies amonginvestment decisions, financing decisions and dividend decisions. Three simultaneous equationmodels were used. By applying Two Stage Least Square (2-SLS) technique to 122 firms listed onIndonesian Stock Exchange, it was found out...
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| Format: | Article |
| Language: | English |
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Universitas Merdeka Malang
2017-03-01
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| Series: | Jurnal Keuangan dan Perbankan |
| Subjects: | |
| Online Access: | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/922 |
| _version_ | 1830450438855458816 |
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| author | Linda Purnamasari Sri Lestari Kurniawati Melliza Silvi |
| author_facet | Linda Purnamasari Sri Lestari Kurniawati Melliza Silvi |
| author_sort | Linda Purnamasari |
| collection | DOAJ |
| description | This paper examined a comprehensive test of the interdependencies amonginvestment decisions, financing decisions and dividend decisions. Three simultaneous equationmodels were used. By applying Two Stage Least Square (2-SLS) technique to 122 firms listed onIndonesian Stock Exchange, it was found out that there was no significant interdepenciesamong firm’s investment decisions, financing decisions and dividend decisions. Our resultsuggested the causality flow between firm’s investment decisions and dividend decisions wasbidirectional and positive, the causality flow between investment and financing decisions wasbidirectional and positive, while the causality flow between financing and dividend decisionswas bidirectional and negative. |
| first_indexed | 2024-12-21T08:16:28Z |
| format | Article |
| id | doaj.art-1c52a751ae6840a9bd18267da521282b |
| institution | Directory Open Access Journal |
| issn | 1410-8089 2443-2687 |
| language | English |
| last_indexed | 2024-12-21T08:16:28Z |
| publishDate | 2017-03-01 |
| publisher | Universitas Merdeka Malang |
| record_format | Article |
| series | Jurnal Keuangan dan Perbankan |
| spelling | doaj.art-1c52a751ae6840a9bd18267da521282b2022-12-21T19:10:33ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872017-03-01131106119639INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDENLinda Purnamasari0Sri Lestari Kurniawati1Melliza Silvi2Jurusan Manajemen STIE Perbanas Surabaya Jl. Nginden Semolo 34-36, Surabaya 60118Jurusan Manajemen STIE Perbanas Surabaya Jl. Nginden Semolo 34-36, Surabaya 60118Jurusan Manajemen STIE Perbanas Surabaya Jl. Nginden Semolo 34-36, Surabaya 60118This paper examined a comprehensive test of the interdependencies amonginvestment decisions, financing decisions and dividend decisions. Three simultaneous equationmodels were used. By applying Two Stage Least Square (2-SLS) technique to 122 firms listed onIndonesian Stock Exchange, it was found out that there was no significant interdepenciesamong firm’s investment decisions, financing decisions and dividend decisions. Our resultsuggested the causality flow between firm’s investment decisions and dividend decisions wasbidirectional and positive, the causality flow between investment and financing decisions wasbidirectional and positive, while the causality flow between financing and dividend decisionswas bidirectional and negative.http://jurnal.unmer.ac.id/index.php/jkdp/article/view/922investment, financing, dividends, simultaneous equation |
| spellingShingle | Linda Purnamasari Sri Lestari Kurniawati Melliza Silvi INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN Jurnal Keuangan dan Perbankan investment, financing, dividends, simultaneous equation |
| title | INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN |
| title_full | INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN |
| title_fullStr | INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN |
| title_full_unstemmed | INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN |
| title_short | INTERDEPENDENSI ANTARA KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEPUTUSAN DIVIDEN |
| title_sort | interdependensi antara keputusan investasi keputusan pendanaan dan keputusan dividen |
| topic | investment, financing, dividends, simultaneous equation |
| url | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/922 |
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