Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)

This study tests pecking order theory for companies that listed on Kompas 100 market index. Whether those company will fullfill their financing deficit by debt or equity. If they fill their financing deficit by debt it means they follow pecking order theory. This study observes at 2009-2011. In this...

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Main Authors: , AJI WAHYU NUGROHO, , Prof. Marwan Asri, M.B.A., Ph.D.
Format: Thesis
Published: [Yogyakarta] : Universitas Gadjah Mada 2013
Subjects:
ETD
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author , AJI WAHYU NUGROHO
, Prof. Marwan Asri, M.B.A., Ph.D.
author_facet , AJI WAHYU NUGROHO
, Prof. Marwan Asri, M.B.A., Ph.D.
author_sort , AJI WAHYU NUGROHO
collection UGM
description This study tests pecking order theory for companies that listed on Kompas 100 market index. Whether those company will fullfill their financing deficit by debt or equity. If they fill their financing deficit by debt it means they follow pecking order theory. This study observes at 2009-2011. In this study consider heterogeinity and control this heterogeinity by divide the sample into two sub-sample that consists of the group that categorize as high debt capacity companies and a group that categorize as low debt capacity companies. Thus test the pecking order theory base on financial deficit. The assumption of financial deficit is a companies will fill their financing deficit by debt until they debt constrain and when it has exhausted then it will fill by equity. The result of this study show that companies that categorize as high debt capacity follow pecking order theory and companies that categorize as low debt capacity do not follow pecking order theory.
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spelling oai:generic.eprints.org:1200612016-03-04T08:21:46Z https://repository.ugm.ac.id/120061/ Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011) , AJI WAHYU NUGROHO , Prof. Marwan Asri, M.B.A., Ph.D. ETD This study tests pecking order theory for companies that listed on Kompas 100 market index. Whether those company will fullfill their financing deficit by debt or equity. If they fill their financing deficit by debt it means they follow pecking order theory. This study observes at 2009-2011. In this study consider heterogeinity and control this heterogeinity by divide the sample into two sub-sample that consists of the group that categorize as high debt capacity companies and a group that categorize as low debt capacity companies. Thus test the pecking order theory base on financial deficit. The assumption of financial deficit is a companies will fill their financing deficit by debt until they debt constrain and when it has exhausted then it will fill by equity. The result of this study show that companies that categorize as high debt capacity follow pecking order theory and companies that categorize as low debt capacity do not follow pecking order theory. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , AJI WAHYU NUGROHO and , Prof. Marwan Asri, M.B.A., Ph.D. (2013) Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011). UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=60069
spellingShingle ETD
, AJI WAHYU NUGROHO
, Prof. Marwan Asri, M.B.A., Ph.D.
Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)
title Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)
title_full Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)
title_fullStr Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)
title_full_unstemmed Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)
title_short Pengujian Perilaku Keuangan Perusahaan Menggunakan Pecking Order dengan Debt Capacity (Penelitian pada Perusahaan yang Terdaftar di Indeks Kompas 100 Periode 2009-2011)
title_sort pengujian perilaku keuangan perusahaan menggunakan pecking order dengan debt capacity penelitian pada perusahaan yang terdaftar di indeks kompas 100 periode 2009 2011
topic ETD
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AT profmarwanasrimbaphd pengujianperilakukeuanganperusahaanmenggunakanpeckingorderdengandebtcapacitypenelitianpadaperusahaanyangterdaftardiindekskompas100periode20092011