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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Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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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. |
first_indexed | 2024-03-13T22:51:37Z |
format | Thesis |
id | oai:generic.eprints.org:120061 |
institution | Universiti Gadjah Mada |
last_indexed | 2024-03-13T22:51:37Z |
publishDate | 2013 |
publisher | [Yogyakarta] : Universitas Gadjah Mada |
record_format | dspace |
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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