LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS, DAN KEPUTUSAN INVESTASI
This study aims to examine the effect of corporate liquidity to investment decision moderated by the level of cash flow sensitivity using non financial companies listed on Stock Exchange from period 2005-2009, consist of 164 companies with 328 observastions.The results of this study are: First, corp...
| Main Authors: | , |
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2012
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| _version_ | 1797032482243084288 |
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| author | , Destria Kurnianti , Prof. Dr. Marwan Asri, MBA, |
| author_facet | , Destria Kurnianti , Prof. Dr. Marwan Asri, MBA, |
| author_sort | , Destria Kurnianti |
| collection | UGM |
| description | This study aims to examine the effect of corporate liquidity to
investment decision moderated by the level of cash flow sensitivity using non
financial companies listed on Stock Exchange from period 2005-2009,
consist of 164 companies with 328 observastions.The results of this study
are: First, corporate liquidity has positive and significant effect
on investment decisions. Second, the level of cash flow sensitivity moderates
the relationship between cash flow and investment decisions causing nonmonotonic
relationship and U-shape curve. Companies with sensitive cash
flow, characterized with young, small, and high growth opportunities have a
negative relationship between corporate liquidity and investment decisions.
While companies with insensitive cash flow characterized with older and
bigger have a positive relationship between corporate liquidity and
investment decision. |
| first_indexed | 2024-03-13T22:39:04Z |
| format | Thesis |
| id | oai:generic.eprints.org:99409 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T22:39:04Z |
| publishDate | 2012 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:994092016-03-04T08:46:12Z https://repository.ugm.ac.id/99409/ LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS, DAN KEPUTUSAN INVESTASI , Destria Kurnianti , Prof. Dr. Marwan Asri, MBA, ETD This study aims to examine the effect of corporate liquidity to investment decision moderated by the level of cash flow sensitivity using non financial companies listed on Stock Exchange from period 2005-2009, consist of 164 companies with 328 observastions.The results of this study are: First, corporate liquidity has positive and significant effect on investment decisions. Second, the level of cash flow sensitivity moderates the relationship between cash flow and investment decisions causing nonmonotonic relationship and U-shape curve. Companies with sensitive cash flow, characterized with young, small, and high growth opportunities have a negative relationship between corporate liquidity and investment decisions. While companies with insensitive cash flow characterized with older and bigger have a positive relationship between corporate liquidity and investment decision. [Yogyakarta] : Universitas Gadjah Mada 2012 Thesis NonPeerReviewed , Destria Kurnianti and , Prof. Dr. Marwan Asri, MBA, (2012) LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS, DAN KEPUTUSAN INVESTASI. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=54751 |
| spellingShingle | ETD , Destria Kurnianti , Prof. Dr. Marwan Asri, MBA, LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS, DAN KEPUTUSAN INVESTASI |
| title | LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS,
DAN KEPUTUSAN INVESTASI |
| title_full | LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS,
DAN KEPUTUSAN INVESTASI |
| title_fullStr | LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS,
DAN KEPUTUSAN INVESTASI |
| title_full_unstemmed | LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS,
DAN KEPUTUSAN INVESTASI |
| title_short | LIKUIDITAS PERUSAHAAN, SENSITIVITAS ARUS KAS,
DAN KEPUTUSAN INVESTASI |
| title_sort | likuiditas perusahaan sensitivitas arus kas dan keputusan investasi |
| topic | ETD |
| work_keys_str_mv | AT destriakurnianti likuiditasperusahaansensitivitasaruskasdankeputusaninvestasi AT profdrmarwanasrimba likuiditasperusahaansensitivitasaruskasdankeputusaninvestasi |