The Effect of Capital Structure, Liquidity, and Firm Size on Firm Value

نویسندگان

چکیده

This study aims to analyze the effect of capital structure, liquidity and firm size on value in companies listed LQ45 issuers Indonesia Stock Exchange (IDX) for 2016-2019 period. The population this research is 96 companies. sampling method used was purposive sampling, so that sample 24 data collection uses library analysis Panel Data Regression with help Eviews 10 software. results indicate structure has a positive significant value. Liquidity have negative

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Capital Structure, Firm Liquidity and Growth

This paper is an exploration of the relationships among the firm's financial structure, its choice of liquid asset holdings, and growth. The literature on the determinants of economic growth has long studied the role of financial development in promoting growth. The literature on corporate finance provides some microeconomic underpinnings for this relationship in the form of a variety of partia...

متن کامل

Managerial Power, Capital Structure and Firm Value

With the reform of our property rights system, the maturity of the capital market, and the diversification of corporate financing, the capital structure decision has become the major concern of financial management. There are numbers of researches on how to determine the optimal capital structure, what factors affect the capital structure and what the relationship is like between the capital st...

متن کامل

Capital Structure and Firm Performance:

Corporate governance theory predicts that leverage affects agency costs and thereby influences firm performance. We propose a new approach to test this theory using profit efficiency, or how close a firm’s profits are to the benchmark of a best-practice firm facing the same exogenous conditions. We are also the first to employ a simultaneous-equations model that accounts for reverse causality f...

متن کامل

Financial Structure , Liquidity , and Firm Locations ∗

Firms that are located within industry clusters tend to make more acquisitions than their counterparts in the same industry that are not located within a cluster. As we show, if this increased tendency to acquire other firms arises because locating close to other industry participants facilitates acquisitions (e.g., by facilitating the acquisition of information), then firms located within clus...

متن کامل

Capital Structure and Firm Value A Study of Split-Capital Closed-End Funds in the UK

Ever since Modigliani and Miller made their irrelevance proposition, a key theme in corporate finance has been to explain the conditions under which capital structure does affect firm value. Split-capital closed-end funds successfully exploit such conditions, being worth on average 11% more than conventional closed-end funds. Cross-section and time-series analyses reveal that the extra value co...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: The International Journal of Business and Management

سال: 2021

ISSN: ['2321-8916']

DOI: https://doi.org/10.24940/theijbm/2021/v9/i5/161791-394150-4-sm