Over the past decade, the debt of the household sector has increased at an average annual rate of 14 per cent, which is well in excess of the growth of household income. As a result, the ratio of household debt to household disposable income in Australia has risen from a level that was low by international standards to one that is in the upper end of the range of other industrial countries. Thi...

Aims: This study aimed at predicting bankruptcy based on two data mining techniques, i.e. logistic regression and classification and regression tree (CART). Study design: This was an applied, descriptiveanalytical, cross-sectional study. Place and Duration of Study: This research was carried out in Iran. Annual financial statements of companies in Tehran stock market (Iran) during 1999-2010 wer...

This paper investigates four of Hofstede's cultural dimensions –individualism, masculinity, uncertainty avoidance, and long-term orientation– influence on firms' choices short-term capital structures. Cultures corporate risk-taking may drive their debt-to-equity mix based the higher equity book or market value. We empirically test culture with a sample 5968 firms from five industry sectors, acr...

The aim of this study is to demonstrate the effect Capital Structure (Longterm Debt Asset Ratio and Equity Ratio) on Corporate Income Tax Payable. In Wholesale Companies that are listed Indonesia Stock Exchange between 2017 2019. Purposive sampling was used obtain sample for study, which included 16 companies. Multiple linear regression hypothesis testing with t-test f-test a significance level...

This study aims to examine the effect of financial performance on firm value, both direct and through managerial ownership as an intervening variable. Financial consists three variables: Profitability measured by return equity (ROE), Leverage debt ratio (DER), Liquidity current (CR) value price book (PBV) with (MOWN) a moderating The population in this are infrastructure companies listed Indone...

This paper studies the relation between firm size, leverage, exit and growth in an environment of incomplete markets and lack of enforcement. In the data large firms have lower growth and exit rates yet higher leverage. The idea of the paper is that high productivity firms will be larger and have a greater degree of enforcement because their outside option relative to the value of their product...

Purpose: This study aims to determine the effect of mergers on BSI's financial performance. Research methodology: The method used in this research is descriptive comparative, namely that describes a certain situation within predetermined period time. data comes from statements three Islamic banks before merger (2019) and BSI after (2021). Results: results show nine ratios studied, six have incr...

This paper examines the optimal mix and priority structure of bank and market debt using a tax shield-bankruptcy cost tradeoff model where the only unique feature of banks is their ability to renegotiate. Closed-form expressions are derived for the values of renegotiable bank debt, non-renegotiable market debt, equity, and levered firm values. Optimal debt structure hinges upon ex post bargaini...