This research aimed to identify policy difference of debt and dividend policy among companies having potency high and low growth. It was applied five proxies Investment Opportunity Set (105) that was market to book of asset ratio (MVEIBE), price earning ratio (PER), value book of plant property, and equipment to asset ratio (CAPIBVA) in identifying debt policy to apply proxy debt equity ratio and dividend policy, proxy dividend yield was applied. The degempirica I results showed that company having potency to grow high had
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Título original
a c - Kebijakan Pendanaan Dan Dividen Dengan Pendekatan Ios
This research aimed to identify policy difference of debt and dividend policy among companies having potency high and low growth. It was applied five proxies Investment Opportunity Set (105) that was market to book of asset ratio (MVEIBE), price earning ratio (PER), value book of plant property, and equipment to asset ratio (CAPIBVA) in identifying debt policy to apply proxy debt equity ratio and dividend policy, proxy dividend yield was applied. The degempirica I results showed that company having potency to grow high had
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato PDF, TXT ou leia online no Scribd
This research aimed to identify policy difference of debt and dividend policy among companies having potency high and low growth. It was applied five proxies Investment Opportunity Set (105) that was market to book of asset ratio (MVEIBE), price earning ratio (PER), value book of plant property, and equipment to asset ratio (CAPIBVA) in identifying debt policy to apply proxy debt equity ratio and dividend policy, proxy dividend yield was applied. The degempirica I results showed that company having potency to grow high had
Direitos autorais:
Attribution Non-Commercial (BY-NC)
Formatos disponíveis
Baixe no formato PDF, TXT ou leia online no Scribd
Jurnal Keuangan dan Perbankan, Vol. 13, No.2 Mei 2009, hal. 237~ 248
Terakreditas SK. No, 167IDIKTUKep/2007
KEBIJAKAN PENDANAAN DAN DIVIDEN
DENGAN PENDEKATAN INVESTMENT
OPPORTUNITY SET
Christian Herdinata
Fakultas Ekonomi Jurusan International Business Management
Universitas Ciputra Surabaya
JI. Waterpark, Boulevard CitraRaya 60216, Surabaya
Abstract: This research almed to identity policy difference of debt and dividend policy among
‘companies having potency high and low growth with approach of investment opportunity set
in Indonesia Stock Exchange (BE). To classify company growth, it was applied five proxies
investment Opportunity Set 105) that was market to book of aset ratio (MVEIBE, price earning
ratio (PER), value book of plant, property and equipment to asset ratio (PPEIBVA) and capital
‘dition t0 book of asset ratio (CAPIBVA). The varlables were analyzed using common factor
‘analysis. In identifying debt policy to apply proxy debt equity ratio and alvidend policy, proxy
0.05 berarti data
terdistribusi normal
Common Factor Analysis
‘ial dari proks! 10S yang dlanalsis dengan
commen factor analysis untuk mengklasifikasikan
perusahaan yang berpotensi tumbuh tinggi dan
perusahaan yang berpotensi tumbuh rendah. Nilai
dari stiap proksi [OS digunakan sebagai data
input dalam prosedur analisi faktor.Jumlah faktor
yang digunakan sesual dengan jumiah variabel
105, tetap! selanjutnya jumlah faktor yang
digunakan adalah faktor yang mempunyat ilai
‘elgenvalues yang tinggi, karena faktor tersebut