Wijaya, Hendra and Wardani, Rr. Puruwita (2017) Debt and agency conflict in Indonesian manufacturing firms. Jurnal Keuangan dan Perbankan, 21 (2). pp. 211-217. ISSN 1410-8089
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Abstract
Companies in Indonesia have shareholders who are not dispersed or in other words the ownership is only held by one majority shareholder. This study examined the effects of investment decision on the firm value and the debt moderation on the effects of investment decisions on firm value. Debt moderation was used to test the agency conflict of debt use on investment decision. The company samples in this research were 90 companies. This research was conducted by using panel data regression with moderation. This study found that investment decision had a positive effect on firm value and the use of higher debt could lower the positive effect of investment decision on firm value.
| Item Type: | Article |
|---|---|
| Additional Information: | Nama : Hendra Wijaya; Nama : Rr. Puruwita Wardani |
| Uncontrolled Keywords: | Agency conflict, debt, firm value, investment decision |
| Divisions: | Fakultas Ekonomi dan Bisnis > D3 Perbankan dan Keuangan |
| Depositing User: | Gendhis Dwi Aprilia |
| Date Deposited: | 30 Dec 2021 01:19 |
| Last Modified: | 30 Dec 2021 01:19 |
| URI: | https://eprints.unmer.ac.id/id/eprint/1230 |
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