The Role Of Foreign Ownership On The Link Between Financial Leverage And Firm Value : Evidence In Indonesia Stock Exchange 2009-2015

SARI, PRISTIN PRIMA (2017) The Role Of Foreign Ownership On The Link Between Financial Leverage And Firm Value : Evidence In Indonesia Stock Exchange 2009-2015. Masters thesis, Universitas Sebelas Maret.

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    Abstract

    This study is to get empirical proof the influence of financial leverage on firm value and to get empirical proof the role of foreign ownership on the link between financial leverage and firm value of consumer, trade, service, and investment, and miscellaous industry in IDX during 2009-2015. This study uses panel data regression with fixed method effect. F test shows that high financial leverage, foreign ownership, sales growth and firm age is positively related to firm value. Foreign ownership strengthen the relation between financial leverage and firm value. T test shows that high financial leverage is positively related to firm value. Foreign ownership strengthen the relation between financial leverage and firm value. Sales growth create negative effect on firm value. Firm age create positive effect on firm value. This study expected that it can deliver information as references for stockholder, firm management, and goverment in making decision in foreign investment and financial leverage. Keywords : Financial Leverage, Foreign Ownership, Firm Value

    Item Type: Thesis (Masters)
    Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
    Divisions: Pasca Sarjana > Magister
    Pasca Sarjana > Magister > Magister Manajemen
    Depositing User: faizah sarah yasarah
    Date Deposited: 05 Jun 2017 14:07
    Last Modified: 05 Jun 2017 14:07
    URI: https://eprints.uns.ac.id/id/eprint/33934

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