KEBIJAKAN STRUKTUR MODAL DAN EFEK WAKTU PASAR
Abstract: The capital
structure policy of each entities often related with two main theories which
are trade off and pecking order. But, there is another factor that could
affecting the capital structure, which is market timing. The objective of this
study is prove whether the capital structure of each entities are affected by
these two main theories or market timing. Conducting regression analysis, this
study found that, the capital structure of each entities in Indonesia most
dominated by market timing, although as general, seems these entities following
trade off model.
Penulis: Winston Pontoh
Kode Jurnal: jpakuntansidd140997
