VARIABEL PEMBEDA KEPUTUSAN PENDANAAN JANGKA PENDEK, JANGKA MENENGAH DAN JANGKA PANJANG BAGI INDUSTRI MANUFAKTUR YANG LISTED DI BURSA EFEK INDONESIA

  • Tri Ratnawati Dosen Fakultas Ekonomi dan Program Pascasarjana Universitas 17 Agustus 1945 Surabaya

Abstract

Discriminant analysis use for evidence to difference Short Term, Medium Term, Long Term Financing Decision, before crisis and at that moment of the crisis. Amount of the sample is 424 analysis unit of each, this result cause someone to repant Net Working Capital (NWC) and Leverage Short Term (LST) domination for Short Term Financing Decision, Profitability Medium Term (PMT) and Leverage Medium Term (LMT) domination for Medium Term Financing Decision and Dividend Payout Ratio (DPR) domination for Long Term Financing decision before and ant that moment of the crisis.

 

Key Word:    Financing Dicision, discriminant analysis, before crisis, at that moment of the crisis

Downloads

Download data is not yet available.

References

Altman, Edward I, 1968, “Financial Ratios, Discriminant Analysis and The Prediction of Corporate Bankruptcyâ€, The Journal of Finance, Vol. XXIII, September.

Damodaran, Aswath, 1997, “Corporate Financeâ€, Theory and Practice, John Wiley & Sons, Inc, New York.

Higgins, Robert C, 1977, “How Much Growth Can A Firm Afford ?â€, Financial Management, Vol. 10 No. 7.

Laitinen, Erkki K., 1991, “Financial Ratios and Different Failure Processâ€, Journal of Business Finance and Accounting, Vol. 11 No. 3.

Pagano, Marco, 1998, “Why Do Companies Go Public ? An Empirical Analysisâ€, The Journal of Finance, Vol. LIII No.1.

Ratnawati, Tri, 1992, “Model Peramalan pertumbuhan Perbankan Berdasarkan Rasio Keuangan Pada Bank-Bank Go Public di Indonesiaâ€, Tesis, Pascasarjana Unair, Surabaya.

Syahrizal, 1989, “Pasar Modal Sebagai Sumber Pembiayaan Dunia Usahaâ€, Ikatan Akuntan Indonesia Cabang Jawa Timur Dan Perserikatan Perdagangan Uang Dan Efek-Efek.

Tambunan, Tulus T. H, 1998, “Krisis Ekonomi Dan Masa Depan Reformasiâ€, Jakarta: Lembaga Penerbitan Fakultas Ekonomi Universitas Indonesia.

__________, 1999, “Perekonomian Indonesiaâ€, Penerbitan Ghalia, Indonesia.

Published
2008-10-01
Section
Articles