PENGARUH LANGSUNG DAN TIDAK LANGSUNG FAKTOR EKSTERN, KESEMPATAN INVESTASI DAN PERTUMBUHAN ASSETS TERHADAP KEPUTUSAN PENDANAAN PERUSAHAAN YANG TERDAFTAR PADA BURSA EFEK JAKARTA (Studi pada Industri Manufaktur Masa Sebelum Krisis dan Saat Krisis)
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https://doi.org/10.9744/jak.9.2.pp.%2065-75Keywords:
external factors, asset growth, investment opportunit.Abstract
Purpose of the study is to examine direct and indirect effect of the external factor, investment opportunity, assets growth on financial decisions that firms listed in Jakarta Stock Exchange. Structural Equation modeling use to proof direct and indirect effect, this result of the models is acceptable (fit). Amount of the sample is 195 analysis unit for before crisis and 196 analysis unit for that moment of the crisis. Before crisis, direct effect external factors to financial decision are positive significance and indirect effect pass through investment opportunity is negative significance, direct effect exceed of indirect effect. Financial decision does not direct effect to asset growth and does not indirect effect pass through investment opportunity. Abstract in Bahasa Indonesia : Penelitian ini bertujuan menguji pengaruh langsung dan pengaruh tidak langsung faktor eksternal, kesempatan investasi, pertumbuhan assets terhadap keputusan pendanaan perusahaan yang terdaftar di Bursa Efek Jakarta dengan menggunakan Structural Equation Modeling. Sampel yang digunakan adalah 195 unit analisis sebelum krisis dan 196 unit analisis pada saat krisis. Hasil studi menunjukkan bahwa sebelum krisis pengaruh langsung faktor eksternal adalah positif signifkan dan pengaruh tidak langsung melalui kesempatan investasi adalah negatif signifikan. Pada saat krisis, faktor eksternal tidak mempunyai pengaruh langsung terhadap keputusan pendanaan, bagaimanapun pengaruh tidak langsung adalah negatif signifikan. Pengaruh langsung faktor eksternal terhadap kesempatan investasi. kata kunci : faktor eksternal, pertumbuhan assets, kesempatan investasiDownloads
Published
2008-09-12
How to Cite
Ratnawati, T. (2008). PENGARUH LANGSUNG DAN TIDAK LANGSUNG FAKTOR EKSTERN, KESEMPATAN INVESTASI DAN PERTUMBUHAN ASSETS TERHADAP KEPUTUSAN PENDANAAN PERUSAHAAN YANG TERDAFTAR PADA BURSA EFEK JAKARTA (Studi pada Industri Manufaktur Masa Sebelum Krisis dan Saat Krisis). Jurnal Akuntansi Dan Keuangan, 9(2), pp. 65-75. https://doi.org/10.9744/jak.9.2.pp. 65-75
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