Targeting Behavior among Indonesian Firms: Two-Step Partial Adjustment Model Analysis
In this research, we tested the heterogeneity of speed of adjustment toward target leverage among industries on the Indonesian stock exchange by using two-step partial adjustment model. The sample collected from 2007-2016 and consisted of firms in eight sectors, i.e. agriculture, mining, basic indus...
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| Format: | Article |
| Language: | English |
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Universitas Negeri Semarang
2019-03-01
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| Series: | Jurnal Dinamika Manajemen |
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| Online Access: | https://journal.unnes.ac.id/nju/index.php/jdm/article/view/18291 |