KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA
This research aims to test the sensitivity level of liquidity and invesment opportunity to invesment decision between non-financially constrained and financially constrained firms. Sample in this research is the firm of non finance which enlist in Indonesia Stock Exchange from period 2003 to 2007, o...
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doaj-b26d38693a0a43b3b440a01ebae82eb62020-11-25T00:09:03ZindBank IndonesiaBulletin Ekonomi Moneter dan Perbankan1410-80462460-91962010-11-01124457 – 479457 – 47910.21098/bemp.v12i4.249249KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIARiskin HidayatThis research aims to test the sensitivity level of liquidity and invesment opportunity to invesment decision between non-financially constrained and financially constrained firms. Sample in this research is the firm of non finance which enlist in Indonesia Stock Exchange from period 2003 to 2007, obtained sample 136 firms with 680 observations. Result of research refer that liquidity and invesment opportunity have an influence on positive to invesment decision. Liquidity is more sensitive to invesment decision for financially constrained firms. Invesment opportunity is more sensitive to invesment decision for non financially constrained JEL Classification: E22, G32, O16. Key words: Investment decision, liquidity, financially constraint.https://www.bmeb-bi.org/index.php/BEMP/article/view/249 |
collection |
DOAJ |
language |
Indonesian |
format |
Article |
sources |
DOAJ |
author |
Riskin Hidayat |
spellingShingle |
Riskin Hidayat KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA Bulletin Ekonomi Moneter dan Perbankan |
author_facet |
Riskin Hidayat |
author_sort |
Riskin Hidayat |
title |
KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA |
title_short |
KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA |
title_full |
KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA |
title_fullStr |
KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA |
title_full_unstemmed |
KEPUTUSAN INVESTASI DAN FINANCIAL CONSTRAINTS: STUDI EMPIRIS PADA BURSA EFEK INDONESIA |
title_sort |
keputusan investasi dan financial constraints: studi empiris pada bursa efek indonesia |
publisher |
Bank Indonesia |
series |
Bulletin Ekonomi Moneter dan Perbankan |
issn |
1410-8046 2460-9196 |
publishDate |
2010-11-01 |
description |
This research aims to test the sensitivity level of liquidity and invesment opportunity to invesment decision between non-financially constrained and financially constrained firms. Sample in this research is the firm of non finance which enlist in Indonesia Stock Exchange from period 2003 to 2007, obtained sample 136 firms with 680 observations. Result of research refer that liquidity and invesment opportunity have an influence on positive to invesment decision. Liquidity is more sensitive to invesment decision for financially constrained firms. Invesment opportunity is more sensitive to invesment decision for non financially constrained
JEL Classification: E22, G32, O16.
Key words: Investment decision, liquidity, financially constraint. |
url |
https://www.bmeb-bi.org/index.php/BEMP/article/view/249 |
work_keys_str_mv |
AT riskinhidayat keputusaninvestasidanfinancialconstraintsstudiempirispadabursaefekindonesia |
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1725413174607347712 |