Detail Currency Depreciation and Corporate Net Worth Of Listed Companies In Indonesia (di dalam Jurnal Manajemen dan Bisnis Berkala Ilmiah Vol.7, No.2 Sep 2008) Bibliografi Author: Prasetyantoko, A. Ico Tri Topik: Currency Depreciation; Firm Performance; Debt ratio Bahasa: (EN )    ISBN: (ISSN) 1412-3789     Penerbit: Fakultas Ekonomi Universitas Surabaya     Tempat Terbit: Surabaya    Tahun Terbit: 2008     Jenis: Article - diterbitkan di jurnal ilmiah nasional Fulltext: text ocr - A. Prasetyantoko.pdf (8.01MB; 1 download) Abstract This paper is concerned with the impact of currency depreciation during the period of crisis on the corporate net worth of listed companies in Indonesia. The findings can shed light on the corporate "balance sheet effect" of currency crisis. This paper finds that firms with a higher debt-equity ratio have a lower value in market capitalization growth, sales and asset during crisis and in post-period of crisis. Meanwhile, firms with majority foreign ownership (F) have higher sales during crisis and in one year after crisis than domestic companies (L). Furthermore, firms in tradable sector (T) have higher sales and less debt-equity ratio during crisis and one year after crisis than those in Non-tradable sector (N). This research uses data from Indonesian Stock Exchange's (IDX) database and ECFIN covering the period of 1994-2004. This empirical research using panel data analysis includes 238 listed companies with at least 5 consecutive years. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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