Do Indonesian firms practice target capital structure? A dynamic approach

This study investigates the dynamic aspects of capital structure particularly on the existence of target capital structure, the speed of adjustment and the factors influencing target capital structure of Indonesian firms. This study finds that Indonesian firms do practice target capital structure an...

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Main Author:	Haron, Razali
Format:	Article
Language:	English English
Published:	Emerald Group Publishing Limited 2016
Subjects:	HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/51177/ http://irep.iium.edu.my/51177/ http://irep.iium.edu.my/51177/ http://irep.iium.edu.my/51177/1/51177_Do%20Indonesian%20firms.pdf http://irep.iium.edu.my/51177/7/51177_Do%20Indonesian%20firms%20practice_WOS.pdf

id	iium-51177
recordtype	eprints
spelling	iium-511772017-04-13T06:37:41Z http://irep.iium.edu.my/51177/ Do Indonesian firms practice target capital structure? A dynamic approach Haron, Razali HG4001 Financial management. Business finance. Corporation finance. This study investigates the dynamic aspects of capital structure particularly on the existence of target capital structure, the speed of adjustment and the factors influencing target capital structure of Indonesian firms. This study finds that Indonesian firms do practice target capital structure and the capital structure decision is influenced by firm specific factors like profitability, business risk, firm size, liquidity and share price performance due to time varying factors. Pursuing target capital structure and identifying the influencing factors may gear the firm to value maximization thus is indeed a paramount move for a firm to ensure sustainability and competitiveness and firms in Indonesia demonstrate that in this study. Emerald Group Publishing Limited 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/51177/1/51177_Do%20Indonesian%20firms.pdf application/pdf en http://irep.iium.edu.my/51177/7/51177_Do%20Indonesian%20firms%20practice_WOS.pdf Haron, Razali (2016) Do Indonesian firms practice target capital structure? A dynamic approach. Journal of Asia Business Studies, 10 (3). pp. 318-334. ISSN 1558-7894 http://www.emeraldinsight.com/doi/pdfplus/10.1108/JABS-07-2015-0100 http://dx.doi.org/10.1108/JABS-07-2015-0100
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	HG4001 Financial management. Business finance. Corporation finance. Haron, Razali Do Indonesian firms practice target capital structure? A dynamic approach
description	This study investigates the dynamic aspects of capital structure particularly on the existence of target capital structure, the speed of adjustment and the factors influencing target capital structure of Indonesian firms. This study finds that Indonesian firms do practice target capital structure and the capital structure decision is influenced by firm specific factors like profitability, business risk, firm size, liquidity and share price performance due to time varying factors. Pursuing target capital structure and identifying the influencing factors may gear the firm to value maximization thus is indeed a paramount move for a firm to ensure sustainability and competitiveness and firms in Indonesia demonstrate that in this study.
format	Article
author	Haron, Razali
author_facet	Haron, Razali
author_sort	Haron, Razali
title	Do Indonesian firms practice target capital structure? A dynamic approach
title_short	Do Indonesian firms practice target capital structure? A dynamic approach
title_full	Do Indonesian firms practice target capital structure? A dynamic approach
title_fullStr	Do Indonesian firms practice target capital structure? A dynamic approach
title_full_unstemmed	Do Indonesian firms practice target capital structure? A dynamic approach
title_sort	do indonesian firms practice target capital structure? a dynamic approach
publisher	Emerald Group Publishing Limited
publishDate	2016
url	http://irep.iium.edu.my/51177/ http://irep.iium.edu.my/51177/ http://irep.iium.edu.my/51177/ http://irep.iium.edu.my/51177/1/51177_Do%20Indonesian%20firms.pdf http://irep.iium.edu.my/51177/7/51177_Do%20Indonesian%20firms%20practice_WOS.pdf
first_indexed	2023-09-18T21:12:25Z
last_indexed	2023-09-18T21:12:25Z
_version_	1777411341286375424

Do Indonesian firms practice target capital structure? A dynamic approach

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