Keputusan investasi perusahaan manufaktur yang terdaftar di bursa efek indonesia

Nugroho, Ahmad Cahyo (2019) Keputusan investasi perusahaan manufaktur yang terdaftar di bursa efek indonesia. Doctoral thesis, Institut Pertanian Bogor.

[img]
Preview
Text
9DM-01-Nugroho-Cover.pdf - Published Version

Download (399kB) | Preview
[img]
Preview
Text
9DM-02-Nugroho-Ringkasan.pdf - Published Version

Download (292kB) | Preview
[img]
Preview
Text
9DM-03-Nugroho-Summary.pdf - Published Version

Download (292kB) | Preview
[img]
Preview
Text
9DM-04-Nugroho-Daftarisi.pdf - Published Version

Download (415kB) | Preview
[img]
Preview
Text
9DM-05-Nugroho-Pendahuluan.pdf - Published Version

Download (723kB) | Preview
[img] Text
Disertasi full.pdf
Restricted to Registered users only

Download (2MB)
Official URL: http://lib.sb.ipb.ac.id/

Abstract

Premature deindustrialization phenomenon indicated by decreasing manufacturing industry share on the economy is faster than expected. It reflected on achievement of the national investment target in the manufacturing sector in Indonesia. This study aims to analyze the agency problem in investment decision of manufacturing industry in Indonesia by considering the company risk characteristics (between agro-industry and non agro-industry), foreign ownership, and market competition. The panel data method used with an annual period from 2007 to 2016 and 100 samples of manufacturing companies listed on the Indonesia Stock Exchange (IDX). This study shows that agency problems occur in Indonesian manufacturing companies. Firms that had higher risk characteristics tend to be more selective in investment and increase the positive influence of market demand. Foreign ownership indirectly affects the investment of manufacturing companies reflect better control on management decision. Market competition, sales growth rate, and the company's position in the market impact the investment decisions of manufacturing companies. This study also shows that impact of market competition is not strengthened or weakened by sales growth and the company's position in the market.

Item Type: Thesis (Doctoral)
Uncontrolled Keywords: karakteristik risiko, kepemilikan saham asing, masalah keagenan, persaingan pasar. agency problem, foreign ownership, market competition, risk characteristics.
Subjects: Manajemen Keuangan
Depositing User: SB-IPB Library
Date Deposited: 11 Dec 2019 04:04
Last Modified: 11 Dec 2019 04:04
URI: http://repository.sb.ipb.ac.id/id/eprint/3449

Actions (login required)

View Item View Item