The nonlinear effect of debt on firm performance: the evidence from Indonesia
This research posits the nonlinearity model of capital structure in Indonesia by examining the rate of debt acquisition and its effect on firms’ performance. It uses the total debt and earnings after tax (EAT) as proxies of firms' performance from a sample of 2,064 as listed on the Indonesian S...
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Main Authors: | Raharja, Bayu Sindhu, Mranani, Muji |
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2019
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Online Access: | http://journalarticle.ukm.my/14134/1/jeko_53%283%29-1.pdf http://journalarticle.ukm.my/14134/ http://www.ukm.my/fep/jem/content/2019-3.html |
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