LEVERAGE IMPACTS ON AGRO-INDUSTRIAL COMPANY INVESTMENTS

Autor: Nugroho A.C., Firdaus M., Andati T., Irawan T.
Jazyk: English<br />Russian
Rok vydání: 2018
Předmět:
Zdroj: Russian Journal of Agricultural and Socio-Economic Sciences, Vol 75, Iss 3, Pp 172-178 (2018)
Druh dokumentu: article
ISSN: 2226-1184
DOI: 10.18551/rjoas.2018-03.19
Popis: Agro-industry has an important role in Indonesian economic growth. One of the crucial constraints in agro-industry investments in developing country is due to limited access to investment fund. This research was aimed to analyze the impacts of leverage on the agro-industrial company investments. The research used financial report data of the manufacturing industries on agro-industrial bases registered in Indonesian Stock-Exchange from 2007 to 2016. The data were analyzed using panel data regression analysis. The results of the research showed that the leverage influenced negatively on the agro-industrial companies. Cash flow has a negative impact on the company investments, which shows the existence of financial constraints when the company decide to invest.
Databáze: Directory of Open Access Journals