Document Type
Article
Abstract
This research aims to test the sensitivity level of liquidity and invesment opportunity to invesment decision between non-financially constrained and financially constrained firms. Sample in this research is the firm of non finance which enlist in Indonesia Stock Exchange from period 2003 to 2007, obtained sample 136 firms with 680 observations. Result of research refer that liquidity and invesment opportunity have an influence on positive to invesment decision. Liquidity is more sensitive to invesment decision for financially constrained firms. Invesment opportunity is more sensitive to invesment decision for non financially constrained
Recommended Citation
Hidayat, Riskin
(2010)
"INVESTMENT DECISION AND FINANCIAL CONSTRAINTS: EMPIRICAL STUDY ON INDONESIAN STOCK EXCHANGE,"
Bulletin of Monetary Economics and Banking: Vol. 12:
No.
4, Article 3.
DOI: https://doi.org/10.21098/bemp.v12i4.379
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol12/iss4/3
First Page
425
Last Page
446
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
Indonesia
Affiliation
Gadjah Mada University
