Cash Flows, Debts dan Performance Survey on the Cement and Ceramics Companies in 2010 - 2014

Main Authors: Rina Adi Kristianti, Supinah Supinah
Format: Article application/pdf eJournal
Bahasa: eng
Terbitan: Karya Ilmiah Dosen Fakultas Ekonomi , 2016
Online Access: http://journal.tarumanagara.ac.id/index.php/kidea/article/view/2913
Daftar Isi:
  • This study tried to explore the effect of operating cash flow, investing cash flow, long term debt and short term debt on performance of cement and ceramics companies in 2010 - 2014. Selected samples are 45 companies and using panel data for analyzing them. The best method of panel data is pooled least square. R value is 0,237 and R square is 0,161. The result shows that long term debt has significant negative effect on ._performance. It proves that this industry is more likely to reduce the use of a debt to improve its performance. Funding chosen is internal fund namely retained earnings. This result supports pecking order hypothesis.