Cash Flows, Debts dan Performance Survey on the Cement and Ceramics Companies in 2010 - 2014
Main Authors: | Rina Adi Kristianti, Supinah Supinah |
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Format: | Article application/pdf eJournal |
Bahasa: | eng |
Terbitan: |
Karya Ilmiah Dosen Fakultas Ekonomi
, 2016
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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.