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

Main Authors: Kristianti, Rina Adi, Supinah, Supinah
Format: Article PeerReviewed Book
Bahasa: eng
Terbitan: Fakultas Ekonomi , 2016
Subjects:
Online Access: http://repository.untar.ac.id/379/1/2913-6255-1-SM.pdf
http://repository.untar.ac.id/379/
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.