The effect of uncertainty on capital structure

• Authors: Wennie Wennie , Vina C Nugroho

Abstracts

EN

The purpose of this study is to determine the effect of uncertainty on the capital structure of public listed companies in Indonesia. This study used asset volatility as a method of measuring uncertainty. The researchers use unbalanced panel data from 2009 to 2019 in order to assess and analyse the effect of uncertainty on the company‘s capital structure. The results of this study indicate a positive relationship between uncertainty and the company‘s target leverage.

Keywords

EN

target leverage ratio; uncertainty

• Publisher: Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
• Journal: Journal of Management and Financial Sciences
• Year: 2023
• Issue: 47
• Pages: 71-86

Dates

published

2023

Contributors

author

Wennie Wennie

• Universitas Pelita, Indonesia

author

Vina C Nugroho

• Universitas Pelita, Indonesia

• https://orcid.org/0000000215999633

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Identifiers

DOI

10.33119/JMFS.2023.47.5

Biblioteka Nauki

18104683