PENGARUH LEVERAGE TERHADAP NILAI PERUSAHAAN PADA MASA KRISIS: PENGUJIAN EMPIRIS DI INDONESIA

Abstract: The financial crisis of East Asia in 1997 was largely unanticipated and was characterized bythe fact that drastic currency depreciation worsens the corporate capital structure and broughtwidespread financial turmoil (Ho, 2004). This paper attempts to examine the effect of leverageon Indonesian firm’s value during the financial crisis. This study fails to show that leverageaffects firm’s value both in the financial crisis.
Keywords: economic crisis,the value of firm,leverage
Penulis: Etna Nur Afri Yuyetta
Kode Jurnal: jpakuntansidd090139

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