Analisis Teori Keputusan Investasi, dan Analisis Leverage pemilihan Sumber Pendanaan Perusahaan
Abstract
Abstract : This research studied thefindings in relevant to investment decision and company share allocation as well as analyzing the leverage offunding selection. To get suchfunding sources, management should be able to control as the agency theory and the cashflow in international perspectives. These two theories have different forecast about relation between investment and payment decisions, since the chance level of investment and finance has limit according to the company's capacity. However, in this study analyzing theoretical studies, normative or empiric, was fundamental integration that can be made use of further reference. This was only a unifying model of any studies of investment as a whole, a response to capital running that must be executed by manager, the ownership was bigger, and the cashflow of property owned by the company or its principals. Investment decision was affected by social stratification theory (agency theory) that can be invested in a company and probably the finance was more sensitive toward internal cashflow . Investment decision was not constrained by more sensitive finance, but more cashflow oriented, mainly those in debt. The result found in this study indicated various forecasting theories of investment decision, company liquidity, and asset structure owned by the company.
Keywords: investment analysis, leverage analysis, selection offunding for the company
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