期刊名称：JAKI (Jurnal Akuntansi dan Keuangan Indonesia)
印刷版ISSN：1829-8494
电子版ISSN：2406-9701
出版年度：2008
卷号：5
期号：2
页码：227-244
DOI：10.21002/jaki.2008.11
语种：Indonesian
出版社：Universitas Indonesia
摘要：Based on Pecking Order Theory,the objective of this study is to examine the effect of dividend policy,profitability,sales growth,and total assets growth towards financial leverage and the effect of financial leverage as an intervening variable towards firm value.The sampling method is purposive sampling method and there are 33 firms that fulfil the criteria.Data are analyzed using path analysis method.The results show that dividend policy and profitability have negative influence on financial leverage,while total assets growth has positive influence on financial leverage.Financial leverage has negative relation on firm value.
关键词：financial leverage;firm value;and pecking order theory
