...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>International Journal of Trade and Global Markets >Do firm characteristics, political connection and corporate governance mechanism affect financial distress? (Evidence from Indonesia)
【24h】

Do firm characteristics, political connection and corporate governance mechanism affect financial distress? (Evidence from Indonesia)

机译：坚定的特点，政治联系和公司治理机制影响财务困境吗？ （来自印度尼西亚的证据）

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

The objectives of this study are to evaluate the impact of firm characteristics (firm size, liquidity, profitability, and leverage), political connection and corporate governance mechanism (independent board of commissioner, institutional ownership, and board of commissioner size) on the level of financial distress. Altman Z-score is used to measure financial distress in this study. Purposive sampling was conducted and 576 firm-years non-financial companies listed in Indonesian Stock Exchange during 2014-2016 were acquired as the samples. For testing the hypotheses, unbalanced panel data regression with a random effect model was used. The findings showed that firm size, liquidity, profitability, and institutional ownership had a negative impact on financial distress; while leverage and the political connection had a positive impact on financial distress. The hypotheses testing results also showed that an independent board of commissioner and board of commissioner size did not influence financial distress.
机译：本研究的目标是评估公司特征（公司规模，流动性，盈利能力和杠杆）的影响，政治联系和公司治理机制（独立专员，机构所有权和专员委员会规模）的水平财务困境。 Altman Z-Score用于衡量本研究的财务困境。在2014 - 2016年期间，在2014 - 2016年期间在印度尼西亚证券交易所上市的576岁的非金融公司进行了有目的采样，并作为样品。为了测试假设，使用具有随机效果模型的不平衡面板数据回归。调查结果表明，坚定的规模，流动性，盈利能力和机构所有权对财务困境产生了负面影响;虽然杠杆和政治联系对财务困境产生了积极的影响。假设测试结果还表明，一个独立的专员和专员委员会规模没有影响财务困境。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号