The effect of financial market frictions to the firms diversification level in Indonesia

Gonatha, Michele (2018) The effect of financial market frictions to the firms diversification level in Indonesia. Bachelor thesis, Universitas Pelita Harapan.

[img]
Preview
Text (Title)
Title.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (3MB) | Preview
[img]
Preview
Text (Abstract)
Abstract_watermark.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (4MB) | Preview
[img]
Preview
Text (ToC)
ToC.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (21MB) | Preview
[img]
Preview
Text (Chapter1)
Chapter1.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (24MB) | Preview
[img] Text (Chapter2)
Chapter2.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (32MB)
[img] Text (Chapter3)
Chapter3.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (34MB)
[img] Text (Chapter4)
Chapter4.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (34MB)
[img] Text (Chapter5)
Chapter5.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (4MB)
[img]
Preview
Text (Bibliography)
Bibliography.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (10MB) | Preview
[img] Text (Appendices)
Appendices.pdf
Restricted to Repository staff only
Available under License Creative Commons Attribution Non-commercial Share Alike.

Download (40MB)

Abstract

New interesting facts had rose within the last few decades. Diversification behaviour of firms are believed to increase parallel with the pattern of external market frictions. Firms with high level of diversification can alter the cost of tight financial market frictions by reallocation of capital internally between divisions. Several facts are argued and demonstrated in determining whether diversification creates higher value and benefit for firms during times of distress. Using the data provided by the Indonesian Stock Exchange (IDX) and the Indonesian Bond Pricing Agency (IBPA), it is verified that firms in Indonesia that are well-diversified are able to mitigate the shocks in the external market. This research is conducted under a time period of 10 years, from 2008 to 2017.

Item Type: Thesis (Bachelor)
Creators:
CreatorsNIMEmail
Gonatha, MicheleNIM00000014633UNSPECIFIED
Contributors:
ContributionContributorsNIDN/NIDKEmail
Thesis advisorJuliana, RitaNIDN0310079101rita.juliana@uph.edu
Additional Information: SK 11-14 GON e; 31001000267204
Uncontrolled Keywords: diversification; financial market; conglomerates; market friction; internal market.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: University Subject > Current > Faculty/School - UPH Karawaci > Business School > Management
Current > Faculty/School - UPH Karawaci > Business School > Management
Depositing User: Yanni Karina
Date Deposited: 15 Sep 2022 06:28
Last Modified: 04 Dec 2023 05:31
URI: http://repository.uph.edu/id/eprint/50433

Actions (login required)

View Item View Item