Investment Decision: The Case of Indonesian Manufacturing Companies
- DOI
- 10.2991/aebmr.k.200626.038How to use a DOI?
- Keywords
- Investment, sales, leverage, growth opportunity
- Abstract
The purpose of this paper was to examine the determinant of investment among companies in consumption goods sector listed on the Indonesia Stock Exchange (IDX) during the period of 2014-2017, with the sample as many as 100 companies. The investment decision was measured by nett investment. The authors used the random effects to test the variables that were associated with investment. This research found out that sales had positive effect on investment, while the leverage and growth opportunity did not. The research findings indicated that high sales were a positive signal to stakeholders, that the company had high performance as well as high investment in assets.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Rousilita Suhendah AU - Nathania Nathania PY - 2020 DA - 2020/06/29 TI - Investment Decision: The Case of Indonesian Manufacturing Companies BT - Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR PB - Atlantis Press SP - 207 EP - 212 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200626.038 DO - 10.2991/aebmr.k.200626.038 ID - Suhendah2020 ER -