DETERMINANTS OF BANK CAPITAL STRUCTURE AND ADJUSTMENT SPEED: EVIDENCE FROM INDONESIAN BUBA3 AND BUBA4 BANKS (CASE STUDY: PERIOD 2008-2017)
Modigliani & Miller (1958) theorem proposed that value of the firm is independent from its decision on capital structure. However, in reality, there exist a set of non-ideal conditions. There are frictions in capital market, such as cost and benefit in capital structure preference. Indonesian Ba...
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| Format: | Final Project |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/30212 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |