I study the optimal choice of investment projects in a continuous-time moral hazard model with multitasking. While in the first best, projects are invariably chosen by the net present value (NPV) criterion, moral hazard introduces a cutoff for project selection which depends on both a project’s NPV as well as its risk-return ratio. The cutoff shifts dynamically depending on the past history of ...

I study the optimal choice of investment projects in a continuous time moral hazard model with multitasking. While in the first best, projects are invariably chosen by the net present value (NPV) criterion, moral hazard introduces a cutoff for project selection which depends on both a project’s NPV as well as its signal to noise ratio (SN). The cutoff shifts dynamically depending on the past hi...

Penelitian ini bertujuan untuk mengetahui pengaruh rasio likuiditas dan leverage terhadap profitabilitas pada perusahaan ritel yang terdaftar di Bursa Efek Indonesia periode 2012-2021. Rasio Likuiditas diukur dengan current ratio, debt to equity ratio Profitabilitas return on equity. Teknik pengambilan sampel dalam penelitian menggunakan purposive sampling. analisis data regresi linear berganda...

Industries indexed by LQ 45 are industries that have a very large market capitalization value. This is what causes investors to compete invest their shares in the industry. Therefore, this study aims see whether Current Ratio and Debt Equity contribution profitability. In taking sample using purposive sampling method with several criteria so as get 6 samples of manufacturing industry consumer g...

Historically, corporations have mainly financed their activities with two securities, debt and equity. The stockholders have responsibility for the operation of the firm through the election of the board of directors; the dividends they receive in return for their subscription of capital are not guaranteed and are paid at the discretion of the board of directors. In contrast, debtholders are pr...

The purpose of this research is to examine the firm value multi-finance companies listed on Indonesia Stock Exchange. focuses two variables, namely financial ratios which include current ratio, return assets, equity, and debt equity as well economic added (EVA). hypothesis states that both variables have an impact value. In study, sample selection was done using a quantitative approach through ...