Redirigiendo al acceso original de articulo en 21 segundos...

Internal Finance and Growth: Comparison Between Firms in Indonesia and Bangladesh

Humaira Husain    


This paper investigates a panel of 289 Indonesian firms and 73 Bangladeshi firms over the period 1998-2006 to study the extent to which the availability of the Internal finance in terms of cash-flow influences firms? growth. There is less than one for one correspondence between assets growth and Internal Finance using the simple dynamic asset growth model augmented with cash-flow. This result is robust to estimating more general and extended dynamic model. Growth of assets is not constrained by the profit generating capacity of firms in Indonesia as well as in Bangladesh. Along with internally generated funds, growth of firms is determined by external equity finance, as well as institutional finance.Keywords: Assets Growth, Cash-flow, Equity FinanceJEL Classification: D92

 Artículos similares

Ivone S. Saerang,Herman Karamoy,Victor P. K. Lengkong     Pág. 325 - 331
This study aims to find out whether government officials understand the mechanism of social assistance and grants and its legal basis for execution to minimize fraud prior to and during the execution of regional head election in South Minahasa district a... ver más

Etty Susilowati,Sugiharto Sugiharto,Leonnard Leonnard,Budi Srihartati    
The availability of student dormitories has become a major attraction for universities in Indonesia since many universities have provided this facility. In this study, we examine the potential of a student dormitory development at the Budi Luhur Universi... ver más

Anthony Amicelle     Pág. Finance an - 23
When and how did the laundering of ?dirty? money become an object of public concern, debate, and ultimately policy at the intersection of finance and security? This article sheds light on the social construction of money laundering as a public problem in... ver más

Winston PONTOH     Pág. 1 - 10
Dividend policy is still a controversy in corporate finance area, since public firms are distributing the earnings differently. By conducting multinomial logistic regression analysis with 241 firms as samples which is listed in Indonesia Stock Exchange f... ver más

Irina P. Khominich,Mariya S. Rybyantseva,Lyubov V. Borodacheva,Elena V. Dik,Evgenii V. Afanasev     Pág. 96 - 101
At the current stage of development of Russia's financial system, with quite high risks and interest rates, with only just gaining strength the stock market and the upcoming large-scale entering the domestic companies interest in the theory and practice ... ver más