The role of UKM is perceived by a developing country, especially in number of business entities and employment. As a city with a growing economy, Medan city is currently making UKM as one of the priorities in the field of economic development work program. Flexibility of the UKM can be directly...

This research is aimed to examine the possible association between bank financial ratios derived from CAMEL to influence of bank performance in Indonesia in 2008. Five independent variables were used in the analysis, i.e. capital adequacy ratio (CAR), non performing loan (NPL), net interest...

This research attempts to analyze whether Rupiah overshoots when the crisis hit Indonesia in mid of 1998. It also try to find out the fundamental macroeconomic factors that influence exchange rate when economic crisis hit Indonesia. It uses ordinary least square method and also cointegration in...

The choice between debt and equity financing has been directed to seek the optimal capital structure. Under the agency costs hypothesis, a high leverage or a low equity/asset ratio reduces the agency costs of outside equity and increases firm value. Several studies show that a firm with high...