Internal and External Factors on Cost Capital of Apparel and Luxury Goods Companies in Indonesia Stock Exchange

This study aims to explore the determinants of the cost of capital for apparel and luxury goods companies listed on the Indonesia Stock Exchange. It utilizes annual data from 2016 to 2023 and employs a panel data model. The findings indicate that both internal and external factors influence the cost of capital. Internal factors include leverage, the interest coverage ratio (ICR), and taxes, while external factors include interest rates and exchange rates.

Authors

Institutions

Publication Details

Journal
Jurnal Ekonomi dan Bisnis Jagaditha
Published
2025-09-29
DOI
https://doi.org/10.22225/jj.12.2.2025.269-278
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Internal and External Factors on Cost Capital of Apparel and Luxury Goods Companies in Indonesia Stock Exchange

Jhonny Sinaga, John Ehj. FoEh, Nera Marinda Machdar, Adler Haymans Manurung et al.
Jurnal Ekonomi dan Bisnis Jagaditha
Financial Analysis and Corporate Governance
article

Internal and External Factors on Cost Capital of Apparel and Luxury Goods Companies in Indonesia Stock Exchange

Jhonny Sinaga, John Ehj. FoEh, Nera Marinda Machdar, Adler Haymans Manurung, Jerry Marmen Simanjuntak
article en

Abstract

This study aims to explore the determinants of the cost of capital for apparel and luxury goods companies listed on the Indonesia Stock Exchange. It utilizes annual data from 2016 to 2023 and employs a panel data model. The findings indicate that both internal and external factors influence the cost of capital. Internal factors include leverage, the interest coverage ratio (ICR), and taxes, while external factors include interest rates and exchange rates.

Jurnal Ekonomi dan Bisnis JagadithaVol. 12(2)
Universitas Bhayangkara Jakarta Raya (ID), Universitas Pembangunan Nasional Veteran Jakarta (ID)
Openalex Percentile: Top 59%
Financial Analysis and Corporate Governance
DOIOpen Access PDFOpenAlex
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Internal and External Factors on Cost Capital of Apparel and Luxury Goods Companies in Indonesia Stock Exchange — Jhonny Sinaga, John Ehj. FoEh, et al. · Jurnal Ekonomi dan Bisnis Jagaditha (2025) | TGRS Research Map | TGRS