Authors:

Nadya Komari, Rita Juliana

Abstract:

“This study aims to see the effect of Economic Policy Uncertainty (EPU) to the cost of debt in Indonesia. This quantitative research sample used in this study includes a total of 4,312 observations collected from 453 listed firms on IDX from the period 2006 to 2020. Using fixed-effect panel data regression, our result shows that there is a positive relationship between the cost of debt and EPU, and the effect is even greater when a crisis occurs. With additional analysis conducted, our result show EPU has stronger impact on large firms’ than small firms’ cost of debt. However, when a crisis occurs, EPU has a higher effect on small firms samples than on large firms samples. Thus, it can be concluded if the crisis plays an important role in the research results. Keywords: Cost Of Debt; Economic Policy Uncertainty; Crisis.”

Keywords

Cost Of Debt; Economic Policy Uncertainty; Crisis.

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PDF:

https://jurnal.harianregional.com/akuntansi/full-83857

Published

2022-04-26

How To Cite

KOMARI, Nadya; JULIANA, Rita. Economic Policy Uncertainty and Cost of Debt Financing in Indonesia.E-Jurnal Akuntansi, [S.l.], v. 32, n. 4, p. 1020-1031, apr. 2022. ISSN 2302-8556. Available at: https://jurnal.harianregional.com/akuntansi/id-83857. Date accessed: 28 Aug. 2025. doi:https://doi.org/10.24843/EJA.2022.v32.i04.p14.

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Issue

Vol 32 No 4 (2022)

Section

Articles

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