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DYNAMIC CAPITAL STRUCTURE AS STRATEGIC LEVERAGE DECISIONS: A CASE STUDY OF GARUDA INDONESIA

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This thesis examines how dynamic capital-structure management can function as a strategic leverage decision in the aftermath of Garuda Indonesia’s court-approved homologation in 2022. The study investigates whether a more adaptive financing policy enhances financial resilience and supports long-term value creation, particularly through its influence on solvency, investment capacity, and the cost of capital. Using a dynamic partial-adjustment framework estimated through System Generalized Method of Moments and supported by Monte Carlo simulations of the Debt Service Coverage Ratio (DSCR), the analysis conceptualizes financial flexibility as a measurable strategic capability.

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Availability

30007844

7844

RLC MM (Rak Tesis)

Available

Detail Information

Series Title

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Statement of Responsibility

Oey Richard Arthur Wijaya

Call Number

7844

Publisher

Salemba, Jakarta : Magister Manajemen FEB UI., 2025

Collation

xii, 137 p. : ill. ; 30 cm.

Language

English

ISBN/ISSN

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Classification

650

Content Type

text

Edition

-

Subject(s)

Tesis
Capital Structure
Leverage

Specific Detail Info

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