This study uses quarterly data, from March 2009 to December 2013 on the 25 liquid stocks listed in the Indonesian Stock Exchange. The data are collected from the Indonesian Capital Market Directory and from the Indonesian Central Bank. The aims from this study are to investigate whether...

Micro, small, and medium enterprises (MSMEs) are important assets for the economic sustainability in Indonesia. The sector has an important role in encouraging economic growth and supporting the creation of new jobs for the Indonesian population. When Indonesia was facing the economic crisis...