ABSTRACT
The objective of this research is to examine the influence of global financial crisis, debt maturity, and foreign ownership on investment. This study focuses on the crisis which took place after the fall of subprime mortgage market in the United States, which started in 2008. Foreign ownership is defined as ownership held by foreign institutions. Samples consist of non-financial companies listed on the Indonesia Stock Exchange in 2005–2014. Results show that the investment level of Indonesian firms after the global financial crisis is higher, compared to that in the previous period. Short-term debt maturity has negative significant effect on investment. Furthermore, foreign ownership has a positive significant effect on investment. Other factors that have a positive significant effect on investment are firm tangibility and sales volatility.
