If this issue is not addressed it can cause national deficit and eventually lead the country to bankruptcy. Therefore, the aim of this study is to identify the eligible individual to receive subsidy based on each energy resources. The study used cross sectional data collected from 500 respondents...
set an optimal debt ratio, below which firms gain certain advantages such as tax savings (Modigliani and Miller 1958). However, beyond this optimal level, these firms face certain costs (agency costs, debt costs, bankruptcy costs, etc.). They must be vigilant concerning certain risks that are...