Pengaruh Leverage, Capital Expenditure, Dan Net Working Capital Terhadapcash Holding Perusahaan

Abstract

This research aims to prove empirically the influence of leverage, capital expenditure, and net working capital toward cash holding in the manufacturing company listed in Indonesian Exchange stock (IDX) in 2016-2018. This research uses 62 samples of manufacturing companies selected using purposive sampling method with a three - year period. Data uses in this research is a secondary data. The data processing in this study uses the program Eviews version 11.0. The test result of F shows that the leverage, capital expenditure, and net working capital have significant effect towards cash holding together. T test result shows that leverage and capital expenditure do not have a significant effect on cash holding while the net working capital have positive significant effect towards cash holding.