Faktor- Faktor Yang Mempengaruhi Cash Holding Pada Perusahaan Property Dan Real Estate

Abstract

The purpose of this study aims to determine and analyze the influence of profitability, firm size, leverage, net working capital and growth opportunity on cash holding. The research method used was purposive sampling with a total sample of 47 companies listed on the Indonesian Stock Exchange (IDX). This research was conducted using observational years namely 2016-2018. The type of data used is secondary data. Data is obtained from financial statements taken from www.idx.com. The results of the study show that profitability, leverage have no significant positive effect on cash holding, while firm size, net working capital has a significant positive effect on cash holding and growth opportunity has a significant negative effect on cash holding.