Faktor Yang Mempengaruhi Cash Holding Perusahaan Manufaktur Di Indonesia Tahun 2017-2019
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Abstract
The purpose of this research is to examine the effect of firm size, leverage, profitability, net working capital, and growth opportunities towards cash holding of manufacturing companies listed in the Indonesia Stock Exchange from 2017-2019. The dependent variable used in this research is cash holding. The independent variables used in this research are firm size, leverage, profitability, net working capital, and growth opportunities. The research used 72 manufacturing companies as sample that were selected using purposive sampling method. Data processing techniques using multiple regression analysis with Eviews 11. The result of this research shows that firm size, leverage, and profitability has non-significant effect on cash holding and net working capital and growth opportunities has a significant negative effect on cash holding. The implication of this study is companies still need to pay attention to the amount of cash they have for the continuity of their company.
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This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.
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