FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDING PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA
Main Article Content
Abstract
The purpose of this research is to obtain empirical evidence about the effects of Leverage, firm size, profibility, on cash holding of the manufacturing companies listed in Indonesia Stock Exchange in the period of 2017-2019. This study used 58 manufacturing companies as data and were selected using purposive sampling technique. he research data is managed using Eviews software version 10. The results of this research show that leverage has no significant negatif effect on cash holding while firm size have no significant positif effect on cash holding,This research also indicates that profitability has a significant positif effect on cash holding.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.
References
Afif, S., & Prasetiono. (2016). Analisis Faktor-Faktor yang Mempengaruhi Kebijakan Cash Holding pada Perusahaan Manufaktur yang Listing di Bursa Efek Indonesia Tahun 2010-2014. Diponegoro Journal of Management, Vol. 5, No. 4, hlm. 1-11.
Sari, D. M., & Ardian. (2019). Cash Holding, Cash Flow dan Profitability: Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Politeknik aceh Jurnal Dinamika Akuntansi dan Bisnis Vol. 6(1), 2019, pp 29-38, hlm. 29-38
Aftab, U., Javid, A. Y., & Akhter, W. (2018). The Determinants of Cash Holdings around Different Regions of the World. Business & Economic Review, Vol. 10, Iss. 2, pp. 151-182
Ali, A., & Yousaf, S. (2013). Determinants of Cash holding in German Market. Journal of Business and Management, Vol. 12, Iss. 6, pp. 28-34.
Afrifa, G. (2015). Net working capital, cash flow and performance of UK SMEs. Vol. 15, No. 1, 2016 pp. hlm 21-44.
Arfan, M. (2017). Determinants of Cash Holding of Listed Manufacturing Companies in the Indonesian Stock Exchange, Vol 26(2), h1m 1–12.
Chireka, T., & Fakoya, M. B. (2017). The Determinants of Corporate Cash Holdings Levels: Evidence from Selected South African Retail Firms. Investment Management and Financial Innovations, Vol. 14, Iss. 2, pp. 79-93.
Ghozali, I., & Ratmono, D. (2017). Analisis Multivariate dan Ekonometrika. Semarang: Badan Penerbit Universitas Diponegoro.
Gill, A., & Shah, C. (2012). Determinants of Corporate Cash Holdings: Evidence from Canada. International Journal of Economics and Finance, Vol. 4, Iss. 1, pp. 70-79.
Arfan, M., Basri, H., Handayani, R., Majid, M. S. A., Fahlevi, H., & Dianah, A. (2017). Determinants of Cash Holding of Listed Manufacturing Companies in the Indonesian Stock Exchange. DLSU Business & Economics Review, Vol. 26, Iss. 2, pp. 1-12.
Thu, P. A., & Khuong, N. V. (2018). Factors Effect on Corporate Cash Holdings of the Energy Enterprises Listed on Vietnam’s Stock Market. International Journal of Energy Economics and Policy, Vol. 8, Iss. 5, pp. 29-34.
Marfuah., & Ardan, Z. (2015). Pengaruh Growth Opportunity, Net Working Capital, Cash Conversion Cycle Dan Leverage Terhadap Cash Holding Perusahaan. Vol. 5, No.4, hlm 1-12
Setiawan, R., & Rachmansyah, A. B. (2019). Determinan Cash Holdings Perusahaan: Studi Pada Perusahaan Manufaktur di Indonesia. Jurnal Arthavidya, Vol. 21, No.1, hlm. 95-115.
Eneh, O. M. R., Okegbe, T. O., & Ndubuisi, A. N. (2019). Determinants of Cash Holdings: Evidence from Agricultural Firms Listed on Nigeria Stock Exchange. International Journal of Academic Research in Accounting, Finance and Management Sciences, Vol. 9, Iss. 2, pp. 211–223.
Elnathan, Z., & Liana, S. (2020). Pengaruh Leverage, Firm Size, Likuiditas Dan Profitabilitas Terhadap Cash Holding. Vol. 2, No.1, hlm 40-49