ANALISIS FAKTOR-FAKTOR YANG MEMENGARUHI CASH HOLDING PERUSAHAAN MANUFAKTUR TAHUN 2017-2020
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Abstract
This research aims to obtain empirical evidence on the influence of financial leverage, net
working capital, firm size, profitability, growth opportunity, and capital expenditure on
corporate cash holding in the manufacturing industry listed on the Indonesia Stock
Exchange (IDX) during the period 2017-2020. This study used purposive sampling methods
in sampling and obtained as many as 58 samples of manufacturing companies listed on the
Indonesia Stock Exchange (IDX) during the period 2017-2020. The study used multiple
linear regression analysis. This research conducted data processing using Eviews
application version 12 and Microsoft Excel 2019. The results of this study showed that
financial leverage, net working capital, and capital expenditure negatively affect cash
holding, profitability has a positive effect on cash holding, and firm size and growth
opportunity have no effect on cash holding.
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