ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDING PADA PERUSAHAAN MANUFAKTUR

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David Gervaise
Augustpaosa Nariman

Abstract

This study aims to determine the effect of leverage, firm size, net working capital and
profitability on cash holding in manufacturing companies in 2018-2020. The research
sample was selected based on the purposive sampling method and the selected sample was
72 companies. The data processing technique used in this study uses multiple regression
analysis assisted by the EViews 12 software and Microsoft Excel 2019. The results show
that leverage has no significant negative effect on cash holding. Firm size has no
significant positive effect on cash holding, while net working capital and profitability have
a significant positive effect on cash holding.

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