Faktor-Faktor Yang Mempengaruhi Cash Holding Pada Perusahaan Consumer Non-Cyclicals

Edvandi Fam Supra; Vidyarto Nugroho

doi:10.24912/jpa.v7i3.34237

pdf

Published: Jul 17, 2025

DOI: https://doi.org/10.24912/jpa.v7i3.34237

Keywords:

Profitability, Leverage, Firm Size, Growth Opportunity, Cash Holding

Dimensions

Altmetrics

Statistics

Read Counter : 5

Download : 3

Crossmark/ Data Version

Edvandi Fam Supra

Vidyarto Nugroho

Abstract

This study aims to obtain empirical evidence regarding the effect of profitability, leverage, firm size, and growth opportunity on cash holding in consumer non-cyclicals companies. The sampling technique used was purposive sampling. The sample data in this study were 120 sample data. This study uses secondary data that is processed using IBM SPSS version 22. The results of the F test show that profitability, leverage, firm size, and growth opportunity together have a significant effect on cash holding. The results of the t test show that profitability had a positive and significant effect on cash holding, while leverage has a negative and significant effect on cash holding. Firm size has a positive and insignificant effect on cash holding and growth opportunity has a negative and insignificant effect on cash holding.

Issue

Vol. 7 No. 3 (2025): Juli 2025

Section

Articles

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

Ali, S., Ullah, M., & Ullah, N. (2016). Determinants Of Corporate Cash Holdings “A Case Of Textile Sector In Pakistan”. International Journal of Economics, and Management Science, 5(3).

Angkawidjaja, C., & Rasyid, R. (2019). Faktor-Faktor Yang Mempengaruhi Cash Holding. Jurnal Multiparadigma Akuntansi, 1(3), 693-702.

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, 26(2), 1–12.

Christian, N. & Fauziah, F. (2017). Faktor-faktor Penahanan Dana (Cash Holding). Global Financial Accounting Journal, 1(1), 13-24.

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.

Jensen, M., C., dan W. Meckling, 1976. “Theory of the firm: Managerial behavior, agency cost and ownership structure”, Journal of Finance Economic. 3:305- 360

Kasmir, 2016. Analisis Laporan Keuangan. Jakarta : PT. Raja Grafindo Persada.

Liestyasih, L, P, E., & Wiagustini, L, P. (2017). Pengaruh Firm Size Dan Growth Opportunity Terhadap Cash Holding Dan Firm Value. E-Jurnal Ekonomi dan Bisnis Universitas Udayana, 6(10), 3607-3636. 211–223.

Sartono, A, R. (2016). Manajemen Keuangan Teori dan Aplikasi 4th edition. Yogyakarta: BPFE.

Simanjuntak, S, F., & Wahyudi, A, S. (2017). Faktor-Faktor Yang Mempengaruhi Cash Holding Perusahaan. Jurnal Bisnis dan Akuntansi, 19(1), 25-31.

Sudarmi, E., & Nur, T. (2018). Analisis Faktor-Faktor Yang Mempengaruhi Cash Holding Pada Perusahaan Manufaktur Yang Tercatat Di Bursa Efek Indonesia. Essensi: Journal Management, 21(1), 14-33.

Sufiyati., Susanto, L., Dewi, S, P., & Susanti, M. (2022). Dampak Pertumbuhan Penjualan, Leverage, Ukuran Perusahaan, Dan Profitabilitas Terhadap Cash Holding. Jurnal Bina Akuntansi, 9(1), 74-93.

Suherman. (2017). Faktor-Faktor Yang Mempengaruhi Cash Holding Perusahaan Di Bursa Efek Indonesia. Jurnal Management. 21(2), 336-349.

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, 8(5), 29-34.

Article Sidebar

Main Article Content

Abstract

Article Details

References

Similar Articles