Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia
The aim of this study is to examine the effect of the global financial crisis and firm characteristics on corporate cash holdings in Indonesia. A total of 101 manufacturing firms listed in the Indonesia Stock Exchange from 2005 to 2014 are examined. This study employs panel regression with fixed ef...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2016-12-01
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| Series: | Jurnal Siasat Bisnis |
| Subjects: | |
| Online Access: | https://journal.uii.ac.id/JSB/article/view/6274 |
| _version_ | 1797201979534999552 |
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| author | Bambang Sutrisno Tatang Ary Gumanti |
| author_facet | Bambang Sutrisno Tatang Ary Gumanti |
| author_sort | Bambang Sutrisno |
| collection | DOAJ |
| description |
The aim of this study is to examine the effect of the global financial crisis and firm characteristics on corporate cash holdings in Indonesia. A total of 101 manufacturing firms listed in the Indonesia Stock Exchange from 2005 to 2014 are examined. This study employs panel regression with fixed effect model. The results show that Indonesia firms hold more cash during the global financial crisis than in the normal times. Investment opportunities set and divident payment have positive effect on cash holding, meanwhile firm size, capital expenditure, liquid assets substitutes, and leverage have negative effect on cash holding.
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| first_indexed | 2024-03-08T01:58:54Z |
| format | Article |
| id | doaj.art-7f299aabbea745e89279a89b0e721814 |
| institution | Directory Open Access Journal |
| issn | 0853-7666 2528-7001 |
| language | English |
| last_indexed | 2024-04-24T07:56:09Z |
| publishDate | 2016-12-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Jurnal Siasat Bisnis |
| spelling | doaj.art-7f299aabbea745e89279a89b0e7218142024-04-18T06:59:43ZengUniversitas Islam IndonesiaJurnal Siasat Bisnis0853-76662528-70012016-12-01202Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di IndonesiaBambang Sutrisno0Tatang Ary Gumanti1Universitas Muhammadiyah JakartaUniversitas Jember The aim of this study is to examine the effect of the global financial crisis and firm characteristics on corporate cash holdings in Indonesia. A total of 101 manufacturing firms listed in the Indonesia Stock Exchange from 2005 to 2014 are examined. This study employs panel regression with fixed effect model. The results show that Indonesia firms hold more cash during the global financial crisis than in the normal times. Investment opportunities set and divident payment have positive effect on cash holding, meanwhile firm size, capital expenditure, liquid assets substitutes, and leverage have negative effect on cash holding. https://journal.uii.ac.id/JSB/article/view/6274cash holdingkrisis keuangan globalkarakteristik perusahaan |
| spellingShingle | Bambang Sutrisno Tatang Ary Gumanti Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia Jurnal Siasat Bisnis cash holding krisis keuangan global karakteristik perusahaan |
| title | Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia |
| title_full | Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia |
| title_fullStr | Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia |
| title_full_unstemmed | Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia |
| title_short | Pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di Indonesia |
| title_sort | pengaruh krisis keuangan global dan karakteristik perusahaan terhadap cash holding perusahaan di indonesia |
| topic | cash holding krisis keuangan global karakteristik perusahaan |
| url | https://journal.uii.ac.id/JSB/article/view/6274 |
| work_keys_str_mv | AT bambangsutrisno pengaruhkrisiskeuanganglobaldankarakteristikperusahaanterhadapcashholdingperusahaandiindonesia AT tatangarygumanti pengaruhkrisiskeuanganglobaldankarakteristikperusahaanterhadapcashholdingperusahaandiindonesia |