Corporate Governance In Cash Management, Net Working Capital, And Cash Holding
Manufacturing companies need effective cash management to meet their capital expenditures and cash holding. Effective cash management needs to be supported by good governance so that it can determine adequate cash holding. Independent variables in this study were measured by cash flow, cash conversi...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universitas Tarumanagara
2023-01-01
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| Series: | Jurnal Akuntansi |
| Subjects: | |
| Online Access: | http://ecojoin.org/index.php/EJA/article/view/1246 |
| _version_ | 1797953822317871104 |
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| author | Henny Wirianata Viriany Ignatius Flora De Mayo |
| author_facet | Henny Wirianata Viriany Ignatius Flora De Mayo |
| author_sort | Henny Wirianata |
| collection | DOAJ |
| description | Manufacturing companies need effective cash management to meet their capital expenditures and cash holding. Effective cash management needs to be supported by good governance so that it can determine adequate cash holding. Independent variables in this study were measured by cash flow, cash conversion cycle, capital expenditure, net working capital, and board of commissioners' activities. Governance measured by the board of commissioners' activities is also a moderation variable. The data in this study were processed and analyzed using Eviews 10 for the period 2017 to 2020. The panel's data regression results show that the cash conversion cycle and net working capital have a negative influence on cash holding. Cash flow, capital expenditure, and board of commissioners' activities have no effect. The moderation regression test results show that the board of commissioners' activities could not moderate the influence of cash flow, cash conversion cycle, capital expenditure, and net working capital on cash holding. |
| first_indexed | 2024-04-10T23:09:17Z |
| format | Article |
| id | doaj.art-b3e6d2f2fff84c2b99cc7a90a31586a4 |
| institution | Directory Open Access Journal |
| issn | 1410-3591 2549-8800 |
| language | English |
| last_indexed | 2024-04-10T23:09:17Z |
| publishDate | 2023-01-01 |
| publisher | Universitas Tarumanagara |
| record_format | Article |
| series | Jurnal Akuntansi |
| spelling | doaj.art-b3e6d2f2fff84c2b99cc7a90a31586a42023-01-13T08:30:28ZengUniversitas TarumanagaraJurnal Akuntansi1410-35912549-88002023-01-0127111813510.24912/ja.v27i1.12461230Corporate Governance In Cash Management, Net Working Capital, And Cash HoldingHenny Wirianata0Viriany1Ignatius Flora De Mayo2Faculty of Economics and Business, Tarumanagara University, Jakarta, Indonesia Faculty of Economics and Business, Tarumanagara University, Jakarta, Indonesia Faculty of Economics and Business, Tarumanagara University, Jakarta, Indonesia Manufacturing companies need effective cash management to meet their capital expenditures and cash holding. Effective cash management needs to be supported by good governance so that it can determine adequate cash holding. Independent variables in this study were measured by cash flow, cash conversion cycle, capital expenditure, net working capital, and board of commissioners' activities. Governance measured by the board of commissioners' activities is also a moderation variable. The data in this study were processed and analyzed using Eviews 10 for the period 2017 to 2020. The panel's data regression results show that the cash conversion cycle and net working capital have a negative influence on cash holding. Cash flow, capital expenditure, and board of commissioners' activities have no effect. The moderation regression test results show that the board of commissioners' activities could not moderate the influence of cash flow, cash conversion cycle, capital expenditure, and net working capital on cash holding.http://ecojoin.org/index.php/EJA/article/view/1246cash management; net working capital; board of commissioners’ activities; cash holdings. |
| spellingShingle | Henny Wirianata Viriany Ignatius Flora De Mayo Corporate Governance In Cash Management, Net Working Capital, And Cash Holding Jurnal Akuntansi cash management; net working capital; board of commissioners’ activities; cash holdings. |
| title | Corporate Governance In Cash Management, Net Working Capital, And Cash Holding |
| title_full | Corporate Governance In Cash Management, Net Working Capital, And Cash Holding |
| title_fullStr | Corporate Governance In Cash Management, Net Working Capital, And Cash Holding |
| title_full_unstemmed | Corporate Governance In Cash Management, Net Working Capital, And Cash Holding |
| title_short | Corporate Governance In Cash Management, Net Working Capital, And Cash Holding |
| title_sort | corporate governance in cash management net working capital and cash holding |
| topic | cash management; net working capital; board of commissioners’ activities; cash holdings. |
| url | http://ecojoin.org/index.php/EJA/article/view/1246 |
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