FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA

The purpose of this study is to examine determinants of cash holdings of non-financial firms listed on Indonesia Stock Exchange between 2012 and 2015. Sample of this research covers 328 firms (1312 observations). This research employs fixed effect model. The results show that net working capital and...

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Main Author: Suherman Suherman
Format: Article
Language:English
Published: Universitas Tarumanagara 2017-11-01
Series:Jurnal Manajemen
Subjects:
Online Access:http://ecojoin.org/index.php/EJM/article/view/255
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author Suherman Suherman
author_facet Suherman Suherman
author_sort Suherman Suherman
collection DOAJ
description The purpose of this study is to examine determinants of cash holdings of non-financial firms listed on Indonesia Stock Exchange between 2012 and 2015. Sample of this research covers 328 firms (1312 observations). This research employs fixed effect model. The results show that net working capital and sales growth have positive effects on cash holding, while firm size has negative effect. Cash flow, cash flow variability, cash conversion cycle, liquidity, leverage do not affect the cash holdings.
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spelling doaj.art-d09f7c3e67024cecb13a90ee4936baef2022-12-22T00:46:26ZengUniversitas TarumanagaraJurnal Manajemen1410-35832549-87972017-11-0121333634910.24912/jm.v21i3.255248FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIASuherman Suherman0Universitas Negeri JakartaThe purpose of this study is to examine determinants of cash holdings of non-financial firms listed on Indonesia Stock Exchange between 2012 and 2015. Sample of this research covers 328 firms (1312 observations). This research employs fixed effect model. The results show that net working capital and sales growth have positive effects on cash holding, while firm size has negative effect. Cash flow, cash flow variability, cash conversion cycle, liquidity, leverage do not affect the cash holdings.http://ecojoin.org/index.php/EJM/article/view/255cash holding, cash flow, cash flow variability, cash conversion cycle, liquidity, leverage, net working capital, sales growth, firm size
spellingShingle Suherman Suherman
FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA
Jurnal Manajemen
cash holding, cash flow, cash flow variability, cash conversion cycle, liquidity, leverage, net working capital, sales growth, firm size
title FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA
title_full FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA
title_fullStr FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA
title_full_unstemmed FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA
title_short FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDINGS PERUSAHAAN DI BURSA EFEK INDONESIA
title_sort faktor faktor yang mempengaruhi cash holdings perusahaan di bursa efek indonesia
topic cash holding, cash flow, cash flow variability, cash conversion cycle, liquidity, leverage, net working capital, sales growth, firm size
url http://ecojoin.org/index.php/EJM/article/view/255
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