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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Format: | Article |
Language: | English |
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Universitas Tarumanagara
2017-11-01
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Series: | Jurnal Manajemen |
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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. |
first_indexed | 2024-12-11T23:18:03Z |
format | Article |
id | doaj.art-d09f7c3e67024cecb13a90ee4936baef |
institution | Directory Open Access Journal |
issn | 1410-3583 2549-8797 |
language | English |
last_indexed | 2024-12-11T23:18:03Z |
publishDate | 2017-11-01 |
publisher | Universitas Tarumanagara |
record_format | Article |
series | Jurnal Manajemen |
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 |
work_keys_str_mv | AT suhermansuherman faktorfaktoryangmempengaruhicashholdingsperusahaandibursaefekindonesia |