Claim Missing Document
Check
Articles

Found 3 Documents
Search

Influence of Cash Holding and Dividend Against Firm Value on Property Company and Real Estate Listed on the Indonesia Stock Exchange Siti Rosa Lismawati; Candra Hadi Utomo; Fenty Fauziah
International Journal of Quantitative Research and Modeling Vol 3, No 2 (2022)
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v3i2.272

Abstract

The purpose of this study was to determine and analyze the effect of cash holding and dividends on firm value in property and real estate companies listed on the Indonesia Stock Exchange, either partially or simultaneously. The quantitative type of research used in this study, the research population is all property and real estate companies listed on the Indonesia Stock Exchange for the 2010-2019 period and the sample selection technique uses purposive sampling so that a sample of companies is obtained. The data collection techniques with documentation and are secondary data used in research. The data analysis technique used is panel data with the help of a statistical data processing program called Eviews 9. The results of the study, cash holding partially has a negative and insignificant effect on firm value, while dividends partially have a positive and significant effect on firm value, while simultaneously cash holding and dividends have a significant effect on firm value.
Influence of Cash Holding and Dividend Against Firm Value on Property Company and Real Estate Listed on the Indonesia Stock Exchange Siti Rosa Lismawati; Candra Hadi Utomo; Fenty Fauziah
International Journal of Quantitative Research and Modeling Vol. 3 No. 2 (2022): International Journal of Quantitative Research and Modeling
Publisher : Research Collaboration Community (RCC)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46336/ijqrm.v3i2.272

Abstract

The purpose of this study was to determine and analyze the effect of cash holding and dividends on firm value in property and real estate companies listed on the Indonesia Stock Exchange, either partially or simultaneously. The quantitative type of research used in this study, the research population is all property and real estate companies listed on the Indonesia Stock Exchange for the 2010-2019 period and the sample selection technique uses purposive sampling so that a sample of companies is obtained. The data collection techniques with documentation and are secondary data used in research. The data analysis technique used is panel data with the help of a statistical data processing program called Eviews 9. The results of the study, cash holding partially has a negative and insignificant effect on firm value, while dividends partially have a positive and significant effect on firm value, while simultaneously cash holding and dividends have a significant effect on firm value.
Strategic Credit Policy Adjustments During Economic Shocks: Lessons From Indonesia’s Manufacturing Sector Fenty Fauziah; Siti Rosa Lismawati; Nur Hanisfatin Rushami Zien
Jurnal Aplikasi Bisnis dan Manajemen Vol. 11 No. 3 (2025): JABM Vol. 11 No. 3, September 2025
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17358/jabm.11.3.894

Abstract

Background: Receivables management is a critical component of working capital strategy, particularly during periods of economic disruption. The COVID-19 pandemic posed liquidity challenges for manufacturing firms, testing the balance between RTO, ACP, and profitability.Purpose: This study investigates the effects of Receivables Turnover (RTO) and Average Collection Period (ACP) on the profitability of manufacturing firms in Indonesia, measured by Return on Assets (ROA), during the COVID-19 crisis and post-pandemic recovery.Design/methodology/approach: Using panel data from 167 manufacturing companies listed on the Indonesia Stock Exchange (IDX) between 2018 and 2023, this research applies panel data regression to analyze the relationship between receivables indicators and firm profitability.Findings/Results: The analysis shows that higher RTO is positively associated with ROA, indicating enhanced profitability through efficient cash recovery. Conversely, longer ACP negatively impacts ROA. However, in 2020, firms strategically extended ACP to support customer relationships, which, while reducing short-term returns, improved performance in the recovery years.Conclusion: Credit policies serve a dual function: enhancing liquidity and fostering customer retention. Flexible receivables strategies can buffer firms during crises and position them for post-crisis resilience.Originality/value (State of the art): This study offers timely insights into how receivables management can be leveraged as a strategic response to economic shocks in emerging markets. Keywords: profitability, receivables turnover, average collection period, credit policy, economic shocks