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Journal : JURNAL LENTERA AKUNTANSI

PENGARUH SIKLUS HIDUP PERUSAHAAN TERHADAP KEPEMILIKAN KAS PADA PERUSAHAAN YANG TERDAFTAR DI INDEKS KOMPAS 100 Rahmawati, Fitri; Cahyo, Heru; Nirmala, Nirmala
JURNAL LENTERA AKUNTANSI Vol. 8 No. 1 (2023): JURNAL LENTERA AKUNTANSI, MEI 2023
Publisher : POLITEKNIK LP3I JAKARTA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34127/jrakt.v8i1.1089

Abstract

This study aims to determine the partial significance of the company's life cycle, leverage, profitability and company size on cash ownership of companies listed on the compass 100 index of the Indonesia Stock Exchange. The sampling method using purposive sampling obtained as many as 62 companies. The data analysis technique used is panel data regression. The results of data analysis show that the best model is the Fixed Effect Model with the results of the analysis of the expansion stage life cycle, stabilization stage life cycle and decline stage life cycle have a positive and significant effect on cash holdings. The implication of this research is that investors are expected to get an overview of the effect of the company's life cycle on the company's cash ownership policy. Companies in the stabilization stage have large cash holdings including for dividend payments, thus attracting the attention of investors to invest in these companies. By paying attention to the stages of the company's life cycle, it is hoped that it can minimize investor losses when investing and can provide maximum profit from investment. This research provides important understanding for company management in making decisions regarding cash allocation and risk management strategies. Keywords: Corporate Life Cycle, Cash Ownership
Co-Authors - Darliah AA Sudharmawan, AA Abdullah Hasibuan, Hamdi Abdullah, Syahfirin Adelia Adelia, Adelia Adelina Hasyim Afian, Tilal Agung Saputra, Rizka Donny Ahdi Topan Sofyan Alifah, Hidayati Amalia, Hida Amanah, Fitri Anggi, Anggi Apriani, Ari Ariani, Laela Azmi Arif Susanto Arta Kusumaningrum Asep Permadi Gumelar, Asep Permadi Ashari, Ari Asri Andarini Nurlita Astuti, Selvia Dinda Ayatusysifa, Ayatusysifa Ayu Permatasari, Siska Diah Azizah, Faras Puji Badraningsih Lastariwati Baini, Nirmala Baini, Nirmala Barijan, Dede Budi Darmawan Budi Santosa Budi Santosa Cahyo Hasanudin Cahyo, Heru Dadan Suryana Devi, Shintia Dongoran, Rachel F.B Dyah Wahyu Apriani Efendi, Ismail Efendi, Kelvin Nur Endah Pri Ariningsih ERMAN ERMAN Erniawati Diningsih Esti Margiyanti Utami Eti Rakhmiyati, Eti Evi Chamalah Fitri, Haria Fitrian, Harry Pribadi Fitriani, Inayah Fitrianingsih, Ayu Gebi Dwiyanti Gita Dwi Jiwanda Sovira Gotfridus Goris Seran Gun, Gregorius H a r d i n Halimatu Sa’diyah, Halimatu Hamdani Hamdani Hamdani, Rizal Hardin Hardin, Hardin HARIYATI Haryono, Dhanang Andryansah Hasibuan, Nur Anisah Hayat Sholihin Hidayat, Ahmad Taufik Hutama, Ponty S.P. I Dewa Putu Nyeneng Indana, Luthfi INDRASTUTI, DEWI KURNIA Isnani, Salsabila Nurhaliza Putri Ispriyahadi, Heri Jatmiko, Ridho Ari Jeni Mukti Astuti, Jeni Mukti Juliana Juliana Juliati, Putriyani Kapti Asiatun Karim, Fatimah Khairani Aulia, Rahmi Kokom Komariah Kurnia, Puji Kurniyati, Yuli Kusmiati, Isma Larasati, Depi Lasmini Latipa, Latipa Lina Herlina Luthfi Riyadh Rahman Mahanani, Thyara Marezka Marwanti Masiah, Masiah Masitah, Baiq Siti Minarni, Maize Lina Minazh Zhulumati Ilan Nuur, Minazh Zhulumati Muchlis, Ibnu Mukhlis Mukhlis Muninggarsih, Sofia Nais, Miarti Khikmatun Nazra, Endah Regita Cahyani Nelmawarni, Nelmawarni Nirmala Nirmala, Nirmala Nita Merlina, Nita Nofika, Reni Noor Fitrihana Noorjamil, Bayu Fajri Novi Ratna Dewi Nugraha, Difa Aria Nurjana, Nurjanah Nurmitasari, Jeki Oktha Ika Rahmawati Prabowo, Endra Tri Prakoso, Bagas Prasetya, Prima Adi Prihatin, Umul Hani Pulut Suryati, Pulut Putri, Indah Deviana Putri, Rizka Apriani Putri, Sintia Salsabila Rachman, Saskia Aulia Rahmah, Fitri Puan Hayati Cahyaning Ramadhani, Alifa Zahro Restiana, Reza Rezal, Muhammad Riza, Yulfira Rizqie Auliana Romdony, Jefry Rozamuri, Arif Murti Runanto, Dedi Sahratullah Sane, Bastion Faruq Santi Merlinda Saputra, Muhamad Andika Sefri Imanuel Fallo Selviana Selviana Seprianingsih, Dewi Septiowati, Tuti Simaremare, Perawati Sinamo, Ogamaliel Sohmo Siswandari, Puti Sofi, Ahmad Sri Kadarwati Sri Wahyuni Sufiana Noor Sukma, Yoky Nanda Adi Sunarsi, Denok Suratman, Risky Yoga Sutisna, Muhamad Tanasa, Lala Novela Tien Aminatun Tintin Febrianti Titin Ekowati Titin Ekowati, Titin Ekowati Tursiyah -, Tursiyah Usman, U Utami , Esti Margiyanti Widihastuti Yona Ladyventini Yoyo Sulyo Zaenal Abidin Zainal Abidin Zakwan Adri Zulhariadi, Muhammad