Claim Missing Document
Check
Articles

Found 1 Documents
Search

Net Working Capital and Growth Opportunity on Cash Holding Ulfa, Maria; Dasman, Sunita; Sapruwan, Muhammad; Gea, Fransiskus; Ristyaningsih , Ristyaningsih; Kurniawati, Marenda
Growth: Journal Management and Business Vol. 1 No. 01 (2023): Desember 2023
Publisher : Lentera Ilmu Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59422/growth.v1i01.165

Abstract

The presence of cash in a company's balance sheet is an important component. Without cash, the company's activities can’t run. This study aims to analyze and provide empirical evidence related to the effect of net working capital and growth opportunity on cash holding in automotive and component subsector companies listed on the Indonesia Stock Exchange in 2017-2021. This study uses secondary data with data analysis method using panel data regression analysis. The sample used in this study used a non-probability sampling technique with a saturated sampling technique method and obtained 12 samples. The results of this study indicate that net working capital has a significant effect on cash holding, while growth opportunity has no significant effect on cash holding.