Faktor-Faktor Yang Mempengaruhi Cash Holding Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

Heni Mawarti (Universitas Islam Batik)
Yuli Chomsatu (Universitas Islam Batik)
Purnama Siddi (Universitas Islam Batik)

Jurnal Tirtayasa Ekonomika (Tirtayasa Economica Journal)
Vol 15, No 2 (2020)

This study aims to discuss and analyze the factors that influence cash holding in manufacturing companies listed on the Indonesia Stock Exchange. Research variables are cash flow, growth opportunities, and dividend yields. Population received 166 companies, obtained a sample of 48 companies selected by purposive sampling technique. The study uses secondary data with an observation period of 1 (one) year, namely 2018. Based on the results of multiple linear regression, states that cash flow has no significant effect on cash holding, growth opportunities have a significant positive effect on cash holding, and dividend yields have a significant positive effect on holding cash. The results of the study are expected to be used as material for consideration by the company's management for the purpose used to manage cash in the company, because cash management is needed so that deficiencies can occur in the company's finances.