FAKTOR-FAKTOR YANG MEMPENGARUHI CASH HOLDING PADA PERUSAHAAN MANUFAKTUR

Erviana Setia Putri, Tony Sudirgo (Fakultas Ekonomi dan Bisnis Universitas Tarumanagara, Jakarta)

Jurnal Paradigma Akuntansi
Vol 2, No 4 (2020): Oktober 2020

The purpose of this research is to obtain empirical evidence about the effect of net working capital, leverage, cash conversion cycle, tangible asset and profitability toward cash holding in manufacturing companies listed in the Indonesian Stock Exchange in the period 2016-2018. The sample was determined by purposive sampling method. The research conducted by taking 70 manufacturing companies. The result of this research shows that net working capital, leverage, cash conversion cycle, and tangible asset have negative effect on cash holding, while profitability have positive effect on cash holding.