Jurnal Dinamika Akuntansi dan Bisnis (JDAB)
Vol 4, No 1 (2017): Maret 2017

Hubungan Cash Holding dan Nilai Perusahaan di Indonesia

Sutrisno, Bambang (Unknown)



Article Info

Publish Date
27 Mar 2017

Abstract

This paper aims to examine the effect of cash holding on firm value in Indonesia. This study tested empirically for the existence of a linear relationship between cash holding and firm value. Then the study examines whether or not a quadratic relationship exists. A total of 115 manufacturing firms listed on the Indonesia Stock Exchange from 2010 to 2014 were examined. This study employs panel regression with fixed effect model. The results show that a linear relationship exists between cash holding and firm value. However, a quadratic relationship does not appear between cash holding and firm value of Indonesian manufacturing firms. Thus, the result of this study supports pecking order theory

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Journal Info

Abbrev

JDAB

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Dinamika Akuntansi dan Bisnis (JDAB) is a biannual peer-reviewed and open-access journal published by Accounting Department, Universitas Syiah Kuala, Indonesia, in collaboration with the Institute of Indonesia Chartered Accountant. JDAB was first published in March 2014 and made accessible ...