El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Vol. 7 No. 8 (2026): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam

Solusi Permasalahan Pemegangan Cash Holding Jangka Panjang

Fildza Aqilla Nur’aini (Unknown)
Shinta Permata Sari (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
09 Aug 2026

Abstract

Cash holding is essential to meet the operational needs of the company. The study aims to analyze the effect of Profitability, Leverage, Growth Opportunity, and Capital Expenditure on Cash Holding. The sample of this study is Consumer Non-Cyclicals companies listed on the Indonesia Stock Exchange (IDX) for the 2022-2024 period. The study uses a quantitative approach using annual reports that are accessed from the official Indonesia Stock Exchange website. The sampling technique use purposive sampling, resulting in 306 observations meeting the research criteria. The analytical method  used  is  multiple  linear  regression analysis with the assistance of Stata MP 17 software. The results provide empirical evidence that Profitability, Leverage, Growth Opportunity, and Capital Expenditure have effect on Cash Holding.

Copyrights © 2026






Journal Info

Abbrev

elmal

Publisher

Subject

Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam mempublikasi hasil riset dan kajian terkini bidang ekonomi, keuangan, manajemen dan bisnis Islam. Mulai 2011, jurnal ini terbit tiga kali setahun setiap Maret, Juli dan November. Jurnal ini dikelola oleh Pusat Riset dan Kajian Strategis (PRKS) Masyarakat ...