JAAF (Journal of Applied Accounting and Finance)
Vol 4, No 2 (2020): JAAF (Journal of Applied Accounting and Finance)

The Determinants of Corporate Cash Holding in Indonesia: Manufacturing Company

Muhammad Ilham Prasetyo Sitorus (Accounting Study Program, Faculty of Business President University, Cikarang, Indonesia)
Ika Pratiwi Simbolon (Universitas Presiden)
Andrianantenaina Hajanirina (Accounting Study Program, Faculty of Business President University, Cikarang, Indonesia)



Article Info

Publish Date
30 Sep 2020

Abstract

This research has the purpose of analyzing the cash flow, capital expenditures, liquid assets, tangible assets, bank debt, firm size, research and development, growth opportunities, leverage, cash flow volatility, managerial ownership toward cash holding. The population in this research are all manufacturing firms listed on the Indonesia Stock Exchange (IDX). The sampling technique uses a purposive sampling method, and 78 observations have obtained from 26 companies for the 2016-2018 period. The method used in this research is quantitative. The results of this study indicate that liquid assets, tangible assets, and leverage have significant impact on cash holdings. In contrast, cash flow, bank debt, capital expenditure, firm size, research and development, growth opportunities, cash flow volatility, and managerial ownership do not have significant impact on cash holding.

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Journal Info

Abbrev

JAAF

Publisher

Subject

Economics, Econometrics & Finance

Description

JAAF Journal of Applied Accounting and Finance is a biannual double blind peer reviewed journal published in two period, March and September. This professional journal devoted to the development of accounting and financial disciplines both in theory and practice. The policy of the journal is to ...