Jurnal Ekonomi
Vol. 24 No. 1 (2019): March 2019

Corporate Governance, Capital Expenditure Dan Cash Holdings

Yanti (Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara)
Liana Susanto (Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara)
Henny Wirianata (Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara)
Viriany (Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara)



Article Info

Publish Date
30 Mar 2019

Abstract

This study aims to obtain empirical evidence about the effect of Corporate Governance and Capital Expenditure on Cash Holding. This study uses secondary data from financial statements of manufacturing companies listed on the Indonesia Stock Exchange in 2014-2016. The structure of Corporate Governance is measured using independent commissioners, board of commissioners, and institutional ownership. The analytical method used in this study is multiple regression analysis which is processed with the E-Views program. The results of this study indicate that independent commissioners, the board size, and institutional ownership partially have no significant effect on cash holding. While Capital Expenditure has a significant and negative effect on cash holding.

Copyrights © 2019






Journal Info

Abbrev

EJE

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p-ISSN 0854-9842 : e-ISSN 2580-4901] is a peer-reviewed journal published three times a year (March, July, and November) by Faculty of Economics, Universitas Tarumanagara. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of research on ...