Factors Determining Cash Holding in Manufacturing Companies

DOI

10.2991/aebmr.k.220501.051How to use a DOI?

Keywords

Profitability; Firm Size; Leverage; Capital Expenditure; Cash Holding

Abstract

This research aimed to reveal the influences of profitability, firm size, leverage, and capital expenditure on cash holding. In this study, 34 manufacturers listed on IDX from 2016 to 2018 were chosen using a purposive sampling strategy. Secondary data in the form of financial statements was utilized. Data analysis was performed with descriptive statistics and hypothesis testing with data panel regression analysis using EViews version 10. As the results, firm size has no significant influence on cash holding, while leverage and capital expenditure has negative and significant influences on cash holding. Meanwhile, profitability has a positive and significant influence on cash holding. It is suggested that this study should be extended, other independent variables should be added, and the different proxy should be used in future research.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Agustin Ekadjaja
AU  - Halim Putera Siswanto
AU  - Agselia Agselia
PY  - 2022
DA  - 2022/05/11
TI  - Factors Determining Cash Holding in Manufacturing Companies
BT  - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
PB  - Atlantis Press
SP  - 338
EP  - 343
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220501.051
DO  - 10.2991/aebmr.k.220501.051
ID  - Ekadjaja2022
ER  -