Analisis Faktor-faktor yang Memengaruhi Tingkat Cash Holding pada Perusahaan Manufaktur yang Listing di Bursa Efek Indonesia

Abstract

This paper investigates the determinants of the cash holding of the manufactured company that listed in Indonesia Stock Exchange from 2014 to 2016. This research used secondary data. By using purposive sampling method was selected sample of 62 firms (186 observations) over three years. The analysis used is multiple linear regression. The results show that cash flow has positive effects on cash holding, while dividend payment and cash conversion cycle do not affect the cash holding.