PENGARUH LEVERAGE, PROFITABILITY, FIRM SIZE, CASH FLOW VOLATILITY, DAN INVESTMENT OPPORTUNITY TERHADAP CASH HOLDING PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2017-2020

STEFANI, STEFANI (2021) PENGARUH LEVERAGE, PROFITABILITY, FIRM SIZE, CASH FLOW VOLATILITY, DAN INVESTMENT OPPORTUNITY TERHADAP CASH HOLDING PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2017-2020. Skripsi thesis, Universitas Tarumanagara.

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Abstract

The cash holding policy of each company is different from one another. Many factors can influence it. The purpose of this study is to see empirical evidence regarding the effect of leverage, profitability, firm size, cash flow volatility, and investment opportunity on cash held in manufacturing companies listed in the Indonesia Stock Exchange (IDX) in 2017-2020. This research is quantitative with multiple linear regression analysis. The number of samples obtained from the purposive sampling method is 45 companies. The data is obtained from the financial statements of manufacturing companies for 2017-2020 which are listed in the Indonesia Stock Exchange (IDX) website. Furthermore, the data was processed and analyzed with the help of EViews version 10 software. The results showed that leverage had a significant negative effect on cash holding, profitability had a significant positive effect on cash holding, firm size and investment opportunity showed a positive but not significant effect on cash holding, and cash flow volatility shows a negative but not significant effect on cash holding. Keywords: cash holding, leverage, profitability, firm size, cash flow volatility, investment opportunity Kebijakan cash holding setiap perusahaan berbeda satu sama lain. Banyak faktor yang dapat mempengaruhinya. Tujuan dilakukannya penelitian ini adalah untuk melihat bukti empiris mengenai pengaruh leverage, profitability, firm size, cash flow volatility, dan investment opportunity terhadap kas yang dipegang dalam perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2017-2020. Penelitian ini bersifat kuantitatif dengan analisis regresi linear berganda. Jumlah sampel yang diperoleh dari metode purposive sampling adalah 45 perusahaan. Data didapat dari laporan keuangan perusahaan manufaktur tahun 2017-2020 yang terdaftar di website Bursa Efek Indonesia (BEI). Selanjutnya, data diolah dan dianalisis dengan bantuan software EViews versi 10. Hasil penelitian menunjukkan bahwa leverage memiliki pengaruh negatif signifikan terhadap cash holding, profitabiliy memiliki pengaruh positif signifikan terhadap cash holding, firm size dan investment opportunity menunjukkan pengaruh positif namun tidak signifikan terhadap cash holding, serta cash flow volatility menunjukkan pengaruh negatif namun tidak signifikan terhadap cash holding. Kata kunci: cash holding, leverage, profitability, firm size, cash flow volatility, investment opportunity

Item Type:	Thesis (Skripsi)
Subjects:	Skripsi/Tugas Akhir Skripsi/Tugas Akhir > Fakultas Ekonomi
Divisions:	Fakultas Ekonomi > Akuntansi
Depositing User:	FE Perpus
Date Deposited:	02 Jun 2022 06:37
Last Modified:	04 Aug 2023 07:40
URI:	http://repository.untar.ac.id/id/eprint/35784

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