CASH-DRIVEN RESILIENCE SAAT PANDEMI COVID-19 DAN FAKTOR YANG MEMPENGARUHI CASH HOLDINGS

TROI, TANIA LILIANI (2021) CASH-DRIVEN RESILIENCE SAAT PANDEMI COVID-19 DAN FAKTOR YANG MEMPENGARUHI CASH HOLDINGS. Skripsi thesis, Universitas Tarumanagara.

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Abstract

Tujuan dari penelitian ini adalah untuk mendapatkan bukti secara empiris mengenai perbedaan cash-driven resilience pada periode normal (2018), periode sebelum pandemi COVID-19 (2019), dan periode saat pandemi COVID-19 (2020); perbedaan financial performance (return on asset, operating profit margin, dan productivity of asset) dan financial constraints (liquidity dan leverage) pada cash-driven resilience. Serta pengaruh financial performance, financial constraints, dan size terhadap cash holdings dari perusahaan manufaktur. Penelitian ini menggunakan teknik purposive sampling dengan 86 perusahaan, yaitu perusahaan yang terdaftar pada Bursa Efek Indonesia pada periode 2018-2020. Pengujian hipotesis dilakukan dengan uji nonparametrik dan uji regresi data panel. Penelitian ini dilakukan dengan mengolah data menggunakan aplikasi IBM SPSS 26 dan Eviews 12. Hasil penelitian ini menunjukkan terdapat perbedaan signifikan cash-driven resilience pada periode normal (2018), periode sebelum pandemi COVID-19 (2019), dan periode saat pandemi COVID-19 (2020); perbedaan signifikan return on asset, profit margin, liquidity, dan leverage pada cash-driven resilience; tidak terdapat perbedaan signifikan productivity of asset pada cash driven resilience; return on asset berpengaruh positif signifikan terhadap cash holdings secara individual; dan tidak ditemukan pengaruh signifikan profit margin, productivity of asset, liquidity, leverage, dan size terhadap cash holdings secara individual. Kata kunci: Cash-Driven Resilience, Cash Holdings, Financial Performance, Financial Constraints, Size The purpose of this study was to obtain empirical evidence regarding differences in cash-driven resilience in the normal period (2018), the period before the COVID-19 pandemic (2019), and the period during the COVID-19 pandemic (2020); differences in financial performance (return on assets, operating profit margins, and asset productivity) and financial constraints (liquidity and leverage) on cashbased resilience. As well as the effect of financial performance, financial constraints, and size on cash holdings of manufacturing companies. This study uses a purposive sampling technique with 86 companies, namely companies listed on the Indonesia Stock Exchange in the 2018-2020 period. Hypothesis testing is done by non- parametric test and panel data regression test. This research was conducted by processing data using the IBM SPSS 26 and Eviews 12 applications. The results of this study indicate a significant difference in cash-driven resilience in the normal period (2018), the period before the COVID-19 pandemic (2019), and the period during the COVID-19 pandemic. (2020); significant differences in return on assets, profit margins, liquidity, and leverage on cash-driven resilience; there is no significant difference in asset productivity on cash-driven resilience; return on assets has a significant positive effect on cash holdings; and found no significant effect of profit margin, asset productivity, liquidity, leverage, and size on cash holdings. Keywords: Cash-Driven Resilience, Cash Holdings, Financial Performance, Financial Constraints, Size

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 08:51
Last Modified: 08 Aug 2023 03:36
URI: http://repository.untar.ac.id/id/eprint/35796

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