Cash Holdings and Financial Constraints: Evidence from the Indonesia Stock Exchange

Kristianti, Rina Adi (2014) Cash Holdings and Financial Constraints: Evidence from the Indonesia Stock Exchange. Karya Ilmiah Dosen. pp. 110-120. ISSN 2251-1997

[img]
Preview
Text
2246-4864-1-SM.pdf - Published Version

Download (2MB) | Preview

Abstract

This research attempts to investigate the factors thatinfluence the level of liquidity of financially constrainedfirms, among others cash flow from operating, investing andfinancing activities, capital expenditures, short term debt,net working capital and rights issue. This research usespopulation of food and beverages companies during periodsof 2002 - 2011 using the purposive sampling technique. Theresults of this research are cash flow from operating,investing and financing activities, capital expenditures andrights issue have influence on cash holdings of financiallyconstrained firms. Cash flow from financing activities, shortterm debt and net working capital have influence on cashholdings of financially constrained firms with highinvestment opportunities category. Cash flow fromoperating and financing activities, capital expenditures andrights issue have influence on cash holdings of financiallyconstrained firms with low investment opportunitiescategory.

Item Type: Article
Subjects: Penelitian > Fakultas Ekonomi
Divisions: Fakultas Ekonomi > Akuntansi
Fakultas Ekonomi > Manajemen
Depositing User: Puskom untar untar
Date Deposited: 07 Apr 2017 08:53
Last Modified: 07 Apr 2017 08:53
URI: http://repository.untar.ac.id/id/eprint/348

Actions (login required)

View Item View Item