The Effects of Liquidity, Company Growth, and Net Working Capital on Corporate Cash Holding Among Manufacturing Companies Listed in Indonesia Stock Exchange During 2015 - 2020

DOI

10.2991/aebmr.k.220501.009How to use a DOI?

Keywords

Liquidity; Growth; Net Working Capital; Corporate Cash Holding

Abstract

Cash is a current asset used as a mean of payment and can also be withdrawn whenever the company needs it. Therefore, we need to pay attention to the cash management of the company, by optimizing the amount of cash managed. The purpose of this study was to examine the effects of liquidity, company growth, and net working capital on corporate cash holding among manufacturing companies listed in the Indonesia Stock Exchange (IDX). The data in this study was analysed using panel data regression analysis consisting of 35 companies for the 2015-2020 period. This study used the purposive-sampling technique. The data used was in the form of secondary data, namely financial statements. Data was processed using EViews application version 11. This study reveals that Liquidity has a negative but insignificant effect on Cash Holding. Meanwhile, Assets Growth and Net Working Capital (partially) positively and significantly affect Cash Holding.

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  - I Gede Adiputra
AU  - Nataherwin Nataherwin
PY  - 2022
DA  - 2022/05/11
TI  - The Effects of Liquidity, Company Growth, and Net Working Capital on Corporate Cash Holding Among Manufacturing Companies Listed in Indonesia Stock Exchange During 2015 - 2020
BT  - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
PB  - Atlantis Press
SP  - 49
EP  - 55
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220501.009
DO  - 10.2991/aebmr.k.220501.009
ID  - Adiputra2022
ER  -