Factors affecting company’s cash holding

DOI

10.2991/insyma-19.2019.7How to use a DOI?

Keywords

cash holding, net working capital, cash flow, capital expenditure, leverage

Abstract

This study aims to analyze the factors affecting several companies’ cash holdings. Some of the factors were net working capital (NWC), cash flow, capital expenditure, leverage, and market-to-book. The samples used in this study were 318 non-financial companies listed in the IDX in 2013-2017. The approach used was a quanti-tative approach with the linear regression method. The result of the study was that net working capital (NWC), capital expenditure, and leverage had a negative significant effect on cash holding. On the other hand, cash flow had a positive significant effect on cash holding, and market-to-book did not have any effect on cash holding.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Arif Herlambang
AU  - Werner R. Murhadi
AU  - Devia Cendrati
PY  - 2019/03
DA  - 2019/03
TI  - Factors affecting company’s cash holding
BT  - Proceedings of the 16th International Symposium on Management (INSYMA 2019)
PB  - Atlantis Press
SP  - 24
EP  - 27
SN  - 2352-5398
UR  - https://doi.org/10.2991/insyma-19.2019.7
DO  - 10.2991/insyma-19.2019.7
ID  - Herlambang2019/03
ER  -