Proceedings of the 16th International Symposium on Management (INSYMA 2019)

Factors affecting company’s cash holding

Authors
Arif Herlambang, Werner R. Murhadi, Devia Cendrati
Corresponding Author
Arif Herlambang
Available Online March 2019.
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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Volume Title
Proceedings of the 16th International Symposium on Management (INSYMA 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
March 2019
ISBN
978-94-6252-694-5
ISSN
2352-5398
DOI
10.2991/insyma-19.2019.7How to use a DOI?
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/).

Cite this article

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  -