The Effect of Growth Opportunity, Net Working Capital and Leverage on Cash Holding

Angelika Agustina Silaban; Benarda

doi:10.55927/fjsr.v2i9.5573

Authors

Angelika Agustina Silaban Universitas Pamulang
Benarda Universitas Pamulang

DOI:

https://doi.org/10.55927/fjsr.v2i9.5573

Keywords:

Growth Opportunity, Net Working Capital, Leverage, Cash Holding

Abstract

The purpose of this study is to determine the effect of Growth Opportunity, Net Working Capital, and Leverage on Cash Holding in the Real Estate Property Sector Listed on the Indonesia Stock Exchange (IDX). Companies in the property and real estate sector listed on the Indonesia Stock Exchange from 2017 to 2021 are the study population. In this study, 180 samples from 36 companies were sampled using purposive sampling method and observed for 5 years. In this study, this type of research used a quantitative approach using multiple linear regression analysis techniques using the e-views application 9. The results showed that simultaneously growth opportunity, net working capital and leverage have an effect on cash holdings. Partially, growth opportunity has no effect on cash holding, while net working capital and leverage have an effect on cash holding

Downloads

Download data is not yet available.

References

Chandra, E. A. (2022). Faktor-Faktor yang Mempengaruhi Cash Holding pada Perusahaan Manufaktur. Jurnal Ekonomi, 27(03), 302-317.

Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of financial economics, 3(4), 305-360.

Jovanca, N., & Viriany, H. W. (2020). Faktor Yang Mempengaruhi Cash Holding pada Perusahaan Manufaktur Yang Terdaftar di BEI. Jurnal Paradigma Akuntansi, 2(3), 944-953.

Kusumawati, S., Titisari, K. H., & Nurlaela, S. (2020). Determinan Cash Holding pada Perusahaan Property dan Real Estate di Bursa Efek Indonesia. Jurnal Penelitian Ekonomi dan Akuntansi (JPENSI), 5(1), 62-77.

Modigliani, F., & Miller, M. H. (1963). Corporate income taxes and the cost of capital: a correction. The American economic review, 53(3), 433-443.

Nofryanti. (2014). Pengaruh Net Working Capital,.Growth.Opportunity.dan Leverage terhadap Cash Holding. Jurnal Ilmiah Akuntansi, 2(4), 476-496.

Sari, D. A., & Rosini, I. (2014). Pengaruh Leverage Dan Karakteristik Perusahaan Terhadap Audit Delay (Studi Kasus Pada PT. XYZ). Jurnal Ilmiah Akuntansi Universitas Pamulang, 2(4), 497-521.

Sari, S. P., & Lestari, W. R. (2015). Analisis Dampak Pengumuman Deviden Terhadap Reaksi pasar (Study Pada Perusahaan indeks LQ 45). Jurnal Manajemen Magister Darmajaya, 1(02), 168-185.

Saputri, S. W., Oktavianna, R., & Benarda, B. (2022). Pengaruh Kinerja Keuangan, Kebijakan Dividen dan Kebijakan Hutang Terhadap Nilai Perusahaan. Jurnal Akuntansi Barelang, 7(1), 50-63.

Septiani, E., Holiawati, H., & Ruhiyat, E. (2019). Environmental Performance, Intellectual Capital, Praktik Penghindaran Pajak dan Nilai Perusahaan. Jurnal Bisnis Dan Akuntansi, 21(1), 61-70.

Sugiyono. (2018). Metode Penelitian Kuantitatif, Kualitatif dan R & D. Alfabeta.

William, W., & Fauzi, S. (2013). Analisis Pengaruh Growth Opportunity, Net Working Capital, Dan Cash Conversion Cycle Terhadap Cash Holdings Perusahaan Sektor Pertambangan. Ekonomi Dan Keuangan, 1(2).

Wiradharma, I. G., Pusparini, H., & Karim, N. K. (2017). Analysis Of Growth Opportunity, Net Working Capital, Leverage, And Cash Conversion Cycle Influence On Cash Holdings Of Companies From Food And Drink Sub Sector In Indonesia Stock Excange. Journal of Accounting Research, 16(1).

Yanti, M. I., & Wati, E. (2018). Analisis Faktor-Faktor yang Berpengaruh Terhadap Cash Holdings. Global Financial Accounting Journal, 2(2), 32-40.