Analisis Faktor – Faktor yang Mempengaruhi Nilai Cash Holding Pada Perusahaan Sektor Industri Konsumsi yang Terdaftar di BEI

Mhd. Hafiz Maulana; Monica  Cheria; Connie  Halim; Wilfrida Windra Sari  Gea; H.Adam  Afiezan

doi:10.33395/owner.v6i1.526

Authors

Mhd. Hafiz Maulana Universitas Prima Indonesia
Monica Cheria Universitas Prima Indonesia
Connie Halim Universitas Prima Indonesia
Wilfrida Windra Sari Gea Universitas Prima Indonesia
H.Adam Afiezan Universitas Prima Indonesia

DOI:

10.33395/owner.v6i1.526

Abstract

The consumption industry is a type of business that is developing quite rapidly in Indonesia which results in quite tight competition in the business industry in Indonesia so that it requires business people to be able to run their business and maintain their existence. This study intends to examine the effect of cash flow, growth opportunity, leverage, net profit/loss on cash holding in consumption industry companies listed on the Indonesia Stock Exchange for the 2017-2019 period. The research uses descriptive quantitative methods. The data used is secondary data obtained from the IDX through the https://www.idx.co.id site and obtained a sample of 36 companies that meet the criteria. The data analysis techniques used are: classical assumption test, multiple linear regression and hypothesis testing which includes t test and f test. The conclusion obtained from this study is that cash flow has a positive and significant effect on cash holding, leverage has a negative and significant effect on cash holding, growth opportunity, and net profit/loss has no and no significant effect on cash holding. Based on the coefficient of determination test, it was found that the dependent variable in this study was influenced by all independent variables as much as 34.7% and the remaining 65.3% was influenced by other variables apart from this study

Downloads

Download data is not yet available.

Plum-X Analityc

References

Alicia, R., Putra, J., Fortuna, W., Felin, F., & Purba, M. I. (2020). Pengaruh Growth Opportunity, Leverage dan Firm Size terhadap Cash Holding Perusahaan Properti dan Real Estate. Owner (Riset Dan Jurnal Akuntansi), 4(2), 322. https://doi.org/10.33395/owner.v4i2.219

Andika, M. S. (2017). Analisis Pengaruh Cash Convertion Cycle, Leverage, Net Working Capital, dan Growth Opportunity Terhadap Cash Holdings Perusahaan (Studi Kasus Pada Perusahaan Industri Barang Konsumsi di Bursa Efek Indonesia Periode 2010 - 2015). JOM Fekon, 4(1), 1479–1493.

Angelia, M., & Dwimulyani, S. (2019). Profitability, Leverage Dan Firm Size Mempengaruhi Cash Holding Dengan Tax Avoidance Sebagai Variabel Intervening. Jurnal Sosial Dan Humaniora, 2(46), 1–11.

Dwitama, F. (2017). Analisis Pengaruh Leverage,Cash conversion cycle,Cash flow terhadap cash holding perusahaan. Jurnal Manajemen.

Ghozali, I. (2016). Aplikasi Analisis Multivariate Dengan Program IBM SPSS 23 (8th ed.). Semarang: Badan Penerbit Universitas Diponegoro.

Gunawan, R. (2016). PENGARUH GROWTH OPPORTUNITY, NET WORKING CAPITAL DAN CASH FLOW TERHADAP CASH HOLDING. Jurnal Akuntansi, 4(1).

Hantono. (2017). Konsep Analisa Laporan Keuangan dengan Pendekatan Rasio dan SPSS. Yogyakarta: Deepublish.

Hasana, E. R. (2019). ANALISIS PENGARUH CASH CONVERSION CYCLE, MODAL KERJA BERSIH, GROWTH OPPORTUNITY DAN CAPITAL EXPENDITURE TERHADAP CASH HOLDING ARTIKEL. Jurnal Akuntansi.

Hengsaputri, J. A., & Bangun, N. (2020). Pengaruh Growth Opportunity, Net Working Capital dan Cash Flow Terhadap Cash Holding. Jurnal Multparadigma Akuntansi Tarumanegara, 2(1), 1343–1352.

Humendru, A., & Pangaribuan, J. (2018). Faktor-Faktor Yang Mempengaruhi Kebijakan Cash Holding. 4(1), 1–22.

Kariyoto. (2018). Manajemen Keuangan: Konsep dan Implementasi. Malang: UB Press.

Kartikahardi, H., Sinaga, U. ., Wahyuni, T. e, Siregar, V. S., & Syamsul, M. (2017). PSAK No.2 Akuntansi Keuangan tentang Laporan Arus Kas. Ikatan Akuntansi Indonesia.

Maya Sari, D., & Ardian, A. (2019). Cash Holding, Cash Flow dan Profitability: Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Jurnal Dinamika Akuntansi Dan Bisnis, 6(1), 29–38. https://doi.org/10.24815/jdab.v6i1.12142

Powell, G. E. (2018). The financial determinants of corporate cash holdings for Indonesian firms. Academy of Accounting and Financial Studies Journal, 22(1).

Saputri, E., & Kuswardono, A. (2019). Pengaruh Profitabilitas, Leverage, Firm Size, dan Growth Opportunity Terhadap Cash Holding Perusahaan (Studi Kasus Perusahaan Manufaktur yang Terdaftar Pada Bursa Efek Indonesia Periode Tahun 2013-2017). Management, and Industry (JEMI), 2(2), 91–104.

Sari, V. P., & Hastuti, R. T. (2020). Pengaruh Net Working Capital, Leverage,Growth Opportunity, dan Profitabilitas Terhadap Cash Holding. Jurnal Multiparadigma Akuntansi Tarumanagara, 2, 1559–1567.

Sethi, M., & Swain, R. K. (2019). Determinants of Cash Holdings: A Study of Manufacturing Firms in India. International Journal of Management Studies, VI(2(2)), 11. https://doi.org/10.18843/ijms/v6i2(2)/02

Shabbir, M., Haider Hashmi, S., & Mujtaba Chaudhary, G. (2016). Determinants of corporate cash holdings in Pakistan. International Journal of Organizational Leadership, 5(1), 50–62. https://doi.org/10.33844/ijol.2016.60263

Silaban, P., & Siahaan, R. (2016). Manajemen Keuangan Teori dan Aplikasi. Medan: Universitas HKBP Nomensen.

Simanjuntak, F. S., & Wahyudi, A. S. (2020). Faktor- Faktor Yang Mempengaruhi Cash Holding. Jurnal Riset Akuntansi, 12(1), 25–41. https://doi.org/10.34208/jba.v19i1a-1.138

Sugiyono. (2017). Metode Penelitian Kuantitatif Kualitatif dan R&D. Bandung: PT. Alfabeta.

Suherman, S. (2017). Faktor-Faktor Yang Mempengaruhi Cash Holdings Perusahaan Di Bursa Efek Indonesia. Jurnal Manajemen, 21(3), 336. https://doi.org/10.24912/jm.v21i3.255