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Cash Holding and Value of Indonesia Manufacturing Companies Listed in Indonesia Stock Exchange

( Vol-6,Issue-10,October 2019 ) OPEN ACCESS
Author(s):

Abdul Majid, Cepi Pahlevi, Abdul Rakhman Laba, Moeh. Sobarsyah

Keywords:

cash holding, firm value, manufacturing companies, and Indonesian Stock Exchanges.

Abstract:

The research aims at testing the association between cash holding and firm value. Population of research is manufacturing companies listed at Indonesian Stock Exchanges during period 2015-2018. Sample of research consist of 63 companies selected by using purposive sampling and using annual data. Data analyzed using simple linear regression model and using SPSS 20. The research result indicates that cash holding significantly has a negative effect on firm value.

ijaers doi crossref DOI:

10.22161/ijaers.610.29

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