PENGARUH LIKUIDITAS, CASH FLOW, GROWTH OPPORTUNITY, DAN NET WORK CAPITAL TERHADAP CASH HOLDING (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Sub Sektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Tahun 2017- 2021)
Keywords:
liquidity, cash flow, growth opportunity, net working capital, cash holdingAbstract
The purpose of this study is to provide empirical evidence regarding the effect of liquidity, cash flow, growth opportunities, and net working capital on cash holdings. The sampling technique in this study used purposive sampling. The object used in this study is a food and beverage sub-sector company that has complete financial report data and is presented in the rupiah currency. The samples used in this study were 190 financial report data or 38 companies in the food and beverage sub-sector. The method used in this research is descriptive and verification method. The data analysis technique in this study used panel data regression analysis. Based on the results of research using Eviews 9 software, the results of the f-test show that liquidity, cash flow, growth opportunities, and net working capital simultaneously affect cash holdings. And the results of the t (partial) test show that liquidity, cash flow, growth opportunities, and net working capital have a significant positive effect on cash holdings.
Keywords: liquidity, cash flow, growth opportunity, and net working capital, cash holding.
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