DETERMINANTS OF CASH HOLDINGS: EVIDENCE FROM MANUFACTURING COMPANIES LISTED ON IDX FOR THE PERIOD OF 2012-2017 | ELECTRONIC THESES AND DISSERTATION

Electronic Theses and Dissertation

Universitas Syiah Kuala

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DETERMINANTS OF CASH HOLDINGS: EVIDENCE FROM MANUFACTURING COMPANIES LISTED ON IDX FOR THE PERIOD OF 2012-2017


Pengarang

MUHAMMAD ATHA UMRY - Personal Name;

Dosen Pembimbing



Nomor Pokok Mahasiswa

1401103010134

Fakultas & Prodi

Fakultas Ekonomi dan Bisnis / Akuntansi (S1) / PDDIKTI : 62201

Penerbit

Banda Aceh : FAKULTAS EKONOMI BISNIS UNIVERSITAS SYIAH KUALA., 2018

Bahasa

Indonesia

No Classification

1

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This research aims to investigate the influence of debt maturity structure and probability of financial distress towards corporate cash holdings. Cash holdings was measured using ratio of cash and cash equivalent to total assets. This research take manufacturing companies which are listed on Indonesian Stock Exchange (IDX) for the period of 2012-2017 as research sample. Purposive sampling technique was applied to select the sample of this research and 106 companies were chosen for total of 636 data observation. Multiple linear regression was applied to test the hypotheses testing in this research. The result of this research revealed that all independent variables are simultaneously influence the dependent variable. Partially, both of debt maturity structure and probability of financial distress significantly influence corporate cash holdings.

Keywords: Cash Holdings, Debt Maturity Structure, Probability of Financial Distress.

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