Determinant of Cash Holding in Indonesia
Determinant of Cash Holding in Indonesia
Author(s): Wirawan Widjanarko, Adler Haymans Manurung, Nera Marinda Machdar, Gerry Juan Carlos Manurung, Ch. Indra W. P. HatibieSubject(s): National Economy, Financial Markets, Socio-Economic Research
Published by: Transnational Press London
Keywords: Cash Holding; Operational Cost; Account Payable; Account Receivable; Gross Margin;
Summary/Abstract: This paper has objective to explore determinant of Cash Holding in Emerging Market. Variable is used to determine cash holding which is Gross Profit Margin, Accounts Receivable and Account Payable, Operational Cost, Exchange Rate and COVID-19. This paper used panel data Model to estimate relationship among variable. Research period is from 2016 to 2023 and 15 Companies. The results found that Gross Profit Margin, Accounts Receivable and Account Payable and COVID-19 significantly affect cash holding.
Journal: Journal of Ecohumanism
- Issue Year: 4/2025
- Issue No: 2
- Page Range: 14-22
- Page Count: 9
- Language: English
