DETERMINANTS OF CORPORATE CASH HOLDINGS – EVIDENCE FROM INDONESIAN MANUFACTURING COMPANIES
DETERMINANTS OF CORPORATE CASH HOLDINGS – EVIDENCE FROM INDONESIAN MANUFACTURING COMPANIES
Author(s): Muhamad Arfan, A Hafidhah, Heru FAHLEVISubject(s): Economy
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: Dividend Payments; Profitability; Liquidity; Firm Size; Cash Holdings
Summary/Abstract: This study is aimed at examining the influence of dividend payments, profitability, liquidity, and firm size for cash holdings in Indonesian manufacturing companies. A total of 32 companies were selected during the observation period between 2010 and 2014 (or 160 observations). Data was analysed by using multiple linear regression. This study found that dividend payments, profitability, liquidity, and firm size both collectively and individually determine cash holdings of the studied manufacturing companies. Therefore, the results are consistent with previous research findings, although it was carry out in a single industry and in a developing country.
Journal: Journal of Academic Research in Economics (JARE)
- Issue Year: 9/2017
- Issue No: 1
- Page Range: 55-66
- Page Count: 12
- Language: English
- Content File-PDF