Pengaruh working capital management terhadap cash holding pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI).

DETAIL KOLEKSI

Pengaruh working capital management terhadap cash holding pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI).

5.0

Oleh : Widhi Tri Kusumadewi

Info Katalog

Nomor Panggil : 022001714004

Penerbit : FEB - Usakti

Kota Terbit : Jakarta

Tahun Terbit : 2020

Pembimbing 1 : Wulansari

Subyek : Finance - Accounting;Manufactures - Management

Kata Kunci : cash conversion cycle, cash flow ratio, cash holdings, financial leverage, firm size, sales growth,

Status Posting : Published

Status : Lengkap

File Repositori

No.	Nama File	Hal.
1.	2020_TA_MJ_022001714004_Halaman-Judul.pdf
2.	2020_TA_MJ_022001714004_Bab-1.pdf	7
3.	2020_TA_MJ_022001714004_Bab-2.pdf	9
4.	2020_TA_MJ_022001714004_Bab-3.pdf
5.	2020_TA_MJ_022001714004_Bab-4.pdf
6.	2020_TA_MJ_022001714004_Bab-5.pdf
7.	2020_TA_MJ_022001714004_Daftar-Pustaka.pdf
8.	2020_TA_MJ_022001714004_Lampiran.pdf

Abstrak
Abstract

P enelitian ini bertujuan untuk menguji pengaruh working capital managementterhadap cash holdings. Variabel dependen yang digunakan dalam penelitian ini adalahcash holdings. Variabel independen dalam penelitian ini adalah working capitalmanagement. Sedangkan variabel control dalam penelitian ini yaitu, financialleverage, cash conversion cycle, firm size, sales growth dan cash flow ratio. Sampelyang digunakan sebanyak 62 perusahaan yang bergerak dalam industri manufakturyang terdaftar di Bursa Efek Indonesia dari 2013-2018. Jenis data yang digunakanberupa data sekunder. Teknik pengambilan sampel yang digunakan adalah purposivesampling method. Metode analisis data yang digunakan adalah regresi data panel. Darihasil penelitian menunjukkan terdapat pengaruh negatif antara cash conversion cycleterhadap cash holdings, sedangkan working capital management, financial leverage,dan cash flow ratio berpengaruh positif. Namun, tidak terdapat pengaruh firm size dansales growth terhadap cash holdings. Perusahaan industri manufaktur dapat menjagatingkat cash holding yang tepat dengan cara mengelola working capital, mengelolatingkat hutang, mempersingkat cash conversion cycle, dan meningkatkan cash flow rasio perusahaan. Diharapkan investor dapat memperhatikan faktor-faktor yang dapatmenentukan tingkat cash holding perusahaan seperti working capital management,cash conversion cycle, financial leverage, firm size dan cash flow ratio.

T he purpose of this research is for testing influence on working capital managementabout cash holdings. Dependen variabel which is used for this research is cashholdings. Independen variabel in this research is working capital management. Whilethe control variabel in this research is cash conversion cycle, financial leverage, firmsize, sales growth dan cash flow ratio. The sampel are 62 firms on manufacturingindustry listed in Indonesian Stock Exchange from 2013 to 2018. Purposive samplingmethode is used to get this number of sampels. The results of the study show that thereis a negative influence between cash conversion cycle on cash holdings, while workingcapital management, financial leverage and cash flow ratio has a positive effect.However, there is no influence between firm size and sales growth on cash holdings.Manufacturing industry companies can maintain the right level of cash holdings bymanaging working capital, managing debt levels, shortening the cash conversioncycle, and increasing company cash flow ratio. And it is expected that investors can consider the factors that can determine cash holding such as working capitalmanagement, cash conversions cycle, financial leverage, firm size and cash flow ratio.