GROWTH OPPORTUNITY, NET WORKING CAPITAL AND INVESTMENT OPPORTUNITY SET TO CASH HOLDING: WHOSALE TRADING COMPANY
Keywords:
Growth Opportunity, Net Working Capital, Investment Opportunity Set, Cash Holding
Abstract
This study aims to determine the effect of growth opportunity, investment opportunity set, net working capital, and cash conversion cycle on cash holding in wholesale trading companies for the period 2020-2021. The sample in this study was obtained by using purposive sampling method. Based on the criteria that have been determined there are 36 companies that become the research sample. The data used in this study uses secondary data in the form of financial statements obtained from the IDX website. The data analysis technique used is hypothesis testing and multiple linear regression analysis. The results of the hypothesis test show that the growth opportunity variable and the net working capital variable have a significant effect on cash holding. Investment opportunity set has no significant effect on cash holding.
References
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Tanjung, M. A., Alfira, Rasita, Alvina, J., & Khorico, C. (2021). Debt to Asset Ratio , Growth Opportunity dan Cash Flow Terhadap Cash Holding pada Perusahaan Consumer Goods. Jurnal Penelitian Dan Pengembangan Sains Dan Humaniora, 5(2), 288–294.
Wulandari, E. A., & Setiawan, M. A. (2019). Pengaruh Growth Opportunity, Net Working Capital, Cash Conversion Cycle Dan Dividend Payout Terhadap Cash Holding. Jurnal Eksplorasi Akuntansi, 1(3), 1259–1274. https://doi.org/10.24036/jea.v1i3.141
Alicia, R., Fortuna, W., Putra, J., Felin, & Purba, M. I. (2020). Pengaruh Growth Opportunity , Leverage dan Firm Size terhadap Cash Holding Perusahaan Properti dan Real Estate. Riset Dan Jurnal Akuntansi, 4, 322–329.
Aspasia, D. B. A., & Arfianto, E. D. (2021). Analisis Pengaruh Firm Size , Growth Opportunity , Firm Age , Leverage , Dan Non-Cash Net Working Capital Terhadap Cash Holding ( Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2016-2019 ). Jurnal of Management, 10, 1–9.
Darmawan, K., & Nugroho, V. (2021). Pengaruh Profitabilitas , Firm Size , Leverage , Dan Net Working Capital Terhadap Cash Holding. Jurnal Ekonomi, November, 564–580.
Gunawan, A., & Oktaviani, T. (2021). Pengaruh Ios, Capital Expenditure Dan Cash Conversion Cycle Terhadap Cash Holding Pada Sektor Industri Dasar & Kimia Di Bei 2015-2019. Jurnal Indonesia Sosial Sains, 2(5), 681–694.
Hengsaputri, J. A., & Bangun, N. (2020). Pengaruh Growth Opportunity, Net Working Capital dan Capital. Jurnal Multiparadigma Akuntansi Tarumanagara, 2(2020), 1343–1352.
Horne, J. C. van, & Wachowicz, J. M. (2012). Prinsip-Prinsip Manajemen Keuangan Fundamentals of Financial Management Edisi 13 Buku 1. Salemba Empat.
Juardi, Mujiani, S., Silfianah, N., & Sari, S. N. (2021). Pengaruh Cash Conversion Cycle , Net Working Capital Terhadap Cash Holding ( Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019 ). Jurnal Vokasi Administrasi Bisnis, 3(1), 51–66.
Lin, A., Dena, T., & Salim, S. (2021). Pengaruh Leverage , Capital Expenditure , Dan Net Working Capital Terhadap Cash Holding Perusahaan. Jurnal Multiparadigma Akuntansi, III(2), 515–522.
Maghfiroh, A. R., Diana, N., & Junaidi. (2022). Pengaruh Growth Opportunity, Leverage, Firm Size, Net Working Capital And Investment Opportunity Set Terhadap Cash Holding Pada Perusahaan Manufaktur Yang Terdaftar Di BEI. E-JRA, 11(11).
Marfuah, & Zuhilmi, A. (2015). Pengaruh growth opportunity, net working capital, cash coversion cycle dan leverage terhadap cash holding. Journal Management System.
Martini, D. (2012). Akuntansi Keuangan Menengah Berbasis PSAK. Salemba Empat.
Maxentia, J., Tarigan, M. ukur, & Verawati. (2022). Pengaruh Leverage , Profitability , Growth Opportunity dan Liquidity Terhadap Cash holding. Jurnal Ekonomi, 338–357.
Maya Sari, D., & Ardian, A. (2019). Cash Holding, Cash Flow dan Profitability: Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia. Jurnal Dinamika Akuntansi Dan Bisnis, 6(1), 29–38. https://doi.org/10.24815/jdab.v6i1.12142
Monica, A., & Suhendah, R. (2020). Pengaruh Firm Size , Leverage , Dan Investment Opportunity Terhadap Cash Holding. Jurnal Multiparadigma Akuntansi Tarumanagara, 2(1), 176–185.
Najema, & Asma, R. (2019). Analisis Pengaruh Current Asset, Capital Expenditure, Cash Conversion Cycle, Cash Flow, Leverage, Market To Book Value Dan Net Working Capital Terhadap Cash Holdings Pada Sektor Industri Barang Konsumsi Di Bei. Jurnal Sains Manajemen Dan Kewirausahaan, 3(1).
Rosyidah, E. H., & Santoso, B. H. (2018). Pengaruh IOS, NWC, CCC, Dan GO Terhadap Cash Holding Perusahaan Industri Konsumsi. Jurnal Ilmu Dan Riset Manajemen, 7.
Saputri, E., & Kuswardono, A. (2019). Pengaruh Profitabilitas, Leverage, Firm Size, dan Growth Opportunity Terhadap Cash Holding Perusahaan (Studi Kasus Perusahaan Manufaktur yang Terdaftar Pada Bursa Efek Indonesia Periode Tahun 2013-2017) Erdian. Journal of Entrepreneurship, Management, and Industry (JEMI), 2(2), 91–104.
Sari, V. P., & Hastuti, R. T. (2020). Pengaruh Net Working Capital , Leverage , Growth Opportunity , Dan Profitability Terhadap Cash Holding. Jurnal Multiparadigma Akuntansi Tarumanagara, 2, 1559–1567.
Setyaningrum, N., & Setiawati, E. (2021). Pengaruh Growth Opportunity , Net Working Capital , Cash Conversion Cycle Dan Dividend Payout Terhadap Cash Holding ( Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Tahun 2015-2018 ). 548–557.
Tanjung, M. A., Alfira, Rasita, Alvina, J., & Khorico, C. (2021). Debt to Asset Ratio , Growth Opportunity dan Cash Flow Terhadap Cash Holding pada Perusahaan Consumer Goods. Jurnal Penelitian Dan Pengembangan Sains Dan Humaniora, 5(2), 288–294.
Wulandari, E. A., & Setiawan, M. A. (2019). Pengaruh Growth Opportunity, Net Working Capital, Cash Conversion Cycle Dan Dividend Payout Terhadap Cash Holding. Jurnal Eksplorasi Akuntansi, 1(3), 1259–1274. https://doi.org/10.24036/jea.v1i3.141
Published
2022-12-19
How to Cite
Avinda, W., & Andarsari, P. R. (2022). GROWTH OPPORTUNITY, NET WORKING CAPITAL AND INVESTMENT OPPORTUNITY SET TO CASH HOLDING: WHOSALE TRADING COMPANY. Ecosia International Conference, 391-400. https://doi.org/10.32815/ecosia.vi.38
Section
Articles
Copyright (c) 2022 Wildania Avinda, Pipit Rosita Andarsari
This work is licensed under a Creative Commons Attribution 4.0 International License.
