Pengaruh Arus Kas, Modal Kerja Bersih, Ukuran Perusahaan, Profitabilitas dan Kepemilikan Institusional Terhadap Cash Holdings pada Sektor Transportasi dan Logistik yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

Abstract

This research aims to determine the effect of Cash Flow, Net Working Capital, Firm Size, Profitability and Institutional Ownership on Cash Holdings in transportation and logistics sector listed in Indonesia Stock Exchange in 2018-2022. This research uses secondary data obtained from financial report published by the Indonesia Stock Exchange and the websites of each company. The population for this research is 30 companies and for the sampling method, purposive sampling is used. The sample of this research is 21 companies with 5 years of observation that there are 105 units of analysis. This research is analyzed using multiple regression analysis uses IBM SPSS Version 27 software. This research show that cash flow, net working capital, firm size, profitability and institutional ownership simultaneously have effect on cash holdings. Partially, this research show that cash flow, net working capital and institutional ownership have a positive effect on cash holdings. Meanwhile, firm size and profitability have not effect on cash holdings.