Pengaruh Firm Size, Leverage, dan Growth Opportunity Terhadap Cash Holding pada Perusahaan Sub Sektor Food and Beverage yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

Abstract

This study aims to determine and analyze the effect of Firm Size, Leverage, Growth Opportunity on the Cash Holding in the food and beverage industry subsector listed on the Indonesia Stock Exchange for the 2018-2022 period. This research is associative with a quantitative approach and the type of data used is secondary data obtained from financial statements published on the Indonesia Stock Exchange (www.idx.co.id) website and related company websites. The population in this study is companies in the food and beverage industry sub-sector listed on the Indonesia Stock Exchange for the 2017-2020 period, amounting to 18 companies and the entire population is sampled in this study. The analysis technique used is a multiple linear analysis technique of panel data with a Fixed Effect Model approach. The results of this study show that Firm Size has a positive and significant effect on the Cash Holding, Leverage has a negative and significant effect on the Cash Holding, and Growth Opportunity has a negative and insignificant effect on the Cash Holding.