Firm Life Cycle and Cash Policy

This study aims to examine how the stages of company's life cycle affect cash policy. focuses on firm's which includes introduction, growth, maturity and shakeout against policies adopted by company. research is considered important because policy influenced company characteristics, namely in determination based flow from operating, investing, financing activities. uses panel data regression with a sample companies selected are manufacturing listed Indonesia Stock Exchange an observation period 2014-2019. By using 90 companies, results prove that has large enough balance when mature stages, while introduction growth do not will be greater or less