Tujuan dari penelitian ini untuk mengetahui pengaruh net working capital, cash conversion cycle, leverage dan flow terhadap holding pada perusahaan industri dasar kimia yang terdaftar di Bursa Efek Indonesia (BEI). Periode waktu digunakan adalah 5 tahun yaitu periode 2016-2020. Populasi meliputi seluruh (BEI) Teknik pengambilan sampel menggunakan teknik purposive sampling. Berdasarkan kriteria ...

This study aims to investigate the impact of deviation from optimal level of cash holdings on adverse selection and moral hazard problems. The data set includes 106 listed firms of Tehran Stock Exchange during the period of 2005-2016 and both panel data and cross-sectional data multivariate regressions were utilized in different stage of analysis to test the hypotheses. According to the optimal...

Cash is an important means of transaction, generally assumed to be fungible. However, behavioral economics and consumer research show that ‘cash in hand’, physically holding on cash then handing it away, affects purchasing decisions. I study how hand influences decisions a different, but very domain: savings. Savings accounts are promising tool for reducing poverty, the use savings often puzzli...

This study analyzes the influence of operating capital on a firm’s profitability in manufacturing sector China. The investigates that develops non-linear relationship with firm by using ordinary least square (OLS), fixed effect (FE), and generalized method moments (GMM) regression. research reveals positive financially less-constrained firms significantly negatively influences profitability. Co...

The purpose of this study was to obtain empirical evidence the influence leverage, profitability, growth opportunity, and liquidity on cash holding. subjects in were manufacturing companies consumer goods sector listed Indonesia Stock Exchange for period 2017 – 2019. population amounted 56 companies. After being selected using purposive sampling method, research sample consisted 17 three period...

Constant pressure to increase return on assets has firms seeking ways to reduce their working capital costs. In the cash management area, firms are employing more sophisticated collection and disbursement systems. Cash management systems today efficiently speed up collections and, at the end of the day, sweep excess balances into money market accounts. Cash managers focus on finding the optimal...

However, the free cash flows scale is important for the financial health of the company, but it has also its own limitations. Moreover, it’s not immune from accounting tricks. Free cash flows can be considered as a measure of value for shareholders of listed companies on Tehran Stock Exchange. The managers of these companies have tended to use the earnings management for managing the free cash ...

We document cash management patterns for households that are at odds with the predictions of deterministic inventory models that abstract from precautionary motives. We extend the Baumol-Tobin cash inventory model to a dynamic environment that allows for the possibility of withdrawing cash at random times at a low cost. This modification introduces a precautionary motive for holding cash and na...