Authors:

Putu Nadya Shari, I Nyoman Dewa Badera

Abstract:

“Cash holding or the availability of cash is very important in a company so that the company must have a good cash management system, especially companies that are vulnerable to a liquidity crisis. This study aims to empirically examine the effect of capital expenditure, growth opportunities, and cash flow volatility on cash holdings. The research was conducted on property and real estate companies listed on the Indonesia Stock Exchange with a total sample of 30 companies. The analysis technique used is multiple linear regression analysis. The results showed that capital expenditure had a significant negative effect, growth opportunities did not have a significant effect, and cash flow volatility had a significant positive effect. The results of the study contribute to confirming the trade-off theory and the pecking order theory as well as providing an empirical picture of the effect of capital expenditure, growth opportunities, and cash flow volatility on the cash holdings of companies in the property and real estate sector. Keywords: Cash Holding, Capital Expenditure, Growth Opportunity, Cash Flow Volatility.”

Keywords

Cash Holding, Capital Expenditure, Growth Opportunity, Cash Flow Volatility.

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PDF:

https://jurnal.harianregional.com/akuntansi/full-98549

Published

2023-06-30

How To Cite

SHARI, Putu Nadya; BADERA, I Nyoman Dewa. Capital Expenditure, Kesempatan Bertumbuh, Volatilitas Arus Kas dan Cash Holding.E-Jurnal Akuntansi, [S.l.], v. 33, n. 6, p. 1513-1524, june 2023. ISSN 2302-8556. Available at: https://jurnal.harianregional.com/akuntansi/id-98549. Date accessed: 02 Jun. 2025. doi:https://doi.org/10.24843/EJA.2023.v33.i06.p07.

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Issue

Vol 33 No 6 (2023)

Section

Articles

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