PENGARUH CASH HOLDINGS TERHADAP NILAI PERUSAHAAN (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2011 – 2013)

BAYU, Albertus and SEPTIANI , Aditya (2015) PENGARUH CASH HOLDINGS TERHADAP NILAI PERUSAHAAN (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2011 – 2013). Undergraduate thesis, Fakultas Ekonomika dan Bisnis.

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Abstract

This research investigates the relationship between firm value and cash holdings. Firm value in this research represent the perception of investors about firm profitability which measured by Tobin’s Q and MV/TA. The population in this research includes all manufacture firms listed on the Bursa Efek Indonesia (BEI) over the period 2011- 2013. The samples conducted by purposive sampling method. Total 75 firms is obtained. Data are analyzed by data panel regression technique. Result shows that manufacture firm in Indonesia doesn’t apply optimal cash holdings. This research support the pecking order theory that report there is no optimal cash holdings. Firm’s cash holdings in the end of period would just be the residual of firm operating activities.

Item Type:Thesis (Undergraduate)
Additional Information:firm value, cash holdings, optimal cash holdings, pecking order theory
Uncontrolled Keywords:firm value, cash holdings, optimal cash holdings, pecking order theory
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Accounting
ID Code:46593
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:13 Oct 2015 08:57
Last Modified:13 Oct 2015 08:57

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