ISSN: 2222-6990
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This study aims to examine the effect of financial leverage and capital expenditure on cash holding of manufacturing companies listed on the Indonesia Stock Exchange from 2011 to 2015. In addition, this study also aims to test the extent to which the influence of financial leverage and capital expenditure on cash holding. Type of studyused in this research is hypothesis testing. Samples that are selected using purposive sampling are 105 observations (105 company-years). In accordance with objectives of the study, data are analyzed using standardized multiple regression. The results show that financial leverage has a positive effect on cash holding about 14.1%, while capital expenditures has no affect on cash holding.
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In-Text Citation: (IntanAmalia, Arfan, & Saputra, 2018)
To Cite this Article: IntanAmalia, C., Arfan, M., & Saputra, M. (2018). The Effect of Financial Leverage and Capital Expenditure to Cash Holding of Manufacturing Company Listed in Indonesia Stock Exchange. International Journal of Academic Research in Business and Social Sciences, 8(5), 307–314.
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