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IJSTR >> Volume 8 - Issue 10, October 2019 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



Determinants Of Corporate Cash Holdings: Evidence Of The Mining Sector In Indonesia

[Full Text]

 

AUTHOR(S)

Rizky Yudaruddin

 

KEYWORDS

Cash Holdings, Mining Sector, Indonesia.

 

ABSTRACT

This paper investigates the empirical determinants of corporate cash holdings for a sample of the Mining Sector in Indonesia. We focus on company characteristics and macroeconomic variables towards cash holding. The data analyzed is secondary data for the 2012-2016 period from the Indonesia Stock Exchange. The analytical tool used is panel data regression. The results found that internal factors consisting of returns on assets and leverage have a significant effect on cash holding of mining companies, while external factors such as inflation, gross domestic product and interest rates have no significant cash holding effect.

 

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