Image of Tren sekuler cash holding: Studi empiris pada perusahaan manufaktur di negara ASEAN 5 periode 2007-2011

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Tren sekuler cash holding: Studi empiris pada perusahaan manufaktur di negara ASEAN 5 periode 2007-2011

This research is conducted to investigate secular cash holding trend of corporate cash holdings of 852 firms across ASEAN 5 countries (Philippines, Indonesia, Malaysia, Singapore, and Thailand) during period 2007-2011 and analyzing the impact of changes in firms characteristic such as cash flow volatility increases, less net working capital, capital expenditure declines, leverage declines, level of lagged cash holding and controlled by size, market to book, cash flow, dividend. The results find that changes of firm characteristics contribute greatly in explaining secular trend of cash holding. The results vary across countries because different cash policies, financial structure and characteristic of each country.Ada tabel

Ketersediaan

Call NumberLocationAvailable
8051PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen Fakultas Ekonomi Universitas Indonesia.,
Edisi -
Subjek Manufacturing industry
Corporate finance
Cash holding
Pecking order theory
Trade off
Firm characteristics
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xv, 293 p. ; 30 cm.
Info Detail Spesifik -
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