Corporate Governance, Capital Expenditure Dan  Cash Holdings

Yanti; Liana Susanto; Henny Wirianata; Viriany

doi:10.24912/je.v24i1.452

Authors

Yanti Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara
Liana Susanto Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara
Henny Wirianata Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara
Viriany Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

DOI:

https://doi.org/10.24912/je.v24i1.452

Keywords: Corporate Governance, Capital Expenditure, Cash Holdings.

Abstract

This study aims to obtain empirical evidence about the effect of Corporate Governance and Capital Expenditure on Cash Holding. This study uses secondary data from financial statements of manufacturing companies listed on the Indonesia Stock Exchange in 2014-2016. The structure of Corporate Governance is measured using independent commissioners, board of commissioners, and institutional ownership. The analytical method used in this study is multiple regression analysis which is processed with the E-Views program. The results of this study indicate that independent commissioners, the board size, and institutional ownership partially have no significant effect on cash holding. While Capital Expenditure has a significant and negative effect on cash holding.

Author Biographies

Yanti, Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

yanti@fe.untar.ac.id

Liana Susanto, Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

liana@gmail.com

Henny Wirianata, Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

henny@fe.untar.ac.id

Viriany, Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara

viriany@gmail.com

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