PENGARUH NET WORKING CAPITAL, LEVERAGE DAN AGRESIVITAS PAJAK TERHADAP CASH HOLDING
Abstract
Abstract
The study was conducted to investigate the effect of net working capital, leverage, and tax aggressiveness on cash holding. The data used is secondary data derived from the financial statements of manufacturing companies listed on the Indonesia Stock Exchange in 2015-2017. The sample selection is done by purposive sampling, so that the total sample can be obtained by 162. The analysis technique used is panel data regression with an estimation of the random effect method (RE). Based on the analysis, it can be concluded that the results of the first hypothesis study show that net working capital has an effect on the dependent variable, namely the cash holding. The second hypothesis shows that leverage does not affect the dependent variable, namely the cash holding, and the third hypothesis is the independent variable of tax aggressiveness influencing the dependent variable, namely the cash holding.References
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