Cash Holding Management and Firm Performance: Empirical Evidence for Financially Constrained Firms in Indonesia
- 10.2991/aebmr.k.200410.012How to use a DOI?
- cash, cash holding, firm performance, financial constraints
A firm must determine the level of cash holding to improve the efficiency of the firm. This study aims to examine the impact of cash holdings on firm performance in Indonesia. Data were obtained from OSIRIS database with the observation period 2010 – 2016. The results showed there is an u-shaped inverted impact of cash holdings on firm performance which is indicated the optimum level of cash holding. In addition, the optimum level of cash holding was lower for the financially constrained firms.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Berto Mulia Wibawa AU - Ninditya Nareswari PY - 2020 DA - 2020/04/13 TI - Cash Holding Management and Firm Performance: Empirical Evidence for Financially Constrained Firms in Indonesia BT - Proceedings of the 3rd Asia Pacific International Conference of Management and Business Science (AICMBS 2019) PB - Atlantis Press SP - 72 EP - 77 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200410.012 DO - 10.2991/aebmr.k.200410.012 ID - Wibawa2020 ER -