Cash Holding Management and Firm Performance: Empirical Evidence for Financially Constrained Firms in Indonesia

DOI

10.2991/aebmr.k.200410.012How to use a DOI?

Keywords

cash, cash holding, firm performance, financial constraints

Abstract

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.

Copyright

© 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/).

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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  -