The Effect of Cash Ownership on the Company's Performance in the Food and Beverage Industry Listed on the Indonesia Stock Exchange (IDX)

Authors

  • Agustyas Widianingsih PT Medikaloka Hermina
  • Prana Sri Surya Dewi PT Cahaya Kalimas Utamas
  • Farah Margaretha Leon Universitas Trisakti

DOI:

https://doi.org/10.55324/josr.v2i5.870

Keywords:

cash holdings, corporate performance, ROA, ROE

Abstract

This study was conducted to determine the relationship between the company's cash ownership and company performance linearly. The sample used for this study is companies in the food and beverage sector listed on the Indonesia Stock Exchange (IDX) in the 2015-2019 period. There are 20 companies that are sampled in this study purposively. To determine the company's performance, a ratio of ROA and ROE is used for comparison. In this study using regression methods and individual tests (t-tests). The results of this study show that cash ownership does not have a significant relationship with company performance. For future research, it is recommended to add variables that can support ROA and ROE that are not contained in this study and use a larger sample of data.

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Published

2023-04-28

Issue

Vol. 2 No. 5 (2023): Journal of Social Research

Section

Articles

License

Copyright (c) 2023 Agustyas Widianingsih, Prana Sri Surya Dewi, Farah Margaretha Leon

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International.

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