The First International Conference On Islamic Development Studies 2019, ICIDS 2019, 10 September 2019, Bandar Lampung, Indonesia

Research Article

The Effect Of Dividend, Board Characteristics, Information Asymmetry Towards Cash Holding On Manufacturing Company

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  • @INPROCEEDINGS{10.4108/eai.10-9-2019.2289340,
        author={Nurainun  Bangun and Yuniarwati  Yuniarwati and Sani Setyawati Nyata Saputra},
        title={The Effect Of Dividend, Board Characteristics, Information Asymmetry Towards Cash Holding On Manufacturing Company},
        proceedings={The First International Conference On Islamic Development Studies 2019, ICIDS 2019, 10 September 2019, Bandar Lampung, Indonesia},
        publisher={EAI},
        proceedings_a={ICIDS},
        year={2019},
        month={11},
        keywords={cash holding dividend payment board characteristics information asymmetry},
        doi={10.4108/eai.10-9-2019.2289340}
    }
    
  • Nurainun Bangun
    Yuniarwati Yuniarwati
    Sani Setyawati Nyata Saputra
    Year: 2019
    The Effect Of Dividend, Board Characteristics, Information Asymmetry Towards Cash Holding On Manufacturing Company
    ICIDS
    EAI
    DOI: 10.4108/eai.10-9-2019.2289340
Nurainun Bangun1,*, Yuniarwati Yuniarwati1, Sani Setyawati Nyata Saputra1
  • 1: Univeristas Tarumanagara, Jakarta, Indonesia
*Contact email: Inun66@yahoo.com

Abstract

The purpose of this research is to analyze the dividend payment, board characteristics and information asymmetry to cash holding. The sample of this study was selected using purposive sampling that amounted 48 company in Indonesian Stock Exchange within the year 2015-2017. Data processing techniques using multiple regression analysis that helped by SPPSS program for windows the 24th version and Microsoft Excel 2013. The results of this study indicate that dividend payment have a positive significant influence to cash holding, board characteristics (board size and independence) does not have an influence to cash holding and information asymmetryhave a positive non-significant influence to cash holding.