AISYAH MIFTAHURROHMAH. The Influence of Leverage dan Growth
Opportuniy to Cash Holding in Property, Real estate, and Building Construction
Companies on 2015. Script, Department of Economics and Administration, Faculty of
Economics, State University of Jakarta, 2016.
This study aims at finding out if the influence of leverage dan growth opportuniy to
cash holding in property, real estate, and building construction companies on 2015.
The hypothesis of this study is: “There is influence of leverage dan growth opportuniy
to cash holding in property, real estate, and building construction companies on
2015.” The method used by the author of the survey is a quantitative approach. This
study population is the entire companies of property, real estate, and building
construction that listed in Indonesia Stock Exchange on 2015. In addition, the
sampling technique used is simple random sampling as many 44 samples. Hypothesis
states that either simultaneously or partially, independent variables affect the
dependent variable of the study. Based on the result of the simultaneously regression coefficient test, the independenpent variables have value of Faccount
> Ftable(6,151 >
3,23) with a sig 0,005, it can be concluded that leverage and growth opportunity
effect on cash holding simultaneously. On the other side, the result of the partial
regression coefficient test, leverage has value of taccount
> t
table(2,665 > 2,01954) with
a sig 0,011, it can be concluded that leverage effects negatively and significant on
cash holding. Besides, growth opportunity has value of taccount
> t
table(3,384>2,01954) with a sig 0,002, it can be concluded that growth opportunity
effects positively and significant on cash holding. And for the conclusion,
hypothesis states that leverage and growth opportunity effect on cash holding
simultaneously. While partially, leverage effects negatively on cash holding and
growth opportunity effects positively on cash holding