Corporate Environmental Responsibility, Growth and Life Cycle of Cash Holding

Andi Aditya Hardinto, Juniati Gunawan, Idrianita Anis

Abstract


This writing examines the effect of environmental responsibility, growth and company life cycle on cash holding – In this study, the use of secondary data in the form of annual report of manufacturing companies obtained through the official website of the Indonesia Stock Exchange (www.idx.co.id), a sustainability report that can be obtained through the company's website and GRI-Database during the 2018-2020 period with a total sample of 195 samples. The results of multiple linear regression analysis can be concluded, that environmental responsibility affect cash holding negatively, growth has a positive influence direction on cash holding and the Company's life cycle in the stagnant stage has a positive effect on cash holding.


Keywords


cash holdings; growth; life cycle; environmental responsibility

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DOI: https://doi.org/10.33258/birci.v5i2.4862

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