ABSTRAK Penelitian ini bertujuan untuk menganalisis pengaruh growth opportunity, liquidity, profitability dan political connection terhadap cash holdings perusahaan publik. Penelitian dilakukan terhadap 155 perusahaan non keuangan di Indonesia periode 2010 ? 2014. Dengan menggunakan data panel didapatkan hasil bahwa growth opportunity, liquidity dan profitability memiliki pengaruh yang signifikan terhadap cash holdings, sedangkan political connection tidak.

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ABSTRACT This research is aimed to analyze the impact of growth opportunity, liquidity, profitability and political connection on corporate cash holdings. 155 non financial firms are observed within period of 2010 ? 2014. By using panel data, this research finds that growth opportunity, liquidity and profitability significantly affect corporate cash holdings, while political connections are not.