The Effect of Company Size, Leverage and Tax Avoidance on Cash Holding in Manufacturing Companies on the Indonesia Stock Exchange in 2018 -2020

The goal of this research is to look at the impact of firm size, leverage, and tax avoidance on cash holding partially and simultaneously. This study falls under the category of explanatory research with a quantitative methodology. All property companies listed on the IDX for the 2018-2020 timeframe are included in this study's population. Purposive sampling was utilized to choose 21 organizations as research samples, with 63 observational data collected over three years. Multiple linear regression was employed as an analysis approach in this study. The findings of this study show that Leverage has an effect on Cash Holding. Firm Size and Tax Avoidance, on the other hand, have no effect on Cash Holding. Firm Size, Leverage, and Tax Avoidance all simultaneously have an impact on cash holding. The adjusted coefficient of determination (Adjusted R2 ) is 0.498, indicating that these three variables influence 49.8% of Cash Holding, with the remaining 50.2 percent influenced by variables not mentioned in this paper. These findings suggest that there are various factors that can explain Cash Holding that are not discussed in this study.