Capital Expenditure, Kesempatan Bertumbuh, Volatilitas Arus Kas dan Cash Holding

Cash holding or the availability of cash is very important in a company so that must have good management system, especially companies are vulnerable to liquidity crisis. This study aims empirically examine effect capital expenditure, growth opportunities, and flow volatility on holdings. The research was conducted property real estate listed Indonesia Stock Exchange with total sample 30 companies. analysis technique used multiple linear regression analysis. results showed expenditure had significant negative effect, opportunities did not positive effect. contribute confirming trade-off theory pecking order as well providing an empirical picture holdings sector.
 Keywords: Holding, Capital Expenditure, Growth Opportunity, Flow Volatility.