Fingga Del Asera Cona, 2021. The Role of President Director’s Characteristics in Affecting the Corporate Cash Holdings on Manufacturing Companies Listed on Indonesia Stock Exchange, under Dr. Wirasmi Wardhani, SE., M.Sc as the advisor. The purpose of this study is to determine the effect of president director’s Education Major, Education Level, Age, and Tenure towards Cash Holdings on manufacturing companies. The data taken is secondary data, in the form of annual report of manufacturing companies for five years, from 2015 to 2019. The population data used in this study are all manufacturing companies listed on Indonesia Stock Exchange with a total population of 184 companies. The sampling method used was a purposive sampling technique, thus resulting in a total sample of 130 companies. This study used the documentation method obtained from the annual and financial reports published on the official website of the Indonesia Stock Exchange.
The result of this study indicates that (1) Education Major which proxied by MBA has a positive and significant effect on Cash Holdings. (2) Education Level has a negative and significant effect on Cash Holdings. (3) Age has a positive and insignificant effect on Cash Holdings. (4) Tenure has a positive and insignificant effect on Cash Holdings.