ABSTRACT
Every company has one main goal, which is to obtain maximum profit. This goal can be achieved by making the right policy. The policy taken by the company is the implementation of the cash holding policy. The purpose of this study is to determine the impact of corporate social responsibility and political connection on cash holding, and to determine whether geographic diversification can moderate the impact of corporate social responsibility and political connection on cash holding. This sample selection is based on a purposive sampling process with a total of 225 basic and chemical industry sector companies listed on the IDX from 2019 to 2021. Testing in this study uses a random effect model assisted by Stata software. The results of this study indicate that corporate social responsibility has no effect on cash holding, political connection affects cash holding, geographic diversification is unable to moderate the effect of corporate social responsibility and political connection on cash holding.
