This research aims to provide empirical evidence on the relationship
between corporate Cash Holding and firm performance among Indonesian
manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2019
to 2023. The study utilizes secondary data obtained from financial statements,
annual reports, and reputable financial databases. Firm performance is discussed
further into operating performance and financial performance. The sample includes
manufacturing companies listed on the IDX throughout the study period, chosen
through purposive sampling. The results indicate that higher corporate Cash
Holding positively affect operating performance and financial performance.