Mukhlasin
From the perspective of agency theory, the quality of income information reflects the range of information asymmetry. Accurate earnings quality tends to minimize cash holding because investors believe that the company will get external funding easily and cheaply. Income information generated from the expert audit committee oversight process tends to be of higher quality so that it can improve the accuracy of the information. The test was conducted on a panel of random effects model data with a sample of 130 non-financial and banking companies listed on the Indonesia Stock Exchange on 910 observations from 2012-2018. This study was able to prove that the earnings quality and expertise of the audit committee had a negative effect on holding cash. The study also found that audit committee expertise can improve earnings quality so that it can strengthen its relationship by holding cash.