%A NIM.: 21108030057 Nur Azizah Hidayanah %O Agus Faisal S.E.I., M.E.I., %T PENGARUH LEVERAGE DAN INVESTMENT OPPORTUNITY SET TERHADAP NILAI PERUSAHAAN DENGAN CASH HOLDING SEBAGAI VARIABEL MEDIASI PERUSAHAAN SEKTOR CONSUMER CYCLICAL TERDAFTAR DI ISSI PERIODE 2019-2023 %X The purpose of this study is to examine the effect of leverage and the investment opportunity set on firm value, with cash holding as a mediating variable. This empirical study focuses on consumer cyclical companies listed in the Indonesia Sharia Stock Index (ISSI) from 2019 to 2023. The study employs multiple panel data analysis and mediation regression analysis using Eviews 12 program. The population consists of all consumer cyclical companies listed in the ISSI. The research uses a purposive sampling method, with a total population of 111 companies and a sample of 49 companies. The results indicate that the investment opportunity set has a significant effect on cash holding, while leverage does not affect cash holding. Both leverage and cash holding do not have a significant effect on firm value, whereas the investment opportunity set has a positive effect on firm value, additionally, leverage and the investment opportunity set do not effect firm value through cash holding. Keywords : Cash Holding, Investment Opportunity Set, Leverage, Firm Value. %K Cash Holding, Investment Opportunity Set, Leverage, Firm Value. %D 2025 %I UIN SUNAN KALIJAGAYOGYAKARTA %L digilib70885