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The covid-19 pandemic that hit the world has an impact on all sectors of life in the world. The economic sector is a sector that is inseparable from the impact of the pandemic. The Indonesian government's policy in dealing with the covid-19 pandemic by carrying out large social restrictions makes economic movement slow and limited. Large-scale social restriction policies affect the flexibility of companies in Indonesia to conduct business activities that directly impact the financial condition of these companies. This research aims to find out the impact of the covid-19 pandemic in Indonesia on corporate cash holdings. The results of the study using the difference in difference method show that the covid-19 pandemic has a significant negative impact on the company's cash holding as a consequence of the company's decreased ability to generate profits. [ABSTRACT FROM AUTHOR]