ANALISIS PENGARUH TOTAL ARUS KAS, KOMPONEN ARUS KAS, LABA AKUNTANSI. TERHADAP RETURN SAHAM PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI TAHUN 2016
ABSTRACT: Stock returns to be
highly regarded by investors given the level of profit that will be enjoyed by
investors of an investment that it does. Respondents of this study are
manufacturing companies listed on the BEI in 2016. The number of samples of 67
companies taken based on the technique of Purposive Sampling. The data analysis
to test the hypothesis using multiple regression is completed with SPSS
program. From the result of this research, it can be concluded that: total cash
flow, cash flow from investment activity and cash flow from funding activity
does not have an effect on stock return, while cash flow from operating
activity and accountancy profit have significant effect to stock return.
Hypothesis 1 (H1) t value = 0.838 <t table = 1.66827 significant numbers =
0.206> 0.05 thus not significant. So H1 which states that there is influence
between total cash flow to stock return rejected. Hypothesis 2 (H2) t value =
1.879> 1.66827 Significant number = 0,034 <0,05 thus significant. H2 thus
states that there is an influence between cash flow from operating activities
to stock return is accepted. Hypothesis 3 (H3) t value = 0.965 <1.66827
Significant number = 0.059 > 0.05 thus not significant. H3 which states that
there is influence between cash flow from investment activity to return of
stock declined. Hypothesis 4 (H4) t value = 1.472 <1.66827 signification
number = 0.538> 0.05 thus not significant. H4 which states that there is
influence between cash flow from funding activity to stock return is rejected.
Hypothesis 5 (H5) t value = 1.669> 1.66827 Significant number = 0,000
<0.05 is thus significant. H5 which states that there is influence between
accounting profit to stock return is accepted.
Keywords: total cash flows,
cash flows from operating activities, cash flows from investment activities,
cash flows from liability activities, accounting earnings and returns
Penulis: M Abdul Haris, Y
Sunyoto
Kode Jurnal: jpmanajemendd180184
