PENGARUH KOMPONEN ARUS KAS DAN LABA AKUNTANSI TERHADAP HARGA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DIBURSA EFEK INDONESIA
AbstractThe aims of research are to a) examine and analyze the influence of the variable of operating cash flow component, b) examine and analyze the influence of the variable of investment cash flows component, c) examine and analyze the influence of the variable of financing cash flow component, and d) examine and analyze the effect of accounting profit variable. The population in the research were all manufacturing companies listed on the Indonesia Stock Exchange the period 2005 to 2010. The samples was selected buy using purposive sampling method consisting of 20 manufacturing companies. The data were analyzed by using multiple linear regression analysis with SPSS 17 program. Test results of the research indicate a) determination R2 = 50.6%, b) Test F = 29 451, c) t test, Operating cash flow and accounting profit indicate that two variables have influence on the stock price with the significant value of each of them 0.000. Meanwhile, investment Cash Flow and financing cash flow indicate that the two variable do not have a significant each value 0.426 and 0.940.
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