PENGARUH LABA AKUNTANSI DAN ARUS KAS TERHADAP RETURN SAHAM

Abstract

This research aimed to examine and analyze, empirically, the effect of (1) accounting profit on stock return of finance companies that were listed on theIndonesia Stock Exchange, (2) operational cash flow on stock return of finance companies that were listed on Indonesia Stock Exchange, and (3) funds cash flow on stock return of finance companies that were listed on Indonesia Stock Exchange.The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was taken based on the criteria given. In line with that, there were 60 samples of finance companies that were listed on the Indonesia Stock Exchange during 2016-2020 with IBM SPSS 23.The research result concluded that: (1) accounting profit had a positive effect on the stock return of finance companies; (2) operational cash flow had a positive effect on the stock return of finance companies; (3) investment cash flow had a positive effect on the stock return of finance companies and (4) funds cash flow had a positive effect on the stock return of finance companies.