PENGARUH LABA AKUNTANSI, NILAI BUKU EKUITAS, ARUS KAS OPERASI, DAN LEVERAGE TERHADAP HARGA SAHAM

Abstract

This research aimed to find out the effect of accounting profit, the value of equity book, operating cash
flow, and leverage on the stock price of transportation sub-sector manufacturing companies listed on
the Indonesia Stock Exchange during 2018-2021. Moreover, the population was transportation sub-
sector manufacturing companies listed on the Indonesia Stock Exchange. Furthermore, the research
was quantitative. The data collection technique used purposive sampling. In line with that, there were
12 companies as the sample during 4 years of observation. In total, there were 46 data samples.
Additionally, the data analysis technique used multiple linear regressions with SPSS (Statistical Product
and Service Solution) 26 version. The research result showed that accounting profit did not affect the
stock price. On the other hand, the value of the equity book had a positive effect on the stock price. In
contrast, operating cash flow had a negative effect on the stock price. On the contrary, leverage did not
affect the stock price.