PENGARUH RETURN ON ASSETS, ARUS KAS OPERASI, DAN PERUBAHAN LABA TERHADAP RETURN SAHAM

Abstract

This research aimed to examine the effect of (1) Return On Assets (ROA) on the stock return of Retail companies listed on the Indonesia Stock Exchange during 2019-2022; (2) Operational cash flow on the stock return of Retail companies listed on the Indonesia Stock Exchange during 2019-2022; and (3) Profit change on the stock return of Retail companies listed on the Indonesia Stock Exchange during 2019-2022. The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 72 companies as the samples. Furthermore, the data analysis technique used multiple linear regression with IBM SPSS Statistics 26. The result showed that: (1) Return On Assets (ROA) had a positive effect on stock return; (2) Operational cash flow had a positive effect on stock return; and (3) Profit change had a positive effect on stock return.