Analisis Arus Kas Operasi Dan Laba Terhadap Return Saham pada Perusahaan Manufaktur Cigarette
DOI:
https://doi.org/10.33752/jfas.v6i1.5954Keywords:
Cash Flow, Profit, Stock ReturnAbstract
The purpose of this study is to analyze the effect of operating cash flow and profit on the investment results of cigarette manufacturing companies' shares on the Indonesia Stock Exchange 2019–2022. Secondary data were collected as part of quantitative research methodology. Cigarette manufacturing companies listed on the Indonesia Stock Exchange at the time constituted the study population. Purposive sampling is used to select research samples. The Structural Equation Model (SEM) - Partial Least Square (PLS) analysis approach was used in this study, and SmartPLS 3.0 software was used to handle the data. The findings show that operating cash flow has no noticeable impact on stock performance. This result shows that the value of stock investment returns is not significantly affected by the increase in revenue in cigarette manufacturing companies.Cash Flow
Downloads
References
Aziza, M., Zuhrotul Isnaini, & Lukman Effendy. (2022). PENGARUH LIKUIDITAS, LEVERAGE, PROFITABILITAS, DAN KOMISARIS INDEPENDEN TERHADAP KUALITAS LABA (Studi Pada Perusahaan Manufaktur yang Listing di Bursa Efek Indonesia Periode 2018-2020). Jurnal Riset Akuntansi Aksioma, 21(2), 91–106. https://doi.org/10.29303/aksioma.v21i2.168
Diah, M. (2020). PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL MODERASI (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2018). Nuevos Sistemas de Comunicación e Información, 2013–2015.
Ernawati, Y., & Purwaningsih, E. (2022). Pengaruh Total Arus Kas, Debt To Equity Ratio Dan Return on Assets Terhadap Harga Saham. Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi), 6(2), 1708–1726.
Fitri Nurani, & Andrianto. (2021). Analisis Hubungan Laba Akuntansi dan Komponen Arus Kas Dengan Harga Saham. Journal of Accounting Science, 5(2), 160–179. https://doi.org/10.21070/jas.v5i2.1547
Prapitasari, I., Utami, K., Setyarini, R., … S. A.-J. K., 2017, U., Pandiana, L., Komunitas, S. N.-J. K., & 2018, U. (2019). Bab Iii Metodologi Penelitian. 62–76.
Purba, P., Telaumbanua, Y., Rioni, Y. S., Akuntansi, S., Ekonomi, F., Indonesia, U. P., Sains, F. S., Pembangunan, U., & Medan, P. (2023). the Effect of Cash Flow , Accounting Profit , Total Asset Turn Over on Manufacturing Company Stock Return on the Indonesia Stock Exchange. Jurnal Ekonomi, 12(02), 984–993.
Rizal, N., & Ana, S. R. (2016). Pengaruh Laba Akuntansi Dan Arus Kas Serta Ukuran Perusahaan Terhadap Return Saham (Studi Empiris Pada Perusahaan Perbankan Yang Terdaftar Di Bei Tahun 2012 – 2014). Jurnal Spread, 6(2), 65–76.
Taufani, A. L., & Sari, S. P. (2022). Return Saham: Suatu Tinjauan dengan Arus Kas. Duconomics Sci-Meet (Education & Economics Science Meet), 2, 15–23. https://doi.org/10.37010/duconomics.v2.5904
Widiyastuti, E. (2020). Identifikasi dampak integrasi E-Service Quality, E-Satisfaction, dan E-Payment terhadap Repurchase Intention konsumen dalam menggunakan fitur GoFood. Manajemen, 2007, 45–61.
Wulandari, R. (2021). Analisis Arus Kas Operasi Dan Return on Asset (Roa) Terhadap Return Saham Dengan Laba Akuntansi Sebagai Variabel Moderasi. Jurnal Ilmiah Bisnis Dan Ekonomi Asia, 15(1), 73–82. https://doi.org/10.32815/jibeka.v15i1.349
Zebua, K., & Izzah Lubis, N. (2023). Pengaruh Perencanaan Pajak, Aset Pajak Tangguhan dan Net Profit Margin Terhadap Manajemen Laba Pada Perusahaan Manufaktur Sub Sektor Makanan DanMinuman Yang Terdaftar Di Bursa Efek IndonesiaPeriode 2018-2020. ACCUMULATED Journal, 5(1), 110–122. https://www.doi.org/10.22303/accumulated.5.1.2023.110-122
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Dewi Maria Ulfa, Yanna Eka Pratiwi, Siwidyah Desi Lastianti
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
