PENGARUH INFORMASI LABA ALIRAN KAS DAN KOMPONEN ALIRAN KAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR DI INDONESIA




PENGARUH INFORMASI LABA ALIRAN KAS DAN KOMPONEN ALIRAN KAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR DI INDONESIA

Oleh

Ferry & Erni Eka Wati

ABSTRACK

Before 1994, the one way measured performance of go public company is earning after tax, but on September 7, 1994 the Indonesian Institute of Accountants (IAI) published the statement of financial Accounting Standard (PSAK) No.2, “Statement of Cash Flows” requires companies to publish the statement of cash flows beginning from January 1, 1995. So investors had two kinds measurement of performance go public companies. The objective of study is to explain the influence of information content of accounting income, total cash flows, and components of cash flow with stock price in Indonesian manufacturing firms. The accounting income is earning after tax before extra ordinary item and discontinued operations and total cash flows is a sum of cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities.

This study was constitute replicated study from Triyono and Yogiyanto (2000) about the association of information content of total cash flows, components of cash flows, and accounting income with stock prices or stock returns. This study took sample from manufacturing firms listed in the Jakarta Stock Exchange (BEJ) from 1999-2002 that had published audited financial statement. Stock prices using monthly prices that had ended December 1999-2002. The statistics method used to test hypotheses is a linier multiple regression. The model was considered: levels model.

Pages ( 1 of 4 ): 1 234Next »

Tinggalkan Balasan

Situs ini menggunakan Akismet untuk mengurangi spam. Pelajari bagaimana data komentar Anda diproses.