Peningkatan Kualitas Prinsip Manajemen Perusahaan Perkebunan Yang Terdaftar Di Bursa Efek Indonesia Melalui Laporan Arus Kas Terhadap Return Saham


  • Flora Silalahi Politeknik LP3I Medan, Medan, Indonesia
  • Asri Sanusi * Mail Politeknik LP3I Medan, Medan, Indonesia
  • Juli Meliza Sekolah Tinggi Ilmu Manajemen Sukma, Medan, Indonesia
    • (*) Corresponding Author
DOI: https://doi.org/10.47065/ekuitas.v4i2.2591
Keywords: Operating Cash Flow; Investment; Funding; Stock Return

Abstract

One of the economic indicators in a country is the capital market. Indonesia is one of the countries where the capital market is developing, this is proven by the number of companies listing in the capital market. One of the advantages of capital market activities is stock returns. Stock Return is the income earned by investors for investing funds in the form of shares. This study aims to determine how the effect of cash flow statements on stock returns. As for the object of scrutiny is PT. Astra Agro Lestari Tbk, PT. London Sumatra Indonesia Tbk, PT. Jaya Agra Wattie Tbk. In this study, the indicators used by the authors are cash flow statements from operational activities, investment activities and financing activities. The results showed that partially and simultaneously there is an influence between cash flow on stock returns. Based on the results of research conducted with the t-test, the results obtained that the value of tcount > ttable so that it shows there is an influence between the independent variables on the dependent variable, for the r-test shows that the operational cash flow variable has a moderate effect, the investment cash flow variable has a moderate influence. very low and the funding cash flow variable has a low influence on stock returns. Meanwhile, for the f test, the results obtained that the value of Fcount > Ftable so that it shows that there is an influence between the independent variables on the dependent variable. And for the R2 test, the results obtained are 44% (0.444 x 100%).

Downloads

Download data is not yet available.

References

Ana, S. R., & Rizal, N. (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.

Angreini, W. (2016). Analisis Pengaruh Bank Size, Suku Bunga Kredit, CAR dan LDR Terhadap Resiko Kredit (NPL) Pada Bank Umum Konvensional yang Go Public Periode 2000 - 2014. Skripsi Universitas Lampung.

Fahmi, I. (2015). Manajemen Investasi. Salemba Empat.

Firdaus, Y. et al. (2018). Pengaruh Kecanduan Game Online Terhadap Perilaku Konsumtif Siswa Pengguna Game Online. Jurnal Riset Terapan Akuntansi, 3(Manajemen Aset Bagi Optimalisasi Pengelolaan Aset Tetap), 40–51.

Ghozali, I. (2018). AplikasiAnalisisMultivarienteDengan Program SPSS 25 edisi 9 (B. P. U. Diponegoro. (ed.)).

Hermanto, Bambang, & Agung, M. (2015). Analisa Laporan Keuangan (Cetakan Keempat). Lentera Ilmu Cendekia.

Hery. (2016). Mengenal Dasar - Dasar Laporan Keuangan. PT. Grasindo.

Mangkunegara, A. A. A. P. (2017). Manajemen Sumber Daya Manusia Perusahaan (Remaja Rosdakarya. (ed.)).

Putriani, N. P., & Sukartha, I. M. (2014). Pengaruh arus kas bebas dan laba bersih pada return saham perusahaan LQ-45. E-Jurnal Akuntansi Universitas Udayana, 6(3), 390–401.

Ryan., A. (2013). Membuat Laporan Keuangan.

Solihin, I. (2014). Pengantar Bisnis. Erlangga.

Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, Dan R&D (C. Alfabeta (ed.)).

Trisnawati, W., & Wahidahwati. (2013). Pengaruh arus kas operasi, investasi dan pendanaan serta laba bersih terhadap return saham. Jurnal Ilmu Dan Riset Akuntansi, 1(1), 77–92.

Uddin, B. (2020). Perancangan dan Implementasi Alat Rekam Data Stock Opname Berbasis Single Board Computer (SBC). Petir, 13(2), 240–254. https://doi.org/10.33322/petir.v13i2.1109

Yocelyn, A., & Christiawan, Y. J. (2012). Analisis pengaruh perubahan arus kas dan laba akuntansi terhadap return saham pada perusahaan berkapitalisasi besar. Journal of Finance, 14(2), 81–90.


Bila bermanfaat silahkan share artikel ini

Berikan Komentar Anda terhadap artikel Peningkatan Kualitas Prinsip Manajemen Perusahaan Perkebunan Yang Terdaftar Di Bursa Efek Indonesia Melalui Laporan Arus Kas Terhadap Return Saham

Dimensions Badge
Article History
Submitted: 2022-11-25
Published: 2022-12-04
Abstract View: 575 times
PDF Download: 402 times
How to Cite
Silalahi, F., Sanusi, A., & Meliza, J. (2022). Peningkatan Kualitas Prinsip Manajemen Perusahaan Perkebunan Yang Terdaftar Di Bursa Efek Indonesia Melalui Laporan Arus Kas Terhadap Return Saham. Ekonomi, Keuangan, Investasi Dan Syariah (EKUITAS), 4(2), 498-504. https://doi.org/10.47065/ekuitas.v4i2.2591
Issue
Vol 4 No 2 (2022): November 2022
Pages: 498-504
Section
Articles

Copyright (c) 2022 Flora Silalahi, Asri Sanusi, Juli Meliza

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (Refer to The Effect of Open Access).