PENGARUH ARUS KAS DAN LABA AUNTANSI TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR INDUSTRI OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BEI

Sari

This study discusses the effect of cash flow and accounting earnings on stock price
of manufaktur industry otomotif and component company listed in Indonesia Stock
Exchange (BEI) in the period 2015-2017. The research data obtained from income
statement, statement of cash flows and Stock Price.Sampling was purposive sampling
method as many as 6 companies in accordance with predetermined criteria. The research
method used is the study hypothesis by analysis of correlation coefficients, multiple linear
regression, t test, F test, the coefficient of determination and beta coefficients.The results of
correlation studies show that accounting earnings and operating cash flow has not
correlation. Research by the t test to prove that only the accounting profit that influence
stock prices, while operating cash flow has no effect. Research by the F test to prove that
the independent variable simultaneous effect on stock prices. Test shows the coefficient of
determination of cash flow and accounting earnings on stock price of 52%.
Keywords: cash flow, accounting earnings and stock prices