Path: Top Journal Jurnal_Keuangan_dan_Perbankan 2008

Informasi laba aliran kas dan komponen aliran kas terhadap harga saham pada perusahaan manufaktur di Indonesia

Jurnal Keuangan dan Perbankan, Volume 12, Nomor 3, September 2008
Journal from JIPTUNMERPP / 2010-06-21 22:05:54
Oleh : Muhamad Syafii, Diploma 3 of Finance and Banking Merdeka University Malang (jurkeubank@yahoo.com)
Dibuat : 2008-09-01, dengan 0 file

Keyword : Accounting income, cash flows, components of cash flows, levels model.

This study was constitute replicated study from Triyono and Jogiyanto (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 samples from manufacturing firms listed in the Indonesia Stock Exchange (BEI) from 2004-2007 That had published audited financial statement. Sock prices used monthly prices from 2004 to 2007. The statistics method used to used to test hypotheses was a linier multiple regression. The model considered was levels model. The empirical results using the first levels model about the influence information of accounting income gave positive influence and significant with stock prices whereas total cash flows gave negative influence and significant with stock prices. In the second model levls about the influence information of cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities with stock prices, it could explained that separated total cash flows into components of cash flows gave negative influence and significant with stock prices especially cash flow from operating activities and cash flow from financing activities. In the third model levels about influence information of accounting icome and components of cash flows with stock prices, it could be explaned that accounting income gave positive influence and significant with stock prices whereas components of cash flows gave negative influence and significant with stock prices.

Deskripsi Alternatif :

This study was constitute replicated study from Triyono and Jogiyanto (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 samples from manufacturing firms listed in the Indonesia Stock Exchange (BEI) from 2004-2007 That had published audited financial statement. Sock prices used monthly prices from 2004 to 2007. The statistics method used to used to test hypotheses was a linier multiple regression. The model considered was levels model. The empirical results using the first levels model about the influence information of accounting income gave positive influence and significant with stock prices whereas total cash flows gave negative influence and significant with stock prices. In the second model levls about the influence information of cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities with stock prices, it could explained that separated total cash flows into components of cash flows gave negative influence and significant with stock prices especially cash flow from operating activities and cash flow from financing activities. In the third model levels about influence information of accounting icome and components of cash flows with stock prices, it could be explaned that accounting income gave positive influence and significant with stock prices whereas components of cash flows gave negative influence and significant with stock prices.

Beri Komentar ?#(0) | Bookmark

PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiDiploma 3 of Finance and Banking Merdeka University Malang
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

Print ...

Kontributor...

  • Editor: Wiwik Supriyanti, Dra. SS.