PENGARUH ARUS KAS OPERASI, LABA AKUNTANSI, DAN OPINI AUDIT TERHADAP RETURN SAHAM

Maya Julio Budiningsih, Mayasari Mayasari, Devvy Noveliza

Abstract


This study was conducted to determine the effect of operating cash flow, accounting profit, and audit opinion on stock returns in manufacturing companies listed on the Indonesia Stock Exchange in 2016- 2019. The population in this study amounted to 162 companies with a sample of 18 companies. The analysis technique used is multiple linear regression and hypothesis testing using t-test and F-test with a significant level of 5%. The results showed that partially operating cash flow had no and no significant effect on stock returns, accounting profit had a significant positive effect on stock returns, and audit opinion had a significant negative effect on stock returns. Simultaneously, the results showed that operating cash flow, accounting profit, and audit opinion had a significant positive effect on stock returns.


Keywords


Operating Cash Flow, Accounting Profit, Audit Opinion, Stock Returns

Full Text:

PDF

References


Anggraeni, & Fitria, A. (2020). Pengaruh perubahan arus kas, laba akuntansi dan kebijakan hutang terhadap return saham. Jurnal Ilmu Dan Riset Akunransi, 9(4), 1–20.

Dewi, I. K., & Yudowati, S. P. (2020). Analisis Komponen Arus Kas, Manajemen Modal Kerja, dan Kebijakan Dividen terhadap Return Saham. Jurnal Mitra Manajemen, 4(4), 566–580.

Farida, E. I. (2020). Pengaruh Laba Bersih, Arus Kas Operasi, Arus Kas Investasi, dan Arus Kas Pendanaan terhadap Return Saham. Skripsi.

Fauziah, F. (2017). Kesehatan Bank, Kebijakan Dividen dan Nilai Perusahaan: Teori dan Kajian Empiris. In Pustaka Horizon.

Ismaya, R. (2017). Implikasi Ketepatan Laporan Keuangan, Opini Audit, Pergantian Jasa Audit dan Dividen terhadap Return Saham. Skripsi.

Kristanti, I. N. (2018). Analisis Pengaruh Arus Kas Operasi Dan Laba Akuntansi Terhadap Return Saham Perusahaan Peraih Investment Award (Best Issuers) Di Bursa Efek Indonesia. Jurnal Ilmiah Akuntansi Dan Keuangan, 7(2), 29–44. https://doi.org/10.32639/jiak.v7i2.217

Mastu’ah, Maslichah, & Junaidi. (2019). Pengaruh Laba Akuntansi, Komponen Arus Kas, Price Earnings Ratio, dan Dividend Yield terhadap Return Saham. E-Jra, 08(05), 114–130. http://riset.unisma.ac.id/index.php/jra/article/viewFile/4074/3548

Novi, M. K., Ask, N. S., & Sudaryanti, D. (2020). Pengaruh Laba Akuntansi, Nilai Buku Ekuitas dan Arus Kas Operasi terhadap Return Saham pada Perusahaan LQ 45 yang terdaftar di Bursa Efek Indonesia periode

Nugrahani, S., & Ruhiyat, E. (2018). Pengaruh Opini Audit Terhadap Harga Saham Dengan Ukuran Kantor Akuntan Publik Sebagai Variabel Pemoderasi. Jurnal Akuntansi : Kajian Ilmiah Akuntansi (JAK), 5(1), 74. https://doi.org/10.30656/jak.v5i1.505

Nugroho, N. E., & Kencana, P. (2018). Pengaruh Corporate Social Responsibility, Kepemilikan Manajerial, dan Opini Auditor yang Mempengaruhi Return Saham pada Perusahaan Manufaktur di BEI Periode 2013-2015. Media Akuntansi, 30(01), 1–14.

PSAK 1 (Revisi) - Penyajian Laporan Keuangan (pp. 1–40). (2014).

PSAK 2 (Revisi) - Laporan Arus Kas (p. PSAK No.2). (2014).

Purba, D. & Sianturi (2021). Akuntansi Manajemen Untuk Ekonomi dan Teknik. Penerbit NEM. 129.

Sulasih, dkk. (2021). Studi Kelayakan Bisnis. Yayasan Kita Menulis. 122. www.idx.co.id


Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Maya Julio Budiningsih, Mayasari Mayasari, Devvy Noveliza

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

 Fakultas Ekonomi dan Bisnis| Universitas Pelita Harapan| Lippo Karawaci - Tangerang| 15811