Rasio Keuangan, Laba Akuntansi dan Arus Kas Operasi dalam Pengaruhnya terhadap Return Saham

Financial performance and accounting profit provide information about the condition and capabilities of an industry, it also has an important role for the company's financial returns. The purpose of this study was to examine the effect of financial ratios, accounting profit and operating cash f...

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Bibliographic Details
Main Authors: Happy Sista Devy, Muhammad Ali Ma’sum, Muhammad Aris Syafii
Format: Article
Language:English
Published: Universitas Islam Negeri K.H. Abdurrahman Wahid Pekalongan 2023-06-01
Series:Jurnal Akuntansi dan Audit Syariah
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Online Access:https://e-journal.uingusdur.ac.id/JAAiS/article/view/942
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Summary:Financial performance and accounting profit provide information about the condition and capabilities of an industry, it also has an important role for the company's financial returns. The purpose of this study was to examine the effect of financial ratios, accounting profit and operating cash flow on stock returns. This study uses a population of food and beverage sub-sector companies listed on the Indonesia Stock Exchange for the 2018-2022 period. Purposive sampling method was used and 11 companies were found as samples. The results showed that return on assets (ROA), current ratios, and accounting profit have an effect on stock returns. In accordance with the signal theory, that the existence of information regarding ROA, current ratio and accounting profit becomes a significant signal to investors so that there is an influence on stock returns. However, the different effects on the variable debt to equity ratio and operating cash flow have an insignificant effect, so that it can be interpreted that these two pieces of information are not used as meaningful information for investors so that there is no reaction.
ISSN:2775-6270
2775-8443