International Journal Management and Economic (IJME)
Vol. 2 No. 3 (2023): September: International Journal Management and Economic

ANALYSIS OF CHANGES IN ACCOUNTING PROFIT AND OPERATIONAL CASH FLOW ON STOCK RETURNS

Alferia Nur Khasanah (Universitas Teknologi Muhammadiyah Jakarta)
Samukri (Universitas Teknologi Muhammadiyah Jakarta)
Susi Susilawati (Universitas Teknologi Muhammadiyah Jakarta)
Arlis Dewi (Universitas Teknologi Muhammadiyah Jakarta)



Article Info

Publish Date
15 Sep 2023

Abstract

This study aims to determine the analysis of changes in accounting profit and changes in operating cash flow on the return of shares listed on the Indonesia Stock Exchange (IDX). The sample selection technique used was the purposive sampling method, obtaining a sample of 18 companies with 5 years of observation from 2017-2021, so that the total results of the observation data were 90 data. The data analysis method used is descriptive statistics, panel data estimation model selection, model suitability test, classic assumption test, panel data regression analysis and hypothesis testing using Eviews software version 12. Based on the results of the study partially, it shows that changes in accounting profit have no significant effect on stock returns and changes in operating cash flow have no significant effect on stock returns.

Copyrights © 2023






Journal Info

Abbrev

IJME

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal Management and Economic (IJME) is published three times a year, in January, Mey and September by Asosiasi Dosen Muda Indonesia. IJME aims to: Promote the latest research results on Management and/or Entrepreneurship and also Economic. Only publish the results of Subjects ...