Effect of Cash Flow Operating, Earning Per Share and Economic Value Added Activities on Stock Prices in Manufacturing Companies Listed In Indonesia Stock Exchange (2011-2013 Period)

Authors : Ayu Lestari, Aris Setiawan, Aulia Wsuda Muharram, Erry Rimawan.

Volume/Issue : Volume 4 - 2019, Issue 1 - January

Google Scholar : https://goo.gl/DF9R4u

Scribd : https://goo.gl/vLzbFi

Thomson Reuters ResearcherID : https://goo.gl/KTXLC3

The purpose from this research is to find significant differences between operating cash flow, Earning per Share (EPS), Economic Value Added (EVA) toward company stock prices, and also, to know more about influences from those variables toward stock prices in manufacturing companies which are already registered in Jakarta Stock Exchange (BEI). This research uses variables from 2011 to 2013. Variables which are being used in this research are operating cash flow, EPS, EVA and also with dependent variable is stock prices. Samples in this research are twentysixth (26) manufacturing companies in BEI. Method which is used to test hypothesis in this research is non-random sampling. Before this, variables already checked with descriptive statistical test, data normality test, and classical assumption test (regression normality test, multicollinearity, heteroscedasticity, autocorrelation) which show all variables are free from multicollinearity, heteroscedasticity, autocorrelation, and also all variables are normally distributed by using SPSS 17. The result from this research shows there are significant influences based on partial test, operating cash flow,economic value added (EVA), there is negative influence And, also, in earning per share (EPS) toward stock prices. So, based on simultaneous test, operating cash flow,EPS and EVA influence stock prices significantly at the same time.

Keywords : Operating Cash Flow, Earning Per Share, Economic Value Added, Stock Prices.


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30 - June - 2023

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