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RELEVANSI NILAI LABA DAN KOMPONEN ARUS KAS TERHADAP HARGA SAHAM DENGAN CURRENT RATIO SEBAGAI PEMODERASI RELEVANSI NILAI ARUS KAS OPERASI PADA PERUSAHAAN MANUFAKTUR DI BEI PERIODE 2008–2010

Valencia, Cathlin and Mulyani, Mulyani (2012) RELEVANSI NILAI LABA DAN KOMPONEN ARUS KAS TERHADAP HARGA SAHAM DENGAN CURRENT RATIO SEBAGAI PEMODERASI RELEVANSI NILAI ARUS KAS OPERASI PADA PERUSAHAAN MANUFAKTUR DI BEI PERIODE 2008–2010. SEMINAR NASIONAL DAN CALL FOR PAPERS . ISSN 978-979-3649-65-8

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Abstract

Stock transactions has a fairly high risk so that the relevant information is needed to assess the performance of the company. This study is to prove the value relevance of earnings and cash flow components which also influenced by current ratio for cash flow operation that are used by the investors in decision making. Object of this study is manufacturing companies listed at BEI period 2008 -2010 with the number of companies studied were 345 companies. The analysis use classical assumption, multiple linear regression, F analysis, t analysis, coefficient determination of R square by SPSS 19.0. The conclusion of this research are as follows: earnings, operating cash flow, and financing cash flow have positive effect significant on stock price which means that earnings, operating cash flow, and financing cash flow have value relevance in assessing the performance of the company. Investing cash flow has a positive effect but not significant means it does not have enough evidence in demonstrating the value relevance of the stock price. Current ratio significantly strengthen the positive effect of operational cash flow to the stock means current ratio strengthen the positive effect of operating cash flow.

Item Type: Article
Uncontrolled Keywords: value relevance, earnings, cash flow components, current ratio
Subjects: H Social Sciences > HG Finance
Faculty / Institution: ?? Proceedings ??
Depositing User: User Proceeding
Date Deposited: 03 Jul 2012 05:51
Last Modified: 05 Jul 2012 04:16
URI: http://eprints.unisbank.ac.id/id/eprint/184

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