PENGARUH ARUS KAS DAN LABA TERHADAP HARGA SAHAM ( Studi Empiris pada Saham Perusahaan Jasa Transportasi yang Go Public di BEI tahun 2014-2017 )

Abstract

ABSTRACT
This study is used to analyze the effect of cash flow and profit on stock
prices. The sample in this study are transportation service companies that go
public and are listed on the Indonesia stock exchange during the period 2014 to
2017. After that, testing is done using multiple linear tests to determine the effect
of the independent variable with the dependent variable. Then the normality test
was performed using the non-parametric One-sample Kolmogorov-Smirnov (K-S)
statistical test. From the classical assumption test can be seen the assumptions
needed in multiple linear analysis are fulfilled. classical assumption test in this
study using multicollinearity test, heteroscedasticity test and autocorrelation test.
Based on hypothesis testing, it can be concluded that cash flow and net income
have a significant effect on stock prices. With the basis of the F-test results
obtained the probability value of the variable cash flow and net income is smaller
than the significant level of 0.047 <0.05. Means that, the better the cash flow and
the greater the net profit, it will increase the share price of the transportation
service company that Go Public on the IDX in 2014-2017.
Keywords: cash flow, net income, and stock price