PENGARUH ARUS KAS DAN LABA AUNTANSI TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR INDUSTRI OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BEI

Abstract

This study discusses the effect of cash flow and accounting earnings on stock price of manufaktur industry otomotif and component company listed in Indonesia Stock Exchange (BEI) in the period 2015-2017. The research data obtained from income statement, statement of cash flows and Stock Price.Sampling was purposive sampling method as many as 6 companies in accordance with predetermined criteria. The research method used is the study hypothesis by analysis of correlation coefficients, multiple linear regression, t test, F test, the coefficient of determination and beta coefficients.The results of correlation studies show that accounting earnings and operating cash flow has not correlation. Research by the t test to prove that only the accounting profit that influence stock prices, while operating cash flow has no effect. Research by the F test to prove that the independent variable simultaneous effect on stock prices. Test shows the coefficient of determination of cash flow and accounting earnings on stock price of 52%. Keywords: cash flow, accounting earnings and stock prices