The Impact Of Profitability, Capital Structure And Operating Cash Flow To Stock Return (Empirical Study Of Banking Companies Listed In Indonesia Stock Exchange For The Year 2012-2014)

IlyasMalkan, Reyhan (2016) The Impact Of Profitability, Capital Structure And Operating Cash Flow To Stock Return (Empirical Study Of Banking Companies Listed In Indonesia Stock Exchange For The Year 2012-2014). Sarjana thesis, Universitas Brawijaya.

Abstract

This research purpose to find the impact of profitability, capital structure and operating cash flow on stock returns for banking companies listed in Indonesian Stock Exchange. Population used in this research is 42 companies and then through the purposive sampling process, this research found 28 companies from Indonesia stock exchange that can fulfill the sampling criteria. Multiple regression analysis is used as the technique to test the hypothesis. Results of hypothesis testing concluded that the profitability has a positive impact to stock return. Then, the operating cash flow has a same result that has significant positive impact on stock return. However, this study cannot prove that capital structure possessed has significant influence on stock return in banking companies. In this research, it is found that profitability with the ratio of earnings per share is a strong indicator that can impact significantly on stock returns

English Abstract

Tujuan penelitian ini untuk mengetahui pengaruh profitabilitas, struktur modal dan arus kas operasi terhadap pengembalian saham untuk perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Populasi yang digunakan dalam penelitian ini adalah 42 perusahaan dan kemudian setelah melalui proses purposive sampling, penelitian ini menemukan 28 perusahaan di Bursa Efek Indonesia yang dapat memenuhi kriteria sampling. Analisi regresi berganda digunakan sebagai teknik untuk menguji hipotesis. Hasil pengujian hipotesis menyimpulkan bahwa profitabilitas memiliki dampak positif terhadap pengembalian saham. Kemudian, arus kas operasi memiliki hasil yang sama yaitu memiliki dampak positif yang signifikan terhadap pengembalian saham. Namun, penelitian ini tidak dapat membuktikan bahwa struktur modal memiliki pengaruh signifikan terhadap pengembalian saham pada perusahaan perbankan. Dalam penelitian ini, ditemukan bahwa profitabilitas dengan rasio earnings per share adalah indikator kuat yang dapat berdampak secara signifikan terhadap pengembalian saham

Item Type: Thesis (Sarjana)
Identification Number: SKR/FE/2016/775/051612631
Subjects: 600 Technology (Applied sciences) > 657 Accounting
Divisions: Fakultas Ekonomi dan Bisnis > Akuntansi
Depositing User: Sugiantoro
Date Deposited: 11 Jan 2017 15:50
Last Modified: 28 Oct 2021 02:35
URI: http://repository.ub.ac.id/id/eprint/109251
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