PENGARUH LABA BERSIH, ARUS KAS OPERASI DAN ARUS KAS INVESTASI TERHADAP HARGA SAHAM (Studi Empiris pada Perusahaan Manufaktur Sub Sektor Industri Barang Konsumsi yang terdaftar di Bursa Efek Indonesia Periode Tahun 2018-2020)

Abstract

This study aims to examine the effect of net income, operating cash flow and investment cash flow on stock prices in manufacturing companies in the consumer goods industry sub-sector listed on the Indonesian stock exchange for the period 2018-2020.  The research population is 50 manufacturing companies in the consumer goods industry sub-sector listed on the Indonesian stock exchange for the period 2018-2020.  Samples were taken using purposive sampling, which is a technique in which the sample is taken by carrying out certain considerations.  Based on the criteria that have been determined, the sample data from manufacturing companies in the consumer goods industry sub-sector for a period of three years, the sample obtained is 150 data.  The data were analyzed using data normality test analysis, descriptive analysis, and classical assumption test.  The results show that net income significant effect to share price, operating cash flow has no effect  to share price, and investment cash flow to share price.

Keywords: net income; operating cash flow; investment cash flow; stock price