PENGARUH KANDUNGAN INFORMASI ARUS KAS, LABA BERSIH DAN NILAI PASAR TERHADAP ABNORMAL RETURN SAHAM (STUDI EMPIRIS PADA INDUSTRI KEUANGAN YANG TERDAFTAR DI BEI PERIODE 2009-2013)

Abstract

This study aimed to determine the effect of cash flow information from cash flows net income, and the market value of the abnormal stock returns in the financial industry listed in Indonesia Stock Exchange (IDX). This study classified causative research. The population in this study is the entire financial industry listed in Indonesia Stock Exchange (IDX) 2009 to 2013. While the sample is determined by using purposive sampling method in order to obtain 25 industrial samples. The method of analysis used in this study using multiple regression analysis. Data used in this study used secondary data obtained from the official website: http//www.idx.co.id. Based on the results of multiple regression analysis with a significance level of 5% and 10%, then the results of this study concluded that the variable operating cash flow, net income and market value significantly influence abnormal stock returns, while the variable cash flows of investment, and financing cash flow does not have a significant effect to abnormal stock returns.

Keywords : Abnormal Stock Return, Cash Flow, net income, and Market Value