Penulis : Andina Fajar Puspita Mulyono

Fakultas : Ekonomi
Program Studi : Akuntansi
IPK : 3.36
Pembimbing I : Dra. Hj. Hamidah ,M.Si., Ak.
Pembimbing II :
Pengaruh Komponen Arus Kas dan Laba Kotor Terhadap Return
Saham Pada Perusahaan Kelompok Saham Blue Chips di Pasar
Modal Indonesia.
Abstrak :
ABSTRACTPENGARUH KOMPONEN ARUS KAS DAN LABA KOTOR TERHADAP RETURN SAHAM
PADA PERUSAHAAN KELOMPOK SAHAM BLUE CHIPS DI PASAR MODAL INDONESIAThe main
requirements desired by the investors to be willing to channel their funds through capital market is a sense
of security to invest and the level of return to be gained from these investments. Published financial reports
are very important sources of information needed by investors as a basis for investment decision making.
Importance of financial reports as a source of information for investors, causing interest to examine the
information content of financial statements, particularly regarding the accounting profit and cash flow
statements and their components are reflected in stock returns. Research objectives to be achieved is to
obtain empirical evidence about the influence of components of cash flow and gross profit on stock
return.This research is done by using a quantitative approach, the data used are secondary data in the
form of an income statement and cash flow statements, and the closing price of the company's blue chips
stocks listed on the Indonesia Stock Exchange that meet criteria as the study sample, the sample size of 12
companies. Study period used was from 2005 to 2007. Statistical analysis used was multiple linear
regression analysis with the F test and t test.From multiple linear regression analysis produced a
regression model:R = 0,934 + 2,06x10-13AKO 8,28x10-15AKI+
5,44x10-14AKP1,46x10-13LKO+eF test produces F calculated = 0.850 < 2.679 F table, thus testing
the null hypothesis simultaneously received. t test variable operating cash flow, investment cash flow,
financing cash flow, and gross profit produces t calculated < t table 2.040, respectively 1.150, 0.039,
0.288, and 1.648, thus testing the null hypothesis is partially accepted.Based on the results of data analysis
can be concluded that operating cash flow, investment cash flow, financing cash flows, and gross profit
simultaneously or together have no significant influence on stock returns on the companys blue chips
stocks listed on the Indonesia Stock Exchange period 2005-2007. Also concluded that partial, operating
cash flow, investment cash flow, financing cash flow, and gross profit, has no significant influence on stock
returns on the company's blue chips stocks listed on the Indonesia Stock Exchange period 2005-2007.
Operating cash flow, investment cash flow, financing cash flows, and gross profit contribution of 9.9% in
return affect the company's blue chips stocks listed on the Indonesia Stock Exchange period 2005-2007,
while registration 90.1% influenced by other factors beyond the factors studied.Keywords: Operating cash
flows, Investment cash flow, Financing cash flow, Gross profit, Stock return, and Blue chips stock.
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