buku manajemen keuangan agus sartono pdf

The implication is that management should pay more attention to financial factors, especially net profit, cash flow, and leverage to increase stock return and the company's value. Simultaneously, the variables above affect stock return significantly. However, investing cash flow and financing decisions (proxy leverage) show a negative effect on the stock's return significantly. It shows that earning information, operating cash flow, financing cash flow positively affect stock returns. The analysis was done using the data panel regression.

This study aims to analyze the effect of net profit, operating cash flow, financing cash flow and investing cash flow and, financing decisions on stock's return of service industry listed at Indonesia Stock Exchange (IDX). They have created many job opportunities in both the formal sector and the non-formal sector. Trading, Service, and Investment sectors show an essential role in the national economy, and they have grown significantly during the past years. Based on the analysis, the research conclusions can be obtained as follows Economic Value Added has a positive effect on Stock Returns, Free Cash Flow has a negative effect on Stock Return, Corporate Governance has a positive effect on Stock Returns, Profit Quality does not have a positive effect on Stock Returns, Dividend Determination of the sample was done using purposive sampling method. The selection of public companies that fall into the category of manufacturing companies is reviewed based on consideration of the similarities in their operations and production activities and this industry group which is relatively larger compared to other industry groups on the Indonesia Stock Exchange, thus dominating and having a major contribution to market development capital, especially shares in Indonesia.

The research sample is a manufacturing company listed on the Jakarta Stock Exchange by taking a sample of 49 companies in 2016. This research uses multiple regression testing. The purpose of this study was to examine the effect of economic value added, free cash flow, corporate governance and earnings qulity with the dividend policy as a moderating variable on stock returns.

Buku manajemen keuangan agus sartono pdf