ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI LABA DAN “ARUS KAS” MASA DEPAN PADA PERUSAHAAN GO PUBLIC

Indri Yuliafitri

Abstract


This research aims to study factors that can influence to future profit and cash flow on listed company from manufacture industry at Indonesian Stock Exchange in the year 2005-2007. This resesarch used profit, cash flow and cash dividend as independent variable. Type of this research is descriptive – verificative research.

The object of this research is emiten from manufacture industry listed Indonesian Stock Exchange which publish income statement on December, 31, 2005 – 2007, obtaining profit on resesarch period and use rupiah in income statement. By using purposive sampling technique, there are 65 companies as resesarch object. The unstandardized multiple regression model is used to examine the influence of profit, cash flow and cash dividend toward future profit and cash flow both partial and simultaneously.

The result of this resesarch show that (1) simultaneously, profit, cash flow, and cash dividend has strong positive influence toward future profit, (2) simultaneously, profit, cash flow, and cash dividend has positive influence toward future cash flow, (3)partialy, profit, cash flow, and cash dividend has positive influence toward future profit, but just profit and cash flow that has significant, (4) partialy, profit, cash flow hasn’t significant influence toward future cash flow, while cash dividen has positive significant influence toward future cash flow.

Keywords


cash flow, cash dividend, profit

References


Agus Sartono. 1999. Manajemen Keuangan. Edisi Ketiga. Yogyakarta: BPFE-Yogyakarta.

Ali, Ashiq dan Oktay Urcan. (2006). “Dividen Increases and Future Profitability”. Jurnal on-line.

Brealey, et.al. 1996. Fundamentals of Corporate Finance. International Edition. New York: McGraw-Hill.

DeFond, Mark dan Mingyi Hung. 2001. “An Empirical Analysis of Analysts’ Cash Flow Forecast”.

Fraser, Lyn M. dan Ailen Ormiston. 2004. Memahami Laporan Keuangan. Edisi Keenam. Terjemahan Jakarta: Indeks.

Hanlon, et.al. 2007. “Are Dividends Informative About Future Earnings?”.

Hepi Syafriadi. 2000. “Kemampuan Earnings dan Arus Kas dalam Memprediksi Earnings dan Arus Kas Masa Depan”. Jurnal Bisnis dan Akuntansi, Vol 2 (April), pp.76-88.

Ikatan Akuntan Indonesia. 2007. Standar Akuntansi Keuangan. Jakarta : Salemba Empat.

Kim, Myung-Sun dan William Kross. 2002. “The Ability of Earnings to Predict Future Operating Cash Flows Has Been Increasing – Not Decreasing”.

Nur F. Asyik, 2000. Tambahan Kandungan Informasi Arus Kas. Melalui: http://www.geocities.com/aa_rhon/TAMBAHANKANDUNGANINFORMASIRASIOARUSKAS.htm

Seng, Dyna. 1997. “Earnings versus Cash Flows as Predictors of Future Cash Flows: New Zealand Evidence” E-Jounal on-line.

Supriyadi. 1999. “The Predictive Ability of Earnings Versus Cash Flow Data to Predict Future Cash Flows: a Firm-Specific Analysis. Gajah Mada International Journal of Business, vol.2 no. 1. April, 76-88.

Watson, Jodi dan Peter Wells. 2005. “The Association Between Various Earnings and Cash Flow Measures of Firm Performance and Stock Returns : Some Australian Evidence”.

White, et.al. 2003. The Analysis and Use of Financial Statement. Ed. 3th. United States of America: John Wiley and Sons.




DOI: https://doi.org/10.21107/infestasi.v7i1.489

Refbacks

  • There are currently no refbacks.


Copyright (c) 1970 Indri Yuliafitri

Creative Commons License

This journal is licensed under a Creative Commons Attribution 4.0 International License.