Pengaruh Economic Value Added, Residual Income, Operating Cashflow dan Operating Income terhadap Return Saham

Widyakusuma, Rakhmani, Drs. Sumiyana, M.Si., Ak.

2007 | Skripsi | S1 Extention - Accounting

Penelitian ini memiliki dua tujuan, pertama adalah untuk membuktikan bahwa Economic Value Added (EVA), Residual Income (RI), Operating Cashflows (OCF), dan Operating Income (OI) berpengaruh terhadap return saham. Kedua, untuk membuktikan bahwa Economic Value Added (EVA), Residual Income (RI), Operating Cashflows (OCF), dan Operating Income (OI) berbeda pengaruhnya terhadap return saham pada kelompok perusahaan manufaktur dan kelompok perusahaan keuangan. Hasil penelitian menunjukkan bahwa variabel operating cashflow berpengaruh paling signifikan terhadap return yang diterima oleh pemegang saham. Selanjutnya, variabel berikutnya yang juga berpengaruh signifikan adalah operating income. Sedangkan jenis industri tidak berpengaruh secara signifikan terhadap return yang diterima oleh pemegang saham. Kata kunci: economic value added, residual income, operating cashflow, operating income, return.

This study has two purposes, first to prove that Economic Value Added (EVA), Residual Income (RI), Operating Cashflows (OCF), and Operating Income (OI) influencing return share. Second, to prove that Economic Value Added (EVA), Residual Income (RI), Operating Cashflows (OCF), and Operating Income (OI) give different influence towards return share between manufacturing and banking companies. The result shows that variable Operating Cashflow influential most significant towards return that accepted by stockholder. Furthermore, the next variable which significantly influent return is Operating Income. While kind of industry (manufacture and banking) not significantly influent toward return that accepted by stockholder. Keywords: economic value added, residual income, operating cashflow, operating income, return.

Kata Kunci : Economic Value Added; Residual Income; Operating Cashflow; Operating Income; Return Saham