STUDI EMPIRIS PENGARUH EARNINGS DAN CASH FLOWS TERHADAP HARGA SAHAM PADA PERUSAHAAN YANG TERDAFTAR DALAM JAKARTA ISLAMIC INDEKS (JII)

Abstract

The purpose of this study is to test the ability of earnings information, the
component of earning, and cash flows affected stock price. This research is conducted by
using the sample of firms that included the Jakarta Islamic Index (JII). Analysis method
that used in this research is quantitative method with multiple regression. Sampling
method that used is purposive sampling.
These results indicate that earnings have a significant effect on stock prices
because of the tendency of investors to invest in stocks that have huge profits while the
total cash flow has negative effect on stock prices. Stock price will remain increase as
investors still believe that the activities of the company still running properly and safely
during the crises. This is because the company could still pays the debts, pays dividends
and keeps doing investment.
Key Word: Earning, Cash Flows, Stock Price, Regression.