PENGARUH TOTAL ARUS KAS, DEBT TO EQUITY RATIO, UKURAN PERUSAHAAN DAN LABA AKUNTANSI TERHADAP RETURN SAHAM PADA SEKTOR MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA

Abstract

This study aims to determine and analyze the effect of Total Cash Flow, Debt to
Equity Ratio, Firm Size and Accounting Income on Stock jReturns in the Food and
Beverage Sector on the Indonesia Stock Exchange. The research approach used is
aquantitative japproach. The jsampling method jwas purposive sampling, a sample
of 13 companies in the jfood jand jbeverage sector listed on the Indonesian stock
jexchange multiplied by 4 years in the study period. The results showed that total
cash flow, debt to equity ratio, firm size and profit had no effect and were not
simultaneously significant on stock returns in the food and beverage sector on the
Indonesian stock exchange. with the test results obtained the calculated F value
(0.182) < F table (2.57) and a significance of 0.94 > 0.05. Total cash flow has no
effect and is not partially significant on stock returns in the food and beverage
sector on the Indonesian stock exchange, with the test results obtained that the
tcount is -0.52 with a significant value of 0.606 while the ttable is 2.011 with a
significant 0.05. Debt to equity ratio has no effect and is not partially significant on
stock returns in the food and beverage sector on the Indonesian stock exchange with
the test results obtained that the tcount is 0.123 with a significant value of 0.903
while the ttable is 2.011 with a significant 0.05. Firm size has no effect and is not
partially significant on stock returns in the food and beverage sector on the
Indonesian stock exchange with the test results obtained that the tcount is -0.264
with a significant value of 0.793 while the ttable is 2.011 with a significant 0.05.
Accounting income has no effect and is not partially significant on stock returns in
the food and beverage sector on the Indonesian stock exchange with the test results
obtained that the tcount is 0.356 with a significant value of 0.723 while the ttable is
2.011 with a significant 0.05. With the results of testing the value of R Square (R2)
the coefficient of determination is 0.015 or equal to 1.5%. This means that 1.5% of
stock returns can be explained by changes in independent variables and the
remaining98.5%is influenced by other variables not examined in this study