JRK Maret 2025 PENGARUH ARUS KAS OPERASI DAN PROFITABILITAS TERHADAP RETURN SAHAM LQ-45 YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2020-2022

Abstract

This study aims to determine the effect of Operating Cash Flow and Profitability on Stock Return in LQ-45 listed on the Indonesia Stock Exchange in 2020-2022. This type of associative research with a quantitative approach. Samples were taken using the purposive sampling technique. In this study, the sample amounted to 36 companies listed on the Indonesia Stock Exchange in 2020-2022, so that the research data analyzed amounted to 108 observations. The panel data analysis method in this study is multiple linear regression analysis using Eviews version 12. The results of this study show that Operating Cash Flow has a negative and significant effect on stock returns. Meanwhile, Return On Asset has a positive and non-significant effect on stock returns. For further research, it is hoped that the researcher can expand the scope of research objects in the corporate sectors on the Indonesia Stock Exchange so that it can add more diverse research variables.