RELEVANSI NILAI INFORMASI AKUNTANSI BOOK VALUE, CASH FLOW, DAN ACCRUAL

Bela, Destri Sinta (2024) RELEVANSI NILAI INFORMASI AKUNTANSI BOOK VALUE, CASH FLOW, DAN ACCRUAL. Other thesis, STIE Bank BPD Jateng.

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Abstract

This research endeavors to examine the impact of BVPS value relevance on stock prices and disentangle the earnings component into cash flow and accruals to discern investor preferences for both. Additionally, the study evaluates the fundamentals of companies classified as undervalued or overvalued in stock prices through an analysis of the IDX Growth 30 (IDXG30) and IDX Value 30 (IDXV30) indices. Data collection is executed by procuring stock prices from the www.finance.yahoo.com website and downloading financial reports from the official Indonesia Stock Exchange (IDX) website. Purposive sampling is applied, yielding a sample of 86 companies for IDXG30 and 86 for IDXV30. The method employed is multiple linear regression analysis. The outcomes reveal a positive influence of BVPS on stock prices. Notably, investors manifest a more pronounced response to cash flow information compared to accruals, and their reaction to BVPS exceeds that of EPS. Keywords: Value Relevance, BVPS, Cash Flow, Accrual, Stock Price, IDXG30, IDXV30, EPS

Item Type:	Thesis (Other)
Additional Information:	Penelitian ini bertujuan menginvestigasi pengaruh relevansi nilai BVPS terhadap harga saham dan mengurai komponen laba menjadi cash flow serta accrual untuk menentukan preferensi investor terhadap keduanya. Selain itu, penelitian ini mengevaluasi fundamental perusahaan yang dianggap undervalued atau overvalued pada harga saham melalui analisis indeks IDX Growth 30 (IDXG30) dan IDX Value 30 (IDXV30). Pengumpulan data dilakukan dengan memperoleh harga saham dari situs www.finance.yahoo.com dan mengunduh laporan keuangan dari situs resmi Bursa Efek Indonesia (BEI). Teknik sampel menggunakan purposive sampling sehingga menghasilkan sampel 86 sampel untuk IDXG30 dan 86 sampel untuk IDXV30. Metode yang digunakan adalah analisis regresi linier berganda. Hasil penelitian menunjukkan bahwa BVPS berpengaruh positif terhadap harga saham. Investor lebih merespon informasi cash flow dibanding accrual, serta respon investor terhadap BVPS lebih tinggi dibandingkan dengan EPS.
Uncontrolled Keywords:	Relevansi Nilai, BVPS, Cash Flow, Accrual, Harga Saham, IDXG30, IDXV30, EPS
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HG Finance H Social Sciences > HJ Public Finance
Divisions:	Faculty of Law, Arts and Social Sciences > School of Management
Depositing User:	Wisudawan S1
Date Deposited:	26 Mar 2024 02:05
Last Modified:	26 Mar 2024 02:05
URI:	http://eprints.stiebankbpdjateng.ac.id/id/eprint/1911

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