THE EFFECT OF NET INCOME AND OPERATING CASH FLOW ON TRADING VOLUME: A STUDY IN THE INDONESIAN STOCK EXCHANGE
The purpose of this research is to examine the effect of Net Income and Operating Cash Flow figures disclosed in the company’s annual reports to the demand of stock as represented by the Trading Volume records. The hypothesis is there is a significant statistical relationship between the figures to...
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| Format: | Theses and Dissertations NonPeerReviewed |
| Language: | Indonesian Indonesian |
| Published: |
2016
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| Subjects: | |
| Online Access: | http://repository.unair.ac.id/53421/1/53421%20A.pdf http://repository.unair.ac.id/53421/2/53421%20F.pdf http://repository.unair.ac.id/53421/ http://lib.unair.ac.id |
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| Institution: | Universitas Airlangga |
| Language: | Indonesian Indonesian |
| Summary: | The purpose of this research is to examine the effect of Net Income and Operating Cash Flow figures disclosed in the company’s annual reports to the demand of stock as represented by the Trading Volume records. The hypothesis
is there is a significant statistical relationship between the figures to the demand of stock, as they represent the fundamental value of the stock. The sample is 630
annual reports of 210 companies which were listed in the Indonesian Stock Exchange for period 2012-2014. The empirical result shows that the level of Net
Income and Operating Cash Flow has a (partially) significant but negative effect
to Trading Volume. Therefore, it indicates that the investor consider financial
information disclosed by the companies in annual reports as their base to make
investment decision |
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