| dc.description.abstract | The Indonesian Institute of Accountant (IAI) published the Statement of
Financial Accounting Standard (PSAK) no. 2 concerning the Cash Flow Statement
which obliges companies to publish the statements of cash flow beean in
January 1st, 1995.
The objective of this research is to examine the effects of cash flows information to
the stock price or stock trading volume on the Jakarta stock exchange for the year
1998 until 2003. There are 10 firms which are listed in Jakarta stock exchange that are
included in LQ45 and active traded were taken as the data in this research The data
from audited financial statements from 1998 until 2003 were taken from Jakarta stock
exchange corner in Universitas Islam Indonesia. Yogyakarta. The statistic method
used to test hypotheses is Bivariate Linear Regression and Multiple Regression
analysis.
The empirical results indicated that there are no significant effects between
cash flows information which consist of cash flow from operating activities (CFOp)
cash flow from investing activities (CFIn), cash flow from financing activities
(CFFi), and the total of cash flow component (CFOp), (CFIn), (CFFi) to stock price
in Jakarta stock exchange and also there are no significant effects among CFOp
CFIn, CFFi and total of CFOp, CFIn, CFFi to stock trading volume in Jakarta stock
exchange for year 1998 until 2003. The reason was that almost the investors in
Indonesia just speculate in investing their fund especially during monetary crisis
which is hit Indonesia. The investors tend to see rumors, politic condition, investing
trend and so on than using cash flow information as a consideration tool in making
their investment decision. | en_US |
