PENGARUH ARUS KAS OPERASI, LEVERAGE, DAN KEBIJAKAN DIVIDEN TERHADAP RETURN SAHAM PADA PERUSAHAAN IDX30 YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstrak

The development of the business world is currently growing rapidly, this can’t be avoided by business people. Companies need additional capital if they want to improve company performance. The way to increase additional capital is through capital received from investors. Indicators to attract investors interest is stock return. The purposes of this research are: 1) To describe the operating cash flow, leverage, dividend policy, and stock return of index IDX30 companies listed on the Indonesia Stock Exchange. 2) To determine the effect of operating cash flow, leverage, dividend policy, on stock return of Index IDX30 companies listed on the Indonesia Stock Exchange either simultaneously or partially. The analysis technique used is the classical assumption test, multiple linear regression analysis, correlation coefficient and determination and hypothesis testing. The results of this study indicate that operating cash flow a positive and insignificant effect on Stock Return of Index IDX30 Companies listed on the Indonesia Stock Exchange for the period 2017-2021 leverage and dividend policy have a negative and insignificant effect on stock return of Index IDX30 Companies listed on the Stock Exchange Indonesian securities for the period 2017-2021.