THE EFFECT OF NET INCOME AND OPERATING CASH FLOW ON STOCK PRICES (IN HEALTHCARE SECTOR COMPANIES LISTED ON THE IDX FOR THE PERIOD 2016-2020)
Keywords:
Net Income, Operating Cash Flow, Stock PricesAbstract
Stock is a sign of an individual's or institution's capital investment in a corporation or limited liability company. Stocks allow investors to get a large amount of return or profit (capital gain) in a short time. To avoid a decline in stock prices that results in reduced investor interest in investing their funds, it is necessary to increase net income and operating cash flow. This study used explanatory and descriptive research methods. The sample includes 10 healthcare companies listed on the IDX between 2016 to 2020.
Based on the research outcome, net income has no effect on stock prices; operating cash flow has an effect on stock prices; and simultaneously, net income and operating cash flow have an effect on stock prices in healthcare sector businesses listed on the IDX between 2016 to 2020.
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