PENGARUH KEMAMPUAN LABA DAN ARUS KAS OPERASI DALAM MEMPREDIKSI ARUS KAS OPERASI MASA DEPAN (Studi Empiris Pada Perusahaan Manufaktur yang Terdaftar di BEI)

Abstract

This research aimed to examine the effect of earnings and operating cash flows in predicting future operating cash flow. This type of research is causative research. The population in this research is a manufacturing company listed on the Indonesia Stock Exchange in 2010 until 2013. Sample was determined by the purposive sampling. Data used in this study are secondary data. Statistical methods for data analysis is multiple regression analysis SPSS version 16.0 for windows. Based on the result of multiple regression analysis with a significant level of 0,05, the results of the study conclude: 1) earning is significant positive effect to predicting future operating cash flow with the level sicnificant 0,000 < 0,05 or t _hitung > t _tabel (14,782 > 1,968) and β 0,504 (H₁ accepted). 2) operating cash flow with is significant positive effect to predicting future operating cash flow the level significant 0,000 < 0,05 or t _hitung > t _table (9,743 > 1,968) and β 0,513 (H₂ accepted). 3) Profit is better than operating cash flows in predicting future operating cash flows with the level of standardized coefficients beta of earning > standardized coefficients beta of operating cash flow 0,490 > 0,328 (H₃  accepted).

Key words: Predicting Future Operating Cash Flow, Earning, Operating Cash Flow