RELEVANSI NILAI LABA, NILAI BUKU DAN ARUS KAS BERSIH PADA PERUSAHAAN FOOD AND BEVERAGE DI INDONESIA
Authors: Oktaviana Ulfi Kartika 
Published: January 2016

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This is becouse the stock price is volatile and unpredictable. Stock price are influenced by many factors stemming from internal and external compinies. Company performance factor s<span style="mso-spacerun: yes;"> </span>was<span style="mso-spacerun: yes;"> </span>important information for investors to make good decision.<span style="mso-spacerun: yes;"> </span>This<span style="mso-spacerun: yes;"> </span>study<span style="mso-spacerun: yes;"> </span>aims to investigate<span style="mso-spacerun: yes;"> </span>value relevance of accounting information (earning per share, book value and cash flow). Better quality will increase value relevance of earning,<span style="mso-spacerun: yes;"> </span>book value and cash flow . Using financial data of food and beverage companies listed<span style="mso-spacerun: yes;"> </span>in Jakarta Stock Exchage<span style="mso-spacerun: yes;"> </span>from periode 2007<span style="mso-spacerun: yes;"> </span>to 2009.<span style="mso-spacerun: yes;"> </span>The study find<span style="mso-spacerun: yes;"> </span>that stock price is influenced by earning, book value and cash flow.<span style="mso-spacerun: yes;"> </span>Earning, book value and cash flow s influence appear to be value relevant.</span></p> <p class="MsoNormal" style="margin-bottom: .0001pt; line-height: normal;"><span style="font-size: 12.0pt; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-ansi-language: EN-US;"> </span></p><br /><div id="_mcePaste" class="mcePaste" style="position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;"><p class="MsoNormal" style="margin-bottom: .0001pt; text-align: justify; line-height: normal;"><span style="font-size: 12.0pt; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;" lang="IN">nvestment through the capital market, particularly in the form of shares in addition to promising results are also risky. This is becouse the stock price is volatile and unpredictable. Stock price are influenced by many factors stemming from internal and external compinies. Company performance factor s<span style="mso-spacerun: yes;"> </span>was<span style="mso-spacerun: yes;"> </span>important information for investors to make good decision.<span style="mso-spacerun: yes;"> </span>This<span style="mso-spacerun: yes;"> </span>study<span style="mso-spacerun: yes;"> </span>aims to investigate<span style="mso-spacerun: yes;"> </span>value relevance of accounting information (earning per share, book value and cash flow). Better quality will increase value relevance of earning,<span style="mso-spacerun: yes;"> </span>book value and cash flow . Using financial data of food and beverage companies listed<span style="mso-spacerun: yes;"> </span>in Jakarta Stock Exchage<span style="mso-spacerun: yes;"> </span>from periode 2007<span style="mso-spacerun: yes;"> </span>to 2009.<span style="mso-spacerun: yes;"> </span>The study find<span style="mso-spacerun: yes;"> </span>that stock price is influenced by earning, book value and cash flow.<span style="mso-spacerun: yes;"> </span>Earning, book value and cash flow s influence appear to be value relevant.</span></p> <p class="MsoNormal" style="margin-bottom: .0001pt; line-height: normal;"><span style="font-size: 12.0pt; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-ansi-language: EN-US;"> </span></p> <p class="MsoNormal" style="margin-bottom: .0001pt; line-height: normal;"><span style="font-size: 12.0pt; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;" lang="IN">Keywords: value relevance, earnings, book value, cash flow</span></p> <p class="MsoNormal" style="margin-bottom: .0001pt; line-height: 150%;"><span style="font-size: 12.0pt; line-height: 150%; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;" lang="IN"> </span></p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves /> <w:TrackFormatting /> <w:PunctuationKerning /> <w:ValidateAgainstSchemas /> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF /> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables /> <w:SnapToGridInCell /> <w:WrapTextWithPunct /> <w:UseAsianBreakRules /> <w:DontGrowAutofit /> <w:SplitPgBreakAndParaMark /> <w:DontVertAlignCellWithSp /> <w:DontBreakConstrainedForcedTables /> <w:DontVertAlignInTxbx /> <w:Word11KerningPairs /> <w:CachedColBalance /> </w:Compatibility> <m:mathPr> <m:mathFont m:val="Cambria Math" /> <m:brkBin m:val="before" /> <m:brkBinSub m:val=" " /> <m:smallFrac m:val="off" /> <m:dispDef /> <m:lMargin m:val="0" /> <m:rMargin m:val="0" /> <m:defJc m:val="centerGroup" /> <m:wrapIndent m:val="1440" /> <m:intLim m:val="subSup" /> <m:naryLim m:val="undOvr" /> </m:mathPr></w:WordDocument> </xml><![endif]--> <p class="MsoNormal" style="margin-bottom: .0001pt; text-align: justify; line-height: normal;"><span style="font-size: 12.0pt; font-family: &quot;Times New Roman&quot;,&quot;serif&quot;;" lang="IN">Investment through the capital market, particularly in the form of shares in addition to promising results are also risky. 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