The Study of Informative Value of the Operating Cash Flow, Current and Noncurrent Accruals and Stock Market Value in the Capital Market of Iran

2015 ◽  
Vol 5 (1) ◽  
pp. 54
Author(s):  
Jamal Barzegari Khanghah ◽  
Mahmood Moeinaldin ◽  
Maryam Norouzi
2021 ◽  
Vol 20 (1) ◽  
pp. 28-37
Author(s):  
Putu Kepramareni ◽  
Sagung Oka Pradnyawati ◽  
Made Ardinda Rika Pratiwi

Companies in carrying out their activities need funds or capital obtained through the money market and the capital market. The capital market allows investors to have various investment options according to their risk preferences where companies can issue financial instruments in the capital market to obtain funds. This is one of the functions of the capital market which facilitates the transfer of funds from parties of surplus to parties in need of funds. One of the related financial instruments in the market is a fund is a drawback. Eligibility for a withdrawal can be seen through an independent body that can rate the resignation. There are several factors that can influence your resignation. According to (Syaifullah & Soemantri, 2016), income and profitability have a positive effect on negotiations but are different from Susilowati and Sumarto (2010) who found that profitability and operating profit have no effect on negotiating research results on the influence of profit, operating cash flow and leverage on negotiations were also found. in research conducted by Adrian (2010), (Estiyanti & Yasa, 2012) and Sihombing and Rachmawati (2015). This study aims to obtain empirical evidence regarding the effect of profit on, operating profit, operating cash flow, leverage and profitability as some of the factors that influence bargaining. The population in this study are companies that publish and are listed on the IDX in 2017-2019. The sampling method used in this study was purposive sampling. Logistic regression is used to test the hypothesis. The results showed that profitability had a positive effect on approval. Meanwhile, profit profit, operating profit flow, operating flow and leverage have no effect on resignation.  


Author(s):  
María Pache-Durán ◽  
Esteban Pérez-Calderón ◽  
Patricia Milanés-Montero

This chapter reveals the extent to which the companies with the best eco-efficiency indicators have found their market value positively or adversely affected. The authors will analyze whether one of the main stakeholders in business attitude and activity towards the environment (i.e., capital markets) are rewarding companies for their excellent eco-efficiency performance. The chapter will be explicitly examining the hypothesis that a higher degree of eco-efficiency is associated with a greater recognition by the stock market. The study sample will comprise a data panel from European companies indexed in the DJSWI for the years ranging from 2011-2015. The findings obtained indicate that the capital markets are giving recognition to the European companies that achieve greater eco-efficiency levels where emissions are concerned. The previous behavior will be rewarded by the capital market, which can contribute to improving its reputation, reducing its financing costs and generating wealth for its shareholders.


2020 ◽  
Vol 5 (3) ◽  
Author(s):  
Ahmad Ulil Albab Al Umar ◽  
Herninda Pitaloka ◽  
Eka Resmi Hartati ◽  
Dessy Fitria

This research aims to analyses the economic impact of the COVID 19 outbreak toward the stock market in Indonesia. This research is a quantitative descriptive study by collecting various sources from journals and current case studies about COVID 19 outbreak. The technique of collecting data uses quotations and related news. The results in this study are COVID-19 pandemic outbreak has a pretty bad impact on the capital market, where the occurrence of this pandemic has affected many investors in making investment actions that are very influential on the Stock Market.  


2014 ◽  
Vol 1078 ◽  
pp. 444-447
Author(s):  
Zhan Xin Ma ◽  
En Yang Zhao ◽  
Xi Ming Lv ◽  
Zhi Min Ma

As a barometer of the macroeconomic of a country and an important part of the capital market, stock market has attracted increasing and highlighted attention. As is well-known, Chinese stock market is known as 'policy market', however, the issue about whether the stock market is really influenced by these policies is always an important and hot topic. In this paper, by using generalized data envelopment analysis, an analysis on the effect of the new policies carried out in May 2012 is provided based on closing price, Tobin Q, circulation market value, turnover rate, and return on assets. Based on the above results, it can show the effect of stock market policies on Chinese Economy.


2015 ◽  
Vol 07 (03) ◽  
pp. 36-45
Author(s):  
Jing WAN

The Stock Connect scheme launched on 17 November 2014 was the first mutual market access between mainland China and Hong Kong stock markets. It is the biggest move ever in the opening up of the capital market. Experiences accumulated will be of great value to mainland regulators who will decide on how these experiences could be utilised for China’s future opening up of its capital markets and for accelerating renminbi internationalisation.


2005 ◽  
Vol 80 (1) ◽  
pp. 1-20 ◽  
Author(s):  
Sanjeev Bhojraj ◽  
Robert Libby

We examine the effects of increased capital market pressure and disclosure frequency-induced earnings/cash flow conflict on myopic behavior. In our experiments, experienced financial managers choose between projects where a conflict exists between near-term earnings and total cash flow. Managers more often choose projects that they believe will maximize short-term earnings (and price) as opposed to total cash flows in response to increased capital market pressure resulting from a pending stock issuance, holding constant agency frictions and other stock market pressures. When faced with increased capital market pressure, changes in disclosure frequency cause managers to behave more or less myopically depending on the impact of the change on the pattern of earnings and the resulting earnings/cash flow conflict. Our study provides insights into managers' beliefs about stock market pressures, mandatory reporting, and the availability of alternative communications channels, and contributes to literature on managerial myopia and earnings management, as well as current debates over disclosure frequency.


Author(s):  
Suharmadi SUHARMADI ◽  
Suripto SURIPTO

The purpose of this study was to examine the effect of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) on Stock Returns. Samples used in the study were 22 of LQ-45 index companies listed on the Indonesia Stock Exchange. This study uses multiple linear regression analysis, with partial hypothesis test (t test), simultaneous test (f test), and coefficient of determination (adjusted R). The results of this research indicate that there is an influence from the variable influence of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) ) towards Stock Return. This is because the company is able to create good performance so that investors can invest in the company.


2018 ◽  
Vol 4 (2) ◽  
pp. 145
Author(s):  
Muhammad Abdul Ghoni

Abstract: Islamic teaching that is a straight path but not a rigid religion, it is a line-giver to the problems encountered by humans in the course of their lives. Muslims should have a concept that contains a way of life to face the development and progress of the times with various problems. One area that is always warm to talk about is the economy. This problem is getting wider, more varied and more complex. It is not uncommon to find it complicated, especially when confronted with Islamic law. One of them is about the capital market. This journal tries to examine from the perspective of jurisprudence about the jala of the existing capital markets. If we look at the system of stock bidding mechanisms in the capital market, it will be clear that there is a similarity with the capital system contained in the conception of Islamic fiqh, known as mudharabah or qirodh. It is seen from the investors, executors, the nature of capital, capital, and profit sharing of the same shape. Thus, the system of buying and selling of shares in the stock market is clearly visible equation with mudharabah in Islamic jurisprudence.


2016 ◽  
Vol 6 (2) ◽  
pp. 1
Author(s):  
Agus Suharsono ◽  
Aryo Wibisono

In a stock exchange in the capital market, the most in demand by investors is stocks. Shares are securities which shows the ownership of the company, so that shareholders have the right to a dividend or other distribution of profit sharing as well as by the company to its shareholders. The capital market is an indicator of economic progress and support the economy of a country. In this decade, the stock market has experienced rapid development due to pressure from technological change, liberalization and globalization. These changes affect the behavior of the capital markets and cause long-term balance and improving the relations between the world's capital markets. Otherwise interconnected capital markets if the two separate markets have the same movement and the correlation between the movement of the index. Capital markets in the region are likely to have the same movement and the effects of contagion (contagion effect) is high (1). During the observation period, October 2015 to March 2016, there was a phenomenon in which IHSG is not always the same and has a correlation with the movement of world stock market indices. It is also supported by the differences found in the results of some previous studies. The purpose of this study was to determine the relationship between stocks bluechip : Astra International Tbk (ASII), Unilever Indonesia Tbk (UNVR), Astra Agro Lestari Tbk (AALI), Bank Rakyat Indonesia Agroniaga (AGRO) and Bank Rakyat Indonesia (BRI ). The analytical method used in this study is Multivariate Time Series, especially Vector Autoregression (VAR). The results of this study with the model produces the best model VAR (2), AGRO = 11.56 - 4.03*ASII(-1) - 4.40*ASII(-2) + 3.76*UNVR(-1) + 1.27*UNVR(-2) + 1.38*AALI(-1) + 2.54*AALI(-2) + 0.73*AGRO(-1) + 0.14*AGRO(-2) + 5.40*BRI(-1) - 1.34*BRI(-2). The value of AIC (Akaike Information Criterion) = 4.47 Keywords: BLUE CHIP, Stock Price, VAR.


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