Pengaruh Volatilitas Arus Kas, Besaran Akrual, dan Tingkat Hutang terhadap Persistensi Laba (Studi Empiris pada Perusahaan Manufaktur Subsektor Aneka Industri yang terdaftar di Bursa Efek Indonesia Periode 2013-2015)

Abstract

This study aims to determine how the effect of cash flow volatility, the amount of accruals, and the level of debt to earnings persistence in manufacturing companies subsector miscellaneous industries listed in Indonesia Stock Exchange period 2013-2015. Factors tested in this study are the volatility of cash flows, the amount of accruals, and the level of debt as an independent variable. While the profit persistence as a dependent variable. Research method used in this research is descriptive research method and verifikatif. Population in this research is manufacturing company sub sector miscellaneous industry which listed in Indonesia Stock Exchange period 2013-2015 which amounts to 45 companies. While the sampling technique used in this study is non probability sampling with purposive sampling method, so the number of samples in this study amounted to 31 companies. While the data analysis used in this study is multiple linear regression analysis at significance level of 5%. The program used in analyzing data using SPSS 23.00. The results showed that the volatility of cash flows and the amount of accruals influential negatif and significant to the persistence of profit, while the level of debt has a positive and significant effect to the persistence of profit. In addition, the results of the study also showed that the magnitude of the effect of cash flow volatility, the amount of accruals, and the level of debt in contributing influence on the profit persistence of 78.0%.