HOW DO ACCOUNTING PROFIT, CASH FLOW AND RETURN ON ASSET AFFECT SHARE RETURNS? A STUDY AT FOOD AND BEVERAGES COMPANIES LISTED IN INDONESIA STOCK EXCHANGE

Abstract

This study aims to determine the effect of accounting profit, cash flow and Return On Assets on share return of food and beverage companies listed on the Indonesia Stock Exchange. The data used was the company's financial report that published from 2017-2020. The number of observations is 84 data and a sample of 21 companies from 30 food and beverages companies listed on the Indonesia Stock Exchange. The data analysis methods using multiple regression analysis. The results revealed that accounting profit, cash flow and Return on Assets have a significant effect on share return partially and simultaneously.