Open AccessEffect of Debt Level, Operating Cash Flow, Sales Volatility and Managerial Ownership on Earning Persistence
Author(s) -
Keumala Hayati,
Jelita Jelita,
F. F. Wilson
Publication year - 2021
Publication title -
international journal of research and review
Language(s) - English
Resource type - Journals
eISSN - 2454-2237
pISSN - 2349-9788
DOI - 10.52403/ijrr.20210854
Subject(s) - stock exchange , business , real estate , real estate investment trust , earnings per share , cash flow , debt , volatility (finance) , monetary economics , financial system , economics , finance
This study aims to examine the variables of debt level, operating cash flow, sales volatility and managerial ownership on earnings persistence in Property & Real Estate Sector Companies listed on the Indonesia Stock Exchange in 2017-2020. The research method used in this study is the method quantitative research. The sample was taken using a purposive sampling technique where the population was 63 companies and a sample that met the specified criteria was 11 companies listed on the Indonesia Stock Exchange in 2017-2020. The statistical analysis used in this study was multiple linear regression analysis. The results of this study indicate that debt level has no significant effect on earnings persistence in Property & Real Estate Sector Companies on the Indonesia Stock Exchange in 2017-2020. Operating cash flow has a positive and significant effect on earnings persistence in Property & Real Estate Sector Companies on the Indonesia Stock Exchange in 2017-2020. Sales volatility has a negative and significant effect on earnings persistence in Property & Real Estate Sector Companies on the Indonesia Stock Exchange in 2017-2020. Managerial ownership has no significant effect on earnings persistence in Property & Real Estate Sector Companies on the Indonesia Stock Exchange in 2017-2020.Keywords: Debt Level, Operating Cash Flow, Sales Volatility, Managerial Ownership, Earnings Persistence.