Impact of accounting information on stock price of food & beverage companies listed in Indonesia stock exchange for period 2006-2012
This study aims to explain the impact of accounting information consist of earning per share, book value per share, total asset, leverage, and operating cash flow, to stock price. This study uses 12 of 16 food & beverages sub-sector companies listed in Indonesia Stock Exchange for period 2006-2012 as samples. The panel data is analyzed using Pooled Ordinary Least Square (OLS) method. The result of this study found that as simultaneously there is significant effect (impact) of earning per share, book value per share, total assets, leverage, and operating cash flow, to stock price. However, as partially only earning per share that has positive and significant effect to stock price, while the other independent variables do not have significant effect to stock price. In other words, it can be concluded that earning per share has value relevance to the stock price.
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