Jurnal Ekonomi
Vol. 12 No. 01 (2023): Jurnal Ekonomi, 2023 Periode Januari - Maret

THE EFFECT OF SALES VOLATILITY, OPERATING CASH FLOW VOLATILITY AND DEBT LEVEL ON EARNINGS PERSISTENCE

Vita Ayu Rosita (Economics And Business Faculty Universitas Stikubank Semarang)
Ceacilia Srimindarti (Economics And Business Faculty Universitas Stikubank Semarang)



Article Info

Publish Date
23 Feb 2023

Abstract

This study's objective is to examine the effect of sales volatility, operational cash flow volatility, and debt levels on profit persistence for consumer goods/consumer non-cyclicals manufacturing companies listed on the Indonesia Stock Exchange (IDX) between 2017 and 2021. This study's population was comprised of manufacturing firms that traded on the Indonesia Stock Exchange (IDX) between 2017 and 2021. 160 businesses were included in the study sample. For data collection, systematic sampling was used. Using multiple linear regression analysis, the data were collected and interpreted. The findings of this study indicate that although sales volatility reduces profit persistence significantly, debt levels increase it significantly. The stability of revenue is unaffected by variation.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...