ANALYSIS OF THE INFLUENCE OF OPERATING CASH FLOWS, DEBT TAX LOADS, AS WELL AS LISTED LEVELS ON PROFIT PERSISTENCY WITH SALES VOLATILITY AS MODERATING VARIABLES IN MANUFACTURING COMPANIES REGISTERED IN THE EXCHANGE OF PROFITS WITH SALES VOLATILITY AS MO
This study aims to analyze operating cash flow, deferred tax expense, and debt levels that affect earnings persistence with sales volatility as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange for the period of 2016-2018. The population in this study amounted to 132 companies using a purposive sampling method obtained a sample of 34 data. Data testing methods used are multiple linear regression analysis and moderating analysis. The results of this study indicate that partially, the operating cash flow variable does not have a significant effect on earnings persistence, the deferred tax expense variable partially has a significant effect on earnings persistence, and the debt level variable also has a significant effect on earnings persistence. Sales volatility is able to moderate the influence of operating cash flow, deferred tax expense, and the level of debt to earnings persistence.
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