This study aims to analyze the effect of Operating Cash Flow, Investment Cash Flow, Funding Cash Flow, and Company Size on Stock Returns in companies listed on the Kompas100 Index of the Indonesia Stock Exchange (IDX) for the period 2020-2024. The approach to this research is quantitative using secondary data in the form of the company's annual financial reports. The study population includes all permanent companies that are members of Kompas100 during that period. The sample was determined using the purposive sampling method based on the criteria: the company remains listed on Kompas100 during the period 2020-2024, consistently publishes annual reports, and presents complete data related to the research variables. Data processing was carried out using multiple regression analysis techniques using IBM SPSS Statistics version 27.0. The results of the analysis show that Operating Cash Flow, Investment Cash Flow, Funding Cash Flow, and Company Size have a positive effect on Stock Returns. This finding provides strategic implications for companies to improve the performance of operating cash flow, investment, and funding, as well as increase the size of the company in order to attract investor interest. For investors, the results of this study can be a reference in making investment decisions, especially in shares of companies that have good financial performance and company size, considering that all of these variables have been proven to have a positive effect on stock returns.
Ramadhani et al. (Tue,) studied this question.