Free Cash Flow of Telecommunications Companies in Indonesia

Authors

  • Amran Manurung Faculty of Economics and Business, HKBP Nommensen University, Medan, Indonesia
  • Adler Haymans Manurung Professor of Capital Markets and Banks, Bhayangkara University, Jakarta Raya, Indonesia
  • Gerry Manurung Doctoral Student of Management, Bhayangkara University, Jakarta Raya, Indonesia
  • Lukman Hakim Sangapan Doctoral Student of Management, Bhayangkara University, Jakarta Raya, Indonesia
  • Gerson Manurung Doctoral Student of Management, Bhayangkara University, Jakarta Raya, Indonesia
  • Jerry Marmen Simanjuntak Veteran National Development University, Jakarta, Indonesia

DOI:

https://doi.org/10.22225/jj.12.2.2025.258-268

Keywords:

Net Cash Flow, Telecommunications Oil Price, Interest Rate, COVID-19

Abstract

The study aims to investigate the variables that affect the cash flow of telecommunications companies on the Indonesia Stock Exchange. This study uses annual data from 2016 to 2024 and a panel data model. The results of this study state that the Company's fundamental factors are represented by the Company's investment value and the oil price and interest rate variables, and the COVID-19 period significantly affect the Company's Net Cash Flow. The Company's management must manage these internal and external factors so that the Company's net cash flow is controlled.

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Published

2025-09-29

How to Cite

Manurung, A., Manurung, A. H., Manurung, G., Sangapan, L. H., Manurung, G., & Simanjuntak, J. M. (2025). Free Cash Flow of Telecommunications Companies in Indonesia. Jurnal Ekonomi Dan Bisnis Jagaditha, 12(2), 258–268. https://doi.org/10.22225/jj.12.2.2025.258-268

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