THE INFLUENCE OF TAX PLANNING AND PROFITABILITY ON COMPANY VALUE IN MANUFACTURING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE IN 2020-2023
DOI:
https://doi.org/10.61167/mnk.v2i4.167Keywords:
Tax planning, Profitability, Company ValueAbstract
This research aims to determine the effect of tax planning and profitability on company value in manufacturing companies listed on the Indonesian Stock Exchange by publishing financial reports and annual reports for the 2020-2023 period. The type of research used is quantitative research. The sampling technique is carried out using techniques purposive sampling. So the sample obtained was 60 manufacturing companies listed on the Indonesia Stock Exchange with a total of 60 companies observing data for 4 years of observation, namely 240 companies. This type of data source uses secondary data taken through website official www.idx.co.id. The data analysis technique used in this research is multiple linear regression analysis with tools software SPSS 23. The results of this study indicate that tax planning has no significant effect on company value and profitability has a significant effect on company value and tax planning and profitability together have a significant effect on company value.
References
Brigham, E. F., & Ehrhardt, M. C. (2017). Financial Management: Theory and Practice. Cengage Learning.
Darussalam, Dany. 2010. "International Tax Application Concept". Jakarta: Danny Darussalam Tax Center
Handayani,"Methodology Social Research,” in Trussmedia Graphics, 2020.
Power. (2016). Financial Report Analysis. Jakarta: PT Gracido.
Jensen, M. C and Meckling, W.H. 1976. “Theory of the Firm : Managerial Behavior,Agency Costs and Ownership Structure”. Journal of Financial Economics,October, 1976, V. 3, no. 4, pp. 305-3
Kusumanegara, I., Syafitri, Y., & Armereo, C. (2023). The Influence of Tax Planning, Profitability on Company Value in Food and Beverage Subsector Companies on the IDX. Balance Sheet Journal: Journal of Education and Economics Accountancy, 7(2), 178–188. https://doi.org/10.31851/neraca.v7i2.13319
Margono, F. P., & Gantino, R. (2021). The influence of firm size, leverage, profitability, and dividend policy on firm value of companies in indonesia stock exchange. Copernican Journal of Finance & Accounting, 10(2), 45-61.
Nadiyasari, & Gantino. (2021). Comparison of the Effect of Leverage Profitability and Company Growth on Company Value (Mining Sub-Sector New Bara And Sub Sector Crude Oil and Natural Gas Mining). Indonesian Journal Accounting, 2 No.2, 97–109.
Nashar, M., Tartilla, N., & Wahyuni Rossa Putri, W. (2022). The Influence of Tax Planning, Profitability, and Liquidity on Company Value with Bod Diversity as a Moderating Variable. Solution, 20(3), 290. https://doi.org/10.26623/slsi.v20i3.5062.
Utami, N. N. (2020). The influence of tax planning and profitability on the value of mining companies listed on the Indonesian Stock Exchange (BEI).
Sudrajat, J., & Setiyawati, H. (2021). Role of Firm Size and Profitability on Capital Structures and Its Impact Over Firm Value. 2(1). https://doi.org/10.38035/dijefa.v2i1
Sugiyono,"Methodology Quantitative and Qualitative Research and R&D.,” in THE ALPHABET, 2019, p. 19.
Sujarweni, V. (2018). Village-Based MSME Financial Literacy. MONEX Journal, 7, 305-311.
www.idx.co.id
