The Influence Of Tax Planning, Earning Growth, Asset Management, And Good Corporate Governance On Company Value

Arhayu Lik,anatus Sholikah, Sri Andriani

Abstract


This study aims to examine the effect of tax planning, earning growth, asset management and good corporate governance on firm value. The sample in this study were companies listed jakarta Islamic Indeks (JII) that have been listed on the Indonesia Stock Exchange (IDX) in 2017-2020, based on the purposive sampling method obtained 17 companies. In this study the data were processed using SPSS with multiple linear regression. The method of testing the hypothesis uses a significance level of 5%. The result showed the tax planning variable is calculated by ETR and BTD has a negative effect on firm value. Earning growth has a positive effect on firm value. Asset management has a positive effect on firm value. Good corporate governance has no effect on firm value.

Keywords


Tax planning, Earning Growth, Asset Management, Good Corporate Governance, Firm Value

Full Text:

PDF

References


Adil, M. (2022). Accountability and Transparency in the Public and Private Sector. International Journal Of Humanities Education and Social Sciences (IJHESS), 1(6).

Adiningrat, A. A., Ruhayu, Y., Rustan, R., Wahyuni, S., & Fitrianti, A. N. (2022). The Effect of Financial Literature and Islamic Work Motivation on the Performance of Food Micro, Small and Business Enterprises (MSMEs) in Makassar City. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 5(4), 30836-30845.

Adiningrat, A. A., & Warda, W. (2023). The Development of Intensity Model on Technopreneurship to Improve Turnover in Micro, Small and Medium Enterprises (MSMEs) Culinary in Makassar, Indonesia. International Journal of Economics Development Research (IJEDR), 4(2), 218-228.

Abdi, M. N., Suarni, A., & Arham, A. (2022). Analisis Kepailitan Perusahaan Yang Tercatat di BEI Sub Sektor Telekomunikasi. Jurnal Multidisiplin Madani, 2(6), 2705-2716.

Arman, A. (2021). Analysis of Motor Vehicle Tax Revenues before and after the Tax Kring. Point of View Research Accounting and Auditing, 2(2), 144-149.

Arman, A., & Mira, M. (2021). Does Tax Avoidance Make Do Earning Opacity?. Atestasi: Jurnal Ilmiah Akuntansi, 4(1), 88-95.

Arman, A., Mira, M., Masrullah, M., Agustan, A., Firmansyah, F., & Aditya, R. (2023). Financial Literacy and Assistance in Compiling Independent Financial Reports Using Expense IQ Money Manager. Technium Sustainability, 4, 7-12.

Arsal, M. (2021). Impact of earnings per share and dividend per share on firm value. ATESTASI: Jurnal Ilmiah Akuntansi, 4(1), 11-18.

Arsal, M., & Arsal, D. (2019, August). Urban forest and financial resources perspective in Indonesia. In IOP Conference Series: Materials Science and Engineering (Vol. 593, No. 1, p. 012006). IOP Publishing.

Arsal, M., HAMID, N. I. N. B. A., Arsal, R., & Basri, M. (2014). Consumer Behavior of the Islamic banking. International Journal of Science Commerce and Humanities, 59-64.

Arniati, A., Arsal, M., Akhmad, A., Asdar, A., & Adiningrat, A. A. (2020). Impression of Student Knowledge on Decisions Become a Customer of Islamic Banks. International Journal of Business Economics (IJBE), 1(2), 145-152.

Hutagaluh, O., Rustam, A., Sangadji, S. S., Baharuddin, I., & Kurniullah, A. Z. (2020). Responsive Leadership in Preventing Transmission of Covid-19 in the Indonesia-Malaysia Border Area.

RUM, M., ARSAL, M., KHALID, A., & AWALUDDIN, M. (2023). The Distribution of Tax Collectability, Quality of Tax Services Efforts to Tax Coverage Ratio. 유통과학연구 (JDS), 21(6), 107-117.

Rustan, R., Adiningrat, A. A., & Aisyah, S. (2023). Optimizing of Resources Utilization Through Islamic Spiritual Entrepreneurship to Improve The Welfare of Coastal Communities. International Journal of Economics Development Research (IJEDR), 4(2), 170-180.

Rustan, S. A., Aisyah, S., Adiningrat, A. A., Rustam, A., & Anggoro, M. Y. A. R. (2022). Strengthening Of Marketing Information Systems and Accounting Information Systems for Micro Small and Medium Enterprises (UMKM) Food Culinary Makassar. Budapest International Research and Critics Institute-Journal (BIRCI-Journal), 5(4), 30580-30585.

Suarni, A., & Amelia, R. (2023). Analysis of Mosque Financial Management in Ujung Bulu District, Bulukumba Regency, South Sulawesi, Indonesia. Public Sector Management and Accounting Research, 2(2), 10-22.

Adrian, S. (2012). Good Corporate Governance. Sinar Grafika.

Apsari, L., & Setiawan, P. E. (2018). Pengaruh Tax Avoidance terhadap Nilai Perusahaan dengan Kebijakan Dividen sebagai Variabel Moderasi Fakultas Ekonomi dan Bisnis Universitas Udayana ( Unud ), Bali , Indonesia. 23, 1765–1790.

Arthur J. Keown. (2010). Basic Financial Management, Diterjemahkan oleh Chaerul D. Djakman (10th ed.). Salemba Empat.

Boediono, Gideon, S. (2005). Kualitas Laba: Studi Pengaruh Mekanisme. Corporate Governance, September, 15–16.

Brigham, E. F. dan J. F. H. (2010). Dasar-dasar Manajemen Keuangan. Salemba Empat.

Brigham, E. F. dan J. F. H. (2012). Dasar-dasar Manajemen keuangan (11th ed.). Salemba Empat.

Chen, S., Chen, X., Cheng, Q., & Shevlin, T. (2010). Are family firms more tax aggressive than non-family firms? Journal of Financial Economics, 95(1), 41–61. https://doi.org/10.1016/j.jfineco.2009.02.003

Clotfelter, C. T. (1983). Tax Evasion and Tax Rates: An Analysis of Individual Returns The Review of Economics and Statistics VOL. LXV AUGUST 1983 NUMBER 3 TAX EVASION AND TAX RATES: AN ANALYSIS OF INDIVIDUAL RETURNS. Source: The Review of Economics and Statistics, 65(3), 363–373.

Crumbley, D. Larry., Friedman, Jack P., Anders, S. B. (1994). Dictionary of Tax Terms. Barron’s Bussiness Guides.

Feriyanti, N., Ratelangi, C., & Lahya, I. . (2021). Pengaruh Perencanaan Pajak dan Tax Avoidance Terhadap Nilai Perusahaan. Jurnal Ilmu Akuntansi Mulawarman, 6(2).

Ghozali, I. (2013). Aplikasi analisis Multivariate dengan Program IMB SPSS 21 Updare PLS Regresi. Badan Penerbit Universita Diponegoro.

Herawati, H., & Ekawati, D. (2016). Pengaruh Perencanaan Pajak Terhadap Nilai Perusahaan (The Effect of Tax Planning on Firm Value). Jurnal Riset Akuntansi Dan Keuangan, 4(1), 873–884.

Hery. (2017). Analisis Laporan Keuangan (Intergrated and Comprehensive edition). Grasindo.

Irawan, F; Talpia, L. (2021). the Effect of Leverage, Firm Size, Earnings Growth, and Earning Persistence on Earning Response Coefficient. 25(1), 41.

Istiqomah, S., Maslichah, M. H., & ... (2017). Pengaruh Good Corporate Governance Terhadap Hubungan Manajemen Laba Dengan Nilai Perusahaan (Studi Empiris Perusahaan Manufaktur Yang Terdaftar Di …. Jurnal Ilmiah Riset …, 108–120. http://www.riset.unisma.ac.id/index.php/jra/article/view/340

Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm : Managerial Behavior , Agency Costs and Ownership Structure Related papers. Journal of Financial Economics, 3(4), 305–360. http://hupress.harvard.edu/catalog/JENTHF.html%0AAlso

Kiabel, B. D., & Cletus, O. A. (2014). Tax Planning and Corporate Governance in Nigerian Banks. European Journal of Business and Management, 6(19), 235–243.

Laksmita, K. A., Sumadi, N. K., & Karyada, I. P. F. (2020). Pengaruh Likuiditas dan Leverage Terhadap Kinerja Keuangan Perusahaan dengan Manajemen Aset Sebagai Variabel Pemoderasi (Studi Empiris Sektor Perdagangan dan Jasa Non Keuangan yang Terdaftar di Bursa Efek Indonesia Periode 2016-2018). Hita Akuntansi Dan Keuangan Universitas Hindu Indonesia, 1(2), 1–28.

Lyons, S. M. (1996). International Tax Glossary (3rd ed.). IBFD Publications BV.

Ng, S, Daromes, F. E. (2018). Peran Kepemilikan Manajerial Sebagai Mekanisme Peningkatan Kualitas Laba Dan Nilai Perusahaan. BALANCE: Jurnal Akuntansi, Auditing Dan Keuangan, 15(2), 144–161. https://doi.org/10.25170/balance.v15i2.80

Pertiwi, T. K., & Pratama, F. M. I. (2011). Pengaruh Kinerja Keuangan, Good Corporate Governance Terhadap Nilai Perusahaan Food and Beverage. Jurnal Manajemen Dan Kewirausahaan, 14(2). https://doi.org/10.9744/jmk.14.2.118-127

Putri, F. K., Rikumahu, B., & Aminah, W. (2018). Kebijakan Hutang, Profitablitas, Dan Manajemen Aset Terhadap Nilai Perusahaan. Jurnal Riset Akuntansi Kontemporer, 10(2), 80–89. https://doi.org/10.23969/jrak.v10i2.1371

Rahayu, L. P. A. K. (2015). Pengaruh Ukuran Perusahaan Dan Risiko Gagal Bayar Pada Koefisien Respon Laba. E-Jurnal Akuntansi, 13(2), 665–684.

Rizki, F., & Ikhsan, A. E. (2018). Pengaruh Rasio Aktivitas, Risiko Sistemati, Dan Tingkat Kepemilikan Saham Terhadap Internet Financial Reporting (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2011-2015). Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi, 3(3), 443–458.

Suak, M., Sondakh, J. J., Gamaliel, H., Studi, P., & Akuntansi, M. (2021). Effect of Tax Planning, Earnings Growth, Asset Management, and Sticky Costs on Firm Value (Study on Property and Real Estate Companies Listed on the Indonesia Stock Exchange in 2016-2019). Jurnal Riset Akuntansi Dan Auditing "GOODWILL, 12(2), 142–152.

Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Alfabeta.

Utami, W. B. (2017). Analysis of Current Ratio Changes Effect, Asset Ratio Debt, Total Asset Turnover, Return On Asset, And Price Earning Ratio In Predictinggrowth Income By Considering Corporate Size In The Company Joined In LQ45 Index Year 2013 -2016. International Journal of Economics, Business and Accounting Research (IJEBAR), 1(01). https://doi.org/10.29040/ijebar.v1i01.253

Wardani dewi kusuma, Anita, P., & Srimpi, M. yuliani. (2020). Pengaruh Tax Planning Terhadap Nilai Perusahaan Dengan Corporate Governance Sebagai Variabel Moderasi. Angewandte Chemie International Edition, 6(11), 951–952., 4(April), 39–47.




DOI: https://doi.org/10.26618/jrp.v5i1.7503

Refbacks

  • There are currently no refbacks.


Bookmark and Share


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

View My Stats

Flag Counter