The Effect of Tax Avoidanceon Company ValueWith Managerial Ownership as a Moderation Variable in Manufacturing Companies

The Effect of Tax Avoidanceon Company ValueWith Managerial Ownership as a Moderation Variable in Manufacturing Companies

Tax, Value, Managerial

This study aims to determine and analyze the effect of tax avoidance on company value, as well as analyze whether managerial ownership can be a moderation variable in the relationship of tax avoidance to company value in manufacturing companies on the Indonesia Stock Exchange (IDX). This research is a comparative casual research with a quantitative approach. The sample in this study is manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2018-2022. The population in this study amounted to228 companies. Sample selection using purposive sampling techniques and obtained samples from 32 companies with 5 years of observation so that 160 research data were obtained. The method of testing the hypothesis in this study uses a panel data regressionmodel with a Fixed Effect Model approach and for testing moderation variables using a Moderated Regression Analysis (MRA) model. Data analysis of both models used version 12 of the Eviews program. The results showed that 1) tax avoidance has a positive and significant effect on company value, 2) managerial ownership is unable to moderate (weaken) the effect of tax avoidance on company value.

Aisyah Amini1*, Azizul Kholis2, Arfan Ikhsan3

https://dinastipub.org/DIJEFA/article/view/2725/1767

Universitas NegeriMedan

06June2024

aminiaisyah528@gmail.com

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