Open AccessPENGARUH PENGHINDARAN PAJAK DAN PERATAAN LABA, TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN HUTANG SEBAGAI VARIABEL PEMODERASI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Periode 2016 – 2018)
Author(s) -
Frenky Yosua Hangtuah,
Helmi Yazid,
Muhamad Taqi
Publication year - 2020
Publication title -
jurnal riset akuntansi tirtayasa/jurnal riset akuntansi tirtayasa
Language(s) - English
Resource type - Journals
eISSN - 2656-4726
pISSN - 2548-7078
DOI - 10.48181/jratirtayasa.v5i2.8987
Subject(s) - enterprise value , stock exchange , moderation , nonprobability sampling , business , business administration , smoothing , tax avoidance , intervening variable , economics , accounting , double taxation , finance , mathematics , statistics , population , demography , sociology
This study aims to determine the effect of tax avoidance and income smoothing on the firm value with a debt policy variable as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange which published financial statements for the period 2016-2018. By using purposive sampling technique, 243 company samples were obtained and analyzed using multiple linear regression. The results of this study indicate that (1) tax avoidance does not have a positive effect on firm value (2) Income smoothing has a positive effect on firm value (3) Debt policy as a moderating variable can strengthen the relationship between tax avoidance and firm value. (4) Debt policy as a moderating variable does not significantly strengthen the relationship between income smoothing and firm value.