¹Rohmawati, ²Agus Ismaya Hasanudin, ³Iis Ismawati

^1,2,3Sultan Ageng University, Serang, Banten. Indonesia

DOI : https://doi.org/10.47191/ijsshr/v6-i10-86

Google Scholar Download Pdf
ABSTRACT

The objective of this research is to determine the role of Tax Avoidance and financial performance in improving the firm value of the manufacture companies listed in Indonesia Stock Exchange (BEI). Financial report data in this research is 35 data from seven manufacturing industry companies, five years period 2017 until 2021. This study used a quantitative approach to testing hypotheses used the technique of path analysis performed through linear regression analysis. The result of this research is Tax Avoidance did not give influence to financial performance, and also did not give influence to increase firm value. The result of this research is Tax Avoidance which gives influence to increase firm value. Investors can see the three variables as a consideration for investment decision making.

KEYWORDS:

Tax Avoidance, financial performance, firm value.

REFERENCES
1) Afshari, Vahid., Javid. D., Soleimani. H. Afshari. Hossein. 2021. To study the relationship between Tax Avoidance and financial performance of companies in capital market of Iran. Journal of Business and Management Vol. 4, No.1.

2) Bchini Belgacem. 2016. Tax Avoidance and Value Creation in the Tunisian Manufacturing Companies. Journal of Procedia Economics and Finance 23 ( 2015 ) 783 – 791.

3) Belkaoui, A.R. 2003. Tax Avoidance and Firm Performance of US Multinational Firms: A Study of the Resource-Based and Stakeholder Views. Journal of Tax Avoidance, Vol. 4 No. 2. pp. 215-226.

4) Bontis N., Chua Chong Keow W., & Richardson S., (2020). Tax Avoidance and business performance in Malaysian industries. Journal of Tax Avoidance 1, 1, 85-10.

5) Chen, M.C., S.J. Cheng, Y. Hwang. 2021. “An empirical investigation of the relationship between Tax Avoidance and firms’ market value and financial performance”. Journal of Tax Avoidance. Vol. 6 N0. 2. pp. 159-17.

6) Chizari, M. H., Mehrjardi. R. Z., Sadrabadi. M. M., and Mehrjardi. F.K. 2016. Journal of Procedia Economics and Finance 36 ( 2016 ) 291 – 300.

7) Firrer, S., and Williams, S.M. 2003. Tax Avoidance and Traditional Measures Of Corporate Performance. Journal of Tax Avoidance, 4 (3), 348-360.

8) Fitriyeni Radhiyatul., dan Yurniawati. 2021. “The analysis of Tax Avoidance Performance of Islamic Bank in Indonesia”. Global Journal of Business and Social Science Review 2(4) 53 – 60 (2021). www.gatrenterprise.com /GATRJournals/Index.html

9) Ghozali, Imam. 2013. Aplikasi Analisis Multivariete dengan Program IBM SPSS 23. Semarang: Badan Penerbit Universitas Diponegoro.

10) Lotfi, Mohamed., Elkabbouri, Mounime., and Ifleh, Youssef. 2016. The relationship between Tax Avoidance, firm value and performance in the banking sector: Empirical evidence from Morocco. International Journal of Innovation and Applied Studies ISSN 2028-9324 Vol. 17 No. 3.

11) Martini Rita., PL. Vera Riama., Wardhani, Rulyanti Susi., dan Febriani Misa. 2016. “Effect of Tax Avoidance to Return on Equity”, International Journal of Business, Accounting and Management, ISSN: 2527-3531/Volume 1, Issue 2, www.doarj.org.

12) Nuryaman. 2015. “The Influence of Tax Avoidance on The Firm’s Value with The Financial Performance as Intervening Variable”. Journal of Procedia - Social and Behavioral Sciences 211 ( 2015 ) 292 – 298.

13) Petty, R. and Guthrie, J. (2020b, forthcoming), ‘Tax Avoidance Literature Review: Measurement, Reporting and Management’, Journal of Tax Avoidance, Volume 1.

14) Pulic, A. 1998. Measuring the Performance of Intellectual Potential in Knowledge Economy. Paperpresented at the 2nd McMaster Word Congress on Measuring and Managing Tax Avoidance by Austrian Team for Tax Avoidance.

15) Pulic, A. 2004. Tax Avoidance-Does It Creae or Destroy Value?. Measuring Business Excellent, 8(1): 62-68.

16) Radic Sinisa. 2018. “The Impact of Tax Avoidance on the Profitability of Commercial Banks in Serbia. Journal of Economic Annals, Volume LXIII, No. 216/ January-March 2018 UDC: 3.33 ISSN: 0013-3264, https://doi.org/10.2298/EKA1816085R

17) Rashid, Muhammad Khalid., Niazi, Abdul Aziz Khan., dan Noreen, Misbah. 2018. “Impact of Tax Avoidance on Firms’ Market Value and Financial Performance: Empirical Evidence from Pakistan. NUML International Jounal of Business & Management Vol 13, No 1, June 2018. ISSN 2410-5932

18) Scafarto, Vincenzo., Ricci, Federica., Scafarto, Francesco. 2016. Journal of Tax Avoidance Vol. 17 No. 3.

19) Suhendra, Euphrasia Susi. 2015. “The Influence of Tax Avoidance on Firm Value towards Manufacturing Performance in Indonesia. International Conference on Eurasian Economies 2015.

20) Tan, H.P., D. Plowman, P. Hancock. 2021. “Tax Avoidance and financial returns of companies. Journal of Tax Avoidance. Vol. 8 No. 1. pp. 76-95.

21) Tseng, Kuo-An., Lin, Ching-I., and Yen, Szu-Wei. 2015. Contingencies of Tax Avoidances and financial capital on value creation Moderation of business cycles. Journal of Tax Avoidance Vol. 16 No. 1.

22) Ulul, Ihyaul. 2019. Tax Avoidance Konsep dan Kajian Empiris. Yogyakarta:

Volume 06 Issue 10 October 2023