Effect of Tax Planning and Net Profit Margin on Firm Value in Plantation Company

Muhammad Imam Khairi Siregar, Isna Ardila

Abstract


This study aims to determine the effect of tax planning and net profit margin on plantation companies listed on the Indonesia Stock Exchange in 2018 2020. This research is an associative type of research. The sampling technique was carried out using a purposive sampling technique. So that the samples obtained were 13 plantation companies listed on the IDX in 2018 - 2020 with a total of 39 observational data for 3 years of observation. The data collection technique used is documentation. The data analysis technique used in this study is multiple linear regression analysis with the SPSS 26 software tool. The results of the tax planning research show that the statistical test value of t count is -1.050 which is smaller than t table which is 2.045 while the sig value of tax planning is 0.303 which is greater than 0.05, this shows that tax planning has no effect on firm value. The net profit margin shows that the statistical test value t count is 3.512 which is greater than the t table which is 2.045 while the sig net profit margin value is 0.002 which is less than 0.050, this shows that the net profit margin has an effect on company value. The results of the research on tax planning and net profit margin together show that the calculated F statistic value is 7.748 greater than the F table value of 3.340 while the sig value of 0.002 is less than 0.05, this shows that there is a significant influence between tax planning and net profit margin. profit margin on company value simultaneously.

Keywords


Profit Margin on Firm Value in Plantation Company

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References


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DOI: https://doi.org/10.30596/miceb.v1i0.257

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