The Moderation Effect of Managerial Ownership on the Effect of Tax Avoidance and Intellectual Capital on Company Value in Food and Beverage Companies Listed on the Stock Exchange Indonesia

Pandapotan Ritonga, Afif Muis Fakhri Masysur

Abstract


This research was conducted with the aim of examining and analyzing the effect of tax evasion, value added human capital, value added capital employed and structureal capital value added on price book value moderated by managerial ownership in food and beverage companies listed on the Indonesia Stock Exchange directly or indirectly. direct. The population in this study were all food and beverage companies listed on the Indonesia Stock Exchange, while the samples that met the observation sampling criteria were conducted for five years and ten trading companies were listed on the Indonesia Stock Exchange. This research approach uses causal research. Data collection techniques in this study using documentation techniques. and the analysis technique used is path analysis, hypothesis testing and the coefficient of determination using Partial Least Square (PLS) software version 3.00. The results showed that tax evasion, value added human capital, value added capital employed and structural capital value added indirectly did not affect firm value, managerial ownership indirectly did not moderate the effect of tax evasion, value added human capital, value added capital employed and structural capital value added to company value

Keywords


Tax Avoidance, Value Added Human Capital, Value Added Capital Employed, Structural Capital Value Added, Firm Value, Managerial Ownership

Full Text:

PDF

References


Aprianti, S. (2018). Pengaruh VACA, VAHU dan STVA Terhadap Nilai Perusahaan Pada Perusahaan Perbankan yang Terdapat di BEI. Jurnal Riset Terapan Akuntansi, 2(1), 70–81.

Arief, R., & Suzan, L. (2020). Pengaruh Intellectual Capital Terhadap Nilai Perusahaan (Studi Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2018). e-Proceeding of Management, 7(2), 5822–5829.

Helmiatin, H. (2015). Optimalisasi Peran Modal Intelektual Terhadap Kinerja Karyawan. Etikonomi, 14(1), 51–68.

Hermuningsih, S. (2013). Pengaruh Profitabilitas, Growth Opportunity, Sruktur Modal Terhadap Nilai Perusahaan Pada Perusahaan. Buletin Ekonomi Moneter dan Perbankan, 1(1), 127–148.

Jayanti, L. D., & Binastuti, S. (2017). Pengaruh Intellectual Capital Terhadap Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Variabel Intervening Pada Perusahaan Perbankan Yang Terdaftar di Bursa Efek Indonesia. Jurnal Ekonomi Bisnis, 22(3), 187–198.

Jensen, M. C., & Meckling, W. H. (1976). Theory of The Firm: Managerial Behavior Agency Costs and Owenership Structure. Journal of Financial Economics, 3, 305–360.

Jufrizen, J., & Fatin, I. N. (2020). Pengaruh Debt To Equity Ratio, Return On Equity, Return On Assets Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Farmasi. Jurnal Humaniora: Jurnal Ilmu Sosial, Ekonomi dan Hukum, 4(1), 183–195.

Karimah, H. N., & Taufiq, E. (2017). Pengaruh Tax Avoidance Terhadap Nilai Perusahaan. Ekombis Review, 1(1), 72–86.

Krisyadi, R., & Y, A. E. (2021). Analisis Pengaruh Penghindaran Pajak, Likuiditas dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Ilmiah MEA (Manajemen, Ekonomi dan Akuntansi), 5(3), 1199–1217.

Nasution, A. A., & Ovami, D. C. (2021). Modal Intelektual Dan Nilai Perusahaan Asuransi Di Indonesia. Kajian Akuntansi, 22(2), 162–174.

Pradnyana, I. B. G. P., & Naniek, N. (2017). Pengaruh Perencanaan Pajak Terhadap Nilai Perusahaan dengan Transparansi Perusahaan Sebagai Variabel Moderasi. Jurnal Akuntansi Universitas Udayana Bali, 18(2), 1398–1425.

P Ritonga, K Panggabean, (2024) Pengaruh Tax Planning, Tax Avoidance Dan Deferred Tax Burden Terhadap Firm Value Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA) 8 (1), 1618-1633

Saleh, A. E., & Susilowati. (2004). Studi Empiris Ketepatan Waktu Pelaporan Keuangan Perusahaan Manufaktur di Bursa Efek Jakarta. Jurnal Bisnis Strategi, 13(1), 67–800.

Salempang, L. E. (2016). Pengaruh Return On Assest, Debt to Equity dan Pertumbuhan Penjualan Terhadap Nilai Perusahaan Pada Sektor Real Estate dan Property Yang Terdaftar di Bursa Efek Indonesia Tahun 2013-2014. Jurnal Berkala Ilmiah Efisiensi, 16(3), 183–196.

Tarihoran, A. (2016). Pengaruh Penhindaran Pajak dan Leverage Terhadap Nilai Perusahaan dengan Transparansi Perusahaan Sebagai Moderasi. Jurnal Wira Ekonomi Mikroskil, 6(2), 149–164.

Ulum, I. (2009). Intellectual Capital: Konsep dan Kajian Empiris. Yogyakarta: Graha Ilmu.

Yuliandana, S., Junaidi, J., & Ramadhan, A. (2021). Pengaruh Tax AvoidanceTerhadap Nilai PerusahaanStudi Pada Perusahaan Manufaktur yang Terdaftar Di BEI. JIAKES: Jurnal Ilmiah Akuntansi Kesatuan, 9(1), 31–42.




DOI: https://doi.org/10.30596/miceb.v2i0.813

Refbacks

  • There are currently no refbacks.