How Capital Structure, Business Growth and Tax Planning Affect Company Value

Authors

  • Rima Octavia Universitas Pamulang, Tangerang Selatan, Banten
  • Meta Nursita Universitas Pamulang, Tangerang Selatan, Banten

DOI:

https://doi.org/10.31334/bijak.v21i1.3583

Keywords:

Capital Structure Company Growth Tax Planning

Abstract

This research aims to find out and obtain empirical evidence regarding the influence of Capital Structure, Company Growth, and Tax Planning on company value. This research is included in the type of associative quantitative research. The population in this research is properties & real estate sector companies listed on the Indonesia Stock Exchange for the 2017-2022 observation period. Sampling was carried out using purposive sampling technique. The data obtained was analyzed using multiple linear regression using E-views 12 software. The results of this research show that simultaneously Capital Structure, Company Growth and Tax Planning have an influence on Company Value. Partially, Capital Structure and Tax Planning have no effect on Company Value. Meanwhile, company growth partially has an influence on company value

References

Astuti, N. E., Moeljadi, & Hernawati, E. (2021). Pengaruh Pperencanaan Pajak, Struktur Modal, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. Syntax Literate. Jurnal Imiah Indonesia, 6(1), 15-23.

Ayuningrum, N. (2017, Januari). Pengaruh Struktur Modal, Pertumbuhan Perusahaan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Riset Terapan Akuntansi, 1(1), 53-59.

Dwianggoro, P. (2022). Pengaruh Struktur Modal Dan Kebijakan Dividen Terhadap Nilai Perusahaan. Jurnal Ilmiah Wahana Pendidikan, 8(10), 186-195.

Fajriah, A. L., Idris, A., & Nadhiroh, U. (2022). Pengaruh Pertumbuhan Perusahaan Penjualan, Pertumbuhan Perusahaan, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Ilmiah Manajemen dan Bisnis, 7(1), 1-12.

Ghozali, I. (2018). Aplikasi Analisisis Multivariate Dengan Program IBM SPSS 25. Semarang: Universitas Diponegoro.

Ghozali, I., & Ratmono. (2017). Analisis Multivariat Dan Ekonometrika Dengan Eviews 10. Semarang: Universitas Diponegoro.

Herawati, H., & Ekawati, D. (2016). Pengaruh Perencanaan Pajak Terhadap Nilai Perusahaan. Jurnal Riset Akuntansi dan Keuangan, 4(1), 873-884.

Hidayat, M., & Hairi, M. I. (2016). Pengaruh Perencanaan Pajak Dan Modal Intelektual Terhadap Nilai Perusahaan Pada Perusahaan Jasa Keuangan Yang Terdaftar Di BEI. Jurnal Ilmiah Ekonomi Global Masa Kini, 7(2), 23-29.

Hidayat, S. W., & Pesudo, D. A. (2019). Pengaruh Perencanaan Pajak Dan Kepemilikan Manajerial Terhadap Nilai Perusahaan Dengan Transparansi Perusahaan Sebagai Variabel Moderasi. International Journal of Social Scince and Bisnis, 3(4), 367-376.

Irnawati, J. (2021). Nilai Perusahaan Dan Kebijakan Deviden Pada Perusahaan Contruction And Enginering Pada Bursa Efek Singapura. Purwokerto: CV. Pena Persada.

Lestari, A. I., & Djohar, C. (2023). Pengaruh Penghindaran Pajak, Kebijakan Dividen, Dan Pertumbuhan Perusahaan Terhadap Nilai Perusahaan Dengan Perencanaan Pajak Sebagai Variabel Pemoderasi. Jurnal Revenue, 3(2), 619-629.

Madya, E., & Saleh, D. (2019). Pengaruh Struktur Modal Terhadap Nilai Perusahaan Yang Di Mediasi Kebijakan Dividen. Bongaya Journal Of Research in Management, 2(2), 73-97.

Marsaid, M. T., & Pesudo, D. A. (2019). Pengaruh Tax Planning Terhadap Nilai Perusahaan. Jurnal Bingkai Ekonomi, 11-24.

Maryadi, M., & Djohar, C. (2023). Pengaruh Perencanaan Pajak, Manajemen Laba, Dan Pertumbuhan Penjualan Terhadap Nilai Perusahaan. Jurnal Revenue, 3(2), 442-454.

Muslim, A., & Junaidi, A. (2020). Pengaruh Perencanaan Pajak Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Lentera Bisnis, 9(2), 1-20.

Nursita, M. (2021). Pengaruh Laba Akuntansi, Arus Kas Operasi, Arus Kas Investasi, Arus Kas Pendanaan, Dan Ukuran Perusahaan Terhadap Return Saham. Jurnal Riset Akuntansi, 1, 1-15.

Putra , I. M. (2019). Manajemen Pajak. Yogyakarta: Quandrant.

Ramdhonah, Z., Solikin, I., & Sari, M. (2019). Pengaruh Struktur Modal, Ukuran Perusahaan, Pertumbuhan Perusahaan (Studi Empiris Pada Perusahaan Sektor Pertambangan Yang Terdaftar Di BEI Tahun 2011-2017). Jurnal Riset Akuntansi dan Keuangan, 7(10), 67-82.

Romadhina, P. A., & Andhiiyara, R. (2021). Pengaruh Perencanaan Pajak, Pertumbuhan Penjualan, Dan Kebijakan Dividen Terhadap Nilai Perusahaan. Journal of Information System, Applied, Management, Accounting and Research, 5(2), 358-366.

Sari, D., & Irawati, W. (2021). Pengaruh Perencanaan Pajak, Struktur Modal, Dan Kepemilikan Manajerial Terhadap Nilai Perusahaan Dengan Transparansi Perusahaan Sebagai Variabel Moderasi. Jurnal Akuntansi Barelang, 6(1), 1-12.

Setiawan, M. R., Susanti, N., & Nugraha, N. M. (2021). Pengaruh Struktur Modal, Perputaran Modal Kerja, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Riset & Jurnal Akuntansi, 208-218.

Siregar, I. G., & Dewi, S. E. (2022). Pengaruh Perencanaan Pajak Pertumbuhan Perusahaan Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Comparative Ekonomi dan Bisnis, 4(2), 42-57.

Siswanto, E. (2021). Buku Ajar Manajemen Keuangan Dasar. Malang: Universitas Negeri Malang.

Suwardika, I. A., & Mustanda, I. (2017). Pengaruh Leverage, Ukuran Perusahaan, Pertumbuhan Perusahaan, Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Properti. E-Jurnal Managementt Unud, 6(3), 1248-1277.

Downloads

Published

2024-03-03

Issue

Vol. 21 No. 1: Maret 2024

Section

Articles

License

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License

Please find the rights and licenses in Majalah Ilmiah Bijak By submitting the article/manuscript of the article, the author(s) agree with this policy. No specific document sign-off is required.

  1. License

The commercial use of the article will be governed by the Creative Commons Attribution license as currently displayed on Creative Commons Attribution-ShareAlike 4.0 International License.

2. Author(s)' Warranties

The author warrants that the article is original, written by stated author(s), has not been published before, contains no unlawful statements, does not infringe the rights of others, is subject to copyright that is vested exclusively in the author and free of any third party rights, and that any necessary written permissions to quote from other sources have been obtained by the author(s).

3. User Rights

Majalah Ilmiah Bijak spirit is to disseminate articles published are as free as possible. Under the Creative Commons license, Majalah Ilmiah Bijak permits users to copy, distribute, display, and perform the work for non-commercial purposes only. Users will also need to attribute authors and Majalah Ilmiah Bijak on distributing works in the journal and other media of publications.

4. Co-Authorship

If the article was jointly prepared by more than one author, any authors submitting the manuscript warrants that he/she has been authorized by all co-authors to be agreed on this copyright and license notice (agreement) on their behalf, and agrees to inform his/her co-authors of the terms of this policy. Jurnal Bijak will not be held liable for anything that may arise due to the author(s) internal dispute. Majalah Ilmiah Bijak will only communicate with the corresponding author.

5. Miscellaneous

Majalah Ilmiah Bijak will publish the article (or have it published) in the journal if the article’s editorial process is successfully completed. Jurnal Bijak editors may modify the article to a style of punctuation, spelling, capitalization, referencing and usage that deems appropriate. The author acknowledges that the article may be published so that it will be publicly accessible and such access will be free of charge for the readers as mentioned in point 3.

 

Every accepted manuscript should be accompanied by "Copyright Transfer Agreement"prior to the article publication.