The Role of Corporate Ownership in Moderating the Effect of Aggressive Tax Management on Firm Value
DOI:
https://doi.org/10.33062/mjb.v10i02.115Keywords:
kepemilikan negara, manajemen pajak agresif, nilai perusahaanAbstract
This study aims to obtain empirical evidence and analyze the effect of aggressive tax management practices on firm value. In addition, this study examines and analyzes the moderating role of state ownership in the relationship between aggressive tax management practices and firm value. The population of this study consists of LQ45 companies listed on the Indonesia Stock Exchange (IDX) during the period 2020–2023. The sampling technique employed was purposive sampling. This study adopts a quantitative approach using secondary data. The analytical methods applied include descriptive and inferential analysis through panel data regression and Moderated Regression Analysis (MRA) using EViews 12 software. The results indicate that aggressive tax management has a negative effect on firm value. However, this study does not find empirical evidence supporting the moderating role of state ownership in the relationship between aggressive tax management and firm value. The originality of this study lies in the use of state ownership as a moderating variable to examine its role in strengthening or weakening the effect of aggressive tax management on firm value
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