Determining the Effect of Tax Planning, Tax Aggressiveness, and Tax Risk to the Firm Value: An Empirical Study on Manufacturing Companies Listed in Indonesia Stock Exchange Period 2011-2014

Authors

  • Claudia Kharisma Universitas Pelita Harapan
  • Melinda Haryanto Universitas Pelita Harapan

Abstract

The value of the firm is one of the major concern of the management in running their company, thus some of the possible ways are performed in order to maximize the value of the firm. Tax planning is one of the tools to reduce the burden of the company because it reduces the transfer of wealth from the shareholders to the government. The activity of the tax planning is believed to be more aggressive nowadays for the value maximization, but still considering the tax risk that may occur. This purpose of this study was to examine the effect of tax planning, tax aggressiveness and tax risk to the firm value. The object of research used in this study is manufactured company listed in Indonesia Stock Exchange during the period 20ll-20l4. The method used was the regression of the panel data. The results showed that tax planning has significant impact on firm value but tax aggressiveness and tax risk do not have a significant impact towards the firm value.

Keywords: tax planning, tax aggressiveness, tax risk and value of firm

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Author Biographies

Claudia Kharisma, Universitas Pelita Harapan

Melinda Haryanto, Universitas Pelita Harapan

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Published

2016-09-01

How to Cite

Kharisma, C., & Haryanto, M. (2016). Determining the Effect of Tax Planning, Tax Aggressiveness, and Tax Risk to the Firm Value: An Empirical Study on Manufacturing Companies Listed in Indonesia Stock Exchange Period 2011-2014. Jurnal Ekonomis, 9(2), 34-52. Retrieved from https://jurnal.unai.edu/index.php/jeko/article/view/448