PENGARUH PERENCANAAN PAJAK DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN (StudiEmpiris Pada Perusahaan Sektor Pertanian Yang Terdaftar Di ISSI Periode 2018-2020)

Abstract

This study aims to determine the effect of tax planning and profitability on firm value in the agricultural sector registered at ISSI for the 2018-2020 period. Tax planning in this study is measured by the Effective Tax Rate (ETR) and profitability is measured by Return On Assets (ROA) as an independent variable. Firm value is measured by Book Value Per Share (PBV) as the dependent variable. The theory used in this research is signaling theory. The population in this study includes 10 agricultural companies. The number of samples used in this study were 30 samples with the sampling technique of the saturated sample method (total sample). Data collection was carried out by secondary methods in the form of financial reports. The data analysis technique used is the classical assumption, multiple linear regression, and hypothesis testing. The results of this study indicate that the significant value of tax planning is 0.034 <0.05, so partially the tax planning variable (ETR) has an effect on agricultural company value (BVS) listed on the Indonesian Sharia Stock Index, and a significant value of profitability is 0.550 > 0.05 then partially profitability (ROA) has no effect on agricultural firm value (BVS) listed on the Indonesian Sharia Stock Index. And the simultaneous results of tax planning (ETR) and profitability (ROA) of 0.089 > 0.05 do not simultaneously affect the value of agricultural companies listed on the Indonesian Sharia Stock Index