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Pengaruh Tax Avoidance, Struktur Modal, dan Pertumbuhan Pendapatan terhadap Nilai Perusahaan Muhammad Iqbal Fauzan; Mita Sicillia
AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis Vol. 6 No. 3 (2026): AKADEMIK: Jurnal Mahasiswa Ekonomi & Bisnis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/jmeb.v6i3.2327

Abstract

This study aims to analyze the effects of tax avoidance, capital structure, and revenue growth on firm value among companies in the consumer cyclicals sector listed on the Indonesia Stock Exchange during the 2020–2024 period. This study employs a quantitative approach using secondary data obtained from the companies’ financial statements. Data analysis was conducted using panel data regression with the aid of EViews 14. Based on the model selection results, the Fixed Effects Model (FEM) was used as the estimation model. The results indicate that Tax Avoidance has a negative but insignificant effect on Firm Value. Capital Structure has a positive and significant effect on Firm Value. Meanwhile, Revenue Growth has a negative but insignificant effect on Firm Value. Simultaneously, tax avoidance, capital structure, and revenue growth have a significant effect on firm value. These results indicate that capital structure is the variable with a significant influence on firm value in this study.