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Journal : International Journal of Application on Economics and Business

FACTORS THAT INFLUENCE SHARES PRICE Magdalena, Fanny; Andy, Andy; Winaldo, Vincent; Widjaja, Karen
International Journal of Application on Economics and Business Vol. 2 No. 3 (2024): Agustus 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i3.435-448

Abstract

The purpose of this study is to examine the effects of Earnings per Share (EPS) as a moderating variable on the stock price of real estate businesses listed on the Indonesia Stock Exchange (IDX) in relation to Liquidity, Profitability, and Solvency. Purposive sampling was employed in the sample selection process, and 48 data points from 16 property firm samples were used to represent the population for this study, which covered the years 2019–2021. In this study, a descriptive research design was employed. By examining relationships with other factors rather than directly comparing the variables, this descriptive study aimed to explain the presence of one or more variables. Eviews version 11 was used for data analysis in this study, whereas Microsoft Excel 2010 was employed for data processing.. This study used a random sample selection technique, namely purposive sampling. This activity was carried out from March to July 2023.
TAX AVOIDANCE AND DERIVATIVES' EFFECT ON FIRM VALUE MODERATED WITH OWNERSHIP CONCENTRATION AND AFFILIATED RELATIONSHIP Rani, Imelda; Imelda, Elsa; Magdalena, Fanny
International Journal of Application on Economics and Business Vol. 2 No. 2 (2024): May 2024
Publisher : Graduate Program of Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ijaeb.v2i2.3558-3573

Abstract

The purpose of this study is to examine the impact of tax avoidance and derivatives on firm value, as well as the role of ownership concentration and affiliate ties in modulating the relationship between tax avoidance and firm value. All energy sector businesses listed on the Indonesia Stock Exchange make up the study's population, which will be examined between 2020 and 2022. The sample for this study, which was conducted during the same time period, consisted of 44 energy-related enterprises. The data processing for this study included Eviews 13 software, as well as multiple linear regression and Moderated Regression Analysis methods. The results of the study show that ownership concentration significantly and positively raises firm value. However, derivatives and tax avoidance have no significant effect on it. Ownership concentration and affiliation is proven fail to strengthen the relationship between tax avoidance and firm value. According to this study, investors consider the level of concentrated ownership when making investment decisions. This means that the company's key shareholders must perform their duties to the best of their abilities in order for the company to develop and maintain strong future prospects.