JACTA: Journal of Accounting and Tax
Vol. 3 No. 2 (2025): JACTA: Journal of Accounting and Taxes

DETERMINANTS OF FIRM VALUE LISTED ON THE INDONESIAN STOCK EXCHANGE

Yeyen Ihsan Hidayat (Unknown)
Evi Gantyowati (Unknown)



Article Info

Publish Date
12 Jul 2025

Abstract

This study aims to examine the effect of tax avoidance, profitability, leverage and total sales on firm value in Indonesia. The data used is data from 97 companies listed on the Indonesia Stock Exchange in 2020-2022. This study uses panel data regression analysis. The best model chosen is the Fixed Effect Model (FEM). The results showed that partially tax avoidance and profitability have a significant positive effect on firm value, while leverage and total sales have no effect on firm value. Simultaneously, all the independent variables in this study have a significant effect on firm value. The implication of this research is that companies need to carry out tax avoidance optimisation strategies so that the company value continues to increase. Companies can also maximise production activities so that they can maximise profitability.

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Journal Info

Abbrev

jacta

Publisher

Subject

Economics, Econometrics & Finance

Description

JACTA: Journal of Accounting and Taxes (E-ISSN 2987-3746) is a high-quality, open-access peer-reviewed scientific journal published twice a year by Asian Publishers. JACTA: Journal of Accounting and Taxes focuses on all areas related to their hypothetical and theoretical nature and which provides ...