IIJSE
Vol 9 No 2 (2026): Sharia Economics

The Effect of Profitability, Profit Changes, Profit Management, and Tax Management on Company Value (Case Study of Manufacturing Companies Listed on the IDX 2020–2024)

Nur Anita Chandra Putry (Universitas Sarjanawiyata Tamansiswa, Kota Yogyakarta, Indonesia)
Sya’ib Muhammad Hanif (Universitas Sarjanawiyata Tamansiswa, Kota Yogyakarta, Indonesia)



Article Info

Publish Date
21 Aug 2026

Abstract

This study aims to analyze the influence of profitability, profit changes, profit management, and tax management on firm value in manufacturing companies listed on the Indonesia Stock Exchange (IDX). Firm value is an important indicator reflecting shareholder welfare and is a primary consideration for investors in making investment decisions. Internal factors such as a company's ability to generate profits, the dynamics of profit changes, profit management practices, and tax management strategies are suspected to play a role in influencing firm value. This research method applies a quantitative approach by using a data sample of 220 manufacturing companies on the IDX using sampling techniques, taking several things into consideration, and analyzing data using SPSS 20. The independent variables in this study are profitability, earnings changes, earnings management, and tax management, while the dependent variable is firm value. Based on the data analysis, this study found that profitability and earnings changes have a positive influence on firm value. In addition, earnings management and tax management showed a negative influence on firm value.

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Journal Info

Abbrev

iijse

Publisher

Subject

Economics, Econometrics & Finance

Description

The Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) is Sharia Economics Journal published by Sharia Economics Department Institut Pesantren KH. Abdul Chalim, Mojokerto. The Journal focuses on the issues of Sharia Economics, the History of Islamic Economic Thought, Islamic Law, Local ...