Formosa Journal of Multidisciplinary Research (FJMR)
Vol. 2 No. 12 (2023): December 2023

The Effect of Profitability, Retention Policy, and Tax Planning, on Firm Value with Financing Policy as A Moderating Variable

Mediaty (Hasanuddin University)
Muhammad Afdhal Usman (Medium Tax Office of Makassar)
Abdul Hamid Habbe (Hasanuddin University)



Article Info

Publish Date
28 Dec 2023

Abstract

This research aims to explain and examine the effect of profitability, retention policy, and tax planning on firm value with financing policy serving as a moderating variable. The study's population and sample comprise companies categorized under LQ45 on the Indonesia Stock Exchange, during the timeframe spanning from 2015 to 2022. The research employs purpose sampling for sample selection and will utilize the methods of Moderated Regression Analysis. This research reveal that profitability and retention policy exert a positive and substantial influence, whereas tax planning does not affect the firm’s value significantly. Additionally, the financing policy does not moderate or weaken the influence of profitability, retention policy, and tax planning on firm value.

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Journal Info

Abbrev

fjmr

Publisher

Subject

Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Education Social Sciences

Description

Formosa Journal of Multidisciplinary Research (FJMR) is a multidisciplinary journal published by Formosa Publisher. Formosa Journal of Multidisciplinary Research (FJMR) is published every month (monthly). Formosa Journal of Multidisciplinary Research (FJMR) is a peer reviewed, open access, and ...