Article Sidebar

Download
PDF

Main Article Content

Abstract

This study aims to examine the effect of tax planning, earnings management, and liquidity on firm value in the tourism and recreation industry listed on the Indonesia Stock Exchange during the 2020–2023 period. This research employs a quantitative approach with an explanatory method. The data used are secondary data obtained from annual financial statements, with a total sample of 38 companies or 152 observations selected using purposive sampling. Data analysis was conducted using multiple linear regression with SPSS software after fulfilling classical assumption tests. The results indicate that tax planning, earnings management, and liquidity each have a positive and significant effect on firm value. Furthermore, these variables simultaneously have a significant influence on firm value. The findings suggest that effective tax management, reasonable earnings management practices, and adequate liquidity levels enhance investor confidence and increase firm value in the capital market. This study provides empirical evidence on the determinants of firm value in the tourism and recreation sector, which remains relatively underexplored in accounting and finance literature.

Keywords

firm value tax planning earnings management liquidity

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Mahendra, I. W., Trianasari, T., & Suarmanayasa, I. N. (2026). Determining Company Value: The Role of Tax Planning, Profit Management, and Liquidity in the Tourism and Recreation Industry. Amkop Management Accounting Review (AMAR), 6(1), 1016–1030. https://doi.org/10.37531/amar.v6i1.3617
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Ajzen, I. (2005). Attitudes, Personality, And Behavior. Open University Press.
  2. Ambarwati, J., & Vitaningrum, M. R. (2021). Pengaruh Likuiditas Dan Profitabilitas Terhadap Nilai Perusahaan. Competitive: Jurnal Akuntansi Dan Keuangan, 5(2), 127–130.
  3. Aprilianingsih, R. … Maulida, A. (2024). Pengaruh Profitabilitas, Ukuran Perusahaan, Struktur Modal, Dan Likuiditas Terhadap Nilai Perusahaan. Jurnal Manajemen Terapan Dan Keuangan, 13(3), 976–986.
  4. Brigham, E. F., & Houston, J. F. (2014). Fundamentals Of Financial Management. Cengage Learning.
  5. Darussalam, & Septriadi, D. (2009). Tax Planning: Konsep Dan Implementasinya Di Indonesia. Danny Darussalam Tax Center.
  6. Devivi, D. … Astuti, A. (2019). Pengaruh Likuiditas, Ukuran Perusahaan Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Sub Sektor Otomotif Dan Komponen Yang Terdaftar Di Bursa Efek Indonesia. Financial: Jurnal Akuntansi, 4(2), 1–11. Https://Doi.Org/10.37403/Financial.V4i2.75
  7. Fadillah, A. … Elviani, S. (2021). Tinjauan Teoritis Likuiditas Dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Ilmiah Akuntansi Kesatuan, 9(3), 531–534.
  8. Harahap, S. S. (2010). Analisis Kinerja Keuangan Perusahaan. Bumi Aksara.
  9. Hawa, S. … Arnisah, S. (2023). Pengaruh Perencanaan Pajak, Penghindaran Pajak, Dan Likuiditas Terhadap Nilai Perusahaan. Jurnal Ilmiah Akuntansi Dan Keuangan, 5(10).
  10. Kasmir. (2016). Analisis Laporan Keuangan. Rajawali Pers.
  11. Lestari, N., & Ningrum, S. A. (2018). Pengaruh Manajemen Laba Dan Tax Avoidance Terhadap Nilai Perusahaan Dengan Kualitas Audit Sebagai Variabel Moderasi. Journal Of Applied Accounting And Taxation, 3(1), 99–109.
  12. Munawir. (2010). Analisa Laporan Keuangan. Liberty.
  13. Muslim, A., & Junaidi, A. (2020). Pengaruh Perencanaan Pajak Dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Lentera Bisnis, 9(2), 1–20.
  14. Ndruru, M. … Sipahutar, T. T. U. (2020). Pengaruh Likuiditas, Leverage, Dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Ilmiah Mea, 4(3), 390–405.
  15. Putri, H. T. (2019). Pengaruh Manajemen Laba Terhadap Nilai Perusahaan Pada Industri Manufaktur. J-Mas (Jurnal Manajemen Dan Sains), 4(1), 51–55.
  16. Riswandi, P., & Yuniarti, R. (2020). Pengaruh Manajemen Laba Terhadap Nilai Perusahaan. Pamator: Jurnal Ilmiah Universitas Trunojoyo, 13(1), 134–138.
  17. Santoso, A., & Wahyuningtias, R. (2017). Pengaruh Manajemen Laba Terhadap Nilai Perusahaan Pada Sektor Perbankan. Jurnal Manajemen Dan Kewirausahaan, 19(2), 123–135.
  18. Sartono, A. (2010). Manajemen Keuangan Teori Dan Aplikasi. Bpfe.
  19. Scott, W. R. (2015). Financial Accounting Theory. Pearson Education.
  20. Sugiyono. (2021). Metode Penelitian Kuantitatif, Kualitatif, Dan R&D (Kedua). Alfabeta.
  21. Sugiyono. (2023). Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Alfabeta.
  22. Tambahani, G. D. … Kewo, C. (2021). Pengaruh Perencanaan Pajak Dan Penghindaran Pajak Terhadap Nilai Perusahaan. Jurnal Akuntansi Manado, 2(2), 142–154.
  23. Yusmita, N. K. R. … Suwandewi, P. A. M. (2023). Pengaruh Profitabilitas, Pertumbuhan Perusahaan, Leverage, Likuiditas, Serta Struktur Modal Terhadap Nilai Perusahaan. Jurnal Inovasi Akuntansi (Jia), 1(1), 102–113. Https://Doi.Org/10.36733/Jia.V1i1.6893

Similar Articles

<< < 3 4 5 6 7 8 9 10 11 12 > >> 

You may also start an advanced similarity search for this article.