TAX A VOIDANCE PRACTICE, CORPORA TE GOVERNANCE, AND FIRM VALUE

摘要

This study aims to examine the effect of tax avoidance practices, corporate governance on the value of companies in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2013-2017. Tax avoidance practices are proxied by effective tax rate. Corporate governance is proxied by an independent board of commissioners and an external auditor. The company value is proxied by Tobins Q. This study uses secondary data with a purposive sampling collection technique. The sample used in this study was 280 companies. The research data were analyzed by panel data regression analysis using Eviews 9. The results of the study found that corporate governance based on external auditors had a significant positive effect on firm value, while tax avoidance and independent board of commissioners did not influence the value of the company.