Role of Tax Avoidance and Financial Performance to Increase Firm Value

Abstract

The objective of this research is to determine the role of Tax Avoidance and financial performance in improving the firm value of the manufacture companies listed in Indonesia Stock Exchange (BEI). Financial report data in this research is 35 data from seven manufacturing industry companies, five years period 2017 until 2021. This study used a quantitative approach to testing hypotheses used the technique of path analysis performed through linear regression analysis. The result of this research is Tax Avoidance did not give influence to financial performance, and also did not give influence to increase firm value. The result of this research is Tax Avoidance which gives influence to increase firm value. Investors can see the three variables as a consideration for investment decision making.