GOOD CORPORATE GOVERNANCE, CORPORATE VALUE, TAX AVOIDANCE AND FINANCIAL PERFORMANCE

Nurma Risa

Abstract


Abstract; If a company applies GCG practices it will
have an impact on the value of the company. But the
implementation of GCG alone is actually not enough to
increase the value of the company, there are other
things, namely the practice of tax avoidance and
financial performance. This study aims to prove that tax
avoidance and financial performance practices are
intermediary variables in the relationship of GCG to
corporate value. The sample of this study is companies
that take the IICG survey and have CGPI scores, and are
listed on the stock exchange in the period of 2012-2015.
Path analysis is used as a method of data analysis. The
results of the study show that the GCG practices
influence the value of the company indirectly, but
through the practice of tax avoidance and financial
performance as intermediaries.

 


Keywords


Good corporate governance, corporate value, tax avoidance, financial performance

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DOI: https://doi.org/10.21107/jaffa.v6i2.5020

DOI (PDF): https://doi.org/10.21107/jaffa.v6i2.5020.g3412

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