PENGARUH KEPEMILIKAN INSTITUSIONAL, TAX PLANNING DAN LEVERAGE TERHADAP KINERJA KEUANGAN PERUSAHAAN MANUFAKTUR SUBSEKTOR FOOD AND BEVERAGE DI BEI TAHUN 2021-2023
PENGARUH KEPEMILIKAN INSTITUSIONAL, TAX PLANNING DAN LEVERAGE TERHADAP KINERJA KEUANGAN PERUSAHAAN MANUFAKTUR SUBSEKTOR FOOD AND BEVERAGE DI BEI TAHUN 2021-2023
Keywords:
institutional ownership, tax planning,, leverage,, financial performance.Abstract
and leverage on the financial performance of food and beverage subsector manufacturing
companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period.
This research is a causal explanatory study using a quantitative approach. The sampling
technique employed was purposive sampling, utilizing secondary data obtained from the
website www.idx.com. The population of this study includes all food and beverage
subsector manufacturing companies, with 15 companies selected as the sample. The
analytical methods used were descriptive statistics, coefficient of determination test (R²),
and t-test. The results of the study indicate that institutional ownership has a positive and
significant effect on financial performance, while tax planning and leverage have a
negative and significant effect. These findings suggest that a higher percentage of
institutional ownership within a company leads to an improvement in its financial
performance.
