The Effect Of Institutional Ownership Profitability and Tax Avoidance On The Cost Of Debt In The Food and Beverage Sub-Sector Listed On The BEI In 2017 - 2022

Nabilah Fathurohmah; Michel Valentin; Egi Gumala Sari

doi:10.59806/jaatb.v4i1.322

Penulis

Nabilah Fathurohmah STIE TRI BHAKTI
Michel Valentin
Egi Gumala Sari Departement of Digital Business, School of Economics and Business, Telkom University, Indonesia

DOI:

https://doi.org/10.59806/jaatb.v4i1.322

Kata Kunci:

Institusional Ownership, Managerial Ownership, Cost of Debt, Profitability, Tax Avoidance

Abstrak

Purpose – This study aims to determine the effect of Institutional Ownership, Managerial Ownership, Profitability and Tax Avoidance on Debt Costs.

Design/methodology/approach – This study uses quantitative data, the sample in this study is a food and beverage sub-sector company listed on the Indonesia Stock Exchange in the period 2017 - 2022 as many as 12 companies. The analysis technique used to test the hypothesis is multiple regression analysis using Eviews 9 software.

Findings – The results of this study indicate that the Institutional Ownership variable has a negative and statistically insignificant effect on debt costs, the Managerial Ownership variable has a positive and statistically insignificant effect on debt costs, the Profitability variable has a positive and statistically insignificant effect on debt costs, and the Tax Avoidance variable has a negative and statistically insignificant effect on Debt Costs

Research limitations/implications – This study discusses Debt Costs and other factors such as Institutional Ownership, Managerial Ownership, Profitability and Tax Avoidance which focus on food and beverage sub-sector companies.