Analysis of Inter-Period Tax Allocation and Company Sizeon Capital Structure and Its Impact on the Stock Return of Food and Beverage Company

  • Elan Kurniawan Economics and Business Faculty, Accounting Program Universitas Islam As-Syafiiyah, Jakarta
  • Sari Mujiani Economics and Business Faculty, Accounting Program Universitas Islam As-Syafiiyah, Jakarta
  • Efrinal Economics and Business Faculty, Accounting Program Universitas Islam As-Syafiiyah, Jakarta
  • Kamilah Sa’diah Economics and Business Faculty, Accounting Program Universitas Binaniaga
Keywords: IPTA, Size, SRandCS

Abstract

This study aims to examine the "Inter-Period Tax Allocation and Company Size on Capital Structure and its Impact on the Stock Return of Food and Beverage Companies" which are listed In Indonesia stock exchange. Using this type of quantitative research with a population of food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange during the observation year between 2015 and 2019, by obtaining data from 11 companies. The sampling technique was purposive sampling method with multiple linear regression equation data analysis techniques, data processing in hypothesis testing using SmartPLS. Based on the results of hypothesis testing, it shows that the inter-period tax allocation has a positive and insignificant effect on stock returns, inter-period tax allocation has a significant positive effect on capital structure, capital structure has insignificant positive effect on stock returns, company size has insignificant positive effect on stock returns, company size has no significant positive effect on capital structure, inter-period tax allocation on stock returns with capital structure as a mediator has insignificant positive effect, and company size on stock returns with capital structure as a mediator has no significant positive effect.

Published
2021-01-06