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This study aimed to determine the effect of the rupiah exchange rate and inflation on the composite stock price index (CSPI) on the Indonesia stock exchange (IDX). The period used in this study is 5 (five) years, starting from 2017-2021.
This study uses a quantitative approach. Population and sample are taken from all data at the end of the JCI month, rupiah exchange rate and inflation in the 2017-2021 period using saturated sampling technique. The data analysis technique used is multiple linear regression.
The results showed that the rupiah exchange rate partially had not significant effect on the composite stock price index (CSPI) indicated by the t value <t table (0.901483 <2.00247) and the significance of 0.3711> 0.05. For the inflation variable partially negative and significant effect on the composite stock price index (CSPI) is indicated by the value of t count <t table (-4.135408 <-2.00247) and a significance of 0.0001 <0.05. Simultaneously the rupiah exchange rate and inflation influence and significant effect on the composite stock price index shown by the calculated F value> F table (16.21406> 3.16) and a significance of 0.000003 <0.05. The ability of the rupiah exchange rate variable and inflation in explaining the stock price index (IHSG) of 34.02% as indicated by the size of the adjusted R square of 0.3402 while the remaining 65.98% is influenced by other factors not examined in this study. With the value of the multiple linear regression equation Y = 523,991 - 0,072912 NTR - (-182,3542) INF + e
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Keywords: Composite Stock Price Index (CSPI), Rupiah Exchange Rates, Inflation
The purpose of this study was to determine the effect of institutional ownership, managerial ownership, independent commissioners, and audit committees on tax avoidance with Size Perusahaan as a moderating variable in food and beverage sector companies listed on the Indonesia Stock Exchange (IDX). The research time period used is 5 years, namely the 2017-2021 period. The sampling technique used purposive sampling technique. Based on the predetermined criteria, 17 companies were obtained. The type of data used is secondary data obtained from the Indonesia Stock Exchange website. The analytical method used is panel data regression analysis. The results show that institutional ownership has a negative effect on tax avoidance, managerial ownership has a positive effect on tax avoidance and the independent board of commissioners has a negative effect on tax avoidance. The audit committee has no effect on tax avoidance, and institutional ownership, managerial ownership, independent commissioners, and audit committees. jointly affect tax avoidance.
Tax Avoidance, Institutional Ownership, Managerial Ownership, Independent Board Of Commissioners, Audit Committee