| |
| Field |
Value |
| |
| Title |
Tax Incentive, Public Share Proportion, and Firm Performance: Evidence from Indonesian Capital Market
|
| |
| Creator |
Vierly Ananta Upa; Pelita Harapan University
|
| |
| Description |
Indonesian government has changed the taxation law in 2007. The regulation revealed thatcompanies listed on capital market can obtain reduced income tax rate by 5 percent. Decrease inincome tax rates is granted to domestic corporate taxpayers listed on capital market that have publicownership over 40 percent of the total paid shares and the shares owned by at least 300 parties. Thepurpose of this research is to analyze the effectiveness of government regulation (PP) No. 81 of 2007.This research used companies listed on Indonesia Stock Exchange (IDX) which have right offeringin 2009-2010 as a sample. Sample selection is performed based on purposive sampling method. Theresult indicates that government regulation related to tax incentives, which was aimed to increasethe proportion of public ownership, is still less effective. In addition, this study also showed that theproportion of public ownership has no significant effect on firm performance
|
| |
| Publisher |
Management Research Center, Department of Management, Faculty of Economics and Business, U
|
| |
| Contributor |
—
|
| |
| Date |
2012-01-03
|
| |
| Type |
Peer-reviewed Article
|
| |
| Format |
application/pdf
|
| |
| Identifier |
http://journal.ui.ac.id/index.php/icmr/article/view/1008
|
| |
| Source |
Indonesian Capital Market Review; Vol 4, No 1 (2012): January 2012
|
| |
| Language |
en
|
| |
Since 2014