Pengaruh Kepemilikan Institusional, Efektivitas Komite Audit, Debt Maturity, dan Tax Avoidance terhadap Investment Efficiency pada Perusahaan Sektor Perdagangan, Jasa, dan Investasi

Abstract

This study aims to determine and analyze the effect of Institutional Ownership, Audit Committee Effectiveness, Debt Maturity, and Tax Avoidance on Investment Efficiency in Trading, Service and Investment Sector Companies. Sample selection method using purposive sampling. So that the sample that fulfills as many as 37 companies with six years of observation from 2017-2022. Then the observations in this study were 222 observations. Processing research data through panel data regression tests using eViews software. The hypothesis in this study is that Institutional Ownership, Audit Committee Effectiveness, Debt Maturity has a positive effect on Investment Efficiency, and Tax Avoidance has a negative effect on Investment Efficiency. Based on the results of the panel data regression test, it is concluded that simultaneously the variables of Institutional Ownership, Audit Committee Effectiveness, Debt Maturity, and Tax Avoidance affect Investment Efficiency. Partially, Institutional Ownership, Debt Maturity, and Tax Avoidance have a significant positive effect on Investment Efficiency. Meanwhile, the effectiveness of the Audit Committee has no effect on Investment Efficiency.