Pengaruh Agresivitas Pajak, Kepemilikan Institusional, Ukuran Perusahaan, dan Timeliness Laporan Keuangan terhadap Volatilitas Idiosinkratik pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2021-2023

Abstract

This study aims to determine the effect of tax aggressiveness, institutional ownership, firm size, and timeliness of financial statements on idiosyncratic volatility in banking companies listed on the Indonesia Stock Exchange for the period 2021-2023. The population of this study consists of all banks listed on the Indonesia Stock Exchange during the period 2021-2023. The sampling technique used is purposive sampling with a sample size of 33 banks. The research data consists of secondary data obtained from various websites, such as www.idx.co.id, https://finance.yahoo.com, and the official websites of the companies. The analysis technique used was panel data regression analysis using EViews 12 SV. The results of the study indicate that, partially, tax aggressiveness, institutional ownership, and financial statement timeliness do not affect idiosyncratic volatility. Firm size has a negative effect on idiosyncratic volatility. Simultaneously, tax aggressiveness, institutional ownership, firm size, and financial statement timeliness affect idiosyncratic volatility with a coefficient of determination of 44.9%.