PENGARUH FAKTOR PAJAK DAN FAKTOR NON PAJAK TERHADAP KEBIJAKAN KEUANGAN PADA PERUSAHAAN MANUFAKTUR

Abstract

Abstract
The purpose of this study was to determine the effect of non-tax factors and
factors of a tax on financial policy on manufacturing companies. This research
was conducted at the Indonesian Stock Exchange (IDX) by the year 2012 to 2016
study period. Samples from this study amounted to 37 companies. The sampling
method used was purposive sampling. The analysis technique used in this research
is the multivariate analisys of variance. Based on data analysis, it was found that a
non factor taxes are not positive influence on investment decisions, factors nontax positive influence on funding decisions, factors non-tax effect on dividend
policy, tax factors do not affect the decision of the investments., Tax factors not
positive effect on the desperation of funding ,
Keywords : Tax factors, non-tax factors, the investment decision, financing
decision, dividend policy.