The Effect of Good Corporate Governance, CSR, Firm Size, Leverage, and ROA on Tax Avoidance Listed on The IDX For The 2017-2021 Period
Keywords:
Tax Avoidance, Corporate Governance, CSRAbstract
This study aims to analyze the effect of corporate governance, CSR, firm size, leverage, and ROA on tax avoidance listed on the Indonesia Stock Exchange (IDX) for the period 2017-2021. The independent variables of this research are tax avoidance, CSR, GCG-BOD Independence, GCG-Institutional Ownership, and GCG-Ownership Concentration. With control variables in the form of firm size, leverage, and return on assets.
The study used samples from non-financial companies that have annual reports and complete financial reports from 2017-2021, namely 1.713 data from 421 companies listed on Indonesia Stock Exchange (IDX). The collection sample in these studies used a purposive sampling method. The data studied is the company’s annual financial statements that have been audited and Corporate Social Responsibility annual reports. Data were analyzed using logistic regression analysis, where some of the variables is a dummy variable.
The test results shown that GCG-BOD Independence, GCG-Institutional Ownership, firm size, and leverage have a significant effect on tax avoidance. CSR, GCG-Ownership Concentration, and ROA doesn’t have a significant effect on tax avoidance. This is shown because the larger size of the company, the more transactions will be carried out. The company’s operating income or profit will also shrink (lower) when the market tax is reduced.
Downloads
References
Adinda et al. (2017) ‘Pengaruh Corporate Social Responsibility, Rofitabilitas, Leverage Dan Komisaris Independen Terhadap Praktik Penghindaran Pajak Pada Perusahaan yang Terdaftar Di BEI’, Jurnal KOMPARTEMEN, 15.
Al., A. W. et (2016) ‘Pengaruh Good Corporate Governance terhadap Penghindaran Pajak (Studi pada Perusahaan Terdaftar pada Indeks Bursa SRI KEHATI Tahun 2010-2014)’, Jurnal Mahasiswa Perpajakan, 11(1).
Alhaddi (2015) ‘Triple Bottom Line and Sustainability’, A Literature Review, Business and Management Studies, 1(2). doi: 10.11114/bms.v1i2.752.
Anita, A., & Amalia, D. P. (2021). Pengaruh tanggung jawab sosial terhadap kinerja keuangan: Struktur kepemilikan sebagai variabel moderasi. Jurnal Ekonomi Modernisasi, 17(1), 54–68; https://doi.org/10.21067/jem.v17i1.5283
Armstrong et al. (2015) ‘Corporate Governance, Incentives, and Tax Avoidance’, Journal of Accounting, 2(3), pp. 179–234.
Van den Berghe and Louche (2005) ‘The Impact of Corporate Social Responsibility through tax avoidance’, Journal of Financial Economics, pp. 42–46.
Bhismo (2016) ‘pengaruh konservatisme akuntansi (sebelum dan sesudah pelaksaan IFRS), Return on assets, dan sales growth terhadap tax avoidance pada perusahaan manufaktur di BEI’.
Chandra, B., & Cintya, C. (2021). Upaya praktik Good Corporate Governance dalam penghindaran pajak di Indonesia. Jurnal Ekonomi Modernisasi, 17(3), 232–247. https://doi.org/10.21067/jem.v17i3.6016
Chandra, B., & Junita, N. (2021). Tata kelola perusahaan dan manajemen laba terhadap kebijakan dividen di Indonesia. Jurnal Ekonomi Modernisasi, 17(1), 15–26.
Dang and Tran (2017) ‘The Impact of Profitability, Leverage, and ROA through Tax Avoidance’, Cogent Business and Management.
Dang and Tran (2021) ‘The impact of financial distress on tax avoidance: An empirical analysis of the Vietnamese listed companies’, Cogent Business and Management. doi: https://doi.org/10.1080/23311975.2021.1953678.
Dewi, R. R. and Gunawan, I. D. (2019) ‘The Implications Of CSR And GCG On Tax Avoidance’, XXIII(02), pp. 195–212.
Diantari and Ulupui (2016) Pengaruh Komite audit, Proporsi Komisaris Independen, dan Proporsi kepemilikan Institusional terhadap Tax Avoidance.
Gleason, Pincus and Rego (2017) ‘Material weaknesses in tax-related internal controls and last chance earnings management’, The Journal of the American Taxation Association, 39(1), pp. 25–44.
Halioui, Neifar and Abdelaziz, B. (2016) ‘“Corporate governance, CEO compensation and tax aggressiveness: Evidence from American firms listed on the NASDAQ 100”’, Review of Accounting and Finance, 15(4), pp. 445–462.
Harventy, G. (2017) ‘Pengaruh Tax Avoidance Terhadap Nilai Perusahaan’, Jurnal Reviu Akuntansi dan Keuangan, 6(2), pp. 72–86. doi: 10.22219/jrak.v6i2.06.
Jerry, D., Decker, A. and Decker, A. (no date) ‘Corporate Social Responsibilityand Tax Avoidance Related papers’. doi: 10.7176/RJFA/12-8-04.
Kasmir (2017) ‘Analisis Laporan Keuangan’, Jakarta: Rajawali Pers.
Lanis and Richardson (2012) ‘Corporate Social Responsibility and Tax Aggressiveness : an Empirical Analysis’, Journal of Accounting and Public Policy, pp. 86–108.
Luh, N. and Puspita, P. (2017) ‘Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas dan Corporate Social Responsibility Terhadap Penghindaran Pajak (Tax Avoidance)’, E-Jurnal Akuntansi, 21(2), pp. 882–911. doi: 10.24843/EJA.2017.v21.i02.p01.
Mappadang, A. et al. (2018) ‘The Effect of Corporate Governance Mechanism on Tax Avoidance : Evidence from Manufacturing Industries Listed in the Indonesian Stock Exchange’, 5(10), pp. 5003–5007. doi: 10.18535/ijsshi/v5i10.02.
Mcclure, R. et al. (2017) PT SC, Journal of Corporate Finance. Elsevier B.V. doi: 10.1016/j.jcorpfin.2017.10.007.
Minnick and Noga (2010) ‘Do corporate governance characteristics influence tax management?’, Journal of Corporate Finance, 16, pp. 703–718.
Ngadiman and Christiany (2014) ‘Pengaruh Leverage, Kepemilikan Institusional dan Ukuran Perusahaan Terhadap Tax avoidance pada Perusahaan Manufaktur di BEI tahun 2010-2012’, Jurnal Akuntansi, 16(3).
Noviani, L. (2018) ‘Pengaruh Karakteristik Eksekutif, komite Audit, ukuran Perusahaan, Leverage dan Sales Growth pada Tax Avoidance (Studi Kasus Perusahaan LQ45 yang Terdaftar di Bursa Efek Indonesia)’, Jurnal Ilmiah Riset Akuntansi, 7(1), pp. 27–40. Available at: www.idx.co.id.
Parkinson, A. (2017) ‘Managerial Finance’, Managerial Finance. doi: 10.4324/9780080938196.
Pohan (2019) ‘Analysis of the Influence of Institutional Ownership, TOBIN Q Ratio, Accrual Options, Tax Effective Rates, and Deferred Tax Costs on Tax Avoidance in Public Companies’, Jurnal Informasi, Perpajakan, Akuntansi, Dan Keuangan Publik, 4(2), pp. 113–135. doi: https://doi.org/10.25105/jipak. v4i2.4464.
Puspita, D. and Febrianti, M. (2017) ‘Faktor-Faktor yang Memengaruhi Penghindaran Pajak Pada Perusahaan Manufaktur di Bursa Efek Indonesia’, Jurnal Bisnis dan Akuntansi, pp. 38–46.
Rae, Sands and Subramaniam (2017) ‘Associations among the five components within COSO internal control-integrated framework as the underpinning of quality corporate governance’, Australasian Accounting, Business and Finance Journal, 11(1), pp. 28–54.
Santi Yopie, & Robin. (2023). The Influence of Corporate Governance System and Corporate Social Responsibility on Corporate Profit Management Kompas 100 . Migration Letters, 20(7), 1327–1346. https://doi.org/10.59670/ml.v20i7.5153
Siburian and Siagian (2021) ‘Pengaruh Financial Distress , Ukuran Perusahaan , Dan Kepemilikan Institusional Terhadap Tax Avoidance Pada Perusahaan Manufaktur Sub Sektor Food and Baverage Yang Terdaftar Di Bei Tahun 2016-2020’, Jurnal Ilmiah MEA, 5(2), pp. 78–89.
Skaife, A. et al. (2018) ‘The effect of SOX internal control deficiencies and their remediation on accrual quality’, The Accounting Review, 83(1), pp. 217–250.
Sujoko (2006) ‘Pengaruh Struktur Kepemilikan, Strategi Diversifikasi, Leverage, FaktorEkstern terhadap Nilai Perusahaan’, Ekuitas, 11(2).
Sunarsih, Yahya, F. and Haryono, S. (2019) ‘Pengaruh Profitabilitas , Leverage , Corporate Governance , dan Ukuran Perusahaan Terhadap Tax Avoidance Pada Perusahaan Yang Tercatat di Jakarta Islamic Index Pendahuluan Pajak merupakan kontribusi utama dalam penerimaan negara yang selanjutnya akan digu’, INFERENSI, Jurnal Penelitian Sosial Keagamaan, 13(1), pp. 127–148.
Sutedi (2017) ‘The Impact of Corporate Governance through Tax Avoidance’, Journal of Corporate Finance.
Suyanto (2012) ‘Likuiditas, Leverage, Komisaris Independen, dan Manajemen Laba Terhadap Afresivitas Pajak Perusahaan’, Jurnal Keuangan dan Perbankan, 16(2), pp. 167–177.
Swingly, Calvin and Sukartha, I. M. (2015) ‘Pengaruh Karakter Eksekutif, Komite Audit, Ukuran Perusahaan, Leverage, dan Sales Growth pada Tax Avoidance’, E-Jurnal Akuntansi Universitas Udayana, 10(1), pp. 47–62.
Tang and Firth (2011) ‘The Role of CSR on Tax Aggressiveness’, Journal of Financial Economics, p. 176.
Violentine, S. (2022) ‘Pengaruh Return On Assets , Komite Audit , Ukuran Perusahaan Terhadap Tax avoidance pada Perusahaan Multinasional di Bursa Efek Indonesia Tahun 2016-2020’, Prosiding: Ekonomi dan Bisnis, 1(2). Available at: https://jurnal.ubd.ac.id/index.php/pros.
Wati, E., & Malik, A. Q. (2021). Corporate Social Responsibility and Earnings Management: The Moderating Role of Corporate Governance. Journal of Accounting Research, Organization and Economics, 4(3), 298-307.
Wiratmoko, S. (2018) ‘The Effect of Corporate Governance , Corporate Social Responsibility , and Financial Performance on Tax Avoidance’, 8(2), pp. 245–257.
Wulandari, T. R. and Setiawan, D. (2023) ‘Ownership concentration, foreign ownership and tunneling in Indonesia’, Rajagiri Management Journal, 17(1), pp. 21–36. doi: 10.1108/ramj-12-2020-0068.
Yopie, S. (2021). the Effect of Good Corporate Governance and Financial Distress on Real Earnings Management. Jurnal Akuntansi, 11(3), 285-306.
LOGIN
