scholarly journals PENGARUH PENGHINDARAN PAJAK TERHADAP BIAYA HUTANG DAN KEPEMILIKAN INSTITUSIONAL SEBAGAI PEMODERASI

2019 ◽  
Vol 21 (1) ◽  
pp. 47-60
Author(s):  
FAHREZA UTAMA ◽  
DWI JAYA KIRANA ◽  
KORNEL SITANGGANG
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Institutional Ownership ◽  
Cost Of Debt ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
Section Data ◽  
The Cost ◽  
The Relationship

The aim of this study is to test the influence of tax avoidance towards the cost of debt moderated by institutional ownership. In this research, tax avoidance measured by proxy of Book Tax Different (BTD) and Cash Effective Tax Rate (CETR). The population in this research is manufacturing firms that listed on Indonesia Stock Exchange (IDX) with 2015-2017 time periods. The amount of sample before outlier is 198 datas collected with purposive sampling method, then the amount of sample after outlier is 187 datas for first model and 186 datas for second model. Cross section data is used in this research. Multiple linear regression, determination coefficients, and partial test (t-test) is used with some help of programming data using SPSS (Statistical Product and Service Solution) 23th version to analize in this research. The result of this study indicate tax avoidance has not significant influence towards the cost of debt, and institutional ownership can’t moderate the relationship between tax avoidance and the cost of debt.

scholarly journals PENGARUH PENGHINDARAN PAJAK, KEPEMILIKAN INSTITUSIONAL, DAN PROFITABILITAS TERHADAP BIAYA HUTANG (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Periode 2011-2015)

2019 ◽  
Vol 7 (1) ◽  
pp. 58-69
Author(s):  
Elvis Nopriyanti Sherly ◽  
Desi Fitria
Keyword(s):  
Stock Exchange ◽  
Tax Avoidance ◽  
Institutional Ownership ◽  
Cost Of Debt ◽  
Effective Tax Rate ◽  
Return On Assets ◽  
Tax Rate ◽  
Negative Effect ◽  
Internal Funds ◽  
The Cost

The purpose of this study is to prove the effect of tax avoidance, institutional ownership, and profitability on cost of debt. The sample consisted of 71 manufactured firms in listed in Indonesian Stock Exchange from 2011-2015 by using a purposive sampling method. The results of the study showed that the tax avoidance had negative effect on cost of debt. The meaning is getting smaller Cash Effective Tax Rate the cost of debt incurred greater. The results of this study also showed that the institutional ownership doesn’t had effect on cost of debt. Furthermore, the result of Return on Assets (ROA) as proxy profitability had a negative effect on cost of debt. The meaning that the higher the profitability of the company then the company will have a high internal funds that can be used in making the use of debt financing is getting smaller which causes the cost of debt also becomes smaller.

Tax avoidance, tax risk and the cost of debt in a bank-dominated economy

2018 ◽  
Vol 33 (8/9) ◽  
pp. 683-699 ◽  
Author(s):  
Jost Hendrik Kovermann
Keyword(s):  
Interest Rates ◽  
Design Methodology ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Research Literature ◽  
Cost Of Debt ◽  
Content Type ◽  
Negative Effect ◽  
The Cost ◽  
The Relationship

Purpose The purpose of this paper is to investigate whether tax avoidance has a positive or negative effect on firms’ cost of debt. It further investigates whether the implications for the cost of debt are different for tax avoidance and tax risk. Design/methodology/approach Based on a sample of 201 firms listed on Frankfurt Stock Exchange from 2009 to 2014, three tests are performed using pooled OLS regression. Controlling for numerous variables that have been found to influence the cost of debt, a first model examines the relationship between tax avoidance and the cost of debt. A second model examines the relationship between tax risk and the cost of debt and a third model interacts tax avoidance with tax risk. Findings The results show that tax avoidance has a negative effect on the cost of debt; however, tax risk increases the cost of debt. These results indicate that creditors generally view tax avoidance as positive and that tax avoidance is not regarded as inherently risky. Although tax avoidance is rewarded by capital markets with lower interest rates, tax risk contributes to higher interest rates. The effect of tax avoidance on the cost of debt depends therefore on the level of tax risk. Originality/value This paper contributes to two distinct strands of research: literature investigating the driving factors behind the cost of debt and literature investigating the consequences of firms’ tax avoidance activities.

scholarly journals The Effect of Tax Risk on Tax Avoidance

2021 ◽  
Vol 25 (3) ◽  
pp. 570-584
Author(s):  
Yenni Mangoting ◽  
Oviliani Yenty Yuliana ◽  
Jesslyn Effendy ◽  
Lovena Hariono ◽  
Viennie Melinda Lians
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Financial Accounting ◽  
Manufacturing Companies ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
Reputational Risk ◽  
Managerial Risk ◽  
Tax Payments

This research intends to investigate whether tax risk is associated with tax avoidance, which is proxied by Cash Effective Tax Rate (CETR). Tax risk is measured by six tax risk components: transactional risk, compliance risk, operational risk, financial accounting risk, managerial risk, and reputational risk. The samples in this research are manufacturing companies listed on the Indonesian Stock Exchange (IDX). With a purposive sampling method, there are 168 firm years which we analyzed with OLS regression. The result in this study showed that tax risk is positively associated with CETR. It implied that choices of tax strategies and activities are involved in high tax risk, but firms still choose to comply with tax regulations, which can be seen in high CETR values. This research found that firms need tax risk management to ensure that tax strategies do not impact the firms’ future losses from additional tax payments and fines. Other than that, this research gives a new option for future researchers to measure tax risk using scoring methods and indicators that are engaged in each of the tax risk components.DOI: 10.26905/jkdp.v25i3.5629

SALES GROWTH SEBAGAI PEMODERASI PADA PENGARUH SOLVABILITAS DAN DEFERRED TAX EXPENSE TERHADAP TAX AVOIDANCE PADA PERUSAHAAN PERTAMBANGAN DI INDONESIA

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Ervin Ervin Noviani
Keyword(s):  
Stock Exchange ◽  
Tax Avoidance ◽  
Linear Regression Method ◽  
Sales Growth ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
Deferred Tax ◽  
Relationship Of ◽  
The Relationship ◽  
Tax Expense

This study aims to analyze sales growth as a moderator of the effect of solvency and deferred tax expense on tax avoidance in mining companies in Indonesia. This research is a quantitative study with tax avoidance as the dependent variable. Tax avoidance is measured by the effective tax rate (ETR). The independent variables studied were soilvability and deferred tax expense and the moderating variable, namely sales growth. The sample of this research is 10 mining sector companies listed on the Indonesia Stock Exchange in 2016-2019. The sample was selected by purposive sampling method with certain criteria. Data analysis was performed by using classical assumption test and for hypothesis testing using multiple linear regression method. The results of this study indicate that sales growth is able to moderate the relationship of solvency to tax avoidance, sales growth is unable to moderate the relationship between deferred tax expense and tax avoidance, solvency has no significant effect on tax avoidance and deferred tax expense has a significant effect on tax avoidance Keywords : tax avoidance, sales growth, solvabilitas, deferred tax expense

scholarly journals SIKLUS HIDUP PERUSAHAAN DAN PENGHINDARAN PAJAK

2021 ◽  
Vol 16 (1) ◽  
pp. 1
Author(s):  
Eddy Suranta ◽  
Pratana Puspa Midiastuty ◽  
Vika Fitranita ◽  
Andini Tiara Dianty
Keyword(s):  
Logistic Regression ◽  
Life Cycle ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Tax Avoidance ◽  
Financial Statement ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
Observation Period

<p><em>The purpose of this study is to provide empirical evidence of the influence of the company's life cycle which is classified based on cash flow patterns on tax avoidance as measured by the effective tax rate (ETR). This study uses financial statement data from non-financial companies listed on the Indonesia Stock Exchange (IDX) with an observation period of 2012-2018. The method used in sample selection is the purposive sampling method and the number of observations used in the study of 1180 observations. The hypothesis proposed in this study will be tested using logistic regression. The logistic regression results prove that companies at the introduction stage tend to avoid lower taxes. The results of subsequent studies prove that companies at the growth and mature stages avoid greater tax avoidance than at the introduction stage and decline, companies tend not to avoid taxes. </em></p>

scholarly journals PENGARUH TAX AVOIDANCE, EARNINGS MANAGEMENT, DAN KEPEMILIKAN MANAJERIAL TERHADAP COST OF DEBT

2020 ◽  
Vol 15 (2) ◽  
pp. 153-162
Author(s):  
Dan Suminar ◽  
Luh Nadi
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Linear Regression Analysis ◽  
Tax Avoidance ◽  
Multiple Linear Regression Analysis ◽  
Cost Of Debt ◽  
Managerial Ownership ◽  
Accounts Payable ◽  
The Cost

This study aims to see and obtain empirical evidence regarding the effects of Tax Avoidance, Revenue Management and Managerial Ownership Against Debt Costs. This research was conducted at the manufacturing sector company consumer goods listed on the Indonesia Stock Exchange in 2014-2018. Population in this study were 51 companies listed on the Stock Exchange Indonesia se;ected using purposive sampling method, namely technique taking data sources with certain considerations. Data analysis method this research uses multiple linear regression analysis. Based on the research results show that Tax Avoidance has no effect on the Cost of Debt, Earning Management affects the Cost of Debt, and Managerial Ownership has no effect on the cost of accounts payable.   

scholarly journals THE INFLUENCE OF RETURN ON ASSETS, LEVERAGE, SIZE, AND CAPITAL INTENSITY ON TAX AVOIDANCE

2019 ◽  
Vol 4 (01) ◽  
pp. 50
Author(s):  
Hendrik Maula ◽  
Muhammad Saifullah ◽  
Nurudin Nurudin ◽  
Faris Shalahuddin Zakiy
Keyword(s):  
Real Estate ◽  
Sampling Method ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Capital Intensity ◽  
Analysis Method ◽  
Effective Tax Rate ◽  
Return On Assets ◽  
Tax Rate ◽  
Independent Variables

<p><em>This study aims to examine the effect of Return On Assets, Leverage, Size, and Capital Intensity to tax avoidance. The purpose of this study is to provide empirically evidance about the effect of  Return On Assets, Leverage, Size and Capital Intensity to tax avoidance. The independent variables of this study are Return On Assets, Leverage, Size and Capital Intesity. The dependent variable is tax avoidance measured by Effective Tax Rate (ETR). The population in this study are 48 property and real estate companies listed in Indonesian Stock Exchange (IDX) in period of 2013–2017. Sample was collected by purposive sampling method, total 28 property and real estate companies were taken as study’s sample. Analysis method of this research used multiple regression. The result showed that the return on assets and leverage signifficant effect on the tax avoidance. While size and capital intensity does not signifficant effect of the tax avoidance.</em><em> </em></p><strong><em>Keywords: </em></strong><em>Capital Intensity, Leverage, Return on Assets, Size, Tax Avoidance</em>

scholarly journals GOOD CORPORATE GOVERNANCE AND TAX AVOIDANCE TO COST OF DEBT WITH GROWTH OPPORTUNITYAS MODERATING (Empirical Study on Manufacturing Company and Finance Service Listed in IDX 2015-2019)

2020 ◽  
Vol 5 (2) ◽  
pp. 123
Author(s):  
Sugiyanto Sugiyanto ◽  
Fitri Dwi Febrianti ◽  
Suripto Suripto
Keyword(s):  
Corporate Governance ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Tax Avoidance ◽  
Cost Of Debt ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Good Corporate Governance ◽  
The Cost ◽  
The Relationship

Principles of good corporate governance can strengthen the relationship between the effect of Tax Avoidance, the Board of Commissioners and Managerial Ownership of the Cost of Debt on manufacturing companies listed on the Indonesia Stock Exchange (IDX). The hypothesis in the study uses the Eviews tool, tested 3 models 1) approach before using partial moderating (2) approach before using simultaneous moderating (3) The moderating growth opportunity.Samples consist of purposive sampling model with multiple linear regression analysis methods. The data used is the company's financial statements for 2015-2019. Research was taken from 28 selected manufacturing companies listed on the Indonesia Stock Exchange (IDX) and found samples 140 financialstatements.The results of observation were obtained partially by Tax Avoidance has a significant effect on the Cost of Debt, the Board of Commissioners has not a significant effect on the Cost of Debt, and Managerial Ownership has a significant effect on Cost of Debt. While simultaneously Tax Avoidance, Board of Commissioners, and Managerial Ownership influence the Cost of Debt. The moderating of growth opportunity strengthens the relationship between Good Corporate Governance and positive coefficient on the cost of debt, strengthened by the Leverage and Size control variables

scholarly journals Tax Avoidance Sebagai Latar Belakang Dalam Memanfaatkan Tax Deductible Expense (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI)

InFestasi ◽  
2019 ◽  
Vol 14 (2) ◽  
pp. 154
Author(s):  
Fitri Oktariani ◽  
Putu Indrajaya Lembut
Keyword(s):  
Stock Exchange ◽  
Tax Avoidance ◽  
Cost Of Debt ◽  
Linear Regression Method ◽  
Tax Rate ◽  
Research Population ◽  
The Government ◽  
The Cost ◽  
A Company ◽  
Positive Effect

<em><span lang="EN-US">This study aims to test and prove empirically the effect of tax avoidance on the cost of debt. The research population is a company listed on the Indonesia Stock Exchange with a sample of companies in the manufacturing category during 2012 to 2017, which is as many as 50 sample companies. Sampling uses purposive sampling and the data analysis method used is a simple linear regression method. The results of this study prove that tax avoidance has a positive effect on the cost of debt. Based on the results of testing this study, it can be concluded that the company will always use a tax deductible expense in its efforts to conduct tax avoidance regardless of the tax rate that has been imposed by the government.</span><span lang="EN-US">Thus, the government should consider further policies by focusing more on regulating the recognition of tax deductible expenses, rather than issuing a policy of reducing back rates, especially for corporate taxpayers. </span></em>

scholarly journals Effect of Solvency, Sales Growth, and Institutional Ownership on Tax Avoidance with Profitability as Moderating Variables in Indonesian Property and Real Estate Companies

2017 ◽  
Vol 8 (3) ◽  
pp. 183
Author(s):  
Rusna Oktaviyani ◽  
Agus Munandar
Keyword(s):  
Real Estate ◽  
Sampling Method ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Institutional Ownership ◽  
Sales Growth ◽  
Moderating Variables ◽  
Property Companies ◽  
The Relationship ◽  
Positive Effect

This research aimed to examine the effect of solvency, sales growth, and institutional ownership towards tax avoidance with profitability as a moderating variable. The sample was real estate and property companies listed on the Indonesia Stock Exchange in 2011-2015. The sample was selected using purposive sampling method to get sample about 31 companies. The data used moderated regression analysis. The results indicate that the solvency has significant and positive effect on tax avoidance. Meanwhile, sales growth and institutional ownership do not affect tax avoidance. Then, profitability can moderate the relationship between institutional ownership and tax avoidance.

Sign in / Sign up

Export Citation Format

Share Document