Karakter Eksekutif, Profitabilitas, Leverage, dan Komisaris Independen Terhadap Tax Avoidance Dengan Kepemilikan Institusional Sebagai Variabel Moderasi

Abstract

ABSTRACT
 This study aimed to examine and analyze the executive characters, profitability, leverage and independent commissioners on tax avoidance, and the effect of character executive, profitability, leverage and independent commissioners on tax avoidance with institutional ownership as a moderating variable. The population in this study is the Manufacturing Companies in the Industrial Consumer Goods Sector listed on the Indonesia Stock Exchange (IDX) in 2014-2018. The sample in this study is only 100 companies that passed in the sample criteria. The sampling technique uses purposive sampling method. The analytical method is using Moderated Regression Analysis (MRA). The results showed that executive character had negative effect on tax avoidance, profitability had no effect on tax avoidance, leverage had an effect on tax avoidance, and independent commissioners had no effect on tax avoidance. And also, institutional ownership can strengthen the moderation between character executive with tax avoidance, institutional ownership can weaken the moderation between profitability with tax avoidance, institutional ownership can weaken the moderation between leverage with tax avoidance.
 ABSTRAK
 Penelitian ini bertujuan untuk menguji dan menganalisis karakter eksekutif, profitabilitas, leverage, komisaris independen terhadap tax avoidance, serta pengaruh dari karakter eksekutif, profitabilitas, leverage terhadap tax avoidance dengan kepemilikan institusional sebagai variabel moderasi. Populasi dalam penelitian ini yaitu Perusahaan Manufaktur Sektor Industri Barang Konsumsi yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2014-2018. Sampel dalam penelitian ini sebanyak 100 perusahaan yang lolos dalam kriteria sampel. Metode analisis yang digunakan yaitu Moderated Regression Analysis (MRA). Hasil penelitian menunjukkan bahwa karakter eksekutif berpengaruh terhadap tax avoidance, profitabilitas dan komisaris independen tidak berpengaruh terhadap tax avoidance, leverage berpengaruh terhadap tax avoidance. Kepemilikan institusional dapat memperkuat moderasi antara pengaruh karakter eksekutif dengan tax avoidance, kepemilikan institusional dapat memperlemah moderasi antara profitabilitas dan leverage dengan tax avoidance.
 JEL Classification : H26, G38, M41

The Role of Institutional Ownership as A Moderating Variable in Determining Disclosure of Tax Avoidance (Mining Sector Companies 2018-2022)

“…As a result, the corporation will have to pay less taxes. The findings are consistent with Handayani (2018), Hermawan et al (2021) that profitability affects tax avoidance but contrary to Aulia & Purwasih (2023), Rahmawati & Nani (2021), Prasatya et al (2020).…”

“…Thus, it can be concluded that institutional ownership has a significant role in determining policies related to effective tax levels. Prasatya (2020) research results show that institutional ownership can moderate the profitability of tax avoidance. Businesses that generate large profits must also be prepared to face large tax deferrals as well, where institutional investors can prevent agents from carrying out tax avoidance practices because of the supervision carried out so that management carries out correct tax procedures.…”

“…In addition, Hermawan et al (2021) find that profitability affects companies' tax avoidance. However, Aulia & Purwasih (2023), Rahmawati & Nani (2021), Prasatya et al (2020), and Mailia & Apollo (2020) profitability does not affect the company's tendency to carry out avoidance of taxes.…”

Pengaruh Leverage, Capital Intensity, dan Profitabilitas Terhadap Tax Avoidance

“…Berbanding terbalik, hasil bahwa leverage berpengaruh negatif disebutkan oleh (Dewi & Noviari, 2017). Prasatya et al (2020) menyebutkan bahwa leverage berpengaruh terhadap tax avoidance. Bertolak belakang dengan hasil sebelumnya, hasil penelitian Rifai & Atiningsih (2019) menjelaskan bahwa leverage tidak berpengaruh terhadap tax avoidance.…”

“…Hal ini bertentangan oleh hasil penelitian Ayuningtyas & Sujana (2018) bahwa profitabilitas berpengaruh negatif terhadap tax avoidance selaras dengan penelitian (Susanti, 2018). Prasatya et al (2020) menyebutkan bahwa profitabilitas tidak berpengaruh terhadap tax avoidance.…”