The Impact of Corporate Governance Mechanisms on Corporate Tax Avoidance in Indonesia Public Companies for the Period 2019–2023
Kata Kunci:
Tax avoidance, Corporate governance, Effective tax rateAbstrak
Tax avoidance remains a critical issue in Indonesia. This study analyzes the impact of corporate governance mechanisms on tax avoidance in non-financial public companies in Indonesia during 2019–2023. Data were obtained from annual reports of 171 companies (670 observations) and analyzed using multiple linear regression with a Random Effect Model. Independent variables include audit quality, audit committee size, managerial ownership, independent board of commissioners, and institutional ownership. Results show that audit quality and managerial ownership reduce tax avoidance, while the other three variables have no significant effect. Regulators are advised to strengthen the roles of external auditors and managerial ownership in corporate governance.
Referensi
Achmad, T., Helmina, M. R. A., Hapsari, D. I., & Pamungkas, I. D. (2023). Does Independent Commissioner Affect Tax Avoidance? Evidence from Mining Companies in Indonesia. World Scientific and Engineering Academy and Society. https://doi.org/10.37394/23207.2023.20.166
Alfandia, N. S., & Putri, P. A. (2023). Audit committees, political connections, and audit quality on tax avoidance. Journal of Management Science (JMAS), 6(2), 211–216.
Alkurdi, A., & Mardini, G. H. (2020). The impact of ownership structure and the board of directors’ composition on tax avoidance strategies: Empirical evidence from Jordan. Journal of Financial Reporting and Accounting, 18(4), 795–812. https://doi.org/10.1108/JFRA-01-2020-0001
Almaharmeh, M. I., Shehadeh, A., Alkayed, H., Aladwan, M., & Iskandrani, M. (2024). Family Ownership, Corporate Governance Quality and Tax Avoidance: Evidence from an Emerging Market—The Case of Jordan. Multidisciplinary Digital Publishing Institute (MDPI). https://doi.org/10.3390/jrfm17020086
Badan Pusat Statistik. (2024). Statistik Indonesia 2024 (Vol. 52). Badan Pusat Statistik.
Dang, V. C., & Nguyen, Q. K. (2022). Audit committee characteristics and tax avoidance: Evidence from an emerging economy. Cogent Economics & Finance, 10(1), 2023263. https://doi.org/10.1080/23322039.2021.2023263
Gosselin, R.-D. (2024). Testing for normality: A user’s (cautionary) guide. Laboratory Animals, 58(5), 433–437. https://doi.org/10.1177/00236772241276808
Gujarati, D. N., & Porter, D. C. (2011). Dasar-dasar Ekonometrika (5th ed.). Salemba Empat.
Handoyo, S., Wicaksono, A. P., & Darmesti, A. (2022). Does Corporate Governance Support Tax Avoidance Practice in Indonesia? Innovative Research Publishing. https://doi.org/10.53894/ijirss.v5i3.505
Hassan, N., Masum, M. H., & Sarkar, J. B. (2022). Ownership Structure And Corporate Tax Avoidance: Evidence From The Listed Companies Of Bangladesh; [Struktura Własności I Unikanie Podatków Od Korporacji: Przykłady Z Wymiennych Spółek Z Bangladeszu]. Czestochowa University of Technology. https://doi.org/10.17512/pjms.2022.25.1.09
Hoechle, D. (2007). Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence. The Stata Journal: Promoting Communications on Statistics and Stata, 7(3), 281–312. https://doi.org/10.1177/1536867X0700700301
Islam, Md. N., & Hashim, F. (2023). Audit Committee Attributes and Corporate Tax Avoidance: The Moderating Role of Audit Committee Independence. International Journal of Advanced Research in Economics and Finance, 5(1), 99–113. https://doi.org/10.55057/ijaref.2023.5.1.11
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Karlinah, Lady, Meutia, Hanifah, I. A., & Ismawati, I. (2024). How does Financial Performance Moderate the Effect of Corporate Governance Mechanisms on Tax Avoidance? SRAC - Romanian Society for Quality. https://doi.org/10.47750/QAS/25.201.32
Kurniasih, L., Yusri, Y., & Hassan, A. F. S. (2022). Association of Tax Haven and Corporate Tax Avoidance: Does Political Connection Matter? Universiti Putra Malaysia. https://doi.org/10.47836/IJEAMSI.16.1.001
Lestari, N., & Nedya, S. (2019). The Effect of Audit Quality on Tax Avoidance. Proceedings of the International Conference On Applied Science and Technology 2019 - Social Sciences Track (iCASTSS 2019), 354, 329–333. Nusa Dua, Indonesia: Atlantis Press. https://doi.org/10.2991/icastss-19.2019.69
Meiza, A. (2023). Statistika Dasar Untuk Ilmu-Ilmu Sosial. Deepublish Digital.
Melani, A., & Tulus, B. Y. (2019, July 5). Adaro Tersandung Kasus Dugaan Penggelapan Pajak USD 14 Juta Tiap Tahun Sejak 2009. Merdeka.Com.
Rizqia, A., & Lastiati, A. (2021). Audit Quality and Tax Avoidance: The Role of Independent Commissioners and Audit Committee’s Financial Expertise. Journal of Accounting Auditing and Business, 4(1), 14–31. https://doi.org/10.24198/jaab.v4i1.29642
Schmidt, A. F., & Finan, C. (2018). Linear regression and the normality assumption. Journal of Clinical Epidemiology, 98, 146–151. https://doi.org/10.1016/j.jclinepi.2017.12.006
Sulfia, I., & Rusmanto, T. (2024). The role of corporate governance in mitigating tax avoidance. Journal of Governance and Regulation, 13(4, special issue), 236–246. https://doi.org/10.22495/jgrv13i4siart2
Tee, C. M., Teoh, T.-T. M., & Hooy, C. W. (2022). Political Connection Types and Corporate Tax Avoidance: Evidence from Malaysia. Malaysian Economic Association. https://doi.org/10.22452/MJES.vol59no2.2
tradingeconomics.com. (2025). Tax Revenue (% Of GDP). Retrieved 20 May 2025, from Tradingeconomics.com website: tradingeconomics.com
Wenwu, X., Khurram, M. U., Qing, L., & Rafiq, A. (2023). Management equity incentives and corporate tax avoidance: Moderating role of the internal control. Frontiers Media S.A. https://doi.org/10.3389/fpsyg.2023.1096674
Wongsinhirun, N., Chatjuthamard, P., Chintrakarn, P., & Jiraporn, P. (2024). Tax avoidance, managerial ownership, and agency conflicts. Finance Research Letters, 61, 104937. https://doi.org/10.1016/j.frl.2023.104937
Yahaya, O. A. (2025). Audit Committee and Tax Aggressiveness. Journal of Auditing and Assurance, 15(1), 112–145. https://doi.org/dx.doi/10.28312/jaa.v15i1.112
Yusdi, A. (2019, April 27). Saksi Kunci; Pembocor Skandal Pajak Sukanto Tanoto. Indonesiana. Retrieved from https://www.indonesiana.id/read/80481/saksi-Kunci-pembocor-skandal-pajak-sukanto-tanoto,
Unduhan
Diterbitkan
Cara Mengutip
Terbitan
Bagian
Lisensi
Hak Cipta (c) 2025 Yosua Hananto Pratama, Lintang
Artikel ini berlisensiCreative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
