The Effect of Financial Performance and Corporate Governance on Tax Avoidance in Manufacturing Companies listed on the Indonesia Stock Exchange 2015–2019
https://doi.org/10.18184/2079-4665.2022.13.1.126-137
Abstract
Purpose: this study aims to study the effect of financial performance and corporate governance on tax avoidance in manufacturing companies listed on the Indonesia Stock Exchange in 2015–2019.
Methods: financial performance and corporate governance as independent variables with financial performance indicators are ROA, ROE and Leverage while indicators of corporate governance are the board of commissioners, audit committee and external audit quality. Tax avoidance as the dependent variable was measured by using ETR (effective tax rate). This research uses purposive sampling to get a sample size of 60 companies around 5 years and use common effect panel data regression analysis. The data in this study were analyzed with Eviews 9.0.
Results: (1) Financial Performance as measured by ROA, ROE and leverage. ROA and leverage has an indication on tax avoidance while ROE has no an indication on tax avoidance in listed manufacturing companies on the IDX in 2015-2019. (2) Corporate Governance as measured by the board of commissioners, audit committee and external audit quality shows that has an indication on tax avoidance in listed manufacturing companies on the IDX in 2015–2019.
Conclusions and Relevance: the results of the study prove that ROA, leverage, the board of commissioners, audit committee and external audit quality have a significant and significant effect on tax avoidance, but the ROE variable has no significant effect on tax avoidance in listed manufacturing companies on the IDX in 2015–2019.
About the Authors
J. Raudhatul
Sriwijaya University (UNSRI)
Indonesia
Competing Interests:
Indonesia
Raudhatul Jannah - Faculty of Economy, Sriwijaya University (UNSRI).
Ilir Barat 1, Palembang, South Sumatera, 30128.
Competing Interests:
The Authors declare that there is no Conflict of Interest.
. Azwardi
Sriwijaya University (UNSRI)
Indonesia
Competing Interests:
Indonesia
Azwardi - Faculty of Economy, Sriwijaya University (UNSRI).
Ilir Barat 1, Palembang, South Sumatera, 30128.
Competing Interests:
The Authors declare that there is no Conflict of Interest.
S. Sa’adah
Sriwijaya University (UNSRI)
Indonesia
Competing Interests:
Indonesia
Sa’adah Siddik - Faculty of Economy, Sriwijaya University (UNSRI).
Ilir Barat 1, Palembang, South Sumatera, 30128.
Competing Interests:
The Authors declare that there is no Conflict of Interest.
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Review
For citations:
Raudhatul J., Azwardi , Sa’adah S. The Effect of Financial Performance and Corporate Governance on Tax Avoidance in Manufacturing Companies listed on the Indonesia Stock Exchange 2015–2019. MIR (Modernization. Innovation. Research). 2022;13(1):126-137. https://doi.org/10.18184/2079-4665.2022.13.1.126-137
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