The Effect of Tax Avoidance on Cost Of Debt with Institutional Ownership as Moderating Variable

Putu Dhear Sari Artana; Ni Luh Supadmi

doi:10.54471/muhasabatuna.v7i1.3196

Authors

Putu Dhear Sari Artana Fakultas Ekonomi dan Bisnis, Universitas Udayana, Bali
Ni Luh Supadmi Fakultas Ekonomi dan Bisnis, Universitas Udayana, Bali

DOI:

https://doi.org/10.54471/muhasabatuna.v7i1.3196

Keywords:

Tax Avoidance, Cost Of Debt, Ownership Institutional

Abstract

This study aims to examine the effect of tax avoidance on the cost of debt and also examine the effect of institutional ownership in moderating the relationship between tax avoidance on the cost of debt in mining companies listed on the Indonesia Stock Exchange. The research design is structured as quantitive research. The number of observations was 30 companies using purposive sampling method. The researcher’s analysis technique is multiple linear regression. The result of the study show that the tax avoidance variable has no effect on the cost of debt. Meanwhile, institutional ownership cannot moderate either strengthen or weaken the effect of tax avoidance on the cost of debt. The implications of this study is to assist the Director General of Taxes in identifying tax avoidance practices, provide more in-depth information about tax avoidance for taxpayers, and to offer insights related to tax avoidance on the cost of debt.

Downloads

Download data is not yet available.

References

Abdussaid, A., Kirana, D., Miftah, M., Abdussaid, A., Dwi, ), Kirana, J., & Miftah, ) Munasiron. (2021). Pengaruh Tax Avoidance dan Struktur Kepemilikan terhadap Cost Of Debt. In Jurnal Penelitian Akuntansi (Vol. 2, Issue 1). www.finance.detik.com

Blaufus, K., Möhlmann, A., & Schwäbe, A. N. (2019). Stock price reactions to news about corporate tax avoidance and evasion. Journal of Economic Psychology, 72, 278–292.

Cooper, D.R., & Schindler, P. (2001). Business Research Methods. New York: McGraw-Hill Companies, Inc., eight edition.

Dan Suminar, & Luh Nadi. (2020). Pengaruh Tax Avoidance, Earnings Management, dan Kepemilikan Manajerial terhadap Cost Of Debt. Jurnal Wahana Akuntansi, 15(2), 153–162. https://doi.org/10.21009/wahana.15.023

Dewi, A. P. S., & Ardiyanto, M. D. (2020). Pengaruh Penghindaran Pajak Dan Risiko Pajak Terhadap Biaya Utang (Studi Empiris Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2018). Diponegoro Journal of Accounting, 9(3).

Dewi, G. A. P., & Sari, M. M. R. (2015). Pengaruh insentif eksekutif, corporate risk dan corporate governance pada tax avoidance. E-Jurnal Akuntansi Universitas Udayana, 13(1), 50–67.

Dhananjaya, K. K., & Erawati, N. M. A. (2023). Penghindaran Pajak Cost of Debt dengan Kepemilikan Institusional Sebagai Variabel Moderasi.

Dirman, A. (2020). Cost of Debt: The Impact Of Financial Factors and Non- Financial Factors. Dinasti International Journal of Economics, Finance & Accounting, 1(4), 550–567.

Ekasanti Santosa, J., Jaya Yogyakarta Heni Kurniawan, A., & Jaya Yogyakarta, A. (2016). Analisis Pengaruh Tax Avoidance terhadap Cost Of Debt pada Perusahaan Manufaktur yang Terdaftar di BEI Selama Periode 2010-2014. MODUS, 28(2), 139–154.

Hasan, I., Hoi, C. K. S., Wu, Q., & Zhang, H. (2014). Beauty is in the eye of the beholder: The effect of corporate tax avoidance on the cost of bank loans. Journal of Financial Economics, 113(1), 109–130.

Khoirul Nisa, A., & Wulandari, S. (2021). Pengaruh Tax Avoidance dan Kepemilikan Institusional terhadap Cost Of Dept pada Perusahaan Makanan dan Minuman (Vol. 5, Issue 2).

Mardiasmo. (2018). Perpajakan Edisi Revisi 2018. Yogyakarta: Andi

Merawati, L. K., & Pramitha, G. D. (2020). Struktur kepemilikan, kinerja keuangan dan pengungkapan corporate social responsibility. Juara: Jurnal Riset Akuntansi, 10(1).

Mulyadi, M. S., & Anwar, Y. (2015). Corporate governance, earnings management and tax management. Procedia-Social and Behavioral Sciences, 177, 363–366.

Prastyatini, S. L. Y., & Safitri, E. I. (2022). Pengaruh Tax Avoidance, Kepemilikan Manajerial dan Kualitas Audit terhadap Cost of Debt: Studi Kasus di Perusahaan Farmasi yang Listing di BEI Tahun 2016-2020. Reslaj: Religion Education Social Laa Roiba Journal, 4(5), 1408–1418.

Sinaga, A. (2023). Pengaruh Tax Avoidance terhadap Cost Of Debt dengan Kepemilikan Institusional sebagai Variabel Moderasi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Pada Periode 2019-2021.

Suparman, S., Toni, N., & Tarigan, E. B. (2022). The Effect of Tax Avoidance and Tax Risk on the Cost of Debt with Institutional Ownership as Moderating Variables in the Sub-Sector of Large Trade Listed on the Bei. International Journal of Social Science Research and Review, 5(9), 166–174.

Suwiknyo, E. (2021). Mayoritas Perusahaan Tambang Belum Transparan Soal Pajak. Ekonomi. Bisnis. Com. Https://Ekonomi. Bisnis. Com/Read/20210802/259/1424816/Mayoritas-Perusahaan-Tambang-Belum- Transparan-Soal-Pajak.

Taner, G. B. (2020). Pengaruh penerapan good corporate governance terhadap kinerja keuangan perusahaan (studi pada perusahaan subsektor transportasi yang terdaftar di Bursa Efek Indonesia Periode 2017-2019). Jurnal Ilmiah Mahasiswa FEB, 9(1)