Pengaruh Corporate Governance terhadap Tax Avoidance (pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2015)
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Abstract
Penelitian ini bertujuan untuk menguji pengaruh antara corporate governance yang diproksikan dengan board size, board independence, frequency of board meeting, audit committee dan audit reputation terhadap tax avoidance. Corporate governance digunakan sebagai variabel independen. Tax avoidance sebagai variabel dependen dalam penelitian ini diukur dengan menggunakan cash ETR (Effective Tax Rate). Penelitian ini juga menggunakan variabel antara (intervening variable) yaitu financial performance yang diukur dengan menggukan Tobin’s Q, ROA, dan ROE. Juga menggunakan variabel moderating, yaitu competitive intensity yang diukur dengan Herfindahl-Hirschman Index (HHI). Sampel yang digunakan adalah perusahaan yang terdaftar di Bursa Efek Indonesia tahun 2010-2015. Hipotesis dalam penelitian ini diuji menggunakan regresi linier berganda. Hasil penelitian ini menunjukkan bahwa terdapat pengaruh yang signifikan antara corporate governance terhadap financial performance. Sedangkan financial performance dan corporate governance tidak mempunyai pengaruh yang signifikan terhadap tax avoidance
Kata kunci: Corporate governance, board size, board independence, frequency of board meeting, audit committee, audit reputation, ETR, Tobin’s Q, ROA, ROE, tax avoidance.
This study aims to examine the effect of corporate governance proxyed with board size, board independence, frequency of board meeting, audit committee and audit reputation against tax avoidance. Corporate governance is used as an independent variable. Tax avoidance as the dependent variable in this study was measured using cash ETR (Effective Tax Rate). This research also uses intervening variable that is financial performance measured by Tobin's Q, ROA, and ROE. Also use moderating variables, ie competitive intensity as measured by Herfindahl-Hirschman Index (HHI). The sample used is companies listed on the Indonesia Stock Exchange 2010-2015. The hypothesis in this study was measured using multiple linear regression. The results of this study indicate that there is a significant influence between corporate governance on financial performance. Meanwhile, financial performance and corporate governance have no significant effect on tax avoidance.
Keywords: Corporate governance, board size, board independence, frequency of board meeting, audit committee, audit reputation, ETR, Tobin’s Q, ROA, ROE, tax avoidance
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