PENGARUH PROFITABILITAS, KEPEMILIKAN KELUARGA DAN CORPORATE GOVERNANCE TERHADAP PENGHINDARAN PAJAK DI INDONESIA
Keywords:
profitability, family ownership, corporate governance, tax avoidanceAbstract
This study aims to determine the effect of profitability, family ownership and corporate governance to tax avoidance in companies listed on the Indonesia Stock Exchange 2012-2016. The elements of corporate governance contain the proportion of the board of commissioners, and the committee audit, while profitability contains return on assets and family ownership. The sample of this research is property company, real estate, and building construction which listed in Indonesia Stock Exchange year 2012-2014. The sample that is built is not experiencing losses and selected by purposive sampling. Data analysis used multiple regression to test the hypothesis. The results show that profitability, family ownership and corporate governance significantly influence tax avoidance
References
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Anderson, R. dan Reeb, D. (2003). Founding Family Ownership and Firm Performance: Evidence from the S&P 500. Journal of Finance, 58, 1301-1328.
Andreoni, J., Erard, B. & Feinstein, J. (1998). Tax compliance. Journal of Economic Literature, 36, 818-860.
Berle, A. dan Means, C. (1932). The modern corporation and private property. Macmillan, New York
Claessens, S. dan S. Djankov.(1999). Ownership concentration and corporate performance in the Czech Republic. Journal of Comparative Economics, 27, 498-513
Chen, S., Chen, X., Cheng, Q dan Shevlin, T. (2010). Are Family Firms More Tax Aggresive than Non-Family Firms?. Journal of Financial Economics, 95, 41-61.
Desai, M., Dyck, A., and Zingales, L. (2007). Theft and Taxes. Journal of Financial Economics, 84, 591-623.
Desai, M. and Dharmapala, D. (2009). Corporate Tax Avoidance and Firm Value. Review of Economics and Statistics, 91, 537-546.
Fernandes, V.L., A.L. Martinez, dan V. Nossa. (2013). The Influence of the best Corporate Governance practices on the allocation of value added to taxes: A Brazilian case contabilidade, gestão egovernança. Brasilia 16 (3).
Graham, J.R., Lang, M.H., and Shackelford, D.A. (2004). Employee Stock Options, Corporate Taxes and Debt Policy. Journal of Finance. 17 (6), 78-83.
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Hanlon, M. & Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50, 127-178.
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James, O.K., dan E.I. Igbeng. (2014). Corporate Governance, shareholders wealth maximization and tax avoidance. Research Journal of Finance and Accounting 5 (2): 127–130
Jensen, M., C. dan William H. Meckling. (1976). Theory of the firm: managerial behavior, agency cost, and ownership structure. Journal of Finance Economics 3 pp. 305-360
Khoala, A. (2013). Does Corporate Governance affect tax planning? Evidence from American companies. International Journal of Advanced Research 1 (10):864–873
King, Michael R., Santor, Eric. (2007). Family values: ownership structure and performance of Canadian Firms. JEL classification: G12; G15
Kurniasih, T., & Sari, M. M. (2013). Pengaruh Profitabilitass, Leverage, Corporate Governance, Ukuran Perusahaan, dan Kompensasi Rugi Fiskal pada Tax Avoidance. Buletin Studi Ekonomi , 18, 58 – 66
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Lim, YD. (2011). Tax avoidance, cost of debt and shareholder activism: Evidence from Korea. Journal of Banking & Finance 35, 456–470.
Lukviarman, N. (2006). Etika bisnis tidak berjalan di Indonesia: Ada apa dalam Corporate Governance? Jurnal Siasat Bisnis 9 (2): 139–156
Mahenthiran, S. & Kasipillai, J.. (2012). Influence of ownership structure and corporate governance on effective tax rates and tax planning: Malaysian evidence. Australian Tax Forum, 27(4), 941-969
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Noor, R. M., Mastuki, N. A. & Bardai, B. (2008). Corporate effective tax rates: a study on Malaysian public listed companies. Malaysian Accounting Review, 7, 1-20.
Richardson, G dan Lanis, R. (2011). The effect of board of director composition on corporate tax aggressiveness. Journal of Accounting and Public Policy, 30(1), 50-70
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Salihu, I. A. (2014). Investigating the determinants of corporate tax avoidance among Malaysian public listed companies. Dissertation. International Islamic University Malaysia, Kuala Lumpur.
Salihu, I. A., Sheikh Obid, S. N. and Annuar, H. A. (2013). Measures of corporate tax avoidance: empirical evidence from an emerging economy. International Journal of Business and Society, 14 (3), 412 -42
Sunaryo. (2016). Effect of Family Ownership Towards Tax Aggressiveness On Food and Beverage Induatrial Company Listed Indonesia Stock Exchange. Binus Business Review, 7(1), May 2016, 53-57
Sonja, O. R. (2002). Tax Avoidance Activities of U.S. Multinational Corporations. Working Paper Series, Tippie College of Business, University of Iowa, 2-10
Tedds, L. (2006). Tax non-compliance and corporate governance: a comparative study. Working paper, University of Manitoba
Uadiale, O. M., Fagbemi, T. O. & Ogunleye, J. O. (2010). An empirical study of the relationship between culture and personal income tax evasion in Nigeria. European Journal of Economics, Finance and Administrative Sciences, 20, 116-126
Villangola, B. dan R. Amit. (2006). How do family ownership, control and management affect firm value?. Journal of Financial economics 80, 385-417
Zhang, H-X. & Han, M-F. (2008). Tax planning analysis based on listed company with different ownership structure-the empirical evidence from State-owned listed company and private listed company in China. China Soft Science, 9, 122-131.
Zoe, P., and John, P. (2010).The Morality of Tax Avoidance. Creighton Law Review, Victoria University of Wellington and UBC Faculty of Law, 20, 101-158.
Anderson, R. dan Reeb, D. (2003). Founding Family Ownership and Firm Performance: Evidence from the S&P 500. Journal of Finance, 58, 1301-1328.
Andreoni, J., Erard, B. & Feinstein, J. (1998). Tax compliance. Journal of Economic Literature, 36, 818-860.
Berle, A. dan Means, C. (1932). The modern corporation and private property. Macmillan, New York
Claessens, S. dan S. Djankov.(1999). Ownership concentration and corporate performance in the Czech Republic. Journal of Comparative Economics, 27, 498-513
Chen, S., Chen, X., Cheng, Q dan Shevlin, T. (2010). Are Family Firms More Tax Aggresive than Non-Family Firms?. Journal of Financial Economics, 95, 41-61.
Desai, M., Dyck, A., and Zingales, L. (2007). Theft and Taxes. Journal of Financial Economics, 84, 591-623.
Desai, M. and Dharmapala, D. (2009). Corporate Tax Avoidance and Firm Value. Review of Economics and Statistics, 91, 537-546.
Fernandes, V.L., A.L. Martinez, dan V. Nossa. (2013). The Influence of the best Corporate Governance practices on the allocation of value added to taxes: A Brazilian case contabilidade, gestão egovernança. Brasilia 16 (3).
Graham, J.R., Lang, M.H., and Shackelford, D.A. (2004). Employee Stock Options, Corporate Taxes and Debt Policy. Journal of Finance. 17 (6), 78-83.
Graham, J. (2003). Taxes and Corporate Finance: A Review. Review of Financial Studies, 16, 1075-1129
Gupta, S. and Newberry, K. (1997). Determinants of Variability in Corporate Effective Tax Rates: Evidence from Longitudinal Data. Journal of Accounting and Public Policy. 16, 1-34
Hanlon, M. & Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50, 127-178.
Hundal, S. (2011, March, 29). Why tax avoidance is among the biggest issues of our generation. Liberal Conspiracy. Retrieved from
James, O.K., dan E.I. Igbeng. (2014). Corporate Governance, shareholders wealth maximization and tax avoidance. Research Journal of Finance and Accounting 5 (2): 127–130
Jensen, M., C. dan William H. Meckling. (1976). Theory of the firm: managerial behavior, agency cost, and ownership structure. Journal of Finance Economics 3 pp. 305-360
Khoala, A. (2013). Does Corporate Governance affect tax planning? Evidence from American companies. International Journal of Advanced Research 1 (10):864–873
King, Michael R., Santor, Eric. (2007). Family values: ownership structure and performance of Canadian Firms. JEL classification: G12; G15
Kurniasih, T., & Sari, M. M. (2013). Pengaruh Profitabilitass, Leverage, Corporate Governance, Ukuran Perusahaan, dan Kompensasi Rugi Fiskal pada Tax Avoidance. Buletin Studi Ekonomi , 18, 58 – 66
Lisowsky, P. (2012). Identifying, measuring and mitigating tax avoidance. Available at: http://aaahq.org/ata/meetings/midyear.meetings/2012/2012%20DocCon%20Prese ntation%20Tax%20Avoidance%20Lisowsky.pdf
Lim, YD. (2011). Tax avoidance, cost of debt and shareholder activism: Evidence from Korea. Journal of Banking & Finance 35, 456–470.
Lukviarman, N. (2006). Etika bisnis tidak berjalan di Indonesia: Ada apa dalam Corporate Governance? Jurnal Siasat Bisnis 9 (2): 139–156
Mahenthiran, S. & Kasipillai, J.. (2012). Influence of ownership structure and corporate governance on effective tax rates and tax planning: Malaysian evidence. Australian Tax Forum, 27(4), 941-969
Minnick, Kristina dan Tracy Noga. (2010). “Do Corporate Governance Characteristics Influence Tax Management?”. Journal of Corporate Finance,Vol. 16, h. 703-718
Noor, R. M., Mastuki, N. A. & Bardai, B. (2008). Corporate effective tax rates: a study on Malaysian public listed companies. Malaysian Accounting Review, 7, 1-20.
Richardson, G dan Lanis, R. (2011). The effect of board of director composition on corporate tax aggressiveness. Journal of Accounting and Public Policy, 30(1), 50-70
Prastowo, Y. (2011). Panduan Lengkap Pajak. Jakarta: Raih Asa Sukses
Sabli, N., dan R.M. Noor. (2012). Tax planning and Corporate Governance. In The 3rd International Conference on Business and Economic Research (3rd ICBER 2012) Proceeding
Salihu, I. A. (2014). Investigating the determinants of corporate tax avoidance among Malaysian public listed companies. Dissertation. International Islamic University Malaysia, Kuala Lumpur.
Salihu, I. A., Sheikh Obid, S. N. and Annuar, H. A. (2013). Measures of corporate tax avoidance: empirical evidence from an emerging economy. International Journal of Business and Society, 14 (3), 412 -42
Sunaryo. (2016). Effect of Family Ownership Towards Tax Aggressiveness On Food and Beverage Induatrial Company Listed Indonesia Stock Exchange. Binus Business Review, 7(1), May 2016, 53-57
Sonja, O. R. (2002). Tax Avoidance Activities of U.S. Multinational Corporations. Working Paper Series, Tippie College of Business, University of Iowa, 2-10
Tedds, L. (2006). Tax non-compliance and corporate governance: a comparative study. Working paper, University of Manitoba
Uadiale, O. M., Fagbemi, T. O. & Ogunleye, J. O. (2010). An empirical study of the relationship between culture and personal income tax evasion in Nigeria. European Journal of Economics, Finance and Administrative Sciences, 20, 116-126
Villangola, B. dan R. Amit. (2006). How do family ownership, control and management affect firm value?. Journal of Financial economics 80, 385-417
Zhang, H-X. & Han, M-F. (2008). Tax planning analysis based on listed company with different ownership structure-the empirical evidence from State-owned listed company and private listed company in China. China Soft Science, 9, 122-131.
Zoe, P., and John, P. (2010).The Morality of Tax Avoidance. Creighton Law Review, Victoria University of Wellington and UBC Faculty of Law, 20, 101-158.
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Published
2019-07-24
How to Cite
Saputra, M. D., Susanti, J., & Istiarto, I. (2019). PENGARUH PROFITABILITAS, KEPEMILIKAN KELUARGA DAN CORPORATE GOVERNANCE TERHADAP PENGHINDARAN PAJAK DI INDONESIA. Valid: Jurnal Ilmiah, 16(2), 164–179. Retrieved from https://journal.stieamm.ac.id/valid/article/view/93
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