The Influence of Thin Capitalization and The Executives Characteristics Toward Tax Avoidance by Manufacturers Registered on ISE in 2011-2015
DOI:
https://doi.org/10.26740/jaj.v10n2.p119-134Keywords:
Executives’ Characters, Tax Avoidance, Thin CapilatizationAbstract
This study aims to analyze the effect of thin capitalization and executives characteristics based on tax avoidance. The sample consists of 38 manufacturing companies listed on the Indonesia Stock Exchange in 2011-2015 and they will be determined by several criteria. The results of multiple regression analysis shows that the thin capitalization and executives characteristics positively affect tax avoidance. These results are consistent with the view that companies tend to increase interest of their debt (thin capitalization) to minimize the tax burden and the executives characteristics has an important role in the action.
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Ngadiman & Puspitasari, C. (2014). Pengaruh Leverage, Kepemilikan Institusional, Dan Ukuran Perusahaan Terhadap Penghindaran Pajak (Tax Avoidance) Pada Perusahaan Sektor Manufaktur Yang Terdaftar Di Bursa Efek Indonesia 2010-2012. Jurnal Akuntansi XVIII(3): 40821.
Paligorova, T. (2010). Corporate Risk Taking and Ownership Structure Corporate Risk Taking and Ownership. Bank of Canada Working Paper: 141.
Penman, S. H., Richardson, S. A., & Tuna, I. (2007). The Book-to-Price Effect in Stock Returns: Accounting for Leverage. Journal of Accounting Research 45(2): 42767.
Rahayu, N. (2010). Evaluasi Regulasi Atas Praktik Penghindaran Pajak Penanaman Modal Asing. Jurnal Akuntansi dan Keuangan Indonesia 7(1): 6178.
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Azwar, S. (2013). Sikap Manusia¯: Teori Dan Pengukurannya. 2nd ed. Pustaka Pelajar.
Bank Indonesia. (2014). Laporan Perekonomian Indonesia (Indonesian Economy Report). http://www.bi.go.id/id.
Budiman, J., & Setiyono. (2012). Pengaruh Karakter Eksekutif Terhadap Penghindaran Pajak (Tax Avoidance). SNA XV Banjarmasin: 122.
Butje, S., & Tjondro, E. (2014). Pengaruh Karakter Eksekutif Dan Koneksi Politik Terhadap Tax Avoidance. Tax & Accounting Review 4(2): 122.
Deddy. (2015). ICIJ: Indonesia Urutan Ke-95 Skandal Swiss Leaks. CCN Indonesia. http://www.cnnindonesia.com.
Desai, M. A., Foley, C. F., & Hines, J. R. (2006). The Demand for Tax Haven Operations. Journal of Public Economics 90(3): 51331.
Desai, M. A., & Hines, J. R. 2002. Expectations and Expatriations: Tracing The Causes and Consequences of Corporate Inversions. Nber Working Paper Series Expectations: 143.
Dyreng, S. D., Hanlon, M., & Maydew E. L. (2010). The Effects of Executives on Corporate Tax Avoidance. Accounting Review 85(4): 116389.
Ghozali, I. (2013). Aplikasi Analisis Multivariat Dengan Program IBM SPSS 21. 7th ed. Semarang: Universitas Diponegoro.
Hanlon, M., & Heitzman, S. (2010). A Review of Tax Research. Journal of Accounting and Economics 50(23): 12778.
Hartono, J. (2013). Metodologi Penelitian Bisnis. 6th ed. Yogyakarta: BPFE.
International Consortium of Investigative Journalist. (2015). Top Countries Swiss Leaks. https://projects.icij.org/swiss-leaks/countries/rankings#money.
Ismi, F., & Linda. (2016). Pengaruh Thin Capitalization, Return On Asset, dan Corporate Governance Pada Perusahaan Jakarta Islami Index ( JII ). Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi (JIMEKA) 1(1): 15065.
Jacob, F. (2014). An Empirical Study of Tax Evasion and Tax Avoidance: A Critical Issue in Nigeria Economic Development. Issn 5(18): 2227. www.iiste.org.
Kementerian Keuangan. (2015). PMK-169/PMK.010/2015 Penentuan Besarnya Perbandingan Antara Utang Dan Modal Perusahaan Untuk Keperluan Penghitungan PPh.
Kurniawan, A. M. (2015). Pajak Internasional Beserta Contoh Aplikasinya. kedua. Bogor: Ghalia Indonesia.
Low, A. (2006). Managerial Risk-Taking Behavior and Equity-Based Compensation. The Journal of the American Taxation Association 23(1): 119.
Ngadiman & Puspitasari, C. (2014). Pengaruh Leverage, Kepemilikan Institusional, Dan Ukuran Perusahaan Terhadap Penghindaran Pajak (Tax Avoidance) Pada Perusahaan Sektor Manufaktur Yang Terdaftar Di Bursa Efek Indonesia 2010-2012. Jurnal Akuntansi XVIII(3): 40821.
Paligorova, T. (2010). Corporate Risk Taking and Ownership Structure Corporate Risk Taking and Ownership. Bank of Canada Working Paper: 141.
Penman, S. H., Richardson, S. A., & Tuna, I. (2007). The Book-to-Price Effect in Stock Returns: Accounting for Leverage. Journal of Accounting Research 45(2): 42767.
Rahayu, N. (2010). Evaluasi Regulasi Atas Praktik Penghindaran Pajak Penanaman Modal Asing. Jurnal Akuntansi dan Keuangan Indonesia 7(1): 6178.
Suandy, E. (2016). Perencanaan Pajak. Keenam. Jakarta: Salemba Empat.
Sudiarta, I. W. (2016). Panama Papers Dan Praktik Penghindaran Pajak. CCN Indonesia.
Sugiyono. (2015). Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Bandung: Alafabeta.
Taylor, G., & Richardson, G. (2012). International Corporate Tax Avoidance Practices: Evidence from Australian Firms. International Journal of Accounting 47(4): 46996.
Zain, M. (2008). Manajemen Perpajakan. 3rd ed. Jakarta: Salemba Empat.
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Published
2019-04-29
How to Cite
Prastiwi, D., & Ratnasari, R. (2019). The Influence of Thin Capitalization and The Executives Characteristics Toward Tax Avoidance by Manufacturers Registered on ISE in 2011-2015. AKRUAL: Jurnal Akuntansi, 10(2), 119–134. https://doi.org/10.26740/jaj.v10n2.p119-134
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