The Effect Of Good Corporate Governance And Financial Ratios On Tax Avoidance

Stefanus Miguel Jacob Lie, Intan Shaferi, Fitri Amalinda Harahap, Suparjito Suparjito

Abstract


Tax avoidance is a practice carried out by companies to reduce tax obligations by utilizing the shortcomings of tax policy. The study goals to ascertain good corporate governance and financial ratios effect towards tax avoidance behavior in insurance companies listed on the Indonesia Stock Exchange from 2020-2023. The research method used by researchers is quantitative method. The population of the study consisted of 18 companies. Sample collection using purposive sampling method, the sample of the study consisted of 12 samples of annual reports with time span of 2019-2023 and total of 60 annual report samples. Research analysis tools, using Stata-17 with data analysis techniques using panel data regression analysis. The results showed that Good Corporate Governance proxied by board of directors showed negative effect on tax avoidance. While institutional ownership, independent commissioners and financial ratio proxied by profitability, leverage, capital intensity sales growth have no effect on tax avoidance.

Keywords: Good Corporate Governance, Financial Ratio, Tax Avoidance.


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References


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