The Influence of Financial Factors on Tax Avoidance Practices, Moderated by the Role of Women on the Board of Directors: Case Study of a Mining Company Registered on the IDX from 2018 to 2022
Abstract
This research aims to investigate the impact of financial factors on the fulfillment of corporate tax obligations, especially in the mining sector, from 2018 to 2022. In addition, this research explores the role of women in top management and how their presence can influence tax avoidance practices. The research results show that financial factors have a significant impact on corporate tax avoidance practices. When moderated by the presence of women in top management, the impact of these factors can weaken tax avoidance practices. This research contributes to the understanding of the relationship between financial factors and tax avoidance, especially in the context of the mining sector by involving women in top management. However, this study recognizes shortcomings, such as the limited sample size and the proportion of variation influenced by other independent variables. Therefore, further research is recommended to improve this weakness by adding variables or expanding sector coverage.
Downloads
References
Aronmwan, E. J., & Okaiwele, I. M. (2020). Measuring Tax Avoidance using Effective Tax Rate : Concepts and Implications. Journal of Accounting and Management, 10(1), 27–38. https://www.researchgate.net/publication/342644528_Measuring_Tax_Avoidance_using_Effective_Tax_Rate_Concepts_and_Implications
Azzahra, Q. (2023). Rendahnya tax ratio di tengah tingginya korupsi dan penghindaran pajak. Alinea.Id. https://www.alinea.id/bisnis/rendahnya-tax-ratio-di-tengah-korupsi-dan-penghindaran-pajak-b2hQO9Mwo
cnbcindonesia.com. (2023). Wow! Rasio Pajak 16%, Kas Negara Tambah Rp1.100 T. https://www.cnbcindonesia.com/research/20231228065207-128-500786/wow-rasio-pajak-16-kas-negara-tambah-rp1100-t
DDTcNews.com. (2022). Penerimaan Pajak Sektor Pertambangan Naik 233,8%, Ini Kata Sri Mulyani. https://news.ddtc.co.id/penerimaan-pajak-sektor-pertambangan-naik-2338-ini-kata-sri-mulyani-42247
Duhoon, A., & Singh, M. (2023). Corporate tax avoidance: a systematic literature review and future research directions. Emerald. https://doi.org/10.1108/LBSJMR-12-2022-0082
Friedman, H. S., & Schustack, M. W. (2008). Kepribadian : teori klasik dan riset modern. Erlangga. https://opac.perpusnas.go.id/DetailOpac.aspx?id=266834
Hanlon, M., & Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50(2), 127–178. https://doi.org/https://doi.org/10.1016/j.jacceco.2010.09.002
Hoseini, M., Safari Gerayli, M., & Valiyan, H. (2019). Demographic characteristics of the board of directors’ structure and tax avoidance: Evidence from Tehran Stock Exchange. International Journal of Social Economics, 46(2), 199–212. https://doi.org/10.1108/IJSE-11-2017-0507
Irsan, M. (2020). Pengaruh Laverage, Profitabilitas dan Kepemilikan Institusional terhadap Penghindaran Pajak (Studi Empiris pada Perusahaan Industri Makanan dan Minuman di BEI). Jurnal Bisnis Dan Ekonomi, 2(2), 16–23.
Jarboui, A., Kachouri Ben Saad, M., & Riguen, R. (2020). Tax avoidance: do board gender diversity and sustainability performance make a difference? Journal of Financial Crime, 27(4), 1389–1408. https://doi.org/10.1108/JFC-09-2019-0122
Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. The Economic Nature of the Firm: A Reader, Third Edition. https://doi.org/10.1017/CBO9780511817410.023
Joevanca, N., & Suparmun, H. (2022). Determinan Tax Avoidance Pada Perusahaan Manufaktur. E-Jurnal Akuntansi TSM, 2(2), 843–854.
Karlberg, M. (2020). University of New Hampshire Scholars ’ Repository The Effects of CSR and Female Presence in Corporate Governance on Firm Tax Avoidance.
Kholifah, & Adinda, N. (2023). Effect of Sales Growth , Profitability , Firm Size and Leverage on Tax Avoidance ( Case Study of Automotive Companies on the Indonesia Stock Exchange 2017 – 2021 ). 5(3), 150–156. http://proceedings.worldconference.id
Kontan.com. (2023). Kontribusi Sektor Pertambangan dan Penggalian ke Pertumbuhan Ekonomi Terus Meningkat. https://nasional.kontan.co.id/news/kontribusi-sektor-pertambangan-dan-penggalian-ke-pertumbuhan-ekonomi-terus-meningkat
McKinsey.com. (2021). Why women are leaving the mining industry and what mining companies can do about it. https://www.mckinsey.com/industries/metals-and-mining/our-insights/why-women-are-leaving-the-mining-industry-and-what-mining-companies-can-do-about-it
Muh, A. A., & Yohanes. (2023). Pengaruh Profitabilitas, Capital Intensity dan Leverage terhadap Tax Avoidance. E-Jurnal Akuntansi TSM, 3(1), 1–16. https://doi.org/10.34208/ejatsm.v3i1.1834
Ningrum, A. K., Suprapti, E., & Hidayat Anwar, A. S. (2018). Pengaruh Pengungkapan Corporate Social Responsibility Terhadap Tax Avoidance Dengan Gender Sebagai Variabel Moderasi (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2016). BALANCE: Economic, Business, Management and Accounting Journal, 15(01). https://doi.org/10.30651/blc.v15i01.1260
Oktaviyani, R., & Munandar, A. (2017). Effect of Solvency, Sales Growth, and Institutional Ownership on Tax Avoidance with Profitability as Moderating Variables in Indonesian Property and Real Estate Companies. Binus Business Review, 8(3), 183. https://doi.org/10.21512/bbr.v8i3.3622
Prawati, L. D., & Hutagalung, J. P. U. (2020). the Effect of Capital Intensity, Executive Characteristics, and Sales Growth on Tax Avoidance. Journal of Applied Finance & Accounting, 7(2), 1–8. https://doi.org/10.21512/jafa.v7i2.6378
Puspitasari, T. O., & Njit, T. F. (2022). Faktor-Faktor Yang Mempengaruhi Tax Avoidance Pada Perusahaan Manufaktur Di Indonesia. E-Jurnal Akuntansi Trisakti School of Management, 2(1), 51–66. http://jurnaltsm.id/index.php/ejatsm
Putriningsih, D., Suyono, E., & Herwiyanti, E. (2019). Profitabilitas, Leverage, Komposisi Dewan Komisaris, Komite Audit, Dan Kompensasi Rugi Fiskal Terhadap Penghindaran Pajak Pada Perusahaan Perbankan. Jurnal Bisnis Dan Akuntansi, 20(2), 77–92. https://doi.org/10.34208/jba.v20i2.412
Rahman, B., & Cheisviyanny, C. (2020). Pengaruh Kualitas Pengungkapan Corporate Social Responsibility, Dewan Direksi Wanita Dan Dewan Komisaris Wanita Terhadap Tax Aggressive. Jurnal Eksplorasi Akuntansi, 2(3), 2942–2955. https://doi.org/10.24036/jea.v2i3.261
Rakia, R., Kachouri, M., & Jarboui, A. (2023). The moderating effect of women directors on the relationship between corporate social responsibility and corporate tax avoidance? Evidence from Malaysia. Journal of Accounting in Emerging Economies, 1991. https://doi.org/10.1108/JAEE-01-2021-0029
Reguera-Alvarado, N., Fuentes, P., & Laffarga, J. (2017). Does Board Gender Diversity Influence Financial Performance? Evidence from Spain. Journal of Business Ethics, 141(2), 337–350. https://econpapers.repec.org/RePEc:kap:jbuset:v:141:y:2017:i:2:d:10.1007_s10551-015-2735-9
Riguen, R., Salhi, B., & Jarboui, A. (2020). Do women in board represent less corporate tax avoidance? A moderation analysis. International Journal of Sociology and Social Policy, 40(1–2), 114–132. https://doi.org/10.1108/IJSSP-10-2019-0211
Saputra, W., & Abdullah, M. (2015). Tax, Crime and Illicit Financial Flows. Publish What You Pay Indonesia, 4.
Setiadi, N. B. T., Widaningsih, D. S., Erlita, W., & Hatta Hambali, A. J. (2023). Direksi Asing, Ukuran Perusahaan dan Penghindaran Pajak dengan Direktur Wanita Sebagai Variabel Pemoderasi. E-Jurnal Akuntansi, 33(4), 868. https://doi.org/10.24843/eja.2023.v33.i04.p01
Snips.stockbit.com. (2022). Ini 63 Perusahaan Tambang di Bursa Efek Indonesia Berdasarkan Sub Industri. https://snips.stockbit.com/investasi/perusahaan-tambang-di-bursa-efek-indonesia
Sterling, F., & Christina, S. (2021). Pengaruh Rasio Keuangan, Ukuran Perusahaan, Dan Umur. E-Jurnal Akuntansi Tsm, 1(3), 207–220. http://jurnaltsm.id/index.php/EJATSM
Sumantri, F. A., Kusnawan, A., & Anggraeni, R. D. (2022). The Effect Of Capital Intensity, Sales Growth, Leverage On Tax Avoidance And Profitability As Moderators. Primanomics : Jurnal Ekonomi & Bisnis, 20(1), 36–53. https://doi.org/10.31253/pe.v20i1.861
Umar, M. P., Wijayanti, R., Paramita, D., & Taufiq, M. (2021). The Effect of Leverage, Sales Growth and Profitability on Tax Avoidance. Assets : Jurnal Ilmiah Ilmu Akuntansi, Keuangan Dan Pajak, 5(1), 24–29. http://ejournal.stiewidyagamalumajang.ac.id/index.php/asset
Vacca, A., Iazzi, A., Vrontis, D., & Fait, M. (2020). The Role of Gender Diversity on Tax Aggressiveness and Corporate Social Responsibility: Evidence from Italian Listed Companies. Sustainability, 12, 2007. https://doi.org/10.3390/su12052007
Wahyuni, L., Fahada, R., & Atmaja, B. (2019). The Effect of Business Strategy, Leverage, Profitability and Sales Growth on Tax Avoidance. Indonesian Management and Accounting Research, 16(2), 66–80. https://doi.org/10.25105/imar.v16i2.4686
Widuri, R., Tjahjono, P. A., Felicia, V. R. A., & Fudianto, M. (2020). Female Board Membership and Sustainability: Can they Mitigate Tax Avoidance in Indonesia and Malaysia? 158(Teams), 296–304. https://doi.org/10.2991/aebmr.k.201212.042
Copyright (c) 2024 Yoza Mulasimadhi, Galih Wibowo Nusanto, Reskino Reskino
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
