The Effect of Tax Avoidance on External Funding in Indonesian Stock Exchange (Study Case on Manufacturing Companies)
Keywords:
Tax Avoidance, External Funding
Abstract
This study aims to determine the effect of tax avoidance on external funding of food and beverage
sub-sector companies listed on the Indonesia Stock Exchange (IDX). This research is a quantitative
research with data collection techniques of data documentation of financial statements of
manufacturing companies in the food and beverage sub-sector listed on the Indonesia Stock
Exchange (IDX). 2019-2021 period. The population in this study amounted to 42 companies and the
samples taken were 33 manufacturing companies in the food and beverage sub-sector listed on the
Indonesia Stock Exchange (IDX). 2019-2021 period. The sampling technique used is purposive
sampling technique. The analytical method used is simple linear regression analysis. The results
showed that the value of Tax Avoidance T = -1.316, then the obtained Tcount < Ttable or -1.316<1,
References
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[10] Setiawan, A., & Agustina, N. (2018). The Effect of Thin Capitalization and Profitability on Tax Avoidance in Manufacturing Companies Listed on the Indonesia Stock Exchange. Journal of Accounting and Development, 4(1), 1–10.
[11] Addition, GD, Sumual, TEM, & Kewo, C. (2021). The Influence of Tax Planning and Tax Avoidance on Company Value. Manado Accounting Journal (JAIM), 2(2), 142–154. https://doi.org/10.53682/jaim.v2i2.1359 (Accessed 14 February)
[12] Yulyanah, Y., & Kusumastuti, SY (2019). Tax Avoidance in Manufacturing Companies in the Goods
and Consumption Industry Sector in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange for the 2013-2017 period. Media Ekonomi, 27(1), 17. https://doi.org/10.25105/me.v27i1.5284 (Accessed 14 February)
[13] Kurnia, L., & Arafat, MY (2015). The Influence of Profit Management and Company Size on the Cost of Equity Capital in Manufacturing Companies Listed on the Indonesia Stock Exchange. Wahana Accounting Scientific Journal, 10(1), 45-70.
[14] Hani, S., & Rahmi, DA (2014). Analysis of sales growth and asset structure against external funding structures. Scientific Journal of Management and Business, 14(01).
[15] Astuti, TP, & Aryani, YES (2016). Trends in tax avoidance of manufacturing companies in Indonesia that are listed on the IDX in 2001-2014. Journal of Accounting, 20(3), 375-388.
[16] Hanlon, M., & Heitzman, S. (2010). A review of tax research. Journal of accounting and Economics, 50(2-3), 127-178.
[17] Mangoting, Y. (1999). Tax planning: An introduction to tax minimizing alternatives. Journal of Accounting and Finance, 1(1), 43-53.
[2] Devi, Y., Saefurrohman, GU, Rosilawati, W., Utamie, ZR, & Nurhayati, N. (2022). Analysis of the Causes of Tax Avoidance in Reports
[3] Finance in Companies Registered on the IDX in 2016-2019. Journal of Accounting and Taxes, 22(2), 622-627.
[4] El-Dairi, M., & House, RJ (2019). Optic nerve hypoplasia. In Handbook of Pediatric Retinal OCT and the Eye-Brain Connection (pp. 285–287). https://doi.org/10.1016/B978-0-323-60984-5.00062-7 (Accessed February 14)
[5] Journal, J., Mea, I., Manufacturing, P., Registered, Y., & Bei, DI (2021). Impact of Tax Avoidance And Leverage Jimea | MEA Scientific Journal (Management, Economics, and Accounting). 5(3), 3000–3010.
[6] Manullang, FA, H. Marbun, HA, M Tarigan, I., & Sihombing, B. (2020). The Effect of Tax Avoidance on the Cost of Debt in Manufacturing Companies Listed on the Indonesia Stock Exchange. JAKPI - Indonesian Journal of Accounting, Finance & Taxation, 8(2), 58. https://doi.org/10.24114/jakpi.v8i2.20740 (Accessed February 14)
[7] Melati Septiyaningrum, (2020) . Effect of Tax Avoidance, Firm size with information transparency as a moderating variable. Proceedings of the 3rd national expert seminar in 2020. ISSN(P) : 2615- 2584.ISSN (E) : 2615-3343.
[8] Ritonga, P. (2020). The Effect of Tax Avoidance on External Funding in Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange. Journal of Contemporary Accounting and Finance, 3(1), 1–9. http://repository.umsu.ac.id/handle/123456789/5210 (Accessed on 14 February)
[9] Sari, N., Luthan, E., & Syafriyeni, N. (2020). The Effects of Profitability, Leverage, Independent Commissioners, Institutional Ownership, and Company Size on Tax Avoidance in Manufacturing Companies Listed on the Indonesia Stock Exchange in 2014-2018. Scientific Journal of Batanghari University, Jambi, 20(2), 376. https://doi.org/10.33087/jiubj.v20i2.913 (Accessed on 14 February
[10] Setiawan, A., & Agustina, N. (2018). The Effect of Thin Capitalization and Profitability on Tax Avoidance in Manufacturing Companies Listed on the Indonesia Stock Exchange. Journal of Accounting and Development, 4(1), 1–10.
[11] Addition, GD, Sumual, TEM, & Kewo, C. (2021). The Influence of Tax Planning and Tax Avoidance on Company Value. Manado Accounting Journal (JAIM), 2(2), 142–154. https://doi.org/10.53682/jaim.v2i2.1359 (Accessed 14 February)
[12] Yulyanah, Y., & Kusumastuti, SY (2019). Tax Avoidance in Manufacturing Companies in the Goods
and Consumption Industry Sector in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange for the 2013-2017 period. Media Ekonomi, 27(1), 17. https://doi.org/10.25105/me.v27i1.5284 (Accessed 14 February)
[13] Kurnia, L., & Arafat, MY (2015). The Influence of Profit Management and Company Size on the Cost of Equity Capital in Manufacturing Companies Listed on the Indonesia Stock Exchange. Wahana Accounting Scientific Journal, 10(1), 45-70.
[14] Hani, S., & Rahmi, DA (2014). Analysis of sales growth and asset structure against external funding structures. Scientific Journal of Management and Business, 14(01).
[15] Astuti, TP, & Aryani, YES (2016). Trends in tax avoidance of manufacturing companies in Indonesia that are listed on the IDX in 2001-2014. Journal of Accounting, 20(3), 375-388.
[16] Hanlon, M., & Heitzman, S. (2010). A review of tax research. Journal of accounting and Economics, 50(2-3), 127-178.
[17] Mangoting, Y. (1999). Tax planning: An introduction to tax minimizing alternatives. Journal of Accounting and Finance, 1(1), 43-53.
Published
2023-05-24
How to Cite
Anisa, A., Suarni, A., & Sulistiyanti, R. (2023). The Effect of Tax Avoidance on External Funding in Indonesian Stock Exchange (Study Case on Manufacturing Companies). Proceeding of International E-Conference On Management & Small Medium Enterprise, 1(1), 185-200. Retrieved from http://prosiding.uika-bogor.ac.id/index.php/ICMSME/article/view/414
