THE EFFECT OF COMPANY CHARACTERISTICS AND FOREIGN OWNERSHIP ON EFFECTIVE TAX RATE IN INDONESIA

GYOMA WINNY A, Prof. Dr. Eduardus Tandelilin, M.B.A.

2022 | Tesis | MAGISTER MANAJEMEN (KAMPUS JAKARTA)

Penelitian ini bertujuan untuk menguji pengaruh karakteristik perusahaan dan kepemilikan terhadap Effective Tax Rate (ETR). Karakteristik perusahaan diproksikan dengan ukuran perusahaan, leverage, capital intensity ratio, profitabilitas, pertumbuhan perusahaan, dan umur perusahaan. Populasi penelitian ini adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) dari tahun 2015 - 2019. Analisis Data menggunakan pendekatan Generalized Least Squares (GLS) untuk mengakomodasi pelanggaran asumsi klasik pada Ordinary Least Squares (OLS). Hasil penelitian menunjukkan bahwa ukuran perusahaan, leverage, capital intensity ratio, profitabilitas, dan pertumbuhan perusahaan berpengaruh terhadap ETR. Sebaliknya umur perusahaan dan kepemilikan asing tidak berpengaruh signifikan terhadap ETR.

This study aims to test the effect of company characteristics and foreign ownership on Effective Tax Rate (ETR). The company characteristics are proxied by company size, leverage, capital intensity ratio, profitability, firm growth, and age. The population of this study was the manufacturing companies listed in Indonesia Stock Exchange (IDX) from 2015 - 2019. Data Analysis uses the Generalised Least Squares (GLS) approach to accommodate. The results showed that company size, leverage, capital intensity ratio, profitability, and company growth affect the Effective Tax Rate (ETR). In contrast, company age and foreign ownership do not significantly influence the Effective Tax Rate (ETR).

Kata Kunci : Keyword: Effective Tax Rate, Profitability, Foreign Ownership, Company Size, Leverage, Capital Intensity Ratio, Company Growth, Company Age