DETERMINANTS OF TRANSFER PRICING AGGRESSIVENESS: AN EMPIRICAL REPLICATION STUDY OF MULTINATIONAL CORPORATIONS IN INDONESIA

ROSY ARDIAN, Prof. Amin Wibowo, Ph.D.

2022 | Tesis | Magister Manajemen

Penelitian ini bertujuan untuk menguji faktor-faktor yang mempengaruhi transfer pricing aggressiveness berdasarkan sampel yang dikumpulkan dari 69 Laporan Tahunan tahun 2020 perusahaan multinasional di Indonesia yang terdaftar secara publik. Penulis secara empiris mereplikasi studi Richardson et al. (2013) pada yurisdiksi yang berbeda. Hasil regresi OLS menunjukkan bahwa variabel profitabilitas korporasi dan tax haven utilisation berhubungan positif yang signifikan dengan transfer pricing aggressiveness. Selain itu, hasil analisis juga menunjukkan bahwa transfer pricing aggressiveness tidak dapat diamati dari sudut pandang sektor industri.

This paper investigates the determinants of transfer pricing aggressiveness based on a hand-collected sample of 69 annual reports from publicly listed Indonesian multinational corporations for the 2020 financial year. The author empirically replicates the study of Richardson et al. (2013) on a different jurisdiction. The OLS regression results indicate that corporation profitability and tax haven utilisation are significantly positively associated with transfer pricing aggressiveness. Additionally, the analysis indicates that transfer pricing aggressiveness is unobservable from the industry sector�s viewpoint.

Kata Kunci : transfer pricing, transfer pricing aggressiveness, tax avoidance