PENGARUH STRUKTUR KEPEMILIKAN, KEBIJAKAN PERUSAHAAN DAN RISIKO BISNIS TERHADAP TAX AVOIDANCE

Abstract

This research aimed to examine the effect of institutional ownership, managerial ownership, foreign ownership, funding decision, investment decision, operational decision, and business risks on the tax avoidance. The population was manufacturing companies which were listed on Indonesia Stock Exchange 2013-2017. While, the data collection technique used purposive sampling with 3 determined criteria. In line with, there were 100 respondents per year with total of 500 firm years, as sample. Moreover, the data analysis technique used multiple linear regression with SPSS 24. The research result concluded institutional, managerial, and foreign ownership had possitive effect on the tax avoidance. Likewise, funding decision which was referred to debt to equity ratio had positive effect on the tax avoidance. Furthermore, operational decision which was referred to operating profit margin had positive effect on the tax avoidance. On the other hand, business risk had negative effect on the tax avoidance. In addition, investment decision did not affect the tax avoidance.
Keyword: ownership structure, company policy, business risks, tax avoidance