Cost Of Capital, Corporate Tax Plannings, And Corporate Social Responsibility Disclosure

Jurnal Akuntansi

Adhitya J. Purwaka, Amrie Firmansyah, Resi A. Qadri, Agung Dinarjito, Zef Arfiansyah¹ 

[1] 1,2Program Diploma IV Akuntansi Sektor Publik, Politeknik Keuangan Negara STAN3,4,5Program Diploma III Akuntansi, Politeknik Keuangan Negara STAN;

关键词: firm risk;    tax avoid4ance;    tax aggressiveness;    tax risk;    sustainability.;   

DOI  :  10.24912/ja.v26i1.814

来源: DOAJ

【 摘 要 】

This study aims to determine the effect of tax management activities on the cost of capital and the role of social responsibility disclosure in moderating its impact. This study employs secondary data from financial statement data, stock price information, and 10-year government bond yields. The data was obtained from the websites www.idx.co.id, www.idnfinancials.com, www.finance.yahoo.com, and www.bloomberg.com. Using purposive sampling, the research sample is from manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2020, obtaining 325 observations. Data were analyzed employing multiple linear regression for panel data. This study indicates that tax avoidance and tax aggressiveness are not associated with the cost of capital, while tax risk is negatively related to the cost of capital. Corporate social responsibility disclosure does not succeed in moderating the effect of tax avoidance and tax aggressiveness. Still, it succeeds in moderating the association between tax risk and cost of capital.

【 授权许可】

Unknown