PENGARUH TAX AVOIDANCE DAN KEPEMILKAN INSTITUSIONAL TERHADAP COST OF DEBT PADA PERUSAHAAN MAKANAN DAN MINUMAN

Main Article Content

Assyifayufi Khoirul Nisa
Sartika Wulandari

Abstract

This study aims to examine the effect of Tax Avoidance and Institutional Ownership on the Cost of Debt in food and beverage sub-sector manufacturing companies listed on the Indonesian Stock Foam for the 2016-2019 Period. The research methodology used is quantitative methods and the data source comes from secondary data obtained from the Indonesia Stock Exchange. The sampling technique used the purposive sampling method with annual data and the research period from 2016 to 2019. The data analysis technique used was multiple linear regression by conducting normality tests, classical assumption tests (multicollinearity test, autocorrelation test, heteroscedasticity test) and hypothesis testing. using the T test to test the partial regression coefficient and the F test to test the significance of the effect together with a significance level of 5%. The results of this study indicate that partially the independent variables Tax Avoidance and Institutional Ownership have a significant negative effect on the Cost of Debt in the food and beverage sub-sector manufacturing companies listed on the IDX 2016-2019. Meanwhile, simultaneously the independent variables consisting of Tax Avoidance and Institutional Ownership have a significant effect on the Cost of Debt in the food and beverage sub-sector manufacturing companies listed on the IDX 2016-2019.

Article Details

How to Cite
Khoirul Nisa, A., & Wulandari, S. (2021). PENGARUH TAX AVOIDANCE DAN KEPEMILKAN INSTITUSIONAL TERHADAP COST OF DEBT PADA PERUSAHAAN MAKANAN DAN MINUMAN. Jurnal Aplikasi Akuntansi, 5(2), 201 - 219. https://doi.org/10.29303/jaa.v5i2.101
Section
Articles

References

Agustami, Silvana., dan Yunanda, Anggun Cahyani. (2014). Pengaruh Kepemilikan Institusional dan Pengungkapan Sukarela terhadap Biaya Hutang. Jurnal Ekonomi dan Bisnis, Vol. 2, No. 2, Universitas Pendidikan Indonesia.
Candradewi, Intan dan Sedana, Ida B.P. 2016. Pengaruh Kepemilikan Manajerial , Kepemilikan Institusional dan Dewan Komisaris Independen terhadap Return on Asset. E-Jurnal Manajemen Unud, Vol. 5, No. 5, 2016: 3163 – 3190
Erniawati, Ika 2014. Analisis Pengaruh Tax Avoidance Terhadap Biaya Utang dan Kepemilikan Institusional, Naskah Publikasi Universitas Muhamadiyah Surakarta.
Hanlon, Michelle dan Heitzman, Shane. (2010). A Review of Tax Research. Journal of Accounting and Economics. No. 50, Hal. 127–178.
Jensen, Michael C. & W.H. Meckling. (1976). Theory of the Firm: managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics. 3. Page. 305‐360.
Kementrian Perindustrian Republik Indonesia. 2017. Pengaruh Penghindaran Pajak, Kepemilikan Institusional , dan Profitabilitas terhadap Biaya Hutang.
Kholbadalov, U. 2012. The Relationship of Corporate Tax Avoidance, Cost of Debt and Institutional Ownership: Evidence from Malaysia, Atlantic Review of Economics, 2nd.
Marcelliana, E. (2014). Pengaruh Tax Avoidance Terhadap Cost Of Debt pada Perusahan Manufaktur yang Terdaftar Di Bursa Efek Indonesia Periode 2010-2012. Jurnal MODUS Vol. 2 No. 3, 139-154.
Mardiasmo. 2016. Perpajakan Edisi Revisi Tahun 2016. Yogyakarta: Penerbit Andi.
Assyifayufi Khoirul Nisa & Sartika Wulandari: Pengaruh Tax Avoidance dan Kepemilikan Institusional terhadap ....


Masri, Indah dan Dwi Martani. 2012. Pengaruh Tax avoidance Terhadap Cost of debt. Simposium Nasional Akuntansi XV, hal. 1 – 28, Universitas Indonesia.
Masri, Indah. 2010. Pengaruh Tax Avoidance terhadap Cost of Debt . Jakarta: Simposium Nasional Akuntansi XV (Banjarmasin).
Novianti, Arti Resha. (2014). Pengaruh Penghindaran Pajak terhadap Biaya Hutang (Studi Kasus pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia pada tahun 2010–2012). Published Skripsi. Universitas Pendidikan Indonesia, Bandung.
Peraturan Menteri Keuangan Nomor. 169/PMK.010/2015 tentang penentuan besarnya perbandingan antara Hutang dan Modal perusahaan untuk keperluan perhitungan Pajak Penghasilan.
Pittman, J., Fortin, S., (2004). Auditor choice and the cost of debt capital for newly public firms.Journal of Accounting and Economics 37, 113–136.
PSAK No. 26 Tahun 2018 Tentang Biaya Pinjaman.
Riduwan, S. 2013. Pengaruh Corporate Governance terhadap Nilai Perusahaan: Kualitas Laba sebagai Variabel Intervewing, Jurnal Ilmu dan Riset Akuntansi, 1 (1).
Santosa, J. E. dan Kurniawan, Heni. 2016. Analisis Pengaruh Tax Avoidance Terhadap Cost of Debt Pada Perusahaan Manufaktur Yang Terdaftar Di BEI Selama Periode 2010-2014. MODUS Vol. 28 (2). Universitas Atma Jaya. Yogyakarta.
Sherly, Elvis Nopriyanti dan Fitria, Desi. (2019). Pengaruh Penghindaran Pajak, Kepemilikan Institusional , dan Profitabilitas terhadap Biaya Hutang. (Studi Empiris pada Perusahaan Manufaktur yang terdaftar di BEI Periode 2011-2015). Jurnal Ekombis Review, Vol. 7, No. 1, Universitas Muhammadiyah Bengkulu.
Sofyaningsih, S., dan P. Hardiningsih. 2011. "Struktur Kepemilikan, Kebijakan Deviden, Kebijakan Utang dan Nilai Perusahaan ". Dinamika Keuangan dan Perbankan, Vol. 3, No. 1, hlm: 68-87.
Suandy, E. 2016. Perencanaan Pajak : Edisi ke 6. Jakarta: Salemba Empat
Sugiyono. 2016. Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: PT Alfabet.
Yunita, Nancy. 2012. Pengaruh Corporate Governance, terhadap Voluntary Disclosure dan Biaya Hutang. Jurnal Ilmiah Mahasiswa Akuntansi, Vol. 1, No. 1.