PENGARUH LEVERAGE DAN GOOD CORPORATE GOVERNARCE TERHADAP PENGHINDARAN PAJAK (STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR SEKTOR MAKANAN & MINUMAN DI BEI 2019-2023)

Abstract

This study aims to examine the effect of leverage and Good Corporate Governance on tax avoidance in food and beverage sector companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. Tax avoidance is measured using the Effective Tax Rate (ETR), while leverage is measured by the debt ratio and Good Corporate Governance is proxied by the proportion of independent commissioners. A quantitative approach with panel data regression analysis is used in this study with the help of EViews 12 software. The sample consists of 21 companies with a total of 105 observations, selected using a purposive sampling method. The test results show that leverage has a positive and significant effect on tax avoidance with a significance value of 0.0010 (<0.05). Meanwhile, Good Corporate Governance does not have a significant effect on tax avoidance with a significance value of 0.2562 (>0.05). The F test shows a significance value of 0.001687 (<0.05), which means that simultaneously leverage and Good Corporate Governance have a significant effect on tax avoidance. These findings indicate that corporate debt structure plays an important role in tax avoidance practices, while the presence of independent commissioners has not been able to provide a significant influence in the context of the food and beverage sector in Indonesia.