Peran Financial Distress dalam Pengaruh Konservatisme Akuntansi terhadap Tax Avoidance
Abstract
Many studies about the influence of accounting conservatism on tax avoidance have been carried out but have not considered the role of financial distress. This study aims to examine the influence of accounting conservatism on tax avoidance which is moderated by financial distress. This study is quantitative research on basic material companies listed on IDX from 2015 until 2019. A total of 56 samples from 95 populations were obtained by the purposive sampling technique. The data used is secondary data comprised of financial statements and annual reports from each company which will be analyzed using path analysis. The result shows that accounting conservatism has a positive but not significant on tax avoidance and financial distress is unable to moderate the influence of accounting conservatism on tax avoidance.
Keywords: Accounting Conservatism; Financial distress; Tax avoidance; Corporate Tax.
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References
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Edwards, A., Schwab, C., & Shevlin, T. (2016). Financial constraints and cash tax savings. Accounting Review, 91(3), 859–881. https://doi.org/10.2308/accr-51282
Farooq, U., & Jibran, A. Q. (2017). Scope, measurement, impact size and determinants of indirect cost of financial distress: a systematic literature review. Qualitative Research in Financial Markets. https://doi.org/10.1108/QRFM-08-2017-0080
Ferramosca, S., & Ghio, A. (2018). Accounting conservatism in family firms. Contributions to Management Science, 139–164. https://doi.org/10.1007/978-3-319-73588-7_4
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Hayes, A. F. (2015). An index and test of linear moderated mediation. Multivariate Behavioral Research, 50(1), 37–41. https://doi.org/10.1080/00273171.2014.962683
Lawal, A., & Hassan, S. U. (2021). Moderating effect of financial constraint on relationship between accounting conservatism and investment efficiency of Nigerian consumer goods firms. 1(1), 25–42. https://doi.org/10.47747/jat.v1i1.435
Lenz, H. (2018). Aggressive tax avoidance by managers of multinational companies as a violation of their moral duty to obey the law: A kantian rationale. Journal of Business Ethics, 165(4), 681–697. https://doi.org/10.1007/s10551-018-4087-8
Lietz, G. (2013). Tax avoidance vs. tax aggressiveness: A unifying conceptual framework. SSRN. https://doi.org/10.2139/ssrn.2363828
Martinez, A. L. (2021). Tax aggressiveness as a determining factor of accounting conservatism in Brazil. June. https://doi.org/10.2139/ssrn.3857770
Nadhifah, M., & Arif, A. (2020). Transfer pricing, thin capitalization, financial distress, earning management, dan capital intensity terhadap tax avoidance dimoderasi oleh sales growth. Jurnal Magister Akuntansi Trisakti, 7(2), 145. https://doi.org/10.25105/jmat.v7i2.7731
Pramudito, B. W., & Sari, M. M. R. (2015). Pengaruh konservatisme akuntansi, kepemilikan manajerial dan ukuran dewan komisaris terhadap tax avoidance. E-Jurnal Akuntansi, 13(3), 737–752.
Pratama, I. R. (2020, November 4). Laporan mesin uang Makau: Ada kebocoran pajak ekspor pulp larut Rp 1,9 triliun . Tribun News. https://www.tribunnews.com/nasional/2020/11/04/laporan-mesin-uang-makau-ada-kebocoran-pajak-ekspor-pulp-larut-rp-19-triliun
Purnaningsih, N. K. C., & Noviari, N. (2019). Pengaruh penerapan e-filling terhadap kepatuhan wajib pajak orang pribadi. E-Jurnal Akuntansi Udayana, 1838–1854. https://doi.org/10.24843/EJA.2019.v28.i03.p13
Rachmawati, N. A., & Fitriana, A. (2021). The effect of financial constraints and institutional ownership on tax agressiveness. ACCRUALS (Accounting Research Journal of Sutaatmadja), 5(01), 38–53. https://doi.org/10.35310/accruals.v5i01.606
Richardson, G., Lanis, R., & Taylor, G. (2015a). Financial distress, outside directors and corporate tax aggressiveness spanning the global financial crisis: An empirical analysis. Journal of Banking and Finance, 52, 112–129. https://doi.org/10.1016/j.jbankfin.2014.11.013
Richardson, G., Lanis, R., & Taylor, G. (2015b). The impact of financial distress on corporate tax avoidance spanning the global financial crisis: Evidence from Australia. Economic Modelling, 44, 44–53. https://doi.org/10.1016/j.econmod.2014.09.015
Rosadi, R. A., & Waluyo, I. (2017). Pengaruh gender, tekanan ketaatan, tekanan anggaran waktu dan pengalaman audit terhadap audit judgment. Nominal:Barometer Riset Akuntansi Dan Manajemen, 6(1), 124–135. https://doi.org/10.21831/nominal.v6i1.14337
Sadjiarto, A., Hartanto, S., Natalia, & Octaviana, S. (2020). Analysis of the effect of business strategy and financial distress on tax avoidance. Journal of Economics and Business, 3(1). https://doi.org/10.31014/aior.1992.03.01.193
Saleh, M., Kurniaty, & Muhsin. (2019). Looking for empirical evidence between accounting conservatism and ownership structure towards the aggressive tax avoidance in public listed companies of Indonesia. 10(10), 21–26. https://doi.org/10.7176/RJFA
Sarra, H. D. (2017). Pengaruh konservatisme akuntansi, komite audit dan dewan komisaris independen terhadap penghindaran pajak (studi empiris pada industri kimia dan logam di Bursa Efek Indonesia periode 2010-2014). Competitive Jurnal Akuntansi Dan Keuangan, 1(1), 63. https://doi.org/10.31000/competitive.v1i1.108
Sholikhah, R. M., & Suryani, A. W. (2020). The influence of the financial distress, conflict of interest, and litigation risk on accounting conservatism. KnE Social Sciences, 2020, 222–239. https://doi.org/10.18502/kss.v4i7.6854
Sjahputra, A. (2019). Determinan tax avoidance pada perusahaan food and beverages di Indonesia. Scientific Journal of Reflection, 2(4), 371–380. https://doi.org/10.5281/zenodo.3472234
Suandy, E. (2016). Perencanaan Pajak (6th ed.). Salemba Empat.
Sundari, N., & Aprilina, V. (2017). Pengaruh konservatisme akuntansi, intensitas aset tetap, kompensasi rugi fiskal dan corporate governance terhadap tax avoidance. JRAK: Jurnal Riset Akuntansi Dan Komputerisasi Akuntansi, 8(1), 85–109.
Susanti, C. M. (2018). Pengaruh konservatisme, leverage, profitabilitas, ukuran perusahaan terhadap tax avoidance. Jurnal Informasi, Perpajakan, Akuntansi, Dan Keuangan Publik, 13(2), 181. https://doi.org/10.25105/jipak.v13i2.5021
Swandewi, N. P., & Noviari, N. (2020). Pengaruh financial distress dan konservatisme akuntansi pada tax avoidance. E-Jurnal Akuntansi, 30(7), 1670. https://doi.org/10.24843/eja.2020.v30.i07.p05
Valensia, K., & Khairani, S. (2019). Pengaruh profitabilitas, financial distress, dewan komisaris independen dan komite audit terhadap nilai perusahaan dimediasi oleh tax avoidance (Studi empiris pada perusahaan sektor industri barang konsumsi yang terdaftar di Bursa Efek Indonesia periode 2. Jurnal Akuntansi, 9(1), 47–64. https://doi.org/10.33369/j.akuntansi.9.1.47-64
Windaryani, I. G. A. I., & Jati, I. K. (2020). Pengaruh ukuran perusahaan, kepemilikan institusional, dan konservatisme akuntansi pada tax avoidance. E-Jurnal Akuntansi, 30(2), 375. https://doi.org/10.24843/eja.2020.v30.i02.p08
Wu, A. D., & Zumbo, B. D. (2008). Understanding and using mediators and moderators. Social Indicators Research, 87(3), 367–392. https://doi.org/10.1007/s11205-007-9143-1
Zulfiara, P., & Ismanto, J. (2019). Pengaruh konservatisme akuntansi dan penghindaran pajak terhadap nilai perusahaan. Profita: Komunikasi Ilmiah Akuntansi Dan Perpajakan, 13(1), 1–18. https://doi.org/10.32493/jabi.v2i2.y2019.p134-147
BEI. (2021). Klasifikasi Sektor dan Subsektor. PT. Bursa Efek Indonesia. https://www.idx.co.id/produk/saham/
Cabello, O. G., Gaio, L. E., & Watrin, C. (2019). Tax avoidance in management-owned firms: Evidence from Brazil. International Journal of Managerial Finance, 15(4), 580–592. https://doi.org/10.1108/IJMF-04-2018-0117
Chaudhry, N., Au Yong, H. H., & Veld, C. (2017). Tax avoidance in response to a decline in the funding status of defined benefit pension plans. Journal of International Financial Markets, Institutions and Money, 48, 99–116. https://doi.org/10.1016/j.intfin.2016.12.004
Cita, I. G. A., & Supadmi, N. L. (2019). Pengaruh financial distress dan good corporate governance pada praktik tax avoidance. E-Jurnal Akuntansi, 29(3), 912. https://doi.org/10.24843/eja.2019.v29.i03.p01
Dhamara, G. P., & Violita, E. S. (2018). The influence of financial distress and independence of board of commissioners on tax aggressiveness. 55(Iac 2017), 81–86. https://doi.org/10.2991/iac-17.2018.15
Edwards, A., Schwab, C., & Shevlin, T. (2016). Financial constraints and cash tax savings. Accounting Review, 91(3), 859–881. https://doi.org/10.2308/accr-51282
Farooq, U., & Jibran, A. Q. (2017). Scope, measurement, impact size and determinants of indirect cost of financial distress: a systematic literature review. Qualitative Research in Financial Markets. https://doi.org/10.1108/QRFM-08-2017-0080
Ferramosca, S., & Ghio, A. (2018). Accounting conservatism in family firms. Contributions to Management Science, 139–164. https://doi.org/10.1007/978-3-319-73588-7_4
Givoly, D., & Hayn, C. (2000). The changing time-series properties of earnings, cash flows and accruals. Journal of Accounting and Economics, 29, 287–320. https://doi.org/10.1016/S0165-4101(00)00024-0
Hajawiyah, A., Wahyudin, A., Kiswanto, Sakinah, & Pahala, I. (2020). The effect of good corporate governance mechanisms on accounting conservatism with leverage as a moderating variable. Cogent Business and Management, 7(1), 1–13. https://doi.org/10.1080/23311975.2020.1779479
Hayes, A. F. (2015). An index and test of linear moderated mediation. Multivariate Behavioral Research, 50(1), 37–41. https://doi.org/10.1080/00273171.2014.962683
Lawal, A., & Hassan, S. U. (2021). Moderating effect of financial constraint on relationship between accounting conservatism and investment efficiency of Nigerian consumer goods firms. 1(1), 25–42. https://doi.org/10.47747/jat.v1i1.435
Lenz, H. (2018). Aggressive tax avoidance by managers of multinational companies as a violation of their moral duty to obey the law: A kantian rationale. Journal of Business Ethics, 165(4), 681–697. https://doi.org/10.1007/s10551-018-4087-8
Lietz, G. (2013). Tax avoidance vs. tax aggressiveness: A unifying conceptual framework. SSRN. https://doi.org/10.2139/ssrn.2363828
Martinez, A. L. (2021). Tax aggressiveness as a determining factor of accounting conservatism in Brazil. June. https://doi.org/10.2139/ssrn.3857770
Nadhifah, M., & Arif, A. (2020). Transfer pricing, thin capitalization, financial distress, earning management, dan capital intensity terhadap tax avoidance dimoderasi oleh sales growth. Jurnal Magister Akuntansi Trisakti, 7(2), 145. https://doi.org/10.25105/jmat.v7i2.7731
Pramudito, B. W., & Sari, M. M. R. (2015). Pengaruh konservatisme akuntansi, kepemilikan manajerial dan ukuran dewan komisaris terhadap tax avoidance. E-Jurnal Akuntansi, 13(3), 737–752.
Pratama, I. R. (2020, November 4). Laporan mesin uang Makau: Ada kebocoran pajak ekspor pulp larut Rp 1,9 triliun . Tribun News. https://www.tribunnews.com/nasional/2020/11/04/laporan-mesin-uang-makau-ada-kebocoran-pajak-ekspor-pulp-larut-rp-19-triliun
Purnaningsih, N. K. C., & Noviari, N. (2019). Pengaruh penerapan e-filling terhadap kepatuhan wajib pajak orang pribadi. E-Jurnal Akuntansi Udayana, 1838–1854. https://doi.org/10.24843/EJA.2019.v28.i03.p13
Rachmawati, N. A., & Fitriana, A. (2021). The effect of financial constraints and institutional ownership on tax agressiveness. ACCRUALS (Accounting Research Journal of Sutaatmadja), 5(01), 38–53. https://doi.org/10.35310/accruals.v5i01.606
Richardson, G., Lanis, R., & Taylor, G. (2015a). Financial distress, outside directors and corporate tax aggressiveness spanning the global financial crisis: An empirical analysis. Journal of Banking and Finance, 52, 112–129. https://doi.org/10.1016/j.jbankfin.2014.11.013
Richardson, G., Lanis, R., & Taylor, G. (2015b). The impact of financial distress on corporate tax avoidance spanning the global financial crisis: Evidence from Australia. Economic Modelling, 44, 44–53. https://doi.org/10.1016/j.econmod.2014.09.015
Rosadi, R. A., & Waluyo, I. (2017). Pengaruh gender, tekanan ketaatan, tekanan anggaran waktu dan pengalaman audit terhadap audit judgment. Nominal:Barometer Riset Akuntansi Dan Manajemen, 6(1), 124–135. https://doi.org/10.21831/nominal.v6i1.14337
Sadjiarto, A., Hartanto, S., Natalia, & Octaviana, S. (2020). Analysis of the effect of business strategy and financial distress on tax avoidance. Journal of Economics and Business, 3(1). https://doi.org/10.31014/aior.1992.03.01.193
Saleh, M., Kurniaty, & Muhsin. (2019). Looking for empirical evidence between accounting conservatism and ownership structure towards the aggressive tax avoidance in public listed companies of Indonesia. 10(10), 21–26. https://doi.org/10.7176/RJFA
Sarra, H. D. (2017). Pengaruh konservatisme akuntansi, komite audit dan dewan komisaris independen terhadap penghindaran pajak (studi empiris pada industri kimia dan logam di Bursa Efek Indonesia periode 2010-2014). Competitive Jurnal Akuntansi Dan Keuangan, 1(1), 63. https://doi.org/10.31000/competitive.v1i1.108
Sholikhah, R. M., & Suryani, A. W. (2020). The influence of the financial distress, conflict of interest, and litigation risk on accounting conservatism. KnE Social Sciences, 2020, 222–239. https://doi.org/10.18502/kss.v4i7.6854
Sjahputra, A. (2019). Determinan tax avoidance pada perusahaan food and beverages di Indonesia. Scientific Journal of Reflection, 2(4), 371–380. https://doi.org/10.5281/zenodo.3472234
Suandy, E. (2016). Perencanaan Pajak (6th ed.). Salemba Empat.
Sundari, N., & Aprilina, V. (2017). Pengaruh konservatisme akuntansi, intensitas aset tetap, kompensasi rugi fiskal dan corporate governance terhadap tax avoidance. JRAK: Jurnal Riset Akuntansi Dan Komputerisasi Akuntansi, 8(1), 85–109.
Susanti, C. M. (2018). Pengaruh konservatisme, leverage, profitabilitas, ukuran perusahaan terhadap tax avoidance. Jurnal Informasi, Perpajakan, Akuntansi, Dan Keuangan Publik, 13(2), 181. https://doi.org/10.25105/jipak.v13i2.5021
Swandewi, N. P., & Noviari, N. (2020). Pengaruh financial distress dan konservatisme akuntansi pada tax avoidance. E-Jurnal Akuntansi, 30(7), 1670. https://doi.org/10.24843/eja.2020.v30.i07.p05
Valensia, K., & Khairani, S. (2019). Pengaruh profitabilitas, financial distress, dewan komisaris independen dan komite audit terhadap nilai perusahaan dimediasi oleh tax avoidance (Studi empiris pada perusahaan sektor industri barang konsumsi yang terdaftar di Bursa Efek Indonesia periode 2. Jurnal Akuntansi, 9(1), 47–64. https://doi.org/10.33369/j.akuntansi.9.1.47-64
Windaryani, I. G. A. I., & Jati, I. K. (2020). Pengaruh ukuran perusahaan, kepemilikan institusional, dan konservatisme akuntansi pada tax avoidance. E-Jurnal Akuntansi, 30(2), 375. https://doi.org/10.24843/eja.2020.v30.i02.p08
Wu, A. D., & Zumbo, B. D. (2008). Understanding and using mediators and moderators. Social Indicators Research, 87(3), 367–392. https://doi.org/10.1007/s11205-007-9143-1
Zulfiara, P., & Ismanto, J. (2019). Pengaruh konservatisme akuntansi dan penghindaran pajak terhadap nilai perusahaan. Profita: Komunikasi Ilmiah Akuntansi Dan Perpajakan, 13(1), 1–18. https://doi.org/10.32493/jabi.v2i2.y2019.p134-147
Published
2022-02-26
How to Cite
GUNARTO, Natania Aurielle; ADI, Priyo Hari.
Peran Financial Distress dalam Pengaruh Konservatisme Akuntansi terhadap Tax Avoidance.
E-Jurnal Akuntansi, [S.l.], v. 32, n. 2, p. 280-294, feb. 2022.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/80337>. Date accessed: 19 apr. 2024.
doi: https://doi.org/10.24843/EJA.2022.v32.i02.p01.
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