Pengaruh Efektivitas Komite Audit dan Penghindaran Pajak: Peran Moderasi Kualitas Audit
Abstract
As a component of corporate governance, the audit committee and external auditors have functions as independent supervisors on financial reports, risk management and overseeing the company's compliance with laws and regulations. This study examines the relationship between the effectiveness of the audit committee on corporate tax avoidance and the moderating role of audit quality. Using purposive sampling technique, this study tested 215 manufacturing companies for the period 2019-2021 using multiple linear regression analysis techniques. This study shows the results that an effective audit committee along with audit quality can reduce corporate tax avoidance activities.
Keywords: Effective Audit Committee; Audit Quality; Tax Avoidance.
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References
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Asri, I. A. T. Y., & Suardana, K. A. (2016). Pengaruh proporsi komisaris independen, komite audit, preferensi risiko eksekutif dan ukuran perusahaan pada penghindaran pajak. E-Jurnal Akuntansi, 16(1), 72-100.
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Dang, V. C., & Nguyen, Q. K. (2022). Audit committee characteristics and tax avoidance: Evidence from an emerging economy. Cogent Economics & Finance, 10(1), 2023263.
DeAngelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183-199.
Deslandes, M., Fortin, A., & Landry, S. (2020). Audit committee characteristics and tax aggressiveness. Managerial Auditing Journal.
DeZoort, F. T., Hermanson, D. R., Archambeault, D. S., & Reed, S. A. (2002). Audit committee effectiveness: A synthesis of the empirical audit committee literature. Audit Committee Effectiveness: A Synthesis of the Empirical Audit Committee Literature, 21, 38.
Drake, K. D., Lusch, S. J., & Stekelberg, J. (2019). Does tax risk affect investor valuation of tax avoidance? Journal of Accounting, Auditing & Finance, 34(1), 151-176.
Dyreng, S. D., Hanlon, M., & Maydew, E. L. (2008). Long‐run corporate tax avoidance. The Accounting Review, 83(1), 61-82.
Dyreng, S. D., Hanlon, M., & Maydew, E. L. (2010). The effects of executives on corporate tax avoidance. The Accounting Review, 85(4), 1163-1189.
Dyreng, S. D., Hanlon, M., Maydew, E. L., & Thornock, J. R. (2017). Changes in corporate effective tax rates over the past 25 years. Journal of financial economics, 124(3), 441-463.
Frank, M. M., Lynch, L. J., & Rego, S. O. (2009). Tax reporting aggressiveness and its relation to aggressive financial reporting. The Accounting Review, 84(2), 467-496.
Friese, A., Link, S., & Mayer, S. (2008). Taxation and corporate governance—The state of the art. Tax and corporate governance, 357-425.
Gaaya, S., Lakhal, N., & Lakhal, F. (2017). Does family ownership reduce corporate tax avoidance? The moderating effect of audit quality. Managerial Auditing Journal.
Gallemore, J., Maydew, E. L., & Thornock, J. R. (2014). The reputational costs of tax avoidance. Contemporary Accounting Research, 31(4), 1103-1133.
Goverment Auditing Standards, (2003).
Gebrayel, E., Jarrar, H., Salloum, C., & Lefebvre, Q. (2018). Effective association between audit committees and the internal audit function and its impact on financial reporting quality: Empirical evidence from Omani listed firms. International Journal of Auditing, 22(2), 197-213.
Gendron, Y., & Bédard, J. (2006). On the constitution of audit committee effectiveness. Accounting, Organizations and Society, 31(3), 211-239.
Guenther, D. A., Matsunaga, S. R., & Williams, B. M. (2017). Is tax avoidance related to firm risk? The Accounting Review, 92(1), 115-136.
Hanlon, M., & Slemrod, J. (2009). What does tax aggressiveness signal? Evidence from stock price reactions to news about tax shelter involvement. Journal of Public economics, 93(1-2), 126-141.
Higgins, D., Omer, T. C., & Phillips, J. D. (2015). The influence of a firm's business strategy on its tax aggressiveness. Contemporary Accounting Research, 32(2), 674-702.
Hutchens, M., & Rego, S. O. (2015). Does greater tax risk lead to increased firm risk? Available at SSRN 2186564.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of financial economics, 3(4), 305-360.
Jihene, F., & Moez, D. (2019). The moderating effect of audit quality on CEO compensation and tax avoidance: Evidence from Tunisian context. International Journal of Economics and Financial Issues, 9(1), 131.
Kilgore, A., Radich, R., & Harrison, G. (2011). The relative importance of audit quality attributes. Australian Accounting Review, 21(3), 253-265.
Krisna, A. M. (2019). Pengaruh Kepemilikan Institusional dan Kepemilikan Manajerial pada Tax Avoidance dengan Kualitas Audit sebagai Variabel Pemoderasi. WACANA EKONOMI (Jurnal Ekonomi, Bisnis dan Akuntansi), 18(2), 82-91.
Lary, A. M., & Taylor, D. W. (2012). Governance characteristics and role effectiveness of audit committees. Managerial Auditing Journal.
Lennox, C. S. (1999). Audit quality and auditor size: An evaluation of reputation and deep pockets hypotheses. Journal of Business Finance & Accounting, 26(7‐8), 779-805.
Lestari, N., & Nedya, S. (2019). The effect of audit quality on tax avoidance. International Conference On Applied Science and Technology 2019-Social Sciences Track (iCASTSS 2019),
McGuire, S. T., Omer, T. C., & Wang, D. (2012). Tax avoidance: Does tax-specific industry expertise make a difference? The Accounting Review, 87(3), 975-1003.
Menon, K., & Williams, J. D. (1994). The use of audit committees for monitoring. Journal of accounting and public policy, 13(2), 121-139.
Merchant, K. A. (1987). How and why firms disregard the controllability principle. Accounting and management: Field study perspectives, 316-338.
Pratiwi, N., Subekti, I., & Rahman, A. F. (2019). The effect of corporate governance and audit quality on tax aggressiveness with family ownership as the moderating variable. International Journal of Business, Economics and Law, 19(5), 31-42.
Purnomo, H., & Bernawati, Y. (2019). Pengaruh Efektivitas Komite Audit, Efektivitas Internal Audit dan Kualitas Audit terhadap Pengungkapan Sukarela.
Puspita, D., & Febrianti, M. (2017). Faktor-faktor yang memengaruhi penghindaran pajak pada perusahaan manufaktur di bursa efek Indonesia. Jurnal Bisnis dan Akuntansi, 19(1), 38-46.
Puspita, S. R., & Harto, P. (2014). Pengaruh tata kelola perusahaan terhadap penghindaran pajak. Diponegoro journal of accounting, 3(2), 1077-1089.
Putra, P. D., Syah, D. H., & Sriwedari, T. (2018). Tax avoidance: Evidence of as a proof of agency theory and tax planning. International Journal of Research & Review, 5(9), 52-60.
Rahayu, N. (2014). Evaluasi regulasi atas praktik penghindaran pajak penanaman modal asing. Jurnal Akuntansi Dan Keuangan Indonesia, 7(1), 61-78.
Richardson, G., Taylor, G., & Lanis, R. (2015). The impact of financial distress on corporate tax avoidance spanning the global financial crisis: Evidence from Australia. Economic Modelling, 44, 44-53.
Robinson, J. R., Xue, Y., & Zhang, M. H. (2012). Tax planning and financial expertise in the audit committee. Available at SSRN 2146003.
Siam, Y. A., Idris, M., & Al-Okdeh, S. (2018). The moderating role of family control on the relationship between audit committee financial expertise and earnings management. International Journal of Business and Management, 13(12), 31-37.
Tandean, V. A., & Winnie, W. (2016). The effect of good corporate governance on tax avoidance: An empirical study on manufacturing companies listed in IDX period 2010-2013. Asian Journal of Accounting Research.
Watkins, A. L., Hillison, W., & Morecroft, S. E. (2004). Audit quality: A synthesis of theory and empirical evidence. Journal of accounting literature, 23, 153.
Watts, R. L., & Zimmerman, J. L. (1978). Towards a positive theory of the determination of accounting standards. Accounting review, 112-134.
Zheng, T., Jiang, W., Zhao, P., Jiang, J., & Wang, N. (2018). Will the Audit Committee Affects Tax Aggressiveness? International Conference on Management Science and Engineering Management,
Arismajayanti, N. P. A., & Jati, I. K. (2017). Influence of audit committee competence, audit committee independence, independent commissioner and leverage on tax aggressiveness. Journal of Auditing, 5(2), 109-119.
Asri, I. A. T. Y., & Suardana, K. A. (2016). Pengaruh proporsi komisaris independen, komite audit, preferensi risiko eksekutif dan ukuran perusahaan pada penghindaran pajak. E-Jurnal Akuntansi, 16(1), 72-100.
Barford, V., & Holt, G. (2013). Google, Amazon, Starbucks: The rise of ‘tax shaming’. BBC news magazine, 21.
Baysinger, B. D., & Butler, H. N. (2019). Corporate governance and the board of directors: Performance effects of changes in board composition. In Corporate Governance (pp. 215-238). Gower.
Blue Ribbon Committee, B. (1999). Report and recommendations of the Blue Ribbon Committee on improving the effectiveness of corporate audit committees. The Business Lawyer, 1067-1095.
Dang, V. C., & Nguyen, Q. K. (2022). Audit committee characteristics and tax avoidance: Evidence from an emerging economy. Cogent Economics & Finance, 10(1), 2023263.
DeAngelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183-199.
Deslandes, M., Fortin, A., & Landry, S. (2020). Audit committee characteristics and tax aggressiveness. Managerial Auditing Journal.
DeZoort, F. T., Hermanson, D. R., Archambeault, D. S., & Reed, S. A. (2002). Audit committee effectiveness: A synthesis of the empirical audit committee literature. Audit Committee Effectiveness: A Synthesis of the Empirical Audit Committee Literature, 21, 38.
Drake, K. D., Lusch, S. J., & Stekelberg, J. (2019). Does tax risk affect investor valuation of tax avoidance? Journal of Accounting, Auditing & Finance, 34(1), 151-176.
Dyreng, S. D., Hanlon, M., & Maydew, E. L. (2008). Long‐run corporate tax avoidance. The Accounting Review, 83(1), 61-82.
Dyreng, S. D., Hanlon, M., & Maydew, E. L. (2010). The effects of executives on corporate tax avoidance. The Accounting Review, 85(4), 1163-1189.
Dyreng, S. D., Hanlon, M., Maydew, E. L., & Thornock, J. R. (2017). Changes in corporate effective tax rates over the past 25 years. Journal of financial economics, 124(3), 441-463.
Frank, M. M., Lynch, L. J., & Rego, S. O. (2009). Tax reporting aggressiveness and its relation to aggressive financial reporting. The Accounting Review, 84(2), 467-496.
Friese, A., Link, S., & Mayer, S. (2008). Taxation and corporate governance—The state of the art. Tax and corporate governance, 357-425.
Gaaya, S., Lakhal, N., & Lakhal, F. (2017). Does family ownership reduce corporate tax avoidance? The moderating effect of audit quality. Managerial Auditing Journal.
Gallemore, J., Maydew, E. L., & Thornock, J. R. (2014). The reputational costs of tax avoidance. Contemporary Accounting Research, 31(4), 1103-1133.
Goverment Auditing Standards, (2003).
Gebrayel, E., Jarrar, H., Salloum, C., & Lefebvre, Q. (2018). Effective association between audit committees and the internal audit function and its impact on financial reporting quality: Empirical evidence from Omani listed firms. International Journal of Auditing, 22(2), 197-213.
Gendron, Y., & Bédard, J. (2006). On the constitution of audit committee effectiveness. Accounting, Organizations and Society, 31(3), 211-239.
Guenther, D. A., Matsunaga, S. R., & Williams, B. M. (2017). Is tax avoidance related to firm risk? The Accounting Review, 92(1), 115-136.
Hanlon, M., & Slemrod, J. (2009). What does tax aggressiveness signal? Evidence from stock price reactions to news about tax shelter involvement. Journal of Public economics, 93(1-2), 126-141.
Higgins, D., Omer, T. C., & Phillips, J. D. (2015). The influence of a firm's business strategy on its tax aggressiveness. Contemporary Accounting Research, 32(2), 674-702.
Hutchens, M., & Rego, S. O. (2015). Does greater tax risk lead to increased firm risk? Available at SSRN 2186564.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of financial economics, 3(4), 305-360.
Jihene, F., & Moez, D. (2019). The moderating effect of audit quality on CEO compensation and tax avoidance: Evidence from Tunisian context. International Journal of Economics and Financial Issues, 9(1), 131.
Kilgore, A., Radich, R., & Harrison, G. (2011). The relative importance of audit quality attributes. Australian Accounting Review, 21(3), 253-265.
Krisna, A. M. (2019). Pengaruh Kepemilikan Institusional dan Kepemilikan Manajerial pada Tax Avoidance dengan Kualitas Audit sebagai Variabel Pemoderasi. WACANA EKONOMI (Jurnal Ekonomi, Bisnis dan Akuntansi), 18(2), 82-91.
Lary, A. M., & Taylor, D. W. (2012). Governance characteristics and role effectiveness of audit committees. Managerial Auditing Journal.
Lennox, C. S. (1999). Audit quality and auditor size: An evaluation of reputation and deep pockets hypotheses. Journal of Business Finance & Accounting, 26(7‐8), 779-805.
Lestari, N., & Nedya, S. (2019). The effect of audit quality on tax avoidance. International Conference On Applied Science and Technology 2019-Social Sciences Track (iCASTSS 2019),
McGuire, S. T., Omer, T. C., & Wang, D. (2012). Tax avoidance: Does tax-specific industry expertise make a difference? The Accounting Review, 87(3), 975-1003.
Menon, K., & Williams, J. D. (1994). The use of audit committees for monitoring. Journal of accounting and public policy, 13(2), 121-139.
Merchant, K. A. (1987). How and why firms disregard the controllability principle. Accounting and management: Field study perspectives, 316-338.
Pratiwi, N., Subekti, I., & Rahman, A. F. (2019). The effect of corporate governance and audit quality on tax aggressiveness with family ownership as the moderating variable. International Journal of Business, Economics and Law, 19(5), 31-42.
Purnomo, H., & Bernawati, Y. (2019). Pengaruh Efektivitas Komite Audit, Efektivitas Internal Audit dan Kualitas Audit terhadap Pengungkapan Sukarela.
Puspita, D., & Febrianti, M. (2017). Faktor-faktor yang memengaruhi penghindaran pajak pada perusahaan manufaktur di bursa efek Indonesia. Jurnal Bisnis dan Akuntansi, 19(1), 38-46.
Puspita, S. R., & Harto, P. (2014). Pengaruh tata kelola perusahaan terhadap penghindaran pajak. Diponegoro journal of accounting, 3(2), 1077-1089.
Putra, P. D., Syah, D. H., & Sriwedari, T. (2018). Tax avoidance: Evidence of as a proof of agency theory and tax planning. International Journal of Research & Review, 5(9), 52-60.
Rahayu, N. (2014). Evaluasi regulasi atas praktik penghindaran pajak penanaman modal asing. Jurnal Akuntansi Dan Keuangan Indonesia, 7(1), 61-78.
Richardson, G., Taylor, G., & Lanis, R. (2015). The impact of financial distress on corporate tax avoidance spanning the global financial crisis: Evidence from Australia. Economic Modelling, 44, 44-53.
Robinson, J. R., Xue, Y., & Zhang, M. H. (2012). Tax planning and financial expertise in the audit committee. Available at SSRN 2146003.
Siam, Y. A., Idris, M., & Al-Okdeh, S. (2018). The moderating role of family control on the relationship between audit committee financial expertise and earnings management. International Journal of Business and Management, 13(12), 31-37.
Tandean, V. A., & Winnie, W. (2016). The effect of good corporate governance on tax avoidance: An empirical study on manufacturing companies listed in IDX period 2010-2013. Asian Journal of Accounting Research.
Watkins, A. L., Hillison, W., & Morecroft, S. E. (2004). Audit quality: A synthesis of theory and empirical evidence. Journal of accounting literature, 23, 153.
Watts, R. L., & Zimmerman, J. L. (1978). Towards a positive theory of the determination of accounting standards. Accounting review, 112-134.
Zheng, T., Jiang, W., Zhao, P., Jiang, J., & Wang, N. (2018). Will the Audit Committee Affects Tax Aggressiveness? International Conference on Management Science and Engineering Management,
Published
2022-07-26
How to Cite
PURNOMO, Hanny; ERIANDANI, Rizky.
Pengaruh Efektivitas Komite Audit dan Penghindaran Pajak: Peran Moderasi Kualitas Audit.
E-Jurnal Akuntansi, [S.l.], v. 32, n. 7, p. 1743-1756, july 2022.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/88619>. Date accessed: 14 nov. 2024.
doi: https://doi.org/10.24843/EJA.2022.v32.i07.p06.
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