PENGARUH INTENSITAS MODAL, PERTUMBUHAN PENJUALAN, DAN KEBIJAKAN UTANG TERHADAP PENGHINDARAN PAJAK
DOI:
https://doi.org/10.61722/jemba.v3i5.3089Keywords:
Capital Intensity, Debt Policy, Consumer Non-Cyclicals, Sales Growth, Tax AvoidanceAbstract
This research was conducted to assess and test how capital intensity, sales growth, and debt policy, both jointly and individually, relate to tax avoidance among consumer non-cyclicals companies listed on the Indonesia Stock Exchange over the 2021-2025 period. Tax avoidance in this study is measured through the Effective Tax Rate (ETR), applying a quantitative approach based on panel data regression. Out of a population of 132 companies, 32 firms were retained as the final sample following purposive sampling and the removal of outlier data. Data was processed with Eviews Series 13. Findings indicate that the three independent variables jointly influence tax avoidance, whereas on an individual basis only debt policy shows a significant, negative relationship, while capital intensity and sales growth each show no significant effect.
References
Afrika, R. (2021). Kepemilikan Institusional terhadap Penghindaran Pajak. Balance : Jurnal Akuntansi Dan Bisnis, 6(2), 132. https://doi.org/10.32502/jab.v6i2.3968
Agfiyanti, M., & Agustinus, E. (2025). Pengaruh Intensitas Modal, Intensitas Persediaan, Kebijakan Utang terhadap Tax Aggressiveness. Jurnal Nusa Akuntansi, 2(2), 788-804. https://doi.org/10.62237/jna.v2i2.240
Ariani, & Asmedi. (2025). Pengaruh Sales Growth, Capital Intensity dan Kebijakan Utang terhadap Agresivitas Pajak.
Christina, M. W., & Wahyudi, I. (2022). Pengaruh Intensitas Modal, Intensitas Persediaan, Pertumbuhan Penjualan dan Profitabilitas terhadap Agresivitas Pajak. Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 4(11), 5076-5083. https://doi.org/10.32670/fairvalue.v4i11.1858
Dessy Juliana, & Hari Stiawan. (2022). Pengaruh Corporate Social Responsibility, Transfer Pricing dan Koneksi Politik terhadap Tax Avoidance. SOSMANIORA: Jurnal Ilmu Sosial Dan Humaniora, 1(3), 283-291. https://doi.org/10.55123/sosmaniora.v1i3.804
Emanuel, R., Trisnawati, E., & Firmansyah, A. (2023). Manajemen Laba, Leverage, Pertumbuhan Penjualan, Penghindaran Pajak: Peran Moderasi Komisaris Independen. E-Jurnal Akuntansi, 33(3), 756. https://doi.org/10.24843/EJA.2023.v33.i03.p13
Faradiza, S. A. (2019). Dampak Strategi Bisnis terhadap Penghindaran Pajak. Journal of Applied Accounting and Taxation, 4(1), 107-116. https://doi.org/10.30871/jaat.v4i1.1199
Hanlon, M., & Heitzman, S. (2010). A Review of Tax Research. Journal of Accounting and Economics, 50(2-3), 127-178. https://doi.org/10.1016/j.jacceco.2010.09.002
Hartinah, D. A. S., Kusumawati, A., & Rasyid, S. (2022). Analisis Kepatuhan Wajib Pajak Orang Pribadi: Sosialisasi Pajak sebagai Variabel Moderasi. Owner, 7(1), 195-218. https://doi.org/10.33395/owner.v7i1.1262
Havifah, & Ferdiansyah. (2023). Pengaruh Capital Intensity, Sales Growth, dan Kepemilikan Manajerial terhadap Penghindaran Pajak.
Hilmi, M. F., Amalia, S. N., Amry, Z., & Setiawati, S. (2022). Pengaruh Dewan Komisaris Independen, Komite Audit, Leverage dan Intensitas Modal terhadap Penghindaran Pajak pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2017. Owner, 6(4), 3533-3540. https://doi.org/10.33395/owner.v6i4.1178
Isnaini, R., & Handayani, A. (2024). Pengaruh Intensitas Modal, Transfer Pricing dan Pertumbuhan Penjualan terhadap Tax Avoidance pada Perusahaan Sektor Perindustrian yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022. Jurnal Nusa Akuntansi, 1(1), 202-223. https://doi.org/10.62237/jna.v1i1.18
Jao, R., & Holly, A. (2022). Pengaruh Profitabilitas, Likuiditas, Leverage, Ukuran Perusahaan dan Corporate Social Responsibility terhadap Penghindaran Pajak. Accounting, Accountability, and Organization System (AAOS) Journal, 4(1), 14-34. https://doi.org/10.47354/aaos.v4i1.420
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. https://doi.org/10.1016/0304-405X(76)90026-X
Kalbuana, N., Taqi, M., Uzliawati, L., & Ramdhani, D. (2023). CEO Narcissism, Corporate Governance, Financial Distress, and Company Size on Corporate Tax Avoidance. Cogent Business & Management, 10(1). https://doi.org/10.1080/23311975.2023.2167550
Kasmir. (2021). Analisis Laporan Keuangan. Rajawali Pers.
Kontan.co.id. (2019). BAT Group diduga lakukan penghindaran pajak melalui Bentoel. Kontan.co.id.
Lestari, & Dewi, E. K. (2024). Pengaruh Intensitas Modal, Pertumbuhan Penjualan dan Ukuran Perusahaan terhadap Penghindaran Pajak. Jurnal Akuntansi, 8(2).
Marta, D., & Nofryanti, N. (2023). Pengaruh Intensitas Modal, Pertumbuhan Penjualan dan Ukuran Perusahaan terhadap Penghindaran Pajak. Jurnal Akuntansi Dan Keuangan, 28(1), 55-65. https://doi.org/10.23960/jak.v28i1.756
Michael Vernando Sirait, & Gunardi Lie. (2025). Konsep Regulasi dan Hukum Pajak dalam Meningkatkan Kesejahteraan Masyarakat Indonesia. Jurnal Ilmiah Kutei, 24(1), 124-139. https://doi.org/10.33369/jik.v24i1.42342
Modigliani, F., & Miller, M. H. (1963). Corporate Income Taxes and the Cost of Capital: A Correction. The American Economic Review, 53(3).
Nugroho, A. C., Mulyanto, M., & Afifi, Z. (2022). Pengaruh Financial Distress, Leverage, Sales Growth, Manajemen Laba, dan Intensitas Aset Tetap terhadap Penghindaran Pajak (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di BEI Selama Tahun 2018-2021). Jurnal Economina, 1(2), 140-151. https://doi.org/10.55681/economina.v1i2.27
Rahmahdanti, A., & Yazid, A. (2024). Pengaruh Intensitas Modal, Pertumbuhan Penjualan dan Kepemilikan Manajerial terhadap Penghindaran Pajak. Media Riset Bisnis Ekonomi Sains Dan Terapan, 2(2), 38-48. https://doi.org/10.71312/mrbest.v2i2.171
Saragih, M. R., Rusdi, R., & Sjahputra, A. (2023). Pengaruh Inventory Intensity, Kebijakan Utang dan Pertumbuhan Penjualan terhadap Tax Avoidance. Scientific Journal of Reflection: Economic, Accounting, Management and Business, 6(3), 725-735. https://doi.org/10.37481/sjr.v6i3.714
Sari, M. R., & Indrawan, I. G. A. (2022). Pengaruh Kepemilikan Institusional, Capital Intensity dan Inventory Intensity terhadap Tax Avoidance. Owner, 6(4), 4037-4049. https://doi.org/10.33395/owner.v6i4.1092
Sasmita, A. I., & Ferdiansyah, F. (2025). Pengaruh Pertumbuhan Penjualan, Intensitas Modal dan Kepemilikan Manajerial terhadap Penghindaran Pajak.
Setiawan, I., & Bayu Putra, F. T. (2024). Pengaruh Ukuran Perusahaan, Intensitas Modal, Pertumbuhan Penjualan dan Intensitas Persediaan terhadap Penghindaran Pajak. Jurnal Nusa Akuntansi, 1(3), 987-1007. https://doi.org/10.62237/jna.v1i3.138
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Alfabeta.
Sutanto, J., & Lasar, H. F. A. T. (2023). Pengaruh Transfer Pricing dan Karakteristik Perusahaan terhadap Penghindaran Pajak. Media Bisnis, 15(2). https://doi.org/10.34208/mb.v15i2.1966
Warga Dalam, W. W., & Novriyanti, I. (2020). Faktor-Faktor yang Mempengaruhi Penghindaran Pajak. Journal of Applied Accounting and Taxation, 5(1), 24-35. https://doi.org/10.30871/jaat.v5i1.1862
Yulianty, A., Ermania Khrisnatika, M., & Firmansyah, A. (2021). Penghindaran Pajak pada Perusahaan Pertambangan di Indonesia: Profitabilitas, Tata Kelola Perusahaan, Intensitas Persediaan, Leverage. Jurnal Pajak Indonesia (Indonesian Tax Review), 5(1). https://doi.org/10.31092/jpi.v5i1.1201
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 JURNAL ILMIAH EKONOMI, MANAJEMEN, BISNIS DAN AKUNTANSI
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
