The Influence of Independent Boards of Commissioners, Institutional Ownership, and Capital Intensity on Tax Avoidance

Dr. Dirvi Surya Abbas.,SE.,M.Ak.,CBV.,CIBA.,CTA.,ACPA

Abstract


The study aims to examine the influence of independent commissioners, institutional ownership, and capital intensity on tax avoidance among manufacturing companies listed on the Indonesia Stock Exchange in the period 2020–2023. The research population consists of all manufacturing firms listed within this timeframe, with the sample selected using a purposive sampling approach. A total of 58 companies were analyzed to provide empirical insights into corporate governance and financial practices related to taxation. The analysis demonstrates that independent commissioners play a crucial role in reducing tax avoidance, as effective oversight strengthens compliance and minimizes aggressive tax behavior. Institutional ownership is also found to decrease tax avoidance, highlighting the monitoring role of institutional investors in ensuring transparent managerial decision-making. In contrast, capital intensity shows a positive relationship with tax avoidance, suggesting that firms with higher levels of fixed assets tend to optimize depreciation policies as part of their tax planning strategies. Overall, the findings contribute to a deeper understanding of how governance structures and asset composition affect corporate tax practices in emerging markets, while also offering practical implications for regulators, investors, and corporate managers seeking to strengthen accountability and compliance.


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References


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DOI: http://dx.doi.org/10.31000/jast.v5i2.14855

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