Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Jurnal Akuntansi
Tomy Rizky Izzalqurny
Accounting Department, Faculty of Economics and Business, State University of Malang
Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Governance Roles in Financial Flexibility and Tax Avoidance Gracia Natali Adonia Nata; Tomy Rizky Izzalqurny
Jurnal Akuntansi Vol. 30 No. 2 (2026): May-August 2026
Publisher : Fakultas Ekonomi dan Bisnis Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ja.v30i2.3656

Abstract

Indonesia's tax-to-GDP ratio has stagnated below regional and international benchmarks, and corporate tax avoidance (TA) accounts for most of the resulting revenue loss. This study examines how the investment opportunity set (IOS) and free cash flow (FCF) relate to TA, and whether audit committee size (ACS) and Big Four Affiliation (BIG4A) moderate those relationships. Panelfixed-effects regression is applied to 201 firm-year observations from 67 manufacturing firms listed on the Indonesia Stock Exchange during 2022–2024. TA is proxied inversely by the GAAP effective tax rate (ETR). Both IOS and FCF show negative and significant coefficients on ETR, indicating that firms with greater growth opportunities and larger surplus liquidity engage in more intensive TA.ACS moderates the FCF–TA relationship in the direction opposite to that predicted, whereas the IOS–ACS, IOS–BIG4A, and FCF–BIG4A interactions are statistically insignificant. Boards of commissioners should weigh substantive monitoring attributesrather than committee size and auditor affiliation alone.
Co-Authors Gracia Natali Adonia Nata