Cost of Debt Tax Avoidance with Institutional Ownership as a Moderating Variable

Kadek Krishna Dhananjaya (Faculty of Economics and Business, Universitas Udayana, Indonesia)
Ni Made Adi Erawati (Faculty of Economics and Business, Universitas Udayana, Indonesia)

E-Jurnal Akuntansi
Vol. 33 No. 7 (2023)

This study aims to examine the effect of tax avoidance on the cost of debtand also examine the effect of institutional ownership in moderating therelationship between tax avoidance on the cost of debt in manufacturingcompanies listed on the Indonesia Stock Exchange. Quantitativeresearch design in the form of associative. The number of observationswas 93 companies using purposive sampling method. The researcher'sanalysis technique is multiple linear regression. The results of the studyshow that the tax avoidance variable has a positive effect on the cost ofdebt. Meanwhile, institutional ownership cannot moderate eitherstrengthen or weaken the effect of tax avoidance on the cost of debt.