ANALISIS PENGARUH KEBIJAKAN KEUANGAN TERHADAP AGRESIVITAS PAJAK DI MODERASI DENGAN GOOD CORPORATE GOVERNANCE (GCG)

This study investigates the impact of financial policy on tax aggressiveness, with a particular focus on the role of Good Corporate Governance (GCG) as a moderating factor. The research examines manufacturing companies over a five-year period from 2019 to 2023. The independent variables are Leverage and asset intensity, representing financial policies, while tax aggressiveness serves as the dependent variable. GCG is evaluated through the audit committee and acts as the moderating variable. The study employs a quantitative approach using purposive sampling, resulting in a final sample of 61 companies and 305 data points. The data analysis and hypothesis testing are performed using STATA version 15 and the panel data regression technique. The findings indicate that the Random Effect Model is the most appropriate model. Leverage does not have a significant impact on tax aggressiveness, and GCG does not moderate the relationship between Leverage and tax aggressiveness. However, asset intensity demonstrates a significant effect on tax aggressiveness, and GCG effectively moderates the relationship between asset intensity and tax aggressiveness.