The Effect of Directors' Compensation and Corporate Risk on Tax Avoidance with Social Responsibility Disclosure as Moderation

Authors

Ananda Ardiansya Pradana Perbanas Institute
Inung Wijayanti Perbanas Institute

DOI:

https://doi.org/10.37010/lit.v6i1.1548

Keywords:

directors' compensation, corporate risk, tax avoidance, good corporate governance, social responsibility disclosure

Abstract

This study aims to examine the effect of directors' compensation and corporate risk on tax avoidance with moderation of social responsibility disclosure. The research uses a descriptive quantitative approach with a causal associative method, focused on manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2018-2022 period. Data was collected through the documentation method with a total sample of 54 companies, resulting in 270 observations. The variables studied include tax avoidance as the dependent variable, compensation of directors and company risk as independent variables, and Good Corporate Governance (GCG) as a moderating variable. Data analysis uses panel data regression with three models: Common Effect Model (CEM), Fixed Effect Model (FEM), and Random Effect Model (REM). The results showed that directors' compensation has no significant effect on tax avoidance, while corporate risk has a significant negative effect. In addition, GCG is able to moderate the effect of corporate risk on tax avoidance, but does not moderate the effect of directors' compensation. These findings indicate that corporate risk plays an important role in tax avoidance strategies, and the implementation of GCG can strengthen this influence, while compensation of directors does not have a significant direct impact.

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