THE INFLUENCE OF POLITICAL CONNECTIONS, INVESTMENT OPPORTUNITY SET, AND INSTITUTIONAL OWNERSHIP ON TAX AVOIDANCE WITH CORPORATE SOCIAL RESPONSIBILITY (CSR) AS A MODERATION VARIABLE
Study of Energy Sector Companies listed on the Indonesian Stock Exchange 2018-2022
Keywords:
tax avoidance, political connections, nvestment opportunity sets, institutional ownership, corporate responsibilityAbstract
This research aims to analyze and test the influence of political connections, investment opportunity set, and institutional ownership on tax avoidance with corporate social responsibility (CSR) as a moderating variable. The population of this research is energy sector companies listed on the IDX in 2018-2022. The research sample obtained using the purposive sampling method was 20 companies with an observation period of five years in 2018-2022 so that the sample in this study was 100 samples. Partisl Least Square-Structural Equation Modeling (PLS- SEM) was used as a data analysis technique with the help of Warp-PLS software version 8.0. The results of this study found that investment opportunity sets and institutional ownership have a negative effect on tax avoidance. Then, political connections have no effect on tax avoidance. Apart from that, corporate social responsibility cannot moderate the influence of political connections, investment opportunity sets and institutional ownership on tax avoidance.
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