Research of Accounting and Governance

Ethical Taxation Through Governance and CSR: Evidence from Indonesian Firms

2026-05-03T18:45:28+07:00

This study examines the influence of independent boards of commissioners, boards of directors, audit committees, and Corporate Social Responsibility (CSR) on tax avoidance in manufacturing companies listed on the Indonesia Stock Exchange during 2021–2024. The research addresses inconsistent findings regarding the effectiveness of corporate governance and CSR in reducing tax avoidance. Manufacturing firms were selected due to their complex operations, high tax exposure, and significant contribution to Indonesia’s economy. A quantitative associative approach was employed. Using purposive sampling, 53 companies were selected, generating 212 firm-year observations. Secondary data from annual financial and sustainability reports were analyzed using panel regression with EViews. The results show that independent boards of commissioners do not significantly affect tax avoidance, indicating that their monitoring role has not been fully effective in preventing opportunistic tax behavior. In contrast, boards of directors, audit committees, and CSR significantly influence tax avoidance, suggesting that stronger governance mechanisms and greater social responsibility can reduce aggressive tax practices and improve tax compliance. This study contributes to agency and legitimacy theories by emphasizing the importance of effective governance and ethical responsibility in mitigating tax avoidance and promoting sustainable corporate practices.

Do Female Directors Enhance ESG Performance? The Moderating Role of FinTech in Indonesian Banking

2026-02-16T09:27:09+07:00

This study examines the effect of female representation on the board of directors on environmental, social, and governance (ESG) performance in the banking sector. The rapid growth of financial technology (FinTech) creates a governance phenomenon by potentially reshaping how board diversity influences sustainability outcomes. This study uses panel data from Indonesian listed banks and analyzes 230 firm-year observations from 2019 to 2023. This study applies moderated regression analysis (MRA) to test the proposed relationships. The findings show that female representation on the board of directors improves ESG performance. However, FinTech development weakens the positive effect of female directors on ESG performance, indicating that higher levels of digitalization reduce the effectiveness of board gender diversity in promoting sustainability. This study concludes that digital transformation alters the role of board governance mechanisms in achieving ESG objectives. This study provides managerial and regulatory implications by emphasizing the importance of aligning FinTech strategies with board governance practices to ensure that digitalization supports, rather than undermines, corporate ESG commitments and long-term sustainability.

Corporate Governance and Tax Avoidance: Moderating Effects of Institutional Ownership in Indonesia’s Energy Sector

2026-05-03T18:41:15+07:00

This study examines the effects of profitability, thin capitalization, and Corporate Social Responsibility (CSR) on tax avoidance, as well as the moderating role of institutional ownership in energy sector companies listed on the Indonesia Stock Exchange during 2021–2024. The energy sector was selected due to its capital-intensive nature, environmental impact, and high regulatory scrutiny regarding tax transparency. This study also addresses inconsistent findings in previous research concerning the determinants of tax avoidance and the effectiveness of institutional ownership as a governance mechanism. Using a quantitative associative approach, the research employed secondary data obtained from annual financial reports. Purposive sampling was used to select 30 companies, resulting in 120 firm-year observations. Data were analyzed using panel regression and moderation analysis in EViews. The results show that profitability has a significant negative effect on tax avoidance, indicating that more profitable firms tend to demonstrate greater tax compliance. Thin capitalization has a significant positive effect on tax avoidance, suggesting that debt financing encourages tax-minimization strategies through interest expense utilization. CSR reduces tax avoidance, while institutional ownership significantly moderates the relationships between profitability, thin capitalization, CSR, and tax avoidance by enhancing oversight and limiting opportunistic managerial behavior.

Audit Quality as a Moderator of Auditor Switching Determinants: Evidence from SRI-KEHATI Index Companies in Indonesia

2026-06-17T14:25:38+07:00

This study examines the determinants of auditor switching by analyzing the effects of Audit Committee Gender, Audit Fee, Financial Distress, and Audit Report Lag, with Audit Quality as a moderating variable. Prior studies have primarily focused on general listed companies and have provided limited evidence on the moderating role of audit quality, particularly in sustainability-oriented firms. This study addresses this gap by examining companies included in the SRI-KEHATI Index, which represents firms committed to strong corporate governance, environmental responsibility, and sustainable business practices. Secondary data were collected from audited annual reports of SRI-KEHATI Index companies listed on the Indonesia Stock Exchange during 2019–2023. Using purposive sampling, the study obtained 75 firm-year observations from 16 companies. Logistic regression and Moderated Regression Analysis (MRA) were employed using SPSS. The findings reveal that Audit Committee Gender, Audit Fee, Financial Distress, and Audit Report Lag do not significantly influence auditor switching. In addition, Audit Quality does not moderate the relationships between these variables and auditor switching. These findings suggest that auditor switching decisions in sustainability-oriented firms are influenced by factors beyond financial, operational, and governance characteristics, emphasizing the importance of maintaining auditor independence and consistent audit quality.

Corporate Governance Mechanisms, Capital Intensity, and Tax Avoidance: An Empirical Study of Banking Transparency

2026-05-03T18:43:15+07:00

This study examines the effects of independent boards of commissioners, boards of directors, audit committees, institutional ownership, and capital intensity on tax avoidance in Indonesian banking companies during 2020–2024. The study is motivated by concerns over persistent tax avoidance despite corporate governance regulations. The banking sector was selected because of its strategic role in economic stability and strict regulatory environment, making governance transparency particularly important. This research also addresses inconsistent findings regarding the effectiveness of corporate governance mechanisms in reducing tax avoidance. A quantitative associative approach was employed using secondary data from banking companies listed on the Indonesia Stock Exchange (IDX). Purposive sampling yielded 20 companies, resulting in 100 firm-year observations. Panel-data regression analysis was conducted using EViews. The results indicate that independent boards of commissioners, institutional ownership, and capital intensity have significant negative effects on tax avoidance, suggesting that stronger independent oversight, greater institutional investor participation, and higher fixed-asset intensity discourage aggressive tax practices. In contrast, the board of directors and audit committee have no significant effect. These findings contribute to the corporate governance and agency theory literature by highlighting the importance of governance quality in reducing tax avoidance and promoting greater tax transparency in Indonesia's banking sector.