Dari Laporan Keberlanjutan ke Nilai Perusahaan: Peran Strategis Penghindaran Pajak
DOI:
https://doi.org/10.57235/mantap.v4i2.9209Keywords:
Sustainability Reporting, Penghindaran Pajak, Nilai Perusahaan, PerbankanAbstract
Perkembangan tuntutan terhadap transparansi dan tanggung jawab perusahaan mendorong perusahaan untuk meningkatkan sustainability reporting. Namun, pengungkapan keberlanjutan belum tentu secara langsung meningkatkan nilai perusahaan dan dapat berkaitan dengan bagaimana perusahaan menjalankan kebijakan perpajakannya. Penelitian ini bertujuan untuk menganalisis pengaruh sustainability reporting terhadap penghindaran pajak dan nilai perusahaan serta menguji peran penghindaran pajak dalam memediasi hubungan sustainability reporting terhadap nilai perusahaan. Penelitian menggunakan pendekatan kuantitatif dengan data sekunder perusahaan perbankan yang terdaftar di Bursa Efek Indonesia periode 2018–2024. Metode regresi data panel dipilih karena mampu menguji hubungan antarvariabel dengan mempertimbangkan perbedaan karakteristik perusahaan dan periode pengamatan, sedangkan pengujian mediasi dilakukan menggunakan Sobel test. Hasil penelitian menunjukkan bahwa sustainability reporting tidak berpengaruh terhadap penghindaran pajak dan nilai perusahaan, sedangkan penghindaran pajak berpengaruh terhadap nilai perusahaan. Penghindaran pajak juga terbukti memediasi pengaruh sustainability reporting terhadap nilai perusahaan. Temuan ini menunjukkan bahwa pengaruh sustainability reporting terhadap nilai perusahaan dapat terbentuk melalui kebijakan perpajakan perusahaan, bukan melalui hubungan langsung. Penelitian selanjutnya disarankan menggunakan proksi penghindaran pajak dan ukuran kualitas sustainability reporting yang lebih beragam serta memperluas objek penelitian pada sektor lainnya.
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