Good Corporate Governance in Mitigating Tax Avoidance: An Analysis of Transfer Pricing and Profitability in Indonesian Energy Companies
Keywords:
Good Corporate Governance, Tax Avoidance, Transfer Pricing
Abstract
This research explores the factors that drive tax evasion, which remains a paramount fiscal challenge in Indonesia, especially among companies in the energy industry. Agency theory illustrates the conflict of interest existing between management and government in managing tax obligations. A quantitative methodology was used, drawing on 55 data points from 11 energy companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024. The gathered data were examined using multiple linear regression and Moderation Regression Analysis (MRA). The results indicate that transfer pricing significantly boosts tax avoidance. Conversely, profitability and effective corporate governance (GCG), as measured by board size, have a significant negative impact on tax evasion. Additionally, GCG is found to significantly diminish the positive correlation between transfer pricing and tax avoidance. Consequently, it can be deduced that transfer pricing practices elevate tax avoidance, while enhanced profitability and robust corporate governance frameworks tend to decrease such practices. In this context, GCG plays a crucial role as a risk-mitigation mechanism against the adverse implications of transfer pricing practices.
References
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Lestari, D. N. N., & Kholid, M. N. (2024). Digital Transformation and Tax Avoidance of The Indonesian Basic Materials and Energy Sector. Jurnal Studi Akuntansi Dan Keuangan, 7(1), 51–66. https://doi.org/https://doi.org/10.29303/akurasi.v7i1.477.
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Published
2026-08-07
How to Cite
M. Reza Oktananda, Dwi Sinta, & Tika Oktarina. (2026). Good Corporate Governance in Mitigating Tax Avoidance: An Analysis of Transfer Pricing and Profitability in Indonesian Energy Companies. International Journal of Economics, Business and Innovation Research, 5(05), 656-679. https://doi.org/10.63922/ijebir.v5i05.5817
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