The Effect Of Capital Intensity And Leverage On Tax Management With Profitability As A Moderation Variable (Empirical Study of the Mining Sector Listed on the Indonesian Stock Exchange)
Abstract
This study aims to examine the effect of the capital intensity and leverage on tax management with profitability as a moderating variable. The independent variables used in this study are the capital intensity and leverage. While the dependent variable in this study is tax management which is measured using ETR. And this study also uses a moderating variable, namely profitability. This research was conducted on 48 mining sector companies listed on the Indonesia Stock Exchange, using a purposive sampling method through predetermined criteria. The data obtained by 14 companies were used as research samples with observations for five years from 2014 to 2018, so that the total observations used were 70 samples. The data used is secondary data, namely the annual financial statements of the Mining Sector companies for the period 2014 - 2018. This study uses multiple linear regression analysis for hypothesis testing. The results of this study indicate that the capital intensity has a significant effect on tax management while leverage has no effect on tax management, the variables of capital intensity and leverage together have an effect on tax management. The results of the moderation test show that the interaction between capital intensity and profitability has an effect on tax management, and profitability as a moderating variable strengthens the relationship between capital intensity and tax management, so also the interaction between leverage and profitability affects tax management, and profitability as a moderating variable. Strengthening the relationship between leverage on tax management, and the interaction between the intensity, leverage and profitability together have an effect on tax management, and profitability as a moderating variable strengthens the relationship between the Capital Intensity and leverage on tax management.References
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