The Role of Tax Avoidance in the Impact of Ownership Structure on Corporate Performance

Abstract

This study examines and presents a model of The role of Tax Avoidance in the Impact of Ownership Structure on Corporate Performance (empirical study on manufacturing companies listed on the IDX for the 2016-2021 period). This study used multiple linear regression analysis using panel data that combines time-series data and cross-series data. The data obtained were 16 manufacturing companies listed on the IDX in 2016 – 2021 using the purposive sampling method, so that the total data in this study was 96. The results of this study show that Public Ownership has a positive effect on Tax Avoidance, Institutional ownership has a negative effect on Tax Avoidance, Foreign Ownership has a positive effect on Tax Avoidance, Tax Avoidance has a negative influence on Corporate Performance, Public Ownership negatively affects Coporate Performance, Institutional Ownership negatively affects Corporate Performance, Foreign Ownership negatively affects Corporate Performance and Tax Avoidance have no effect in mediating Ownership Strucutre (Public, Institutional, and Foreign Ownership) to Corporate Perfomance