The Influence Of Conservatism, Independent Commissioners, And Thin Capitalization On Tax Avoidance With Institutional Ownership

Abstract

This study aims to examine the effect of accounting conservatism, independent commissioners, and thin capitalization on tax avoidance and to analyze the moderating role of institutional ownership in Consumer Non-Cyclicals companies listed on the Indonesia Stock Exchange during 2021–2025. The study uses a quantitative approach with secondary data obtained from company financial and annual reports. Samples were selected using purposive sampling. The data were analyzed using descriptive statistics, classical assumption tests, multiple linear regression, and Moderated Regression Analysis (MRA) with SPSS. The results show that accounting conservatism does not significantly affect tax avoidance. Independent commissioners have a positive and significant effect on tax avoidance, while thin capitalization has a negative and significant effect. Institutional ownership does not significantly affect tax avoidance and does not moderate the effects of accounting conservatism, independent commissioners, or thin capitalization on tax avoidance. The findings indicate that corporate governance and financing policies may influence tax management decisions, while institutional ownership in the observed sample has not demonstrated a significant moderating role. The study contributes empirical evidence to the literature on tax avoidance and corporate governance in Consumer Non-Cyclicals companies listed on the Indonesia Stock Exchange.