PENGARUH CORPORATE GOVERNANCE TERHADAP MANAJEMEN PAJAK PADA PERUSAHAAN NON-KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

The research aims to test empirically the effect of corporate governance on tax management. Corporate governances in the research were institutional ownership, managerial ownership, the proportion of independent director and audit committee expertise on tax management proxied by effective tax rate (ETR). The research employed three control variables firm namely size, firm growth and leverage. The sample in the research was 25 non-financial companies listed at Indonesia Stock Exchange during 2010-2011 that have been selected based on the criteria of the research and the annual report of these companies became the primary data source. The results of the research showed that managerial ownership, the proportion of independent directors, firm size and leverage had significant effect on tax management. On the other hand, institutional ownership, audit committee expertise and firm size do not significantly effect on tax management. The results of the research also showed that the stakeholders within the companies, namely independent directors and the managers who had ownership upon the company share have a role in determining the tax rate that should be paid to the government