ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI THIN CAPITALIZATION PADA PERUSAHAAN MULTINASIONAL DI INDONESIA
Abstract: This study aims to
analyze the factors that affect the thin capitalization of multinational
companies in Indonesia. Thin capitalization is the practice of double taxation
by way of finance branches or subsidiaries with greater interest debt rather
than with equity. Independent variables used in this study is multinationality,
utilization of tax haven, withholding taxes and institutional ownership, while
the dependent variable is the thin capitalization.
The population of this research is that companies listed in Indonesia
Stock Exchange in 2010-2012. Sampling was done by purposive sampling technique.
Based on purposive sampling, obtained a sample of 84 companies. The method of
analysis used to test the effect of independent variables on the dependent variable
is the Ordinary Least Square (OLS).
The results of this study indicate that (1) Multinationality significant
effect on thin capitalization, (2) Utilization of Tax Haven significant effect
on thin capitalization, (3) Withholding Taxes significant effect on thin
capitalization, and (4) Institutional Ownership significant effect on thin
capitalization.
Keywords: thin capitalization,
multinational corporations, tax havens, withholding taxes, institutional
ownershi
Penulis: Novia Suci Nuraini,
Marsono
Kode Jurnal: jpakuntansidd140994
