The Influence of Profitability, Leverage, and Capital Intensity on Tax Avoidance in Energy Sector Companies Listed on the Indonesia Stock Exchange for the 2020-2024 Period

Suci Mulyani; Enggar Diah Puspa Arum; Ilham Wahyudi; Wiralestari

doi:10.59890/ijaeam.v4i3.174

Authors

Suci Mulyani Universitas Jambi
Enggar Diah Puspa Arum Universitas Jambi
Ilham Wahyudi Universitas Jambi
Wiralestari Universitas Jambi

DOI:

https://doi.org/10.59890/ijaeam.v4i3.174

Keywords:

Capital intensity, Leverage, Profitability, Tax avoidance, Energy Sector

Abstract

This study examines the influence of profitability,

leverage, and capital intensity on tax avoidance among energy sector firms listed on the Indonesia Stock Exchange over the 2020–2024 period. A quantitative approach is adopted, utilizing secondary data drawn from corporate financial statements. The sample comprises 35 energy sector companies, generating 175 observations through purposive sampling. The data were analyzed using multiple linear regression analysis with IBM SPSS Statistics Version 27. The findings reveal that profitability, proxied by Return on Assets (ROA), bears no significant relationship with tax avoidance. Conversely, leverage, measured by the Debt to Equity Ratio (DER), positively and significantly affects tax avoidance, while capital intensity demonstrates a negative and significant impact. When assessed collectively, all three variables simultaneously exert a significant effect on tax avoidance. These results underscore that tax avoidance behavior is shaped by a combination of financial determinants, particularly a firm's capital structure and asset composition. Subsequent studies are encouraged to incorporate additional variables such as corporate governance mechanisms and to broaden both the observation period and industry coverage

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