Strategi Penghindaran Pajak Oleh Perusahaan dan Upaya Pengawasannya Oleh Otoritas Pajak

Abstract

This study aims to examine the impact of good corporate gove$rnance on the financial performance of companies listed in the LQ45 index of the Indonesia Stock Exchange (IDX) for the 2021–2023 period. Return on Assets (ROA) is used as the dependent variable in this study, while the Independent Board of Commissioners, Audit Committee, Institutional Ownership, and Managerial Ownership are the independent variables. A total of 75 observations over three years were conducted by the 25 companies that served as the study sample. The te$chnique used was multiple line$ar regression analysis. The results of the study show that partially and simultaneously, the four Good Corporate Governance variables have a positive and significant effect on ROA. This finding indicates that the implementation of good corporate governance practices contributes directly to improving financial performance. This study is expected to be a reference for company management, investors, and regulators in optimizing the implementation of GCG principles in a sustainable manner.