Exploring the intricacies of tax planning: a novel insight from the Indonesian context

Figures & data

Figure 1. Conceptual framework.

Table 1. Research sample.

Criteria	Total
1.Manufacturing sector listed on the Indonesia Stock Exchange from 2017 to 2020	193
2.Companies that published financial statements and can be accessible from 2017 to 2020	90
3.Four years of data observation	360
4.Data outlier	(16)
Total Sample (firm-year)	344

Table 2. Model summary.

Model Summary
Model	R	R Square	Adjusted R Square	Std. Error of the Estimate	Durbin-Watson
1	0.343^a	0.118	0.099	6.90273E5	0.588

^a Predictors: (Constant), BLOK, INSDR, INST, DTAC.

^bDependent Variable: ETR.

Table 3. F-test result.

ANOVA^b
Model		Sum of Squares	df	Mean Square	F	Sig
1	Regression	1.230E13	4	3.074E12	6.453	0.003^a
	Residual	8.291E13	195	4.765E11
	Total	1.052E14	199

^a Predictors: (Constant), BLOK, INSDR, INST, DTAC.

^b Dependent Variable: ETR.

Table 4. T-test results.

Coefficients^a
Model		Unstandardized Coefficients		Standardized Coefficients	t	Sig
		B	Std. Error	Beta
1	(Constant)	593379.872	1238997.755		0.479	0.633
	DTAC	−450431.545	746634.565	−0.041	−0.603	0.547
	INST	150543.865	1224462.929	0.034	0.123	0.902
	INSDR	−3243373.713	1456784.446	−0.270	−2.226	0.027
	BLOK	1019945.402	1209571.794	0.215	0.843	0.400

^a Dependent Variable: ETR.

Data availability statement

The data supporting the findings of this research are available within the article. The data were sourced from the Indonesian Stock Exchange (IDX) and the Indonesian Capital Market Directory (ICMD), focusing on audited financial statements of manufacturing companies listed on the IDX from the years 2017 to 2020.