The Effect of Tax Aggressiveness and Cost of Debt on Company Performance with Political Connections as a Moderator

Abstract

This study aims to identify how tax aggressiveness and cost of debt impact company performance during the 2019-2023 period, considering the moderation of political connections in the energy sector listed on the Indonesia Stock Exchange. This study is a quantitative study with secondary data using a sample of 120. Descriptive analysis is utilized in this study, applying panel data regression verified by the Chow and Hausman tests, and conducts hypothesis testing through T-tests and F-tests within the random effects model framework. The research findings indicate that tax aggressiveness affects company performance, while the cost of debt does not have a significant impact. Political connections that moderate tax aggressiveness and cost of debt also do not affect company performance