The Effects of Tunneling Incentive, Bonus Mechanism, and Firm Size  on Transfer Pricing

Annisa Rochmah; Nurhastuty Kesumo Wardhani

doi:10.33753/mandiri.v9i1.316

Annisa Rochmah Fakultas Ekonomi dan Bisnis, Universitas Trisakti
Nurhastuty Kesumo Wardhani Fakultas Ekonomi dan Bisnis, Universitas Trisakti

DOI: https://doi.org/10.33753/mandiri.v9i1.316

Keywords: Tunneling Incentive, Bonus Mechanism, Firm Size, Transfer Pricing

Abstract

This research is conducted to examine how tunneling incentive, bonus mechanism, and firm size influence transfer pricing among banking companies listed on the Indonesia Stock Exchange (IDX) throughout 2022–2024. The study employs a purposive sampling technique, selecting data from annual reports of banks that meet predetermined criteria, yielding a total of 102 firm-year observations. The analysis utilizes panel data regression to test the hypotheses. Findings reveal that both tunneling incentive and bonus mechanism positively affect transfer pricing, indicating that the personal motives of majority shareholders and performance-based managerial rewards may stimulate transfer pricing behavior. Conversely, firm size shows a negative relationship with transfer pricing, suggesting that larger institutions tend to limit such activities due to greater oversight from regulators. The outcomes of this research offer meaningful implications for policymakers, investors, and corporate leaders in comprehending the determinants of transfer pricing practices within the banking industry.

Downloads

Download data is not yet available.

References

Cledy, Helti, and Muhammad Nuryatno Amin. 2020. “Pengaruh Pajak, Ukuran Perusahaan, Profitabilitas Dan Leverage Terhadap Keputusan Perusahaan Untuk Melakukan Transfer.” Jurnal Akuntansi Trisakti 7(2): 247–64. doi:10.25105/jat.v7i2.7454.

Ginting, Wenny Anggeresia, Hantono Hantono, and Asen Susanto. 2023. “Indikasi Transfer Pricing Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia.” Keunis 11(2): 157. doi:10.32497/keunis.v11i2.4297.

Hadmoko, Febriyadi Tri, and Ferry Irawan. 2022. “Determinants of Transfer Pricing Aggressiveness and the Mediation Role of Tax Burdens: Evidence from Indonesia.” JEMA: Jurnal Ilmiah Bidang Akuntansi dan Manajemen 19(1): 41–59. doi:10.31106/jema.v19i1.13901.

Herlina, Herlina, and Sitti Murniati. 2023. “Effect of Effective Tax Rate, Tunneling Incentive, and Bonus Mechanism on Transfer Pricing Decision.” Atestasi : Jurnal Ilmiah Akuntansi 6(2): 403–18. doi:10.57178/atestasi.v6i2.696.

Kamalia, B D, and J Ratnawati. 2024. “Indikasi Transfer Pricing Pada Perusahaan Sektor Barang Konsumsi Di BEI Tahun 2019-2022.” Juara: Jurnal Riset Akuntansi 14(1): 134–53.

Merle, Ronan, Bakr Al-Gamrh, and Tanveer Ahsan. 2019. “Tax Havens and Transfer Pricing Intensity: Evidence from the French CAC-40 Listed Firms.” Cogent Business and Management 6(1). doi:10.1080/23311975.2019.1647918.

Safira, Mutia, Arridho Abduh, and Sonia Sischa Eka Putri. 2021. “Pengaruh Pajak, Mekanisme Bonus, Kepemilikan Asing, Tunneling Incentive Dan Exchange Rate Terhadap Keputusan Perusahaan Melakukan Transfer Pricing.” The Journal of Taxation: Tax Center 2(1): 116–37. https://ejournal.uin-suska.ac.id/index.php/jot/article/view/14251.

Sitanggang, Raymondo, and Amrie Firmansyah. 2021. “Transaksi Dengan Pihak Berelasi Dan Praktik Transfer Pricing Di Indonesia.” Jurnal Pajak dan Keuangan Negara (PKN) 2(2): 34–52. doi:10.31092/jpkn.v2i2.1180.

Stevanni, and Etty Herijawati. 2024. “Pengaruh Profitability, Tunneling Incentive, Debt Covenant, Exchange Rate, Dan Bonus Mechanism Terhadap Transfer Pricing.” eCo-Buss 7(1): 191–205. doi:10.32877/eb.v7i1.1281.

Susilawati, Susi, Abu Nizarudin, and Anggraeni Yunita. 2024. “Pengaruh Ukuran Perusahaan, Kepemilikan Asing Dan Profitabilitas Terhadap Transfer Pricing (Pada Perusahaan Pertambangan Yang Terdaftar Di BEI Tahun 2018-2022).” Indo-Fintech Intellectuals: Journal of Economics and Business 4(2): 406–19. doi:10.54373/ifijeb.v4i2.1268.

Tarmidi, SE., M.Ak., BKP., Deden, and Natalia Desy Novitasari. 2022. “Transfer Pricing: Dampak Beban Pajak, Tunneling Incentive, Dan Profitabilitas.” Jurnal Akuntansi dan Bisnis Krisnadwipayana 9(2): 691. doi:10.35137/jabk.v9i2.658.

Wijaya, Indra, and Anisa Amalia. 2020. “Pengaruh Pajak, Tunneling Incentive, Dan Good Corporate Governance Terhadap Transfer Pricing.” Jurnal Profita 13(1): 30. doi:10.22441/profita.2020.v13i1.003.

Wulandari, Astri, and Dini Fitrianti. 2024. “Pengaruh Pajak, Intangible Assets, Dan Ukuran Perusahaan Terhadap Transfer Pricing.” Jurnal Akuntansi Keuangan dan Bisnis 2(2): 534–41. https://jurnal.ittc.web.id/index.php/jakbs/index.

Yaramah, Wati, Dirvi Surya Abbas, Maharani Nur Restu Wibowo, Miyah Maulidah Setiawan, and Putri Lindeawati. 2025. “Pengaruh Profitabilitas, Tunneling Incentive, Mekanisme Bonus, Dan Intangible Aset Terhadap Transfer Pricing Dengan Tax Minimization Sebagai Variabel Moderasi.” Jurnal Riset Akuntansi Politala 8(1): 174–87. doi:10.34128/jra.v8i1.446.