The Influence of Leverage, Income Tax, and Dividend Payout Ratio on Income Smoothing

Claudio Ananda Wijaya; Vianty Adella Santo

doi:10.55927/jambak.v4i2.294

Authors

Claudio Ananda Wijaya Universitas Bunda Mulia
Vianty Adella Santo Universitas Bunda Mulia

DOI:

https://doi.org/10.55927/jambak.v4i2.294

Keywords:

Dividend Payout Ratio, Income Smoothing, Leverage, Income Tax, Manufacturing Companies

Abstract

This study aims to analyze the influence of leverage, income tax, and dividend payout ratio on income smoothing practices among manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the period 2020–2023. Income smoothing refers to managerial actions taken to stabilize reported earnings over time, often to reduce perceived risk and maintain favorable relationships with stakeholders such as investors, creditors, and shareholders. The research employs a quantitative approach using causal-comparative methods. The sample was selected through purposive sampling, resulting in 39 manufacturing companies with a total of 128 observation data after outlier adjustments. Data were obtained from annual financial reports published on the official IDX website. Hypothesis testing was conducted using multiple linear regression analysis with IBM SPSS version 25.

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