Record Detail

The Background :
Over the last decade, tax avoidance can be categorized as a quality measurement, where it is related to a better prospect. With the high awareness of high-quality financial reporting, this dividend policy has driven up high compliance of smoothing the movement of agency cost, related to a sign of efficient contracting, which is used to predict the future return precisely.
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The method of this research :
All observations in the listed manufacturing companies in Indonesia had done during 2015-2021; this causal research with a data panel uses dividends as a moderation variable. This purposive sampling research has 154 companies, so the valid observation has been eliminated into 204 samples.
The findings:
Tax accruals have been tested as a crucial factor in negatively stimulating investor perception; aggressive tax accruals are proof of opportunity behavior. The high compliance as a low probability of tax investigation positively triggered the investor's perception, particularly tax exposure as a subsequent effect. Combining the decision tree and simplex modeling, the relationship of game theory with simplex programming as an artificial intelligence portfolio has illustrated the pattern of investment decisions on the rational decision model.
The conclusion :
The impact of earning quality is to protect the investor from gaining distortion in accounting information, so the responsibility of the regulator is to fix the dividend policy as a mandatory obligation to level up the high compliance. The attention on the discrepancy of book and tax accruals in limited tolerance area, so the regulator should have the same platform, referring to the attractiveness of the dividend policy, like no dividend policy.
Keywords: Tax Accruals Quality, High Yielded Dividend, Future Market Value.