"Tax Avoidance and Firm Value: Evidence from China." NankaiTax avoidance and firm value: evidence from China[J] . Xudong Chen,Na Hu,Xue Wang,Xiaofei Tang.Nankai Business Review International . 2014 (1)Chen X, Hu N, Wang X, et al. Tax avoidance and firm value:evidence from China[J]....
Tax avoidancevaluationcorporate governanceWe analyze the valuation-tax avoidance relation and find there is, in fact, a market value discount for tax avoidance. We identify several channels for the adverse valuation effects of tax avoidance. Tax-avoiding firms that (i) lack foreign income, (ii) ...
Corporate tax avoidance and firm value: Evidence from Taiwan Corporate tax avoidance practice has gathered a certain attention from researchers in recent years with the advent of corporate social responsibility and t... M Nebie,MC Cheng,LT Wright,... 被引量: 0发表: 2023年 The Role of Ownersh...
correlated with firm value,that is,the firm value is significantly improved with the increase of corporate tax avoidance,indicating the necessity of tax avoidance activities.Further analysis found that equity concentration will ease the positive relationship between tax avoidance activities and firm value....
Tax avoidance, corporate transparency, and firm value 热度: Giving full play to the function of tax revenue, serving reform and developing stability(发挥税收职能作用 服务改革发展稳定) 热度: Housing CorporateTax: transparency andre orm Labour’s ...
Corporate tax avoidance is an act aiming at reducing tax amount liable to the government, which is expected to raise firm value. However, agency theory postulates that opportunistic managers can lower tax liabilities through the arrangement of complex transactions, enabling them to shirk or pursue ...
AN ANALYSIS OF THE AGENCY PERSPECTIVE ON TAX AVOIDANCE AND FIRM VALUE UNDER DIFFERENT CORPORATE GOVERNANCE STRUCTURES: THE CASE OF FIRMS IN THE PHILIPPINE ... show that corporate tax avoidance may, at best, have no effect, and at worst, actually increase stock price crash risk and erode firm...
Hence, tax avoidance can reduce the firm’s default risk and can be a valuable source of financial slack. In fact, according to previous evidence, tax aggressive firms exhibit lower leverage (Graham and Tucker, 2006, Lin et al., 2014). Therefore, if lenders value these expected credit-risk...
The negative effect of VAT avoidance on firm value supports extant arguments in the literature that the opaqueness caused by tax avoidance increase the agency cost between shareholders and managers. 展开 DOI: 10.1080/01559982.2021.1949180 年份: 2021 ...
(2009), 'Corporate Tax Avoidance and Firm Value', The Review of Economics and Statistics, 91 (3): 537–46. Desai, M., Foley, F. and Hines Jr, J. (2006a), 'The Demand for Tax Haven Operations', Journal of Public Economics, 90 (3): 513–31. Desai, M., Foley, F. and Hines...