[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
About the Journal
Aims& Scopes
Editorial Board ::
Articles archive::
All Issues
Current Issue
Publication Ethics::
For Authors::
Guide for Authors
Submission Form
Peer Review Process::
Reviewers Section
Registration::
Registration Form
Site Facilities::
Site map
Search contents
FAQ
Top 10 contents
Inform to friends
Contact us::
Contact Information
Contact us
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: Volume 4, Issue 7 (9-2019) ::
aapc 2019, 4(7): 309-341 Back to browse issues page
The Ranking of Effective Factors on Corporate Tax Avoidance
Siamak Tayefeh1 , Mohsen Dastgir 2, Farzin Rezaee3 , Saeid Ali ahmadi4
1- PHD student of Islamic azad university,Isfahan (khurasgan) branch ( s.tayefeh@yahoo.com)
2- full professor of Islamic azad university,Isfahan (khurasgan) branch (Corresponding Author), , mdastgir@hotmail.com
3- Associate professor of Islamic azad university,Qazvin branch(farzinrezaei@yahoo.com)
4- Assistant professor of Islamic azad university,Isfahan (khurasgan) branch.(s.aliahmadi@khuisf.ac.ir)
Abstract:   (3790 Views)
The Hierarchy of Effective Factors on Corporate Tax Avoidance Because of the information asymmetry within taxpayers and governments, commonly, the taxpayers try avoid the payment of tax. The problem can be explained by Agency theory. On the other hand, governmants try to maximize receiving tax by recognizing risky taxpayers and researchers try to recognize effective factors on tax avoidance. The aim of the research is the hierarchy of effective factors on corporate tax avoidance on Tehran stock exchange. In this research, first, 37 quantity factors are recognized that affect on corporate tax avoidance in 8 dimensions by interview with academic and professional experts that can be measure by corporate reports.
   Then the factors and dependent variable are measured and are tested the efficacy of the dimensions by structural equation model (SEM). Finally, based on confirmed dimensions, hierarcy is done by contributed analytic hierarchy process quastionaries with same experts. Statistic population in this research involves 77 companies listed in Tehran Stock Exchange during the period 2013-2017 that are selected by systematic delete. The interview with experts done at 2017 and questionaries contributed at 2018. Results show that the hierarchy of effective factors on corporate tax avoidance is: trading factors, corporate governance factors, auditor factors, financial reporting factors, industrial factors, public attributes, capital market factors and social factors.
Keywords: Tax Avoidance, Risky Taxpayers, Companies Public Information, Companies Private Information.
Full-Text [PDF 330 kb]   (1351 Downloads)    
Type of Study: Research | Subject: Special
Received: 2019/01/28 | Accepted: 2019/03/16 | Published: 2019/09/15
References
1. Allingham, M. G. and A. Sandmo., .1972. Income tax evasion: A theoretical analysis. Journal of Public Economics. 1: 323-338.
2. Chan, H, K., Mo, P, L, L , Zho, A, Y. 2013. Government ownership, corporate governance and tax aggressiveness. Accounting and finance, v 533, issue 4: 112-140.
3. Desai, M., Dyck, I., Zingales, L., 2007. Theft and taxes. Journal of Financial Economics. 84: 591–623.
4. Deslandes, M., Landry, S., 2007. Taxable Income, Tax-Book Differences and Earnings Quality. Université du Québec à Montréal . 44: 510–540.
5. Ben-Hsien, B., and Da- Hsien, B. 2004. Income Smoothing, Earnings Quality and Firm Valuation. Journal of Business Finance& Accounting. 99: 112-146.
6. Campbell, K. and Helleloid, D. 2016. Social responsibility and tax avoidance. Journal of Accounting Education. Doi:10.1016/j .jaccedu.2016.09.001.
7. Cook, K. A., and Moser, W, J and Omer, C, T. 2017. Social responsibility and tax avoidance and ex-ante cost of capital. Journal of business finance accounting. Doi:10.10.1111/jbfa.12258.
8. Dechow, P.M. and D.J. Skinner. 2000. Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and Regulators. Accounting Horizons. 110:235 50.
9. Desai, M.A., Dharmapala, D.2009. Corporate Tax Avoidance and Firm Value. Review of Economics and Statistics, 91(3): 537–546.
10. Demerjian, P., B. Lev, M. Lewis, and S. MacVay.2013. Managerial ability and Earnings quality. The Accounting Review, 88(2): 463-498
11. Dhaliwal, D, S., Huang, S, X., Moner, W., Pereira, R. 2011. Corporate Tax Avoidance and the Level and Valuation of Firm Cash Holdings. Contemporary Accounting Research,21: 431–459.
12. Dhaliwal, D., Judd, J. S., Serfling, M. A., Shaikh, S.A.2016. Customer Concentration Risk and the Cost of Equity Capital. Journal of Accounting and Economics, 61(1): 23-48.
13. Donohoe, P , M., Knechel , W, R.2013.Does corporate tax aggressiveness influence audit pricing?. Contemporary Accounting Research. 22: 440-461.
14. Ferguson, A., J. Francis, and D. Stokes.2003. The effects of firm-wide and office-level industry expertise on audit pricing. The Accounting Review,78 (2): 429–448.
15. Francisa, J., LaFondb, R., Olssona, P., Schipperc, K.2005. The market pricing of accruals quality, Journal of Accounting and Economics. NC 27708-0120.
16. Givoly, D and Hayn, C.2000.The changing time-series properties of earnings, cash flows and accruals: has financial accounting become more conservative?, Journal of Accounting and Economics, 29 (1): 287–320.
17. Gul, F. 2010. Earnings quality: Some evidence on the role of auditor tenure and auditors’ industry expertise. Journal of Accounting and Economics, 47(3): 265–287.
18. Hanlon, M., and S. Heitzman. 2010. A review of tax research. Journal of Accounting and Economics, 50 (2- 3): 127–178.
19. Huang, H. H., Lobo, G. J., Wang, C., & Xie, H. (2016). Customer concentration and corporate tax avoidance. Journal of Banking & Finance, 72, 184-200.
20. Jensen, M.,Meckling, W. 1976. Theory of the firm: managerial behavior ,agency costs and ownership structure, Journal of Financial Economics, 3: 305–360.
21. Kim, K. A., & Limpaphayom, P. 1998. Taxes and firm size in Pacifi-Basin emerging economies. Journal of International Accounting, Auditing & Taxation, 7(1): 47-8.
22. Khwaja, Munawer Sultan. Rajul Awasthi, and Jan Loeprick .2011. Risk-Based Tax Audits: Approaches and Country Experiences, The International Bank for Reconstruction and Development, The World Bank,1818 H Street NW, Washington DC 20433.
23. Kwun, p. arzimanoglou. A , Berg. A .2010. Definition of drug resistant epilepsy, wiley online library, volume 51 , issue 6: 133-160.
24. Liberman, M., ASABA, A.2006. HY DO FIRMS IMITATE EACH OTHER?, Academy of Management Review, Vol. 31, No. 2, 366–385.
25. Linch, D., Kubick, T. R., Mayberry, M.A., & Omer, T. C. 2013. Product Market Power and Tax Avoidance: Market Leaders, Mimicking Strategies, and Stock Returns, www.ssrn.com
26. Lin, Z. J.; and M. Liu .2009. The Impact of Corporate Governance on Auditor Choice: Evidence from China. Journal of International Accounting, Auditing and Taxation, 89: 44-59.
27. Minnick, K., &Noga, T.2010. Do corporate governance characteristic influencing tax management?. Journal of Corporate Finance, 16: 703 – 718.
28. Muth, M. M., and Donaldson, L. 1998. Steward theory and board structure: A contingency approach. Corporate Governance. 6: 5-28.
29. Opler, T., Pinkowitz, L., Stulz, R. & Williamson, R. (1999). «The Determinants and Implications of Corporate Cash Holdings", Journal of Financial Economics, Vol. 52, 3–46.
30. Park, S. 2018. Related Party Transactions and Tax Avoidance of
31. Business Groups. Sustainability Journal. doi:10.3390/su10103571.
32. Palmrose, Z. V. 1988. An analysis of auditor litigation and audit service quality. Accounting Review, 63: 55–73.
33. Pei-Hui, M, Moore, J,A. Neubaum, D, O .2014. TAX AVOIDANCE, FINANCIAL EXPERTS ON THE BOARD, AND BUSINESS STRATEGY, Journal of Accounting and Economics, 6: 5-28.
34. Peress, J. 2010. Product market competition, insider trading and stock market efficiency. Journal of Finance, 65: 1-43.
35. Piercy, N., Lane, N. 2006. The Underlying Vulnerabilities in Key Account Management Strategies. European Management Journal, 24(2-3): 151-162.
36. Rezaee, F., Sherafati, F. 2015. Impact of tax avoidance co-determinant on relationship between future and current profitability. Iranian jornal of business and economics. V2. I3: 43-70.
37. Rezaee, F., zare, m. 2014. Effect of product market power, concentration of industrial groups and policies of leading company. Advances in environmental biology. 99: 382-393.
38. Ross, M., Roman, L., Peter, W., Brett, G. 2017. The impact of dividend imputation on corporate tax avoidance: the case of shareholder value. Journal of corporate finance, volume 48: 492-514.
39. Tien, S., Zhihong, W., Sebahattin, D. 2018. Overconfidence and tax avoidance: te role of CEO and CFO interaction. Journal of accounting and public policy, volume 37, issue 3: 241-253.
40. Venkatesh, P. C., and R. Chiang.1986. Information Asymmetry and the Dealers Bid-Ask Spread: A Case Study of Earnings and Dividend Announcements. The Journal of Finance, Vol. 41, No. 5: 1089- 1102.
41. Watson, L. 2015. Corporate Social Responsibility, Tax Avoidance and Earnings Performance, The journal of the American Taxation Association, Vol 37, issue 2: 1-21.
42. Watts, R. 2003. Conservatism in Accounting Part II: Evidence and Research Opportunities, Financial Research and Policy, No4: 03-25.
43. Sidney, C, M, Leng. Grant R, Grantly, T. 2019. The effect of the general anti-avoidance rule on corporate tax avoidance in china. Journal of contemporary accounting and economic. 15: 105-117.
44. Yukun Sun .2014. Corporate Tax Avoidance and Government Corruption: Evidence from Chinese Firms. 12: 120-150.
45. Zimmerman, J. 1983. Taxes and firm size. Journal of Accounting and Economics. 5: 119 – 149.
Add your comments about this article
Your username or Email:

CAPTCHA

XML   Persian Abstract   Print

Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
tayefeh S, dastgir M, rezaee F, ali ahmadi S. The Ranking of Effective Factors on Corporate Tax Avoidance. aapc 2019; 4 (7) :309-341
URL: http://aapc.khu.ac.ir/article-1-585-en.html
Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 4, Issue 7 (9-2019) Back to browse issues page
دوفصلنامه علمی حسابداری ارزشی و رفتاری journal of Value & Behavioral Accounting
Persian site map - English site map - Created in 0.09 seconds with 37 queries by YEKTAWEB 4645