The Role of Corporate Governance on Tax Justice (Horizontal Equity and Vertical Equity)
Authors
Abstract:
The purpose of this study is to examine the role of corporate governance in the concept of tax justice. The current research contributes to the field of applied research and is regarded as a descriptive survey research, testing four main hypotheses and eight special hypotheses. The required data for this research were obtained through a questionnaire distributed among financial managers of 133 companies listed in Tehran Stock Exchange. The results of the study were obtained using structural equation modeling and SmartPls software. It was determined that all corporate governance variables have a positive and significant relationship with tax justice; however, no significant relationship was found between tax justice and shareholders' equity measure. It is suggested that companies implement corporate governance principles firmly. In addition, companies can help the government create tax justice by respecting the rights of all stakeholders through corporate governance.
similar resources
Australia’s Equity Home Bias and Corporate Governance
This paper constructs the float adjusted measure of home bias and explores the determinants of Australia’s equity home bias by employing International Monetary Fund’s high quality dataset (2001 to 2005) on cross border equity investment. The paper finds that information asymmetries arising due to countries regulatory and legal environment have significant impact on Australia’s equity home bias....
full textCorporate Equity Ownership and the Governance of Product Market Relationships*
We assemble a sample of over 10,000 customer-supplier relationships and determine whether the customer owns equity in the supplier. We find that factors related to both contractual incompleteness and financial market frictions are important in the decision of a customer firm to take an equity stake in a supplier. Evidence on the size of equity stakes suggests that there may be limits to equity ...
full textTax avoidance and Firms Cost of Equity: The Moderating Role of outside Monitoring
Literature in tax avoidance indicates that the proceeds of tax avoidance can be invested on production affairs, which in turn enhance the future expected cash flow, thereby reducing the cost of equity. Based on this reasoning, the present study aims to examine whether tax avoidance is associated with the cost of equity with emphasis on the moderating effect of outside monitoring. To calculate t...
full textCorporate governance, regulation and foreign equity ownership: Lessons from Korea
a r t i c l e i n f o Keywords: Corporate governance in emerging markets Foreign equity ownership Regulatory reform South Korea We investigate whether the introduction of a mandated independent director system affected firm ownership structure in South Korea, where the governance system changed significantly after the 1997 financial crisis. Results indicate that foreign investors place consider...
full textEquity Tax and Shelter
Taxes have major costs beyond the collected revenue: deadweight from distorted incentives, compliance and enforcement costs, etc. A simple market mechanism, the Equity Tax, avoids these problems for the trickiest cases: corporate, dividend, and capital gains taxes. It exploits the ability of the share prices to reflect the expected true annual return (as perceived by investors, not as defined b...
full textThe Role of Private Equity and Activist Hedge Funds in Corporate Governance – Related Policy Issues
Following its earlier consideration of hedge funds and private equity, the Steering Group on Corporate Governance considered policy issues from the perspective of the Principles of Corporate Governance and agreed to release its findings.
full textMy Resources
Journal title
volume 3 issue 11
pages 95- 108
publication date 2018-10-01
By following a journal you will be notified via email when a new issue of this journal is published.
Hosted on Doprax cloud platform doprax.com
copyright © 2015-2023