董事会性别多样性在基于权力的公司治理和税收积极性之间的调节作用

IF 0.9 Q3 ECONOMICS

Economics and Business Letters Pub Date : 2021-05-31 DOI:10.17811/EBL.10.2.2021.104-147

Farzan Yahya, A. Manan, Muhammad Wasim Jan Khan, M. S. Hashmi

{"title":"董事会性别多样性在基于权力的公司治理和税收积极性之间的调节作用","authors":"Farzan Yahya, A. Manan, Muhammad Wasim Jan Khan, M. S. Hashmi","doi":"10.17811/EBL.10.2.2021.104-147","DOIUrl":null,"url":null,"abstract":"The purpose of this study is to explore the moderating effect of board gender diversity on the relationship between power-based corporate governance (CEO power and concentrated ownership) and tax aggressiveness. The sample of this study is based on 2,071 firm-year observations over the period 2010 to 2018. We employed two-step GMM estimations to account for endogeneity and other statistical biases. The results show that CEO power increases the likelihood of tax aggressiveness while the link between the large controlling shareholders and tax-avoidance activities is not statistically significant. Lastly, the findings suggest that powerful CEOs manipulate female directors to promote tax aggressiveness behavior.","PeriodicalId":43184,"journal":{"name":"Economics and Business Letters","volume":"10 1","pages":"104-147"},"PeriodicalIF":0.9000,"publicationDate":"2021-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"8","resultStr":"{\"title\":\"The moderating role of board gender diversity between power-based corporate governance and tax aggressiveness\",\"authors\":\"Farzan Yahya, A. Manan, Muhammad Wasim Jan Khan, M. S. Hashmi\",\"doi\":\"10.17811/EBL.10.2.2021.104-147\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The purpose of this study is to explore the moderating effect of board gender diversity on the relationship between power-based corporate governance (CEO power and concentrated ownership) and tax aggressiveness. The sample of this study is based on 2,071 firm-year observations over the period 2010 to 2018. We employed two-step GMM estimations to account for endogeneity and other statistical biases. The results show that CEO power increases the likelihood of tax aggressiveness while the link between the large controlling shareholders and tax-avoidance activities is not statistically significant. Lastly, the findings suggest that powerful CEOs manipulate female directors to promote tax aggressiveness behavior.\",\"PeriodicalId\":43184,\"journal\":{\"name\":\"Economics and Business Letters\",\"volume\":\"10 1\",\"pages\":\"104-147\"},\"PeriodicalIF\":0.9000,\"publicationDate\":\"2021-05-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"8\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economics and Business Letters\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.17811/EBL.10.2.2021.104-147\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics and Business Letters","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.17811/EBL.10.2.2021.104-147","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 8

摘要

本研究的目的是探讨董事会性别多样性对权力型公司治理(CEO权力和集中所有权)与税收侵略性之间关系的调节作用。本研究的样本是基于2010年至2018年期间的2071个公司年度观察结果。我们采用两步GMM估计来解释内生性和其他统计偏差。结果表明，CEO权力增加了税收攻击性的可能性，而大控股股东与避税行为之间的联系不具有统计学意义。最后，研究结果表明，有权势的ceo操纵女性董事，以促进税收侵略性行为。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The moderating role of board gender diversity between power-based corporate governance and tax aggressiveness

The purpose of this study is to explore the moderating effect of board gender diversity on the relationship between power-based corporate governance (CEO power and concentrated ownership) and tax aggressiveness. The sample of this study is based on 2,071 firm-year observations over the period 2010 to 2018. We employed two-step GMM estimations to account for endogeneity and other statistical biases. The results show that CEO power increases the likelihood of tax aggressiveness while the link between the large controlling shareholders and tax-avoidance activities is not statistically significant. Lastly, the findings suggest that powerful CEOs manipulate female directors to promote tax aggressiveness behavior.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Economics and Business Letters ECONOMICS-

CiteScore

1.80

自引率

11.10%

发文量

期刊介绍： Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.