How corporate governance'structures influence tax planning strategies?
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://nidisag.isag.pt/index.php/IJAM/article/view/353 |
Resumo: | Structured abstractPurposeThe main purpose of this paper is to discuss the role corporate governance characteristics has in tax planning decisions by revisiting the main empirical literature in the last years. Design/methodology/approachFirstly, we discuss concept of corporate governance and its attributes. After, we analyse the concept of tax planning. Finally, we present some of the main conclusions of recent empirical studies. As the separation of management and ownership was identified as the basic corporate governance conflict, tax rules should be a way that assure that management behavior is not in conflict with the other stakeholders. FindingsRecent literature suggests that the link between corporate governance and tax planning can generate new insights into the real relation of tax planning and the attributes of corporate governance. In some studies taxes have been treated only as market imperfections that influence capital structure and dividend policies, while other authors have incorporated the possibility of agency problems in their analyses. In our analysis we conclude that corporations with smaller boards of decision-makers seem to be more risky averse and so less willing to carry out tax planning strategies. Also we highlight that tax planning activities can induce to a reduction on the market value of firms. Originality/valueThis paper added value relies on a systematic analysis of the literature about corporate governance structures and tax planning activities. Keywords: Tax planning; corporate governance; management; ownership.Article Classification: Literature review |
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How corporate governance'structures influence tax planning strategies?Structured abstractPurposeThe main purpose of this paper is to discuss the role corporate governance characteristics has in tax planning decisions by revisiting the main empirical literature in the last years. Design/methodology/approachFirstly, we discuss concept of corporate governance and its attributes. After, we analyse the concept of tax planning. Finally, we present some of the main conclusions of recent empirical studies. As the separation of management and ownership was identified as the basic corporate governance conflict, tax rules should be a way that assure that management behavior is not in conflict with the other stakeholders. FindingsRecent literature suggests that the link between corporate governance and tax planning can generate new insights into the real relation of tax planning and the attributes of corporate governance. In some studies taxes have been treated only as market imperfections that influence capital structure and dividend policies, while other authors have incorporated the possibility of agency problems in their analyses. In our analysis we conclude that corporations with smaller boards of decision-makers seem to be more risky averse and so less willing to carry out tax planning strategies. Also we highlight that tax planning activities can induce to a reduction on the market value of firms. Originality/valueThis paper added value relies on a systematic analysis of the literature about corporate governance structures and tax planning activities. Keywords: Tax planning; corporate governance; management; ownership.Article Classification: Literature reviewISAG – Instituto Superior de Administração e Gestão2018-11-27info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://nidisag.isag.pt/index.php/IJAM/article/view/353European Journal of Applied Business and Management; 2018: Special Issue - ICABM20182183-5594reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://nidisag.isag.pt/index.php/IJAM/article/view/353https://nidisag.isag.pt/index.php/IJAM/article/view/353/pdf_78Sá, CristinaAlves, Helenainfo:eu-repo/semantics/openAccess2024-02-20T14:10:55Zoai:ojs.isag.meupt.com:article/353Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T02:39:04.836308Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
How corporate governance'structures influence tax planning strategies? |
title |
How corporate governance'structures influence tax planning strategies? |
spellingShingle |
How corporate governance'structures influence tax planning strategies? Sá, Cristina |
title_short |
How corporate governance'structures influence tax planning strategies? |
title_full |
How corporate governance'structures influence tax planning strategies? |
title_fullStr |
How corporate governance'structures influence tax planning strategies? |
title_full_unstemmed |
How corporate governance'structures influence tax planning strategies? |
title_sort |
How corporate governance'structures influence tax planning strategies? |
author |
Sá, Cristina |
author_facet |
Sá, Cristina Alves, Helena |
author_role |
author |
author2 |
Alves, Helena |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Sá, Cristina Alves, Helena |
description |
Structured abstractPurposeThe main purpose of this paper is to discuss the role corporate governance characteristics has in tax planning decisions by revisiting the main empirical literature in the last years. Design/methodology/approachFirstly, we discuss concept of corporate governance and its attributes. After, we analyse the concept of tax planning. Finally, we present some of the main conclusions of recent empirical studies. As the separation of management and ownership was identified as the basic corporate governance conflict, tax rules should be a way that assure that management behavior is not in conflict with the other stakeholders. FindingsRecent literature suggests that the link between corporate governance and tax planning can generate new insights into the real relation of tax planning and the attributes of corporate governance. In some studies taxes have been treated only as market imperfections that influence capital structure and dividend policies, while other authors have incorporated the possibility of agency problems in their analyses. In our analysis we conclude that corporations with smaller boards of decision-makers seem to be more risky averse and so less willing to carry out tax planning strategies. Also we highlight that tax planning activities can induce to a reduction on the market value of firms. Originality/valueThis paper added value relies on a systematic analysis of the literature about corporate governance structures and tax planning activities. Keywords: Tax planning; corporate governance; management; ownership.Article Classification: Literature review |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-11-27 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://nidisag.isag.pt/index.php/IJAM/article/view/353 |
url |
https://nidisag.isag.pt/index.php/IJAM/article/view/353 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://nidisag.isag.pt/index.php/IJAM/article/view/353 https://nidisag.isag.pt/index.php/IJAM/article/view/353/pdf_78 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISAG – Instituto Superior de Administração e Gestão |
publisher.none.fl_str_mv |
ISAG – Instituto Superior de Administração e Gestão |
dc.source.none.fl_str_mv |
European Journal of Applied Business and Management; 2018: Special Issue - ICABM2018 2183-5594 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799137440752992256 |