MALAYSIAN CODE OF CORPORATE GOVERNANCE AND TAX COMPLIANCE: EVIDENCE FROM MALAYSIA

Autor:	Siti Marlia Shamsudin, Mohd Taufik Mohd Suffian, Zuraidah Mohd Sanusi, Ancella Anitawati Hermawan
Rok vydání:	2017
Předmět:	Economics and Econometrics Government business.industry Strategy and Management Corporate governance Accounting Commission Code (semiotics) Compliance (psychology) Tax revenue Income tax Revenue Business Finance
Zdroj:	Management and Accounting Review (MAR). 16:157
ISSN:	2550-1895 2600-7975
DOI:	10.24191/mar.v16i2.665
Popis:	In many countries, most of the government relies heavily on tax revenue to finance the government expenditures. In Malaysia, 78.8% of the source of revenue is from tax revenue and mainly contributed by the corporate income tax. The past literature has documented that good corporate governance could increase the firm's performances as well as tax compliance. Malaysia has published its own code of corporate governance in March 2000 and was revised in 2007, 2011 and 2012. Recently, in April 2016, the Security Commission released the recommended MCCG 2016. Thus, judging from the importance of maintaining tax collection, this paper aims to examine the importance of corporate governance in ensuring tax compliance among public listed companies in Malaysia. This study finds that corporate governance does influence tax compliance and multiple directorships is the most significant in influencing tax compliance.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::4fd09ed8f4db69de359e7b1416763396 https://doi.org/10.24191/mar.v16i2.665 Zobrazit plný text záznamu