Corporate Governance、 Corporate Tax Avoidance and the Level of Firm Cash Holdings
| Autor: | Po-Shun Wang, 王柏舜 |
|---|---|
| Rok vydání: | 2016 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 104 This paper explore the relationship between the company's cash holdings and tax avoidance. And after the addition of corporate governance variables, observe corporate governance variables will affect the relationship between cash holdings and tax avoidance .We found that without the addition of corporate governance. Cash and tax avoidance is in a positive relationship, which means company's tax avoidance will increase the corporate cash holdings. Cash is required a high degree of corporate governance and internal control mechanisms, or likely to be affected agency problem. Management possible diverted the company's cash to other uses through earnings management. Therefore, in our further research .We will divide the company into different groups in accordance with the strong and weak corporate governance. It was found that in the case of strong corporate governance, tax avoidance and cash holdings are showing a positive relationship. It means that corporate in strong governance business, cash holdings by the company will enhance the tax avoidance. But in the case of weak corporate governance, tax avoidance and cash holdings are presented inverse relationship. Proved weaker corporate governance of the company, the cash increase in tax avoidance, management might move to other purposes through earnings management, tunneling, etc. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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