Corporate Governance and Tax Compliance

References

[1] Ali, M (2018). Impact of Corporate Governance on Firm’s Financial Performance (A Comparative Study of Developed and Non Developed Markets). Journal of Business Management and Economics Research, 2(1), 15 – 13. Doi: 10.29226/TR1001.2018.7

[2] Araki, S (2018). Tax and Corporate Governance: What Tax Authorities Expect of Companies

[3] Aslam, A & Coelho, M (2021). The Benefits of Setting a Lower Limit on Corporate Taxation.

[4] Avi-Yonah, R. S. (2006). The report of the president's advisory panel on federal tax reform: A critical assessment and a proposal." SMU L. Review. 59 (2): 551-87.

[5] Borlea, S. N., & Achim, M (2013). THEORIES OF CORPORATE GOVERNANCE. Studia Universitatis "Vasile Goldis" Arad. Seria stiinte economice; Arad, 23(1), 117-128. https://www.proquest.com/docview/1664922954

[6] Brennan, N. M (2000). Turnbull puts Risk Management to the Top of Corporate Agendas. University College Dublin. https://www.researchgate.net/publication/264382698

[7] COMMITTEE ON CORPORATE GOVERNANCE (1998). Final Report. Gee Publishing Ltd.

[8] Desai, A. D., Dyck, A., & Zingdales, L (2003). Corporate Governance and Taxation. Seminar presented at Harvard Law School.

[9] Dung, T. I (2011). Corporate Governance – empirical research on board size, board composition, board activity, ownership concentration and their effects on performance of Vietnamese listed companies. Master Thesis in Business Administration. School of Business and Informatics, University of Boras.

[10] Erickson, M., Hanlon, M., & Maydew, E. L (2003). “How Much Will Firms Pay for Earnings That Do Not Exist? Evidence of Taxes Paid on Allegedly Fraudulent Earnings,” University of North Carolina at Chapel Hill Working Paper.

[11] Fakile, A. Samuel & Uwuigbe, O. R (2013). Effects of Strategic Tax Behaviors on Corporate Governance. International Journal of Finance and Accounting, 2(6), 326-330. DOI: 10.5923/j.ijfa.20130206.05

[12] Feldstein, M. S. (1995). “The Effects of Marginal Tax Rates on Individual Taxable Income: A Panel Study of the Tax Reform Act of 1986,” Journal of Political Economy, 103, 551-572.

[13] Friese, A., Link, S., & Mayer, S. (2008). Taxation and Corporate Governance –The State of the Art. In W

[14] Hines, J, R (2015). International Encyclopedia of the Social & Behavioural Sciences (Second Edition)

[15] Ilonga, J (2014). A review on Cadbury Report. Conference Paper. https://www.researchgate.net/publication/273060193

[16] Mais, R. G & Patminingih, D (2017). Effect of Good Corporate Governance on Tax Avoidance of the Company in listed of the Indonesia Stock Exchange (BEI). Jurnal STEI Ekonomi, 26(2), 230 – 243.

[17] O'Connell, M (2020). Greenbury Report (UK). Anne Marie Ward University of Ulster

[18] Okaforokoro, E. (2018). The influence of Corporate Governance on Organizational Performance in the food and beverages industry in Nigeria (A study of some selected companies). PhD Thesis submitted to Department of Business Administration, Sanusi Lamido College of Business and Management Studies, Igbinedion University, Okada, Edo State, Nigeria.

[19] Salaudeen, Y. M & Abdulwahab, S. S (2022). Corporate Governance Mechanism and Tax Compliance: The Nigerian Experience. European Journal of Business and Management Research, 7(1). www.ejbmr.org

[20] Shleifer, A. & Vishny, R., W. (1997), “A Survey of Corporate Governance”. The Journal of Finance, 52(2), 737-783.

[21] Tandean, V. A & Winnie (2016). The Effect of Good Corporate Governance on Tax Avoidance: An Empirical Study on Manufacturing Companies Listed in IDX period 2010-2013. Asian Journal of Accounting Research 1(1), 28 – 38.

[22] THEORETICAL PERSPECTIVES: Corporate Governance Theories https://www.brainkart.com/article/Corporate-Governance-Theories_7427/

[23] Todorovic P (2013). Impact of corporate governance on performance of companies. Montenegrin Journal of Economics, 9(2), 47-53.

[24] Tukur, G & Bilkisu, A. B (2014). Corporate board diversity and financial performance of insurance companies in Nigeria: An application of panel data approach. Asian and Economic Review, 4(2), 257-277.

[25] DOI: https://www.government.nl/topics/taxation-and-businesses/corporation-tax

[26] DOI: https://www.imf.org/en/Blogs/Articles/2021/06/09/the-benefits-of-setting-a-lower-limit-on-corporate-taxation

@article{1704542,
      author = {Bello, Muhammed Akinkunmi},
      title = {Corporate Governance and Tax Compliance},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {6},
      number = {11},
      pages = {864-873},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704542.pdf},
      abstract = {The study examines the effect of corporate governance and tax compliance in corporate sector. The interfaces of corporate governance with tax compliance are mutual and strongly exclusive. Therefore, the objective of this study is to analyze the link between corporate governance and tax compliance, studying how corporate governance rules can reach a higher level of corporate compliance with the tax system. As partly explained, the structural arrangement of corporate governance rules affects the manner corporate tax obligations are fulfilled; whereas the other part, explains the way tax designs is designed by the government and how the related tax strategies adopted by the corporation as planned influences corporate governance dynamics. This work demonstrates that the characteristics of a taxation system underline the magnitude of benefits accruable to managers adopting an opaque transaction style in a business environment with weak corporate governance without the knowledge of the investors. As well as how robust corporate governance practices prevent frolics from the controlling manager. A higher tax rate increases the amount of income a manager would divert, while stronger tax enforcement reduces it and, in so doing, can raise the stock market value of a company in spite of the increase in the tax burden. The study recommended that stakeholders should be conscious of the tax strategy that encourage tax avoidance in their assessment of the risks of investment and that government should endeavor to make the tax regulations less cumbersome to reduce tax loopholes with emphasis on strong corporate governance in order to have a reliable report that illustrates the actual investment.},
      keywords = {Corporate Governance, Tax Compliance, Tax Avoidance, Stakeholders},
      month = {May},
  }