The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis
MetadataShow full item record
This paper examines the impact of board of director oversight characteristics on corporate tax aggressiveness. Based on a 812 firm year dataset of 203 publicly-listed Australian firms over the 2006–2009 period, our regression results show that if a firm has established an effective risk management system and internal controls, engages a big-4 auditor, its external auditor’s services involve proportionally fewer non-audit services than audit services and the more independent is its internal audit committee, it is less likely to be tax aggressive. Our additional regression results also indicate that the interaction effect between board of director composition (i.e., a higher ratio of independent directors on the board) and the establishment of an effective risk management system and internal controls jointly reduce tax aggressiveness.
This is the author’s version of a work that was accepted for publication in the Journal of Accounting and Public Policy. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in the Journal of Accounting and Public Policy, Volume 32, Issue 3, May–June 2013, Pages 68–88. Special Issue on Accounting and Corporate Governance http://doi.org/ 10.1016/j.jaccpubpol.2013.02.004
Showing items related by title, author, creator and subject.
McCabe, Margaret; Nowak, Margaret (2006)This paper examines the views of directors of public listed Australian companies regarding the role of the independent director and the significance of that role in relationship to the composition of the Board of Company ...
Prabowo, Muhammad Agung (2010)The study investigates the effect of the compositions of board of directors on firm performance in Indonesia. This country offers a specific institutional environment, which provides a natural setting to further examine ...
Abdul Wahab, Effiezal Aswadi; Madah Marzuki, M.; Jaafar, S.; Masron, T. (2018)This paper aims to examine the relationship between board diversity and total directors ’ remuneration in Malaysia. The authors have operationalised two variables to represent board diversity: the proportion of women ...