Is there a relation between labor investment inefficiency and corporate tax avoidance?

被引：16

作者：

Taylor, Grantley ^{[1
]}

Al-Hadi, Ahmed ^{[1
,2
]}

Richardson, Grant ^{[3
]}

Alfarhan, Usamah ^{[4
]}

Al-Yahyaee, Khamis ^{[4
]}

机构：

[1] Curtin Univ, Curtin Business Sch, Sch Accounting, GPO Box U1987, Perth, WA 6845, Australia

[2] Coll Appl Sci Nizwa, Nizwa, Oman

[3] Macquarie Univ, Fac Business & Econ, Dept Accounting & Corp Governance, Eastern Rd, N Ryde, NSW 2109, Australia

[4] Sultan Qaboos Univ, Dept Econ & Finance, Coll Econ & Polit Sci, POB 20, Muscat 123, Oman

来源：

ECONOMIC MODELLING | 2019年 / 82卷

关键词：

Firm behavior; Labor investment inefficiency; Corporate tax avoidance; SOCIAL-RESPONSIBILITY; FINANCIAL CONSTRAINTS; MANAGERIAL ABILITY; AGENCY COSTS; INFORMATION; FIRMS; DISCLOSURE; QUALITY; EVASION; US;

D O I：

10.1016/j.econmod.2019.01.006

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the relation between labor investment inefficiency and corporate tax avoidance. Employing a large sample of 61,542 U.S. firm-year observations over the 1962-2014 period, our regression results show that labor investment inefficiency is significantly positively related to tax avoidance. More specifically, we find that a one standard deviation of labor investment inefficiency leads to a 0.71% reduction in the accounting effective tax rate. Our findings are robust to endogeneity concerns, alternative proxy measures of tax avoidance and labor investment efficiency, and additional control variables pertaining to accounting quality and managerial ability. Taken together, our regression results show that labor investment inefficiency is an important determinant of corporate tax avoidance.

引用

页码：185 / 201

页数：17

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