The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis
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 s...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Elsevier
2013
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| Online Access: | http://hdl.handle.net/20.500.11937/18179 |
| _version_ | 1848749670837256192 |
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| author | Richardson, G. Taylor, Grantley Lanis, R. |
| author_facet | Richardson, G. Taylor, Grantley Lanis, R. |
| author_sort | Richardson, G. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T07:24:38Z |
| format | Journal Article |
| id | curtin-20.500.11937-18179 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:24:38Z |
| publishDate | 2013 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-181792019-02-19T05:35:12Z The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis Richardson, G. Taylor, Grantley Lanis, R. 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. 2013 Journal Article http://hdl.handle.net/20.500.11937/18179 10.1016/j.jaccpubpol.2013.02.004 Elsevier fulltext |
| spellingShingle | Richardson, G. Taylor, Grantley Lanis, R. The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis |
| title | The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis |
| title_full | The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis |
| title_fullStr | The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis |
| title_full_unstemmed | The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis |
| title_short | The impact of board director oversight characteristics on corporate tax agressiveness: An empirical analysis |
| title_sort | impact of board director oversight characteristics on corporate tax agressiveness: an empirical analysis |
| url | http://hdl.handle.net/20.500.11937/18179 |