Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.

This study extends prior research investigating the relation between firms’ use of tax haven jurisdictions and performance-based remuneration incentives of CEOs. Additionally, we assess the moderating role of corporate governance attributes on the relation between firms’ use of tax havens and the re...

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Main Author: Hill, Lesley Ellen
Format: Thesis
Published: Curtin University 2019
Online Access:http://hdl.handle.net/20.500.11937/79399
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author Hill, Lesley Ellen
author_facet Hill, Lesley Ellen
author_sort Hill, Lesley Ellen
building Curtin Institutional Repository
collection Online Access
description This study extends prior research investigating the relation between firms’ use of tax haven jurisdictions and performance-based remuneration incentives of CEOs. Additionally, we assess the moderating role of corporate governance attributes on the relation between firms’ use of tax havens and the remuneration characteristics of CEOs in those firms. Based on a dataset of 1054 firm-year observations comprising publicly-listed Australian financial institutions over the 2008–2018 period, we find a positive and significant relation between firms’ use of tax havens and CEOs remuneration attributes. Governance attributes of CEOs pertaining to their tenure and level of gender diversity are significantly negatively related to tax haven utilization, and negatively moderate the relation between remuneration levels and tax haven use.
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spelling curtin-20.500.11937-793992020-05-26T04:39:58Z Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions. Hill, Lesley Ellen This study extends prior research investigating the relation between firms’ use of tax haven jurisdictions and performance-based remuneration incentives of CEOs. Additionally, we assess the moderating role of corporate governance attributes on the relation between firms’ use of tax havens and the remuneration characteristics of CEOs in those firms. Based on a dataset of 1054 firm-year observations comprising publicly-listed Australian financial institutions over the 2008–2018 period, we find a positive and significant relation between firms’ use of tax havens and CEOs remuneration attributes. Governance attributes of CEOs pertaining to their tenure and level of gender diversity are significantly negatively related to tax haven utilization, and negatively moderate the relation between remuneration levels and tax haven use. 2019 Thesis http://hdl.handle.net/20.500.11937/79399 Curtin University fulltext
spellingShingle Hill, Lesley Ellen
Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.
title Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.
title_full Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.
title_fullStr Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.
title_full_unstemmed Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.
title_short Executive Incentives, Corporate Governance and Tax Haven Utilisation: Evidence from Australian Financial Institutions.
title_sort executive incentives, corporate governance and tax haven utilisation: evidence from australian financial institutions.
url http://hdl.handle.net/20.500.11937/79399