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Dissertation
Three Studies Of Stakeholder Influence In The Formation And Management Of Tax Policies
Electronic Theses and Dissertations
  • Jason Chen, University of Central Florida
Keywords
  • Accounting,
  • Corporate political strategy,
  • Energy independence and security act of 2007,
  • London congestion charge,
  • Tax policy
Subject Categories
Abstract

This dissertation consists of three separate but interrelated studies examining the formation and management of tax policies. The first study uses stakeholder theory (ST) to investigate the strategic management practices of the Transport for London (TfL) during discrete stages in the adoption, implementation, and amendments of the tax policy reform known as the London Congestion Charge (LCC). Results indicate that TfL has utilized power, legitimacy, and urgency as its main policy management tactics with a significant emphasis on legitimatizing the LCC and its subsequent policy amendments. The second study draws on social exchange theory (SET) to reexamine the relationship between corporations and legislators during tax policy processes. Data for the study come from publicly available political action committee (PAC) contribution activities surrounding the Energy Independence and Security Act of 2007 (EISA07). By examining the endogeneity between legislators’ voting patterns and PAC contributions by corporations, this study aims to refine empirical work on corporate political strategy, especially as it relates to crucial tax provisions embedded within an intensely debated policy proposal. Using simultaneous equations modeling (SEM), results are consistent with SET showing that an implicit and reciprocal relationship exists between corporations and legislators. This relationship affects the interdependence of how legislators vote for public policies and the amount of corporations’ financial contributions to legislators. The third study investigates and aims to validate the empirical applicability of Dahan’s (2005) typology of political resources in explicating the political interactions between stakeholder groups and legislators in the development of EISA07. I discuss how and why the mode of operations and various political resources employed by stakeholder groups affected the iii final EISA07 language concerning domestic production deduction tax credits for the oil and gas industry. Publicly available data show that both supporting and opposing stakeholder groups employ tactics consistent with Dahan’s (2005) typology. However, both stakeholder groups tend to use an interactive or positive political approach to gain access and favor of legislators instead of an adversarial approach. Ultimately, the tax credits were preserved. Taken as a whole, the three studies advance the tax and public policy research literature in accounting by studying how and why relevant stakeholders affect the formation and ongoing management of public and tax policies

Notes

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Graduation Date
2012
Semester
Spring
Advisor
Roberts, Robin
Degree
Doctor of Philosophy (Ph.D.)
College
College of Business Administration
Degree Program
Business Administration; Accounting
Format
application/pdf
Identifier
CFE0004343
URL
http://purl.fcla.edu/fcla/etd/CFE0004343
Language
English
Release Date
May 2012
Length of Campus-only Access
None
Access Status
Doctoral Dissertation (Open Access)
Subjects
Business Administration -- Dissertations, Academic, Dissertations, Academic -- Business Administration
URL
https://stars.library.ucf.edu/etd/2107
Citation Information
Jason Chen. "Three Studies Of Stakeholder Influence In The Formation And Management Of Tax Policies" (2012)
Available at: http://works.bepress.com/jason-shih-hao-chen/21/