Full-text VersionPublisher’s Version
Government ownership, corporate governance and tax aggressiveness : evidence from ChinaAccounting and Finance
Document TypeJournal article
- Corporate governance; Government ownership; Tax aggressiveness
AbstractThis study investigates how government ownership and corporate governance influence a firm's tax aggressiveness. Using Chinese listed companies during 2003–2009, we find that compared with government-controlled firms, non-government-controlled firms pursue a more aggressive tax strategy. In particular, non-government-controlled firms with a higher percentage of the board shareholdings and with a CEO who also serves as the board chairman are more aggressive. For government-controlled firms, we find that board shareholding has an impact on tax aggressiveness and it does not differ between local and central government-controlled firms. However, local government-controlled firms in less developed regions where the implementation of corporate governance measures is generally less effective are more tax aggressive than those in other regions.
Publisher StatementAccess to external full text or publisher's version may require subscription.
Citation InformationChan, K. H., Mo, P. L. L., & Zhou, A. Y. (2013). Government ownership, corporate governance and tax aggressiveness: Evidence from China. Accounting & Finance, 53(4), 1029-1051. doi: 10.1111/acfi.12043