TEMPORARY REMOVAL: Let’s get connected: The effect of directors connected to a tax office on corporate tax avoidance in China
Journal of Accounting and Public Policy - Trang 106817 - 2020
Tài liệu tham khảo
Black, 2014, CEO pay-for-complexity and the risk of managerial diversion from multinational diversification, Contemp. Acc. Res., 31, 103, 10.1111/1911-3846.12024
Bolland, 2014
Brezis, E.S., Cariolle, J., 2014. The revolving door indicator: Estimating the distortionary power of the revolving door. Working Paper. Department of Economics. Bar-Ilan University. Ramat-Gan. Available at: http://hdl.handle.net/10419/130524.
Cai, 2009, Competition and corporate tax avoidance: Evidence from Chinese industrial firms, Econ. J., 119, 764, 10.1111/j.1468-0297.2009.02217.x
Chan, 2013, Government ownership, corporate governance and tax aggressiveness: Evidence from China, Acc. Financ., 53, 1029, 10.1111/acfi.12043
Chen, 2011, Rent-seeking incentives, corporate political connections, and the control structure of private firms: Chinese evidence, J. Corp. Financ., 17, 229, 10.1016/j.jcorpfin.2010.09.009
Chen, 2006, Ownership structure, corporate governance, and fraud: Evidence from China, J. Corp. Financ., 12, 424, 10.1016/j.jcorpfin.2005.09.002
Chen, 2016, Corporate philanthropy and tunneling evidence from China, J. Bus. Ethics, 150, 135, 10.1007/s10551-016-3166-y
Cheng, 2012, The effect of hedge fund activism on corporate tax avoidance, Acc. Rev., 87, 1493, 10.2308/accr-50195
Cheung, 2002, China's new tax administration and collection law, Int. Tax J., 28, 1
Chua, 2008, Guanxi vs networking: Distinctive configurations of affect- and cognition-based trust in the networks of Chinese vs American managers, J. Int. Bus. Stud., 40, 490, 10.1057/palgrave.jibs.8400422
Cohen, 1986, The dynamics of the “revolving door” on the FCC, Am. J. Polit. Sci., 30, 689, 10.2307/2111268
Cui, 2011, What is the ‘law’ in Chinese tax administration?, Asia Pacific Law Rev., 19, 73, 10.1080/10192557.2011.11788242
Cull, 2005, Institutions, ownership, and finance: The determinants of profit reinvestment among Chinese firms, J. Financ. Econ., 77, 117, 10.1016/j.jfineco.2004.05.010
deHaan, 2015, The revolving door and the SEC’s enforcement outcomes: Initial evidence from civil litigation, J. Acc. Econ., 60, 65, 10.1016/j.jacceco.2015.07.010
Desai, 2007, Theft and taxes, J. Financ. Econ., 84, 591, 10.1016/j.jfineco.2006.05.005
Dyreng, 2008, Long-run corporate tax avoidance, Acc. Rev., 83, 61, 10.2308/accr.2008.83.1.61
Dyreng, 2010, The effects of executives on corporate tax avoidance, Acc. Rev., 85, 1163, 10.2308/accr.2010.85.4.1163
Dyreng, 2016, Public pressure and corporate tax behavior, J. Acc. Res., 54, 147, 10.1111/1475-679X.12101
Faccio, 2006, Politically connected firms, Am. Econ. Rev., 96, 369, 10.1257/000282806776157704
Fan, 2007, Politically connected CEOs, corporate governance, and post-IPO performance of China's newly partially privatized firms, J. Financ. Econ., 84, 330, 10.1016/j.jfineco.2006.03.008
Fisman, 2015, The mortality cost of political connections, Rev. Econ. Stud., 82, 1346, 10.1093/restud/rdv020
Francis, 2009, Political connections and the process of going public: Evidence from China, J. Int. Money Financ., 28, 696, 10.1016/j.jimonfin.2009.01.002
Francis, 2009, Big 4 office size and audit quality, Acc. Rev., 84, 1521, 10.2308/accr.2009.84.5.1521
Frank, 2009, Tax reporting aggressiveness and its relation to aggressive financial reporting, Acc. Rev., 84, 467, 10.2308/accr.2009.84.2.467
Gupta, 1997, Determinants of the variability in corporate effective tax rates: Evidence from longitudinal data, J. Acc. Public Policy, 16, 1, 10.1016/S0278-4254(96)00055-5
Habib, 2017, Social capital and corporate cash holdings, Int. Rev. Econ. Financ., 52, 1, 10.1016/j.iref.2017.09.005
Hair, 2006
Hanlon, 2010, A review of tax research, J. Acc. Econ., 50, 127, 10.1016/j.jacceco.2010.09.002
He, 2014, How are political connections valued in China? Evidence from market reaction to CEO succession, Int. Rev. Financ. Anal., 36, 141, 10.1016/j.irfa.2014.01.011
Heckman, 1976, The common structure of statistical models of truncation, sample selection and limited dependent variables and a simple estimator for such models, Ann. Econ. Soc. Meas., 5, 475
Hendricks, B. E., Landsman, W. R., Peña, R., Francisco, D., 2019. Can audit firms improve their PCAOB inspection reports by hiring PCAOB employees? Available at: https://ssrn.com/abstract=3205578.
Hoopes, 2012, Do IRS audits deter corporate tax avoidance?, Acc. Rev., 87, 1603, 10.2308/accr-50187
Kim, 2016, Corporate political connections and tax aggressiveness, Contemp. Acc. Res., 33, 78, 10.1111/1911-3846.12150
Leung, 2019, The effect of the general anti-avoidance rule on corporate tax avoidance in China, J. Contemp. Acc. Econ., 15, 105, 10.1016/j.jcae.2018.12.005
Li, 2016, Political connections and tax-induced earnings management: Evidence from China, Eur. J. Financ., 22, 413, 10.1080/1351847X.2012.753465
Li, 2008, Political connections, financing and firm performance: Evidence from Chinese private firms, J. Develop. Econ., 87, 283, 10.1016/j.jdeveco.2007.03.001
Li, J., Huang, H., 2008. The transformation of Chinese enterprise income tax: Internationalization and Chinese innovations. Available at: http://digitalcommons.osgoode.yorku.ca/cgi/viewcontent.cgi?article=1210&context=clpe.
Li, 2014, Political connection, ownership structure, and corporate philanthropy in China: A strategic-political perspective, J. Bus. Ethics, 129, 399, 10.1007/s10551-014-2167-y
Lin, 2018, Do political connections weaken tax enforcement effectiveness?, Contemp. Acc. Res., 35, 1941, 10.1111/1911-3846.12360
Lisowsky, 2013, Do publicly disclosed tax reserves tell us about privately disclosed tax shelter activity?, J. Acc. Res., 51, 583, 10.1111/joar.12003
Liu, Q., Luo, W., Rao, P., 2015. The political economy of corporate tax avoidance. Paper presented at the 5th Workshop on Current Research in Taxation Prague, Czech Republic. Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2709608.
Lo, 2010, Tax, financial reporting, and tunneling incentives for income shifting: An empirical analysis of the transfer pricing behavior of Chinese-listed companies, J. Am. Taxation Assoc., 32, 1, 10.2308/jata.2010.32.2.1
Luechinger, 2014, The value of the revolving door: Political appointees and the stock market, J. Public Econ., 119, 93, 10.1016/j.jpubeco.2014.08.001
Miller, D., Dinan, W., 2009. Revolving doors, accountability and transparency – Emerging regulatory concerns and policy solutions in the financial crisis. Available at: https://dspace.stir.ac.uk/bitstream/1893/21777/1/OECD_revolving%20door-2009.pdf.
Porcano, 1986, Corporate tax rates: Progressive, proportional, or regressive, J. Am. Taxation Assoc., 7, 17
Rapoport, M., 2018. KPMG case shines light on audit quality – SEC expressed concern about Big Four firm's reports at a 2016 meeting with top brass. Wall Street J. Available at: https://search.proquest.com/docview/1990760823?accountid=10382.
Richardson, 2016, Ownership structure and corporate tax avoidance: Evidence from publicly listed private firms in China, J. Contemp. Acc. Econ., 12, 141, 10.1016/j.jcae.2016.06.003
Ring, S., 2014. Banks hire FCA alumni to staff top U.K. Compliance posts. Bloomberg. Available at: https://www.bloomberg.com/news/articles/2018-05-19/china-to-significantly-boost-buying-of-u-s-goods-white-house.
Roberts, 2013, Endogeneity in empirical corporate finance, vol. 2A, 493
Robin, 2015, Do industry-specialist auditors influence stock price crash risk?, Audit. J. Practice Theory, 34, 47, 10.2308/ajpt-50950
Scholes, 2002
Shive, 2017, The revolving door for financial regulators, Rev. Financ., 21, 1445, 10.1093/rof/rfw035
Shipman, J.E., Swanquist, Q.T., and Whited, R.L. 2017. Propensity score matching in accounting research. The Accounting Review, 92(1), 213–244.
Slawotsky, 2015, Reining in recidivist financial institutions, Delaware J. Corp. Law, 40, 280
Stickney, 1982, Effective corporate tax rates: The effect of size, capital intensity, leverage, and other factors, J. Acc. Public Policy, 1, 125, 10.1016/S0278-4254(82)80004-5
Tang, 2016, Politically connected directors and firm value: Evidence from forced resignations in China, North Am. J. Econ. Financ., 37, 148, 10.1016/j.najef.2016.04.001
Tu, 2013, Political connections and privatization: Evidence from China, J. Acc. Public Policy, 32, 114, 10.1016/j.jaccpubpol.2012.10.002
Wooldridge, 2010
Wu, 2007, Local tax rebates, corporate tax burdens, and firm migration: Evidence from China, J. Acc. Public Policy, 26, 555, 10.1016/j.jaccpubpol.2007.08.003
Wu, 2012, State ownership, tax status and size effect of effective tax rate in China, Acc. Bus. Res., 42, 97, 10.1080/00014788.2012.628208
Wu, 2012, Political connections, tax benefits and firm performance: Evidence from China, J. Acc. Public Policy, 31, 277, 10.1016/j.jaccpubpol.2011.10.005
Xu, 2011, Tax enforcement as a corporate governance mechanism: Empirical evidence from China, Corp. Govern. Int. Rev., 19, 25, 10.1111/j.1467-8683.2010.00831.x
Ye, 2011, Chinese tax enforcement, income tax expense and earnings management, Manage. World, 5, 140
Young, 2017, Beyond the revolving door: Advocacy behavior and social distance to financial regulators, Bus. Polit., 19, 327, 10.1017/bap.2017.10