Please use this identifier to cite or link to this item:
標題: 家族企業與非家族企業租稅規避行為之探討
Tax Agressiveness Between Family Firms and Non-Family Firms
作者: 龔洺弘
Kung, Ming-Hung
關鍵字: 家族企業;Family firms;租稅規避;有效稅率;財稅差異;Tax aggressiveness;Effective tax rates;Book-tax difference
出版社: 會計學研究所
引用: 中文部分 林世銘與楊朝旭,1994,上市公司營利事業所得稅負擔之研究,財稅研究,第26卷第6期,頁34-52。 林嬋娟與張哲嘉,2009,董監事異常變動、家族企業與企業舞弊之關聯性,會計評論,第48期,頁1-33。 林嬌能與許彩蓮,2011,家族企業與租稅規劃之關聯性,會計學報,第4卷第1期,頁23-49。 林穎芬與劉維琪,2003,從高階主管薪酬的研究探討代理理論在台灣的適用程度,管理學報,第20卷第2期,頁365-395。 倪衍森與廖容岑,2006,家族企業負債代理成本及股利政策之研究-以台灣上市公司為例,系統與管理,第13卷第2期,頁153-179。 陳明進,2003,我國租稅優惠對營利事業租稅負擔之影響,管理評論,第22卷第1期,頁127-151。 陳明進,2006,稽徵機關稅務查核對營利事業短漏報所得之影響,經濟論文,第34卷第2期,頁213-250。 許彩蓮,2010,家族企業與租稅規劃之相關性,逢甲大學會計學研究所碩士論文。 黃美祝,2010,財稅差異金額大小對國稅局選案查核之影響,會計評論,第50期,頁23-55。 黃舒綺,1999,海外直接投資企業與國際性租稅規劃,國立中興大學企業管理學研究所碩士論文。 葉銀華,1999,家族控股集團、核心企業與報酬互動之研究-台灣與香港證券市場之比較,管理評論,第18卷第2期,頁57-90。 廖益興、楊清溪、廖秀梅,2005,公司治理機制與財務報表品質之關聯性研究,銘傳大學及中華會計教育學會編,當前會計理論與實務研討會論文集。 蔡素幸,1993,台灣上市公司規模與有效稅率關係之實證研究-實徵會計理論政治成本假設之探討,國立中山大學企業管理研究所碩士論文。 劉啟群、林世銘、黃德芬,2001,「台灣上市公司實施兩稅合一前有效稅率決定因素之研究」,中華會計學刊。 蘇淑慧、呂倩如與金成隆,2009,家族公司與盈餘品質關係之研究:所有權、管理權與控制權,臺大管理論叢,第19卷第S2期,頁35-70。 西文部分 Ali, A., T. Y. Chen, and S. Radhakrishnan. 2007. Corporate Disclosures by Family Firms. Journal of Accounting and Economics 44:238-286. Anderson, R. C. and D. M. Reeb. 2003. Founding-Family Ownership and Firm Performance:Evidence from the S&P 500. The Journal of Finance 58 (3):1301-1328. Ayers, B., J. Jiang, and P. Yeung. 2006. Discretionary Accruals and Earnings Management : An Analysis of Pseudo Earnings Targets. The Accounting Review 81(3) : 617-652. Badertscher, B. A, J. D. Phillips, M. Pincus, and S. O. Rego. 2009. Earnings Management Strategies and the Trade-Off between Tax Benefits and Detection Risk:To Conform or Not to Conform? The Accounting Review 84 (1):63-97. Barontini, R.,and Caprio, L. 2006. The Effect of Family Control on Firm Value and Performance:Evidence from Continental Europe. European Financial Management 12(5) : 689-723. Casson, M., 1999. The economics of family firms. Scandinavia Economic History Review 47:10-23. Chen, M., Lin, S., and T.,H. Chang. 2001. The impact of tax-exempt stock and land capital gains on corporate effective tax rates. Taiwan Accounting Review 2 (April) : 33-56. Chen, S., Chen, X., Cheng, Q., 2008. Do family firms provide more or less voluntary disclosure ? Journal of Accounting Research 46 : 499-536. Chen, S., X. Chen., Q. Cheng, and T. Shevlin. 2010. Are family firms more tax aggressive than non-family firms?. Journal of Financial Economics 95:41-61. Cheng, Q. and T. D. Warfield. 2005. Equity Incentives and Earnings Management. The Accounting Review 80 (2):441-476. Claessens, S., S. Djankov, and L. H. P. Lang. 2000. The separation of ownership and control in East Asia corporations. Journal of Financial Economics 58 (1-2) : 81-112. Demsetz, H., and K. Lehn. 1985. The structure of corporate ownership : Causes and consequences. Journal of Political Economy 93 (December) : 1155-1177. Denis, D. J., D. K. Denis, and A. Sarin. 1997. Agency Problems, Equity Ownership, and Corporate Diversification. The Journal of Finance 52 (1):135-159. Desai, M. A. 2003. The divergence between book and tax income. In Tax Policy and the Economy 17, edited by J. M. Poterba, 169-206. Cambridge, MA : MIT Press. Desai, M. A. and D. Dharmapala. 2004. Earnings management and corporate tax shelters. Unpublished working paper. Harvard University. Desai, M. A. and D. Dharmapala. 2006. Corporate tax avoidance and high-powered incentives. Journal of Financial Economics 79:145-179. Desai, M. A., A. Dyck, and L. Zingales. 2007. Theft and taxes. Journal of Financial Economics 84:591-623. Faccio, M., L. H. P. Lang, and L. Young. 2001. Dividend and expropriation. American Economic Review 91(1):54-78. Faccio, M. and L. H. P. Lang. 2002. The ultimate ownership of Western European corporations. Journal of Financial Economics 65:365-395. Fama, E. F. and M. C. Jensen. 1983. Separation of Ownership and Control. Journal of Law & Economics 26:301-325. Fluck, Z. 1999. The Dynamics of the Management-Shareholder Conflict. The Review of Financial Studies 12 : 379-393. Frank, M. M., L. J. Lynch, and S. O. Rego. 2009. Tax Reporting Aggressiveness and Its Relation to Aggressive Financial Reporting. The Accounting Review 84 (2):467-496. Gleason, C. A., and L. F. Mills. 2002. Materiality and contingent tax liability reporting. The Accounting Review 77(April):317-342. Graham, J. R., 2000. How Big Are the Tax Benefits of Debt? Journal of Finance 55 (5) : 1904-1945. Graham, J. R. and A. L. Tucker. 2006. Tax shelters and corporate debt policy. Journal of Financial Econmics 81:563-594. Green, R. C. 1984. Investment incentives, debt, and warrants. Journal of Financial Economics 13 : 115-136. Gupta, S. and K. Newberry. 1997. Determinants of the Variability in Corporate Effect Tax Rates: Evidence from Longitudinal Data. Journal of Accounting and Public Policy 16 : 1-34. Handler, W. C. 1989. Methodological Issues and Considerations in Studying Family Business. Family Business Review 2 (3):257-276. Hanlon M. 2005. The Persistence and Pricing of Earnings, Accruals, and Cash Flows When Firms Have Large Book-Tax Differences. The Accounting Review 80 (1):137-166. Hanlon, M., L. Mills, and J. Slemrod. 2005. An empirical examination of corporate tax non-compliance. University of Michigan and UT Austin, working paper. Hanlon, M., E. L. Maydew., and T. Shevlin. 2006. Book-tax conformity and the information content of earnings. Working paper, University of Michigan. Hanlon, M., E. L. Maydew., and T. Shevlin. 2008. An unintended consequence of book-tax conformity:A loss of earnings informativeness. Journal of Accounting and Economics 46:294-311. Hanlon, M. and J. Slemrod. 2009. What does tax aggressiveness signal?Evidence from stock price reactions to news about tax shelter involvement. Journal of Public Economics 93:126-141. Hanlon, M. and S. Heitzman. 2010. A review of tax research. Journal of Accounting and Economics 50:127-178. Hanlon, M., Shevlin, T., 2003. The tax benefits of employee stock options : the accounting and implications. Accounting Horizons 16 : 1-16. Jensen, M. C. and W. H. Meckling. 1976. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics 3 (4) : 305-360. Jensen, M. C. and R. Ruback. 1983. The market for corporate control:The scientific evidence. Journal of Financial Economics 11 : 5-50. Jensen, M. C. 1986. Agency costs of free cash flow, corporate finance, and takeover. American Economic Review 76 : 323-329. Klassen, K. J. 1997. The Impact of Inside Ownership Concentration on the Trade-off Between Financial and Tax Reporting. The Accounting Review 72(3):455-474. La Porta, R., F. Lopez-de-Silanes, and A. Shleifer. 1999. Corporate ownership around the world. Journal of Finance 54 (2) : 471-517. Lee, H. W. and R. E. Figlewicz, 1999. Characteristics of Firms that Issue Convertible Debt versus Convertible Preferred Stock. Quarterly Review of Economics & Finance 39 (4) : 547-564. Lintner, J. 1956. Distribution of Incomes of Corporations among Dividends, Retained Earnings, and Taxes. American Economic Review 46: 97-113. Manzon, G. J. and G. Plesko. 2002. The relation between financial and tax reporting measures of Income. Tax Law Review 55:175-214. McGill, G. A., and E. Outslay. 2004. Lost in translation : Detecting tax shelter activity in financial statements. National Tax Journal 57 (September) : 739-756. Miller, D., and I. Le Breton-Miller. 2006. Family Governance and Firm Performance: Agency, Stewardship, and Capabilities. Family Business Review 19(1):73-87. Miller, M. and F. Modigliani. 1961. Dividend Policy, Growth, and the Valuation of Shares. Journal of Business 34 : 411-433. Mills, L., M. M. Erickson, and E. L. Maydew. 1998. Investments in Tax Planning. The Journal of the American Taxation Association 20:1-20. Murray, A. 2002. Narrowing tax gap should be a priority of next congress. Wall Street Journal. October 8 : A4. Neubig, T., and B. Sangha. 2004. Tax Risk and Strong Corporate Governance. The TaxExecutive 56 (2): 114–119. Perrow, C. 1972. Complex organizations. Glenview, IL: Scott, Foresman, and Company. Phillips, J., M. Pincus, and S. Rego. 2003. Earnings management:New evidence based on deferred tax expense. The Accounting Review 78(2):491-521. Plesko, G. 2000. Book-tax differences and the measurement of corporate income. In Proceedings of the Ninety-Second Annual Conference on Taxation, 1999. Washington DC : National Tax Association : 171-176. Porcano, T. 1986. Corporate tax rates: Progressive, proportional, or regressive. The Journal of the American Taxation Association 7 (2) : 17-31. Schadewald, M., 2005. Deducting related-party interest and intangible expenses. The Tax Advisor 36 : 286-295. Scholes, M., Wolfson, M., Erickson, M., Maydew, E., Shevlin, T., 2005. Taxes and Business Strategy: A Planning Approach,third ed. Pearson Prentice Hall, Upper Saddle River, NJ. Scholes, M. S., M. A. Wolfson, M. M. Erickson, E. L. Maydew, and T. J. Shevlin. 2009. Taxes and Business Strategy: A Planning Approach. Pearson, Upper Saddle River, NJ. Shackelford, D., Shevlin, T., 2001. Empirical tax research in accounting. Journal of Accounting and Economics 31 : 321-387. Shevlin, T. and S. Porter. 1992. The corporate tax comeback in 1987: Some further evidence. The Journal of the American Taxation Association 14 (1) : 58-79. Shleifer , A. and R. W. Vishny. 1997. A survey of corporate governance. Journal of Finance 52 (2):737-783. Siegfried, J. 1974. Effective average U.S. corporate income tax rates. National Tax Journal 27 (2) : 245-259. Spooner, G.M. 1986. Effective tax rates from financial statement. National Tax Journal, September : 193-306. Stein, J. 1989. Efficient capital markets, inefficient firms : A model of myopic corporate behavior. The Quarterly Journal of Economics 104 (November) : 655-669. Stickney, C. P. and V. E. McGee. 1982. Effective Corporate Tax Rates The Effect of Size, Capital Intensity, Leverage, and Other Factors. Journal of Accounting and Policy 1 : 125-152. Strong, J. S. and J. R. Meyer. 1990. Sustaining Investment, Discretionary Investment, and Valuation: A Residual Funds Study of the Paper Industry. Asymmetric Information, Corporate Finance, and Investment. Chicago, 127-148. Watts, R. 2003a. Conservatism in accounting part I: Explanations and implications. Accounting Horizons 17 (3) : 207-221. Wilson, R. 2009. An examination of corporate tax shelter participants. The accounting Review 84:969-999. Zimmerman, J. 1983. Taxes and firm size. Journal of Accounting and Economics 5 (2) : 119-149.

本研究以2005年至2008年台灣上市公司為研究對象,檢測企業家族化與租稅規避間的關係。有關租稅規避的衡量方法是以有效稅率、現金有效稅率、財稅差異及剩餘財稅差異四項作為衡量之代理變數。控制了獲利能力、財務槓桿、虧損扣抵、所得稅抵減、資本密集度、研發費用、投資收益、公司規模及前期財稅差異後,其結果顯示為家族企業和現金有效稅率呈顯著的正向關係,並和財稅差異呈顯著的負向關係,表示家族企業相對於非家族企業較不易進行租稅規避的活動,其實證結果與Chen et al.(2010)的結論一致。本研究認為家族企業會基於非稅成本的考量,避免被國稅局調帳查核的風險及維護企業的聲譽,故較不會從事租稅規避的活動。
其他識別: U0005-1307201319342500
Appears in Collections:會計學系所

Show full item record

Google ScholarTM


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.