دانلود مقاله ISI انگلیسی شماره 89068
ترجمه فارسی عنوان مقاله

بار توجه: تبلیغات مدیر عامل و اجتناب از مالیات

عنوان انگلیسی
The burden of attention: CEO publicity and tax avoidance
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
89068 2018 12 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of Business Research, Volume 87, June 2018, Pages 90-101

پیش نمایش مقاله
پیش نمایش مقاله  بار توجه: تبلیغات مدیر عامل و اجتناب از مالیات

چکیده انگلیسی

We use search volume index (SVI) for a CEO's name and stock ticker from Google Trends to measure CEO publicity, and examine the competing hypotheses on its relation to tax avoidance. On the one hand, CEOs who receive more attention from retail investors may engage in tax evasion activities to meet investors' performance expectations; on the other hand, they are more concerned with public image and avoiding being labeled as tax avoiders. Based on the CEOs of S&P 500 firms between 2004 and 2011, our finding supports the former and shows that CEOs with higher publicity manage to have a lower effective tax rate and cash effective tax rate. Such effect is moderated by board independence. Finally, firms with higher CEO publicity pay auditors higher tax fees, suggesting that these CEOs tend to use more tax planning services from auditors.