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Manuscript Type: EmpiricalResearch Question/Issue: This study first measures tax enforcement efforts for 35 tax regions within China, then analyzes the role of tax enforcement as a corporate governance mechanism by examining whether regional tax enforcement efforts reduce two types of agency costs in Chinese listed firms.c org_831 25..40 Research Findings/Insights: Using archival data from a pooled sample of 917 listed firms with total 3,668 observations from 2003 to 2006 in China, we find the following results: (1) regional tax enforcement efforts reduce corporate agency costs between shareholders and managers and agency costs between blockholders and minority shareholders; (2) by reducing two kinds of agency costs, tax enforcement efforts improve a firm's market performance; and (3) the governance role of tax enforcement efforts is more significant for state-controlled firms than for entrepreneur-controlled firms. Theoretical/Academic Implications: This study suggests that tax enforcement can act as a corporate governance mechanism. Tax authorities not only have the ability to increase national tax revenue, but also play a positive role in decreasing agency costs, including agency costs between shareholders and managers and those between block shareholders and minority shareholders. Practitioner/Policy Implications: This study offers a new insight to policy makers interested in transforming economies that corporate governance build-up should be multidimensional. Besides the traditionally internal governance mechanisms represented by boards of directors and external governance mechanisms represented by takeover markets, tax enforcement is also an important corporate governance mechanism. The enforcement power of tax authorities could be better utilized to supervise firm operations in emerging markets.

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Teamwork skills have becoming an important asset that employees can bring into an organization. How to make employees work with other team members and make team effective is an important issue in business education. In order to make sense which factors in team management will help improve team performance, we try to design a test among students. In this paper, we focus on using 12-step method to help business students acquire their teamwork skills and improve their team performance in class, and propose and examine several hypotheses on the relationship between 12-step and their impact on team performance with a dataset collecting from university student teams. The results show that initial sharing, continuous sharing and feedbacks are positively associated with team performance, but expectation, equity and celebration are negatively associated with team performance. The findings provide some insights about how to apply different steps in different environments, and show that some measures and steps should be paid more attention in training in a firm or other organizations.