Is the Board of Directors’ Religion Related to Tax Avoidance? Empirical Evidence in South Korea

Cho, Hyeong Tae; Yoon, Sung Man

doi:10.3390/rel11100526

Cited by 2 publications

(1 citation statement)

References 25 publications

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“…The presence of more independent directors reduces the likelihood of the adoption of tax avoidance behavior because of effective monitoring of boards’ tax minimization behavior (Alkurdi & Mardini, 2020; Zaqeeba & Iskandar, 2020). Cho and Yoon (2020) suggested that religious diversity onboard has a significant impact on tax planning decisions. In comparison to concentrated board religion, boards with varied religions show a higher rate of tax avoidance.…”

Section: Results Of Systematic Analysismentioning

confidence: 99%

Corporate tax avoidance: a systematic literature review and future research directions

Duhoon,

Singh

2023

LBSJMR

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PurposeThe increased interest among academicians to explore more about tax management behavior is evident in the literature on corporate tax avoidance. This paper aims to illustrate the multiple aspects that influence the tax avoidance behavior of corporations and its impacts through the systematic review method.Design/methodology/approachThis study used “Tax Avoidance” OR “Tax Aggressiveness” OR “Tax Planning” as search strings to extract the relevant literature from the Scopus database. This study is a comprehensive analysis of existing literature on corporate tax avoidance behavior. Further, the keyword network analysis has been used to find out the most explored and dry research areas related to corporate tax avoidance behavior using VOSviewer software.FindingsThe study finds that taxation decision is an important managerial decision. Managers adopt tax avoidance tactics to boost postax profits to meet the shareholders’ expectations, particularly of risk-averse shareholders, and sometimes for their benefit also. With this, this study also finds that firms’ characteristics, political connections and corporate social responsibility activities also impact taxation decisions. In addition, the study identifies that tax-avoiding behavior has a contradictory impact on firm value, market growth and corporate transparency disclosure decisions.Research limitations/implicationsThe study assists the researchers by providing a brief overview of tax avoidance behavior, for corporates in understanding the implications of tax avoidance, and for policymakers to fix the taxation loopholes and bring necessary tax reforms.Originality/valueThis study adds to the existing literature by providing a thorough overview of theories, determinants and outcomes of corporate tax avoidance behavior.

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Section: Results Of Systematic Analysismentioning

confidence: 99%

Corporate tax avoidance: a systematic literature review and future research directions

Duhoon,

Singh

2023

LBSJMR

View full text Add to dashboard Cite

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Income Tax Progressivity and Nonreligion in Central and Eastern Europe: A Case of the Czech Republic

et al. 2022

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Our paper focuses on the tax progressivity and nonreligion in central and eastern Europe using an example of the Czech Republic, one of the most atheistic countries in the world. Religion might imply formal affiliation with a certain confession or active church attendance, but it might also become a determinant of taxation preferences. We employ ordinal regression analyses to study direct and mediation effects of both church affiliation and church attendance on a representative sample from the Czech Republic (n = 1924, 54.8% female, aged 18–95, M ± SD: 52.0 ± 16.9; 19.4% with higher education) controlling for employment status, social class and socio-demographics. The results suggest that neither church affiliation nor church attendance were related to desired income tax progressivity; social class plaid the most important role. The frequency of church attendance was significantly related to the perceived adequacy of taxation of higher incomes, where the more respondents attended the religious services, the more they believed that the taxes on the rich are too high. However, the churches’ ideas to help the needy were manifested in the preferences for international tax progressivity, where the frequent churchgoers were more inclined to the idea that the rich countries should pay additional taxes to help the poor countries. These controversial results may indicate the rivalrous position of the church and the state in the Czech Republic in terms of taxation of the wealthy. We suggest that under the condition of no church tax, the state taxation of the rich may be viewed as diverting funds, which could otherwise be directed to the church. These results might be of some interest to the state, the church and to the academic researchers alike and significantly contribute to the discussion on specific features of nonreligiosity in central and eastern Europe.

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Is the Board of Directors’ Religion Related to Tax Avoidance? Empirical Evidence in South Korea

Cited by 2 publications

References 25 publications

Corporate tax avoidance: a systematic literature review and future research directions

Corporate tax avoidance: a systematic literature review and future research directions

Income Tax Progressivity and Nonreligion in Central and Eastern Europe: A Case of the Czech Republic

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