高管团队的“本家关系”与企业避税

Surname Relationship of Management Team and Tax Avoidance

区别于以往聚焦于正式制度的研究,本文从关系文化这种非正式制度的视角切入,实证研究了高管团队的“本家关系”(姓氏层面关系)对企业避税的影响及其作用机理。研究发现,高管团队的“本家关系”加剧了企业的避税程度。进一步发现,上述关系在受到姓氏文化影响较大的企业(“本家关系”建立在“小姓氏”的基础之上和位于姓氏观念较强的区域内)中体现得更加明显。机制检验表明,高管团队的“本家关系”通过弱化内部监督机制和降低高管风险规避倾向作用于企业避税。本文不仅在理论上丰富了关系文化的经济后果和避税影响因素的相关研究,在实践上还对改善公司治理结构和加强政府的税收监管工作等方面具有启示和借鉴意义。

As opposed to previous studies that focus on formal institutions,this study empirically examines the effect of surname relationships within management teams on tax avoidance.This study reveals that the surname relationship among the management team contributes to tax avoidance.The above relationship is more pronounced for firms that are more profoundly influenced by surname relationships.Mechanism analysis suggests that the surname relationship contributes to tax avoidance by weakening internal monitoring mechanisms and reducing managerial risk-aversion.This study not only contributes to the literature concerning the economic consequences of surname culture and the factors affecting tax avoidance,but also has practical implications for improving corporate governance structures and government tax regulations.