财务背景独立董事、公司战略与税收激进

Research on the Relationship between Financial Independent Directors, Corporate Strategy and Tax Aggressiveness

以我国A股上市公司为样本,通过对公司战略与税收激进之间的关系,以及财务背景独立董事监督职能和咨询职能对二者关系的影响进行研究,结果发现越倾向于探索型战略的公司避税程度越高;财务背景独立董事监督职能的发挥能有效抑制探索型战略公司的激进避税行为,但其咨询职能的发挥并不显著。进一步研究发现,在管理者权力小、市场竞争度低时,财务背景独立董事对公司探索型战略与税收激进关系的抑制作用更为显著。研究结论丰富了公司战略对避税行为影响的相关文献,拓展了财务背景独立董事对公司既定战略下避税行为的治理效应。

Taking A-share listed companies as samples,this paper studies the relationship between corporate strategy and tax aggressiveness,and the impact of independent directors on the relationship.It is found that corporate strategy has a significant positive correlation with tax aggressiveness.The supervision function of financial independent directors effectively inhibits the aggressive tax avoidance behavior of exploratory strategic companies,but the advisory function is not significant.Further research shows that when the managers have less power and the market competition is low,the financial independent directors have a more significant restraining effect on the relationship between enterprise strategy and tax aggressiveness.The conclusions of this study can enrich the relevant literature on corporate strategy and tax aggressiveness,and expand the governance effect of independent directors on corporate tax avoidance with established strategies.