Download or read book Is Corporate Tax Aggressiveness a Reputation Threat Corporate Accountability Corporate Social Responsibility and Corporate Tax Behavior written by Lisa Baudot and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we consider the relationships among corporate accountability, reputation, and tax behavior as a corporate social responsibility issue. As part of our investigation, we provide empirical examples of corporate reputation and corporate tax behaviors using a sample of large, U.S.-based multinational companies. In addition, we utilize corporate tax controversies to illustrate possibilities for aggressive corporate tax behaviors of high-profile multinationals to become a reputation threat. Finally, we consider whether reputation serves as an accountability mechanism for corporate tax behaviors among other mechanisms for holding firms accountable for corporate tax behaviors. Our conceptual work points to a complicated relationship among shareholder, stakeholder, and civic responsibilities in the development and execution of firm's corporate tax strategies. Building on those insights, our empirical illustration considers corporate reputation data alongside data which reflects corporate tax behavior. Based on this work, we find no clear trend or pattern indicating that reputation is associated with or affected by certain types of corporate tax behaviors. That is, our exploratory empirical illustration suggests that corporate tax behavior does not produce broad reputational consequences that would motivate a change in firm behavior. Drawing from celebrity and strategic silence research, we then suggest that reputation may not be a well-functioning mechanism for holding corporations to account for contributing their fair share of the resources used by government for the benefit of society and offer-related theoretical insights.

Download or read book Tax Aggressiveness Corporate Social Responsibility and Ownership Structure written by Suzanne Landry and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax is one of the most significant business costs incurred by firms, and it has a direct impact on profitability and shareholder value. Consequently, firms have financial incentives to be tax aggressive. However, tax aggressive behavior may adversely impact a firm's reputation, an invaluable asset. Furthermore, paying one's fair share of taxes is an important component of corporate social responsibility. Hence, socially responsible firms that are concerned about preserving their good reputation should be less tax aggressive. This study investigates whether socially responsible firms are less tax aggressive, that is, whether their talk as defined by 'corporate social behaviors' and their actions as defined by 'paying their fair share of taxes' are aligned, and whether this relationship differs between family and non-family firms. Based on archival data for 2004-2008 on a panel of Canadian firms, the results indicate that family firms are less tax aggressive than non-family firms. In addition, the findings suggest that tax behaviors are not necessarily aligned with corporate social responsibility, and that the ownership structure moderates this relationship. The findings also underscore the importance of considering corporate social responsibility dimensions separately when investigating the relationship between tax aggressiveness and corporate social responsibility.

Download or read book Corporate Social Responsibility Governance and Corporate Reputation written by Petter Gottschalk and published by World Scientific. This book was released on 2011 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Expounds on the nature of white-collar crime and examines its relationship with corporate social responsibility, governance and corporate reputation. Presents different approaches for repairing damaged corporate reputations; explains how internal governance and investigations can be conducted. Discusses stages in corporate social responsibility and underscores knowledge management as an imperative tool to combat white-collar crime and build corporate reputation"--Provided by publisher.

Download or read book Corporate Social Responsibility the Fight Against Corruption and Tax Behaviour written by Manuel Castelo Branco and published by Springer Nature. This book was released on 2021-07-29 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces in an accessible way how CSR and its reporting are being used to address problems of corruption and tax evasion or tax avoidance. It discusses the efforts, both of organizations and governments to integrate these issues into CSR practices and the developments that have occurred at the levels of national and international legislation. The book analyses governments efforts to compel or try to induce companies to have practices more in line with what is expected of them in terms of combating corruption and paying their fair share. The book is suitable for students of CSR and Business Ethics, practitioners and researchers on CSR and corporate issues.

Download or read book A Comparative Look at Regulation of Corporate Tax Avoidance written by Karen B. Brown and published by Springer Science & Business Media. This book was released on 2011-12-09 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a fascinating look at the anti-tax avoidance strategies employed by more than fifteen countries in eastern and western Europe, Canada, the Pacific Rim, Asia, Africa, and the United States. It surveys the similarities and differences in anti-avoidance regimes and contains detailed chapters for each country surveying the moral and legal dimensions of the problem. The proliferation of tax avoidance schemes in recent years signals the global dimensions of a problem presenting a serious challenge to the effective administration of tax laws. Tax avoidance involves unacceptable manipulation of the law to obtain a tax advantage. These transactions support wasteful behavior in which corporations enter into elaborate, circuitous arrangements solely to minimize tax liability. It frustrates the ability of governments to collect sufficient revenue to provide essential public goods and services. Avoidance of duly enacted provisions (or manipulation to secure tax benefits unintended by the legislature) poses a threat to the effective operation of a free society for the benefit of a small group of members who seek the privilege of shifting their tax burden onto others merely to compete in the world of commerce. In a world in which world treasuries struggle for the resources to battle terrorist threats and to secure a decent standard of living for constituents tax avoidance can bring economies close to the edge of sustainability. As tax avoidance is one of the top concerns of most nations, the importance of this work cannot be overstated.

Download or read book Consumer Reactions to Corporate Tax Strategies Effects on Corporate Reputation and Purchasing Behavior written by I. Hardeck and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: On the basis of an interdisciplinary approach linking taxation, marketing, and corporate social responsibility, this article investigates the effects of media reports on aggressive and responsible corporate tax strategies (CTSs) on corporate success with consumers. By means of two laboratory experiments (N = 150, 360), the authors analyse the effects of the CTSs on corporate reputation, consumer purchase intention, and the consumer's willingness to pay. The results suggest that aggressive CTSs diminish corporate success with consumers, whereas responsible CTSs enhance it. Nevertheless, consumers are not willing to pay a price premium for products sold by responsible tax-planning companies, but rather punish aggressive tax-planning companies through a slightly lower willingness to pay. Finally, consumers' tax morale and their attitude toward tax avoidance are important moderating variables. Given the growing level of media interest in taxation, these findings are crucial for assessing consumer-related non-tax costs and the benefits of different CTSs.

Download or read book Tax Avoidance Research written by Antonio De Vito and published by Springer Nature. This book was released on with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Advances in Taxation written by John Hasseldine and published by Emerald Group Publishing. This book was released on 2023-06-16 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the latest volume of Advances in Taxation, editor John Hasseldine includes studies from expert contributors to explore topics such as: the stock market reaction to the Tax Cuts and Jobs Act; strategic repatriations made by firms; and corporate social responsibility and tax planning.

Download or read book Cases on the Interplay Between Family Society and Entrepreneurship written by Abe, Ethel Ndidiamaka and published by IGI Global. This book was released on 2023-12-01 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the face of a volatile, uncertain, complex, and ambiguous world and unpredictable challenges, governments need to be able to detect those changes in real-time and quickly test policy responses to determine what works for businesses, communities, families, and individuals. Surprisingly, families and enterprises have interconnectivity. Most Small, Medium and Micro Enterprises (SMMEs) started as household vendors of daily supplies. Understanding this linkage and putting them together with professional dexterity should position them both as the panacea for tackling eventualities in the future. Cases on the Interplay Between Family, Society, and Entrepreneurship adopts a multi-disciplinary approach to appraising and managing the subject matter. This book is underpinned by the need to offer a repository for policymakers in organizations, governments, SMMEs, and community leaders to appreciate the role and importance of the family and SMMEs in the economic landscape of nations. The book is impactful in creating awareness about the importance and role of family and family support to members, the community, and society at large. This book as a well-referenced, peer-reviewed, and expertly written multi-disciplinary book covering the humanities, entrepreneurship, human resource management, psychology, leadership, innovative technology, governance/political sciences, and education, add value to extant literature. The book is principally targeted at entrepreneurs, scholars, governments, opinion leaders/influencers, and entities who need competent referenced data on the subject matter as outlined.

Download or read book Corporate Tax Avoidance and Social Ir responsibility written by David Gremminger and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, companies have increasingly emphasized their commitment in the area of corporate social responsibility (CSR). In view of this development, it is striking that at the same time, large corporations, including some that otherwise portray themselves as particularly socially responsible, are caught evading taxes. This poses a conundrum and raises several questions that this dissertation aims to address. To this end, this thesis explores the effects of corporate tax behavior and consequences of socially (ir-)responsible behavior. A particular focus is on the role of media coverage in this context. The first paper (Chapter 2) finds that while media coverage of tax behavior does not affect abnormal stock returns, consumers notice and penalize brands that engage in tax avoidance, and trading activity increases in response to media coverage of tax avoidance, suggesting heterogeneous reactions across investors. The second paper (Chapter 3) shows that paying a higher tax rate can help mitigate the negative effects of socially irresponsible behavior on firm performance. The third paper (Chapter 4) demonstrates the potential of state-of-the-art topic modeling techniques by examining the media coverage of corporate tax behavior and the importance of tax avoidance reporting relative to other tax-related news. Overall, this thesis contributes to our understanding of the complex relationships between corporate behavior and its consequences, highlighting the importance of considering the perspectives of multiple stakeholders. In doing so, the thesis can hopefully inform the public discourse on how to adequately address the issue of corporate tax avoidance.

Download or read book Proceedings of the Fifteenth International Conference on Management Science and Engineering Management written by Jiuping Xu and published by Springer Nature. This book was released on 2021-07-15 with total page 869 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers the proceedings of the fifteenth International Conference on Management Science and Engineering Management (ICMSEM 2021) held on August 1-4, 2021, at the University of Castilla-La Mancha (UCLM), Toledo, Spain. The proceedings contains theoretical and practical research of decision support systems, complex systems, empirical studies, sustainable development, project management, and operation optimization, showing advanced management concepts and demonstrates substantial interdisciplinary developments in MSEM methods and practical applications. It allows researchers and practitioners in management science and engineering management (MSEM) to share their latest insights and contribution. Meanwhile, it appeals to readers interested in these areas, especially those looking for new ideas and research directions.

Download or read book Voluntary to Mandatory ESG Reporting written by Peter Yeoh and published by Kluwer Law International B.V.. This book was released on 2024-08-13 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the impacts of environmental, social, and governance (ESG) matters, companies, financial institutions, and regulators are continually seeking sustainability-driven models and standards on ESG themes in the sourcing, design, and provision of products and services. This welcome and thoroughly researched book, by a well-known authority in corporate and financial services law, engages with developments in ESG soft and hard law as business responsibility shades into business accountability. The author offers a sweeping, in-depth consideration of the current and future role of ESG reporting and compliance, encompassing such issues and topics as the following: purpose and forms of regulation for non-financial reporting; mandatory ESG reporting implementation issues; role of the company board; recognition of threats posed by ‘greenwashing’ and similar tactics; clean energy versus sustainable supply chains; limits and weaknesses of ESG reporting; help from AI and other software solutions; and progress in the global quest for a universal ESG reporting standard. Although some companies retain their social and political licences to operate and thwart ESG, robust data and persuasive contentions worldwide show that deliberations on how best to promote global sustainability in the long term have become standard business practice. Accordingly, this book clearly demonstrates how including ESG in business decisions ultimately contributes to stable and predictable markets. Its insights and guidance will be greatly appreciated by all those needing to engage with ESG reporting, whether lawyers, investors, regulators, business stakeholders, or academics.

Download or read book Does Corporate Social Responsibility Affect Corporate Tax Aggressiveness written by Issam Laguir and published by . This book was released on 2015 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have seen a considerable increase in the literature concerning the separate areas of corporate social responsibility and corporate tax aggressiveness. However, comparatively little scholarly attention has been paid to the link between the two. This paper examines how the different activities of corporate social responsibility affect corporate tax aggressiveness. A structural model was tested using partial least squares regression to determine whether the relationships between corporate social responsibility dimensions and tax aggressiveness are positive or negative. Based on a sample of French publicly listed firms, the results indicate that a firm's tax aggressiveness depends on the nature of its corporate social responsibility activities. Notably, the study demonstrates that greater the activity in the social dimension of corporate social responsibility, the lower the level of corporate tax aggressiveness will be, whereas high activity in the economic dimension is associated with a high level of tax aggressiveness. These results extend the prior literature concerning the relationship between corporate social responsibility and tax aggressiveness and suggest that the nature of the relationship, whether negative or positive, tends to differ across the corporate social responsibility dimensions. Overall, the study provides unique insight into the association between CSR activities and corporate tax aggressiveness. Indeed, the paper strongly supports the current literature and argues that the dimensions of corporate social responsibility should not be aggregated into a single measure because interesting and explanatory information is lost when such a method is used, especially with regard to an issue like corporate tax aggressiveness.

Download or read book Good Tax Governance and Transparency written by Hans Gribnau and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinationals' tax practices are the subject of much discussion nowadays. The media has been reporting stories about tax avoidance and/or companies not paying their “fair share” of taxes. Thus, multinational enterprises are currently in the eye of the storm. Their allegedly aggressive tax planning practices have led to public outcry. Politicians have shared this public sentiment, sometimes even accusing these multinationals of “immoral” behaviour. There are no clear signs that the storm will calm soon. What should multinationals do? The current debate clearly calls for ethical reflection. It appears that there is something inherent in tax planning that is not covered by the traditional legal distinction between (illegal) corporate tax evasion and tax avoidance. Aggressive tax planning is not discussed in terms of legal or illegal behaviour, but in moral terms. This development demands that multinational enterprises reflect on their tax planning strategy - not only in economic and legal terms, but also in ethical terms. Therefore, this article addresses the relationship between society, morality and taxes. Morality regards the behaviour of individuals, but does it also concern the behaviour of businesses? Furthermore, the concept of tax planning is elaborated on, and we will show that the concepts “aggressive tax planning”, “tax evasion” and “tax avoidance” represent different relationships between law and morality. Taxes are a cost item, but aggressive tax planning may also imply certain costs. Reputation damage, for example, may involve considerable costs. It will be argued that in order to improve corporate reputation, corporate social responsibility (CSR) is a helpful tool.Could (moral) leadership be shown by including tax in a business' CSR strategy? Moreover, does the ethical obligation to go beyond what is required by the law - key to CSR companies - encompass transparency? Good tax governance should enhance accountability and transparency, thus diminishing information asymmetry. In this regard, we propose to make a distinction between an intrinsic motivation to do the right thing (with a favourable reputation as an upshot) and extrinsic motivation (such as concern for favourable reputation in order to boost shareholder value).

Download or read book The Morality of Corporate Taxation written by Kevin Chiu and published by . This book was released on 2020 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this research article, we attempt to find a more widely available metric for Corporate Social Responsibility. As taxes are used to fund public goods and services, the payment by a company of more taxes will result in more funds to support the public - these actions can be viewed as a company management with higher morals. The link between Corporate Social Responsibility and the morality of paying taxes are analyzed using a multi-factor regression approach to determine that Corporate Tax Aggressiveness does not have an impact on the Social Responsibility of a firm. Company management and corporate culture does not view the payment of taxes as a socially responsible action.

Download or read book Tax Law in Times of Crisis and Recovery written by Dominic de Cogan and published by Bloomsbury Publishing. This book was released on 2023-05-04 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between tax law and crisis. In times of environmental, financial, and public health breakdown, policymakers look to tax for solutions. Yet these crises also constrain the ways in which tax liabilities can be imposed and administered, and limit the revenues that can be collected. What should governments do in these circumstances and what are the wider consequences for states, societies, and institutions such as the EU? The book shows how crises place strain on the basic functions of tax, including revenue-raising, institution-building, regulation, redistribution, and the structuring of society. These strains bear more heavily on some sections of business and society than others. This makes the tax consequences of crisis unpredictable. It also means that the best choice of legal response is not merely a technical matter. Instead, it engages deeper attitudes towards crisis relief, change, social values, and democratic control. These issues are highlighted by COVID-19 but are of utmost lasting importance. The book takes a comprehensive approach and looks in more depth at the systemic roles that crises play in contemporary tax systems. It features an impressive cast of leading researchers across multiple jurisdictions and is essential for policymakers and scholars alike.

Download or read book Corporate Social Responsibility and Strategic Tax Behavior written by Reuven Shlomo Avi-Yonah and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: