Are Family Firms more Tax Aggressive than Non-family Firms?

• Main Authors: CHEN, Shuping, CHEN, Xia, CHENG, Qiang, Shevlin, Terry
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2010
• 主題: Tax aggressiveness; Family firms; Non-tax costs; Agency problems; Accounting; Entrepreneurial and Small Business Operations; Taxation
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research/823; https://ink.library.smu.edu.sg/context/soa_research/article/1822/viewcontent/SSRN_id1014280.pdf

Taxes represent a significant cost to the firm and shareholders, and it is generally expected that shareholders prefer tax aggressiveness. However, this argument ignores potential non-tax costs that can accompany tax aggressiveness, especially those arising from agency problems. Firms owned/run by f...