The Inclusion of General Counsel in Top Management and Tax Avoidance

• Main Authors: GOH, Beng Wee, LEE, Jimmy, NG, Jeffrey
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Top management composition; general counsel; tax avoidance; Accounting; Corporate Finance; Taxation
• Online Access: https://ink.library.smu.edu.sg/soa_research/1338; https://ink.library.smu.edu.sg/context/soa_research/article/2337/viewcontent/InclusionGeneralCounselTopManagementTaxAvoidance_2014.pdf
• Institution: Singapore Management University

We examine whether the inclusion of general counsel in top management is associated with a firm’s tax avoidance. We find that firms with general counsel as part of the top management team have lower GAAP effective tax rate, more uncertain tax positions, a higher likelihood of engaging in tax shelter...