scholarly journals Is the Board of Directors’ Religion Related to Tax Avoidance? Empirical Evidence in South Korea

Religions ◽  
2020 ◽  
Vol 11 (10) ◽  
pp. 526
Author(s):  
Hyeong Tae Cho ◽  
Sung Man Yoon
Keyword(s):  
South Korea ◽  
Board Of Directors ◽  
Empirical Evidence ◽  
Religious Diversity ◽  
Tax Avoidance ◽  
Board Members ◽  
Corporate Decisions ◽  
The Board Of Directors ◽  
Religious Factors ◽  
Avoidance Level

This study investigates the effect of directors’ religious diversity on tax avoidance of firms. The board of directors plays an important role in supervising the management of the corporation. As such, the religious diversity of the board may affect corporate decisions and their implementation by the management. In this regard, this study analyzes the effect of the religious diversity of the directors on the level of tax avoidance. Results are presented as follows. First, the level of tax avoidance tends to be higher when the level of religious diversity among the board members is high. Second, tax avoidance level may be different depending on a CEO’s religion, holding that the religions of board members are diverse. Third, the tax avoidance activity of a corporation is likely to be discouraged if the religions of board members are converged into a single religion. Overall, the results of this study provide an implication that religious factors influence the level of the firm’s tax avoidance.

Women on the board of directors and corporate tax aggressiveness in Australia

2016 ◽  
Vol 29 (3) ◽  
pp. 313-331 ◽  
Author(s):  
Grant Richardson ◽  
Grantley Taylor ◽  
Roman Lanis
Keyword(s):  
Board Of Directors ◽  
Selection Bias ◽  
Tax Avoidance ◽  
Multivariate Regression Analysis ◽  
Corporate Tax ◽  
Content Type ◽  
Tax Aggressiveness ◽  
Self Selection ◽  
The Board Of Directors ◽  
The Impact

Purpose This paper aims to investigate the impact of women on the board of directors on corporate tax avoidance in Australia. Design/methodology/approach The authors use multivariate regression analysis to test the association between the presence of female directors on the board and tax aggressiveness. They also test for self-selection bias in the regression model by using the two-stage Heckman procedure. Findings This paper finds that relative to there being one female board member, high (i.e. greater than one member) female presence on the board of directors reduces the likelihood of tax aggressiveness. The results are robust after controlling for self-selection bias and using several alternative measures of tax aggressiveness. Research limitations/implications This study extends the extant literature on corporate governance and tax aggressiveness. This study is subject to several caveats. First, the sample is restricted to publicly listed Australian firms. Second, this study only examines the issue of women on the board of directors and tax aggressiveness in the context of Australia. Practical implications This research is timely, as there has been increased pressure by government bodies in Australia and globally to develop policies to increase female representation on the board of directors. Originality/value This study is the first to provide empirical evidence concerning the association between the presence of women on the board of directors and tax aggressiveness.

scholarly journals ANALISIS PENGARUH CORPORATE SOCIAL RESPONSIBILITY TERHADAP TAX AVOIDANCE DENGAN DIMODERASI GOOD CORPORATE GOVERNANCE

2018 ◽  
Vol 2 (02) ◽  
pp. 211-234
Author(s):  
Levi Martantina ◽  
R. Soerjatno
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Board Of Directors ◽  
Tax Avoidance ◽  
Good Corporate Governance ◽  
The Board Of Directors ◽  
Negative Effect ◽  
Independent Variable ◽  
Corporate Social

This study aims to examine the effect  of Corporate Social Responsibility on Tax Avoidance in which Good Corporate Governance is moderating variable. Corporate Social Responsibility is independent variable whereas dependent variable is Tax Avoidance. The result of testing the first hyphothesis found that Corporate Social Responsibility has a negative effect on Tax Avoidance. In other words, the company that does extensive disclosure, the company does not practice Tax Avoidance. The result of testing the second hypothesis found that the exixtence of Good Corporate Governance in the board of directors mediate the influence of Corporate Social Responsibility with Tax Avoidance. So that the existence of the board of directors is able to contribute in making extensive disclosure towards Corporate Social Responsibility and practice of Tax Avoidance.

scholarly journals Implementing the board of directors’ mechanism – An empirical study of the listed firms in Libya

2018 ◽  
Vol 14 (1) ◽  
pp. 22-33 ◽  
Author(s):  
Jill Atkins ◽  
Mohamed Zakari ◽  
Ismail Elshahoubi
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Boards Of Directors ◽  
Listed Companies ◽  
Board Members ◽  
Corporate Boards ◽  
Listed Firms ◽  
Stakeholder Groups ◽  
The Board Of Directors ◽  
Executive Managers

This paper aims to investigate the extent to which board of directors’ mechanism is implemented in Libyan listed companies. This includes a consideration of composition, duties and responsibilities of the board directors. This study employed a questionnaire survey to collect required data from four key stakeholder groups: Boards of Directors (BD), Executive Managers (EM), Regulators and External Auditors (RE) and Other Stakeholders (OS). The results of this study provided evidence that Libyan listed companies generally comply with the Libyan Corporate Governance Code (LCGC) requirements regarding the board composition: the findings assert that most boards have between three and eleven members, the majority of whom are non-executives and at least two or one-third of whom (whichever is greater) are independent. Moreover, the results indicate that general assemblies in Libyan listed companies are practically committed to the LCGC’s requirements regarding the appointment of board members and their length of tenure. The findings provide evidence that boards in Libyan listed companies are carrying out their duties and responsibilities in accordance with internal regulations and laws, as well as the stipulations of the LCGC (2007). Furthermore, the stakeholder groups were broadly satisfied that board members are devoting sufficient time and effort to discharge these duties and responsibilities properly. This study helps to enrich our understanding and knowledge of the current practice of corporate boards as a significant mechanism of corporate governance (CG) by being the first to address the board of directors’ mechanism in Libyan listed companies.

scholarly journals New Zealand CEO compensation factors

2009 ◽  
Vol 6 (4) ◽  
pp. 47-53 ◽  
Author(s):  
Sam Hurst ◽  
Ed Vos
Keyword(s):  
New Zealand ◽  
Board Of Directors ◽  
Firm Size ◽  
Significant Relationship ◽  
Ceo Compensation ◽  
Board Members ◽  
Effective Factors ◽  
The Board Of Directors ◽  
Size Firm ◽  
Determining Factor

This paper analyses a combination of factors to try and determine whether they explain CEO compensation, and in turn help determine what makes the board of directors more effective. Factors include busy boards, local or international board members, dependent and not independent board members, director’s pay and tenure variables. Of the new and old factors considered in this approach and using a sample size of 31 NZ firms over the 2006/2007 years, a correlation existed between firm size/firm performance and CEO compensation. Further distinctions in regards to busy boards showed no significant relationship to CEO compensation, differing from previous studies, and casting doubt on whether it matters how busy the board is. Also the locality of the board was not a determining factor in CEO compensation.

scholarly journals PENGARUH KOMPENSASI, LEVERAGE, UKURAN PERUSAHAAN , DAN DIVIDEN TERHADAP TURNOVER: STUDI EMPIRIS PADA PERUSAHAAN PERBANKAN DI INDONESIA

2019 ◽  
Vol 21 (2) ◽  
pp. 129-140
Author(s):  
EVY RAHMAN UTAMI ◽  
ETIK KRESNAWATI ◽  
EKA DWIYANTI PUTJE
Keyword(s):  
Data Analysis ◽  
Board Of Directors ◽  
Empirical Evidence ◽  
Multiple Regression ◽  
Firm Size ◽  
Ceo Turnover ◽  
Dividend Distribution ◽  
The Board Of Directors

This study aimed to show empirical evidence of the correlation between compensation, leverage, dividend and firm size with the CEO turnover of banking companies in Indonesia. This study used banking companies in 2009 – 2016. The total research samples were 41 companies. The data analysis used multiple regression. The result of the study indicated that compensation, leverage and firm size had no correlation with the CEO turnover of the banking companies. However, the dividend had positive and significance influence towards the CEO turnover of the directors. Compensation given to the board of directors were unable to align the interests of management and shareholders. Besides, the directors did not take leverage and total assets in the CEO turnover consideration. Nevertheless, they consider dividend distribution conducted by the company.

scholarly journals RECRUITING FOR SUCCESS. DOES BOARD DIVERSITY MATTER?

2020 ◽  
Author(s):  
Meg E. Cotter Mazzola ◽  
Joseph L. Pontacolon ◽  
Angel Claudio ◽  
Javier A. Salguero ◽  
Marcelles James ◽  
...  
Keyword(s):  
Board Of Directors ◽  
Essential Role ◽  
Board Members ◽  
Motivating Factors ◽  
Board Diversity ◽  
Organization Level ◽  
Knowing That ◽  
Governance Model ◽  
External Stakeholders ◽  
The Board Of Directors

Nonprofits play an essential role in society. To realize their important missions, nonprofits rely on strong and committed leaders at both the organization level as well as the governance level. Nonprofits are obligated to have an active board of directors to operate. This reliance places the organization in a vulnerable position where they must recruit and engage with external stakeholders and identify individuals with the combination of talent needed to succeed as well as the passion for supporting the organization’s vision. Knowing that board members have a long lasting impact on their organizations, this paper looks at the varying models of governance and the implications for choosing one model over another. Determining the best structure for a governance model represents one component to setting an organization up for success. Equally, if not more important, is ensuring that the board of directors is composed of motivated and committed individuals who are steadfast in their efforts to support the mission of the organization. In order to find the best people for the role, an organization must understand what drives and motivates an individual to serve on a board. The topic of motivation as it relates to governance boards, and how existing boards can use the motivating factors to recruit and retain board members is explored. Finally, we explore the value of diverse board composition and whether certain criteria of diversity carry more weight in terms of impact than others.

scholarly journals PENGARUH DIVERSITAS JENDER DAN UKURAN DEWAN TERHADAP DIVIDEND PAYOUT

2021 ◽  
pp. 1155
Author(s):  
Herni Kurniawati ◽  
Fanny Andriani Setiawan
Keyword(s):  
Board Of Directors ◽  
Annual Report ◽  
Gender Diversity ◽  
Secondary Data ◽  
Quantitative Approach ◽  
Board Members ◽  
Manufacturing Companies ◽  
Dividend Payout ◽  
Dividend Payments ◽  
The Board Of Directors

The purpose of this research is to empirically prove how gender diversity and the size of the board have an impact on the dividends paid to investors in manufacturing companies. This research uses a descriptive quantitative approach. This research sample is secondary data from the annual report of manufacturing companies for the 2016-2019 period. The software used in this research is the eviews 10 program. This research provides the following results: (1) that the gender diversity of board members in manufacturing companies does not affect dividend payments; and (2) the size of the board of directors in manufacturing companies does not affect dividend payments/dividend payments in manufacturing companies. The implication of this research is to give advice to companies to recruit more board members to force companies to better protect and prioritize the interests of shareholders through cash disbursement in the form of dividends, so that they will be able to attract investors to invest. Contribute by increasing knowledge related to research on what things encourage dividend payments to investors. These factors include gender diversity and the size of the company's board members.Tujuan riset ini adalah membuktikan secara empiris bagaimana keragaman gender dan ukuran anggota dewan berdampak terhadap dividen yang dibayarkan untuk investor perusahaan manufaktur. Riset ini memakai metode deskriptif pendekatan kuantitatif. Sampel riset ini berupa data sekunder dari laporan tahunan perusahaan manufaktur periode 2016-2019. Perangkat lunak yang digunakan riset ini adalah program eviews 10. Riset ini memberikan hasil: (1) bahwa keragaman gender anggota dewan di perusahaan manufaktur tidak mempengaruhi pembayaran dividen; dan (2) ukuran dewan direksi pada perusahaan manufaktur tidak mempengaruhi pembayaran dividen/pembayaran dividen pada perusahaan manufaktur. Implikasi riset ini yaitu memberikan saran ke perusahaan untuk merekrut banyak anggota dewan untuk memaksa perusahaan lebih melindungi dan mengutamakan kepentingan pemegang saham melalui pencairan kas dalam bentuk deviden, sehingga akan mampu menarik investor untuk berinvestasi. Berkontribusi dengan menambah pengetahuan terkait riset mengenai hal-hal apa saja yang mendorong pembayaran dividen kepada investor. Faktor-faktor tersebut meliputi keragaman gender dan ukuran anggota dewan perusahaan.

scholarly journals The influence of cultural values on the board of directors: Lessons from five corporations

2012 ◽  
Vol 9 (4-2) ◽  
pp. 221-229 ◽  
Author(s):  
Elsa Satkunasingam ◽  
Aaron Yong ◽  
Sern Cherk
Keyword(s):  
Corporate Governance ◽  
Cultural Values ◽  
Board Of Directors ◽  
Senior Management ◽  
Independent Directors ◽  
Board Members ◽  
Differences Of Opinion ◽  
The Board Of Directors ◽  
Code Of Corporate Governance

The Malaysian Code of Corporate Governance 2000 emphasises the monitoring role of the Board of Directors, especially that of independent directors. It has not however taken into account the cultural values in Malaysia which do not encourage differences of opinion or criticisms and has failed to provide sufficient safeguards for directors to exercise their role effectively. As a result, it is relatively easy for dominant Chairmen or CEOs especially in government-linked companies or CEO dominated companies to control the Board or senior management with very little opposition. This paper will discuss several incidences of financial mismanagement in companies caused by dominant directors with very little opposition from the rest of the board. It will highlight that the law has to take cultural values more seriously in order to equip the Board and especially independent directors with the ability to challenge dominant Board members.

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