Please use this identifier to cite or link to this item: https://ah.lib.nccu.edu.tw/handle/140.119/76470
題名: 三大機構法人持股週轉率與公司避稅的關聯性─以台灣上市櫃公司為例
Institutional Shareholders` Turnover Rate and Tax Avoidance
作者: 蘇煒琁
貢獻者: 何怡澄
Ho, Yi Cheng
蘇煒琁
關鍵詞: 租稅規避
機構法人
持股週轉率
tax avoidance
institutional shareholder
turnover rate
日期: 2015
上傳時間: 13-Jul-2015
摘要: 傳統觀點認為透過租稅規避以節省稅負的行為,可以增加企業價值 (Graham and Tucker, 2006及Frank, Lynch, and Rego, 2009),有利於股東,可獲得機構法人的支持;然而,避稅行為所伴隨的潛在風險與成本,不利公司之長期利益,促使機構法人抑制公司之避稅行為。本文探討三大機構法人持股期間之長短對公司避稅活動的影響。以台灣上市櫃公司2001至2013年期間之追蹤資料 (panel data),採用二元固定效果模型(two-way fixed effect model),分析三大機構法人持股週轉率與企業參與租稅規避程度之關係。實證結果顯示三大機構法人愈傾向短線操作,其持股週轉率愈高,對公司之監督努力較低,公司治理程度較低,公司避稅活動較為活躍;反之,三大機構法人傾向長期持股,其持股週轉率愈低,機構法人著重公司之長期利益,對公司之監督努力程度高,使公司治理趨於良好,進而限制公司之避稅活動。
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描述: 碩士
國立政治大學
財政研究所
101255005
103
資料來源: http://thesis.lib.nccu.edu.tw/record/#G0101255005
資料類型: thesis
Appears in Collections:學位論文

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