| dc.contributor | 財政系 | |
| dc.creator (作者) | 黃智聰 | |
| dc.creator (作者) | Huang, Jr-Tsung;Kuo, Po-Sheng | |
| dc.date (日期) | 2024-10 | |
| dc.date.accessioned | 17-Jan-2025 10:39:52 (UTC+8) | - |
| dc.date.available | 17-Jan-2025 10:39:52 (UTC+8) | - |
| dc.date.issued (上傳時間) | 17-Jan-2025 10:39:52 (UTC+8) | - |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/155221 | - |
| dc.description.abstract (摘要) | This study examines an important issue regarding how tax avoidance affects a firm's investment inefficiency in Taiwan's semiconductor industry. In addition, the dynamic effect of a firm's investment inefficiency and spillover effect of investment inefficiency from competitors are also explored. This study adopts 44 listed firms from 2013 to 2021 and constructs the “competitor-dependence matrix” to replace the “spatial-dependence matrix” in the dynamic spatial autoregressive model. According to the difference generalized method of moments estimation, the primary finding of this study is that the tax avoidance has a statistically and significantly positive effect on a firm's investment inefficiency while it is overinvestment, but a negative effect while it is underinvestment. Moreover, the dynamic effect is statistically insignificant, but the spillover effect is statistically and significantly negative. | |
| dc.format.extent | 98 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Review of Development Economics | |
| dc.subject (關鍵詞) | dynamic spatial autoregressive model; generalized method of moments; investment efficiency; spillover effect; tax avoidance | |
| dc.title (題名) | How Does Tax Avoidance Affect a Firm’s Investment Inefficiency in Taiwan’s Semiconductor Industry? | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1111/rode.13170 | |
| dc.doi.uri (DOI) | https://doi.org/10.1111/rode.13170 | |
