Ownership structure and corporate tax avoidance: evidence from the listed companies of Bangladesh

• Autorzy: Hassan Nazmul , Masum Mofijul Hoq , Sarkar James Bakul

Identyfikatory

DOI

10.17512/pjms.2022.25.1.09

Warianty tytułu

PL

Struktura własności i unikanie podatków od korporacji: przykłady z wymiennych spółek z Bangladeszu

• Języki publikacji: EN

Abstrakty

EN

The purpose of the study is to investigate the impact of ownership structure on corporate tax avoidance. In the emerging economy context, the role of ownership structure on a corporate tendency to avoid the tax has become a burning issue over the years. This study is conducted on the basis of public limited companies listed on Dhaka Stock Exchange. A purposive sampling of 77 companies is considered to explore the impact of ownership structure on corporate tax avoidance. In this cross-sectional study, four proxy variables of ownership structure namely, institutional ownership, board ownership, foreign ownership and public ownership have been used. The regression model has been used to examine the association between corporate ownership structure and tax avoidance. Based on empirical study, it is found that board ownership and public ownership have significant influence on corporate tax avoidance, and no significant relationship can be found between foreign ownership and institutional ownership. These findings imply that companies with more board ownership and public (general) ownership tend to avoid tax in the context of Bangladesh. This study extends the existing literature by examining the impact of a diversified ownership structure on corporate tax avoidance in Bangladeshi companies. The findings of the study will help the government to shape their tax strategies in order to ensure optimum tax collection from the business.

PL

Celem badania jest zbadanie wpływu struktury własności na unikanie opodatkowania przedsiębiorstw. W kontekście gospodarki wschodzącej, rola struktury własności w skłonności przedsiębiorstw do unikania podatku stała się palącą kwestią na przestrzeni lat. Niniejsze badanie jest przeprowadzane na podstawie spółek akcyjnych notowanych na giełdzie w Dhaka. Rozważa się celową próbę 77 firm w celu zbadania wpływu struktury własności na unikanie opodatkowania przez przedsiębiorstwa. W niniejszym badaniu przekrojowym wykorzystano cztery zmienne zastępcze struktury własności, a mianowicie własność instytucjonalną, własność zarządu, własność zagraniczną i własność publiczną. Model regresji został wykorzystany do zbadania związku między strukturą własności korporacyjnej a unikaniem opodatkowania. Na podstawie badania empirycznego stwierdzono, że własność zarządu i własność publiczna mają znaczący wpływ na unikanie opodatkowania przedsiębiorstw i nie można znaleźć żadnego istotnego związku między własnością zagraniczną a własnością instytucjonalną. Wyniki te sugerują, że firmy z większą liczbą członków zarządu i własnością publiczną (ogólną) mają tendencję do unikania podatków w kontekście Bangladeszu. Niniejsze badanie rozszerza istniejącą literaturę, badając wpływ zróżnicowanej struktury własności na unikanie opodatkowania przez firmy w Bangladeszu. Wyniki badania pomogą rządowi w kształtowaniu strategii podatkowych w celu zapewnienia optymalnego poboru podatków od biznesu.

Słowa kluczowe

EN

tax avoidance; ownership structure; agency theory; effective tax rates; emerging economy

PL

unikanie opodatkowania; struktura własności; teoria agencji; stawka podatku efektywna; gospodarki wschodzące

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2022
• Tom: Vol. 25, No. 1
• Strony: 147--161
• Opis fizyczny: Bibliogr. 38 poz., tab.

Twórcy

autor

Hassan Nazmul

• Department of Business Administration, East West University, Dhaka1212, Bangladesh

autor

Masum Mofijul Hoq

• School of Business and Economics, United International University, Dhaka-1207, Bangladesh

autor

Sarkar James Bakul

• School of Business and Economics, United International University, Dhaka-1207, Bangladesh

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).