تأثیر اجتناب از پرداخت مالیات بر معیارهای حسابداری و اقتصادی عملکرد شرکت: شواهدی از بورس اوراق بهادار تهران

نوع مقاله : مقاله پژوهشی

نویسندگان

1 دکتری مالی و حسابداری، دانشکدۀ اقتصاد و علوم اداری، دانشگاه سلجوق، قونیه، ترکیه

2 دانشجوی دکتری مالی، دانشکدۀ مدیریت، دانشگاه استانبول، استانبول، ترکیه

چکیده

اجتناب از پرداخت مالیات از مهمترین تصمیمات مدیران است که به واسطه جلوگیری از انتقال منابع شرکت به دولت ممکن است آثار مساعد یا نامساعدی بر عملکرد شرکت داشته باشد. هدف این پژوهش، بررسی تاثیر اجتناب از پرداخت مالیات بر معیارهای حسابداری و اقتصادی عملکرد شرکت­های پذیرفته شده در بورس اوراق بهادار تهران برای سال­های 1397-1388 می­باشد. فرضـیه­ هـای پژوهش بـا استفاده از مـدل­هـای رگرسیونی چند متغیره آزمون و برای اندازه­گیری عمکرد شرکت از معیار حسابداری جریان نقد آزاد و دو معیار اقتصادی ارزش افزوده اقتصادی و ارزش افزوده بازار استفاده شده است. همچنین، جهت اندازه­گیری اجتناب مالیاتی نیز نرخ موثر مالیاتی جریان نقد عملیاتی بکارگرفته شده است. یافته ­های پژوهش نشان داد، اجتناب از پرداخت مالیات بر معیارهای حسابداری و اقتصادی عملکرد شرکت تاثیر منفی و معنی­داری دارد. به‌عبارتی، با افزایش اجتناب مالیاتی عملکرد شرکت کاهش یافته است. بنابراین می­توان نتیجه گرفت، انتخاب استراتژی اجتناب از پرداخت مالیات به عنوان روشی برای جلوگیری از خروج منابع، تاثیر منفی بر عملکرد شرکت­ها دارد که می­تواند ناشی از استفاده نامطلوب از منابع حاصله از آن باشد.

کلیدواژه‌ها


عنوان مقاله [English]

The Impact of Avoiding Tax on Accounting and Economic Firm Performance Criteria: Evidence from Tehran Stock Exchange

نویسندگان [English]

  • Younes Nobakht 1
  • Maryam Nobakht 2
1 PhD in Finance and accounting, Faculty of Economics and Administrative Sciences, University of Selcuk, Konya, Turkey
2 PhD student in Finance, Faculty of Management, University of Istanbul, Istanbul, Turkey
چکیده [English]

Tax avoidance is one of the most important managers’ decision which can have a positive or adverse effect on a company's performance by preventing the transfer of the firm's resources to the government. The purpose of this study is to investigate the effect of tax avoidance on accounting and economic performance criteria of listed companies in Tehran Stock Exchange with a sample size of 180 companies for the years 2009-2018. To test the hypotheses, multivariate linear regression got used, and to measure the performance of the firm, one accounting criterion free cash flow, and two economic criteria of economic value-added and market value-added have been used. The effective operating cash flow tax rates have also been used to measure avoiding tax. The research findings showed that there is a negative and significant relationship between tax avoidance with accounting and economic performance criteria of the firm, which means that with increasing tax avoidance, the company's performance has been decreased. Therefore, it can be concluded that choosing a tax avoidance strategy as a way to prevent the outflow of resources, has an unfavorable impact on company performance, which can be due to the undesirable use of the resulting resources.

کلیدواژه‌ها [English]

  • Tax avoidance
  • Free Cash Flow
  • Economic Value Added
  • Market Value Added
  • Firm Performance
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