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    题名: 組織資本與租稅規避──經理人能力之調節效果
    Organizational Capital and Tax Avoidance: The Moderating Effect of Managerial Ability
    作者: 林柏任
    Lin, Po-Jen
    贡献者: 何怡澄
    郭振雄
    Ho, Yi-Cheng
    Kuo, Jenn-Shyong
    林柏任
    Lin, Po-Jen
    关键词: 組織資本
    經理人能力
    租稅規避
    Organizational capital
    Managerial ability
    Tax avoidance
    日期: 2022
    上传时间: 2022-08-01 17:12:25 (UTC+8)
    摘要: 組織資本之存在使企業營運效率提升，營運效率提升亦牽動著租稅效率之追求，而經理人能力於此之間所扮演的角色，為本研究動機所在。本研究欲探究之議題為，組織資本既是企業優勢，經理人是否憑藉此優勢，輔以其管理能力，從事租稅規避行為。本研究以1994年至2020年間美國上市公司為研究對象。組織資本之衡量採用Lev, Radhakrishnan, and Zhang (2009) 所發展的產出基礎衡量方法；經理人能力採用Demerjian, Lev, and McVay (2012) 建構的指標。研究結果顯示，經理人能力對於企業組織資本與租稅規避之正向關係具有調節效果，且此調節效果為負向，代表組織資本與經理人能力具替代關係，當經理人能力較高時，較不傾向利用高組織資本之優勢，進行租稅規避行為。本研究另以額外測試觀察組織資本與經理人能力對於企業未來績效之影響。本研究發現，於高組織資本之企業，經理人傾向將其能力發揮於企業核心營運，租稅規避並非高能力經理人首要考量之決策要素。
    The existence of organizational capital improves the operational efficiency of enterprises, and then affects the pursuit of tax efficiency. The role that managerial ability plays in the relation between organizational capital and tax avoidance is crucial in this study. This paper examines how managerial ability affects the positive relationship between organizational capital and tax avoidance by using the listed companies in U.S. from 1994 to 2020. We show that managerial ability has a negative moderating effect on the positive relationship between corporate organizational capital and tax avoidance, which means that organizational capital and managerial ability have a substitutional relationship. This result implies that managers with higher ability tend not to avoid tax in companies with higher organizational capital. In sensitivity analyses, we use four other tax avoidance proxies and adopt different measures of organizational capital and managerial ability to run regressions. Furthermore, we use instrumental variables method to alleviate endogeneity concerns. The results of sensitivity analyses are consistent with the primary results, proving the robustness of our research. In addition, we observe the impact of organizational capital and managerial ability on companies’ future performance. Overall, our evidences suggest that in companies with higher organizational capital, managers tend to exert their abilities in core operations, and tax avoidance is not the primary consideration in making decisions.
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    描述: 碩士
    國立政治大學
    會計學系
    109353102
    資料來源: http://thesis.lib.nccu.edu.tw/record/#G0109353102
    数据类型: thesis
    DOI: 10.6814/NCCU202200718
    显示于类别:[會計學系] 學位論文

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