The Impact of Corporate Tax Avoidance on Board of Directors and CEO Reputation

Lanis, R; Richardson, G; Liu, C; McClure, R

The Impact of Corporate Tax Avoidance on Board of Directors and CEO Reputation

Lanis, R

Richardson, G Liu, C McClure, R

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Publication Type:: Journal Article
Citation:: Journal of Business Ethics, 2019, 160 (2), pp. 463 - 498
Issue Date:: 2019-12-01

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Field	Value	Language
dc.contributor.author	Lanis, R https://orcid.org/0000-0002-1821-8345	en_US
dc.contributor.author	Richardson, G	en_US
dc.contributor.author	Liu, C	en_US
dc.contributor.author	McClure, R https://orcid.org/0000-0002-4876-0071	en_US
dc.date.issued	2019-12-01	en_US
dc.identifier.citation	Journal of Business Ethics, 2019, 160 (2), pp. 463 - 498	en_US
dc.identifier.issn	0167-4544	en_US
dc.identifier.uri	http://hdl.handle.net/10453/139098
dc.description.abstract	© 2018, Springer Nature B.V. This study examines the impact of corporate tax avoidance on board of directors and chief executive officer (CEO) reputation. Our regression results show that when firms engage in tax avoidance, both directors and CEOs, on average, are rewarded by improvements in their reputations as proxied by an increased number of outside board seats. In particular, both independent directors and non-CEO executive directors undergo positive changes in reputation. We also find that CEOs of tax-aggressive firms experience enhanced reputations by gaining extra board seats. Our main regression results hold based on additional analyses. Overall, this study provides important empirical evidence confirming an association between tax avoidance and the individual reputations of directors and CEOs.	en_US
dc.relation.ispartof	Journal of Business Ethics	en_US
dc.relation.isbasedon	10.1007/s10551-018-3949-4	en_US
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject.classification	Applied Ethics	en_US
dc.title	The Impact of Corporate Tax Avoidance on Board of Directors and CEO Reputation	en_US
dc.type	Journal Article
utslib.citation.volume	2	en_US
utslib.citation.volume	160	en_US
utslib.for	1503 Business and Management	en_US
utslib.for	1505 Marketing	en_US
utslib.for	2201 Applied Ethics	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Accounting Discipline
utslib.copyright.status	closed_access	*
pubs.issue	2	en_US
pubs.publication-status	Published	en_US
pubs.volume	160	en_US

Abstract:

© 2018, Springer Nature B.V. This study examines the impact of corporate tax avoidance on board of directors and chief executive officer (CEO) reputation. Our regression results show that when firms engage in tax avoidance, both directors and CEOs, on average, are rewarded by improvements in their reputations as proxied by an increased number of outside board seats. In particular, both independent directors and non-CEO executive directors undergo positive changes in reputation. We also find that CEOs of tax-aggressive firms experience enhanced reputations by gaining extra board seats. Our main regression results hold based on additional analyses. Overall, this study provides important empirical evidence confirming an association between tax avoidance and the individual reputations of directors and CEOs.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/139098