Abstract
This study considers the effect of board of director composition on corporate tax aggressiveness. Our logit regression results for a choice-based sample of 32 corporations comprising 16 tax-aggressive corporations and 16 non-tax-aggressive corporations show that the inclusion of a higher proportion of outside members on the board of directors reduces the likelihood of tax aggressiveness. The ordinary least squares regression results from our sensitivity analysis of a cross-section of 401 corporations confirm our main results about board of director composition and tax aggressiveness.
| Original language | English |
|---|---|
| Pages (from-to) | 50-70 |
| Number of pages | 21 |
| Journal | Journal of Accounting and Public Policy |
| Volume | 30 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 1 Jan 2011 |
| Externally published | Yes |