Family involvement in management,kinship heterogeneity and tax avoidance
Using the data of Chinese A-share listed family firms from 2008 to 2020 as samples,the author investigates the impact of family involvement in management on tax avoidance from the perspective of kinship heterogeneity of family managers in the paper.Results show the increased family involvement in management significantly reduce tax avoidance of family firms.The stronger kinship heterogeneity of family managers weakens the negative influence of family involvement in management on tax avoidance.The further analysis results indicate both extended social and emotional wealth and type Ⅰ agency cost exert partial mediating effects between family involvement in management and tax avoidance.Family involvement in management has a more significantly negative impact on tax avoidance in family firms facing higher social trust level,more certain economic policy and stronger clan culture.The results have a certain reference value to explore how kinship heterogeneity of family managers affects tax avoidance and can also help the tax authorities to implement tax collection and management.
family involvement in managementtax avoidancekinship heterogeneitysocial and emotional wealthagency cost
NETL
NSTL
万方数据
