The Empirical Research On The Relationship Between Corporate Governance Structure And Corporate Income Tax Evasion

In the background which tax evasion problem is grave, with this question that how the corporate government structure affect the corporate income tax evasion. We research the relationship between corporate government structure and corporate income tax evasion. First, we analyze the related research on corporate income tax evasion, corporate government structure and the relationship between them at home and abroad. Then, we develop a theoretical model about the relationship between corporate government structure and tax evasion, based on the theories: principal agent theory, effective tax planning theory, asymmetric information theory. Finally, we test our model and hypothesis by empirical research.The main study included four parts: The first part is mainly about the introductions of the articles'research context, research method and research content, including the charpter1. It also has reviewed and analyzed the relevant basic theories related to corporate income tax evasion and corporate government structure. The second part is the charpter2, it explains the conception and theories about corporate income tax evasion and corporate government structure. The third part which includes charpter3, 4, is the most important part in this paper. It does an empirical study about the relationship of income tax evasion and corporate government structure from the view of ownership structure, management characteristics, and supervisors'characteristics. The fourth part comes to the conclusion about how the corporate government structure affects the level of corporate income tax evasion, and then we put forward a series of policies and some suggestions for both corporate and government. At last, we put out the shortcomings of the article and the future research directions.The main conclusions of this paper include: (1) There is corporate income tax evasion in the listed company in our country. And there is difference in different industries. The levels of corporate income tax evasion are higher in the industries where there are less tax incentives than the industries where there are more tax incentives. (2)The relationship between managerial ownership and corporate income tax evasion level is positive correlation, the higher the shareholding ratio, the higher the level of tax evasion. Management who holds more share may share the same benefit function as shareholders', willing to reduce profits and cover up its own report. The results of tax evasion improve their level of return. (3) We believe that the number of meetings one year is an important indicator of the effectiveness of the Board of Supervisors. The frequency of the board of supervisors meeting effects corporate income tax evasion, which and tax evasion behavior was a significant negative correlation. (4) We prove that there is a significant difference between state-owned companies and non-state company by parameter test and nonparametric tests. The degree of ownership concentration can promote the level of corporate income tax evasion, especially in the non-state enterprises. (5) Company size, return on net assets, tax rates and the level of growth is significantly positive correlated with tax evasion, and there are negative relationships between financial leverage, moral hazard and tax evasion.