The Empirical Analysis Of The Relationship Between Ownership Structure、the Process Of Marketization And The Income Tax Avoidance Of Listed Companies

This paper is in the context of the tax avoidance in the domestic and foreign companiesmore and more prominent, with the question of whether the ownership of listed companieswill be lead to a deterioration of income tax avoidance. in the analysis, we establish thetheoretical model between the the ownership structure of the listed companies and the taxavoidance, and we confirm the thesis about ownership structure、the process of market withthe tax avoidance though the empirical research.In this paper, we use the nature of shares、ownership concentration、the balance ofownership and the Cross-variables to measure the ownership structure of listed company, andwe measure the process of the market though the government supervision. We use thesevariables to research the relationships. The measure of the tax avoidance is a major problemof this article, though the research of the home and abroad articles on tax avoidance, thispaper finally decided to use the effective income tax rate as a measure of the degree.Through this study, the main conclusions are:(1) The tax avoidance is true in the Chinacompanies, and there are industry differences. The less tax benefits have more motivation ofthe degree of tax avoidance.(2) The relationship between ownership concentration andcorporate income tax level is related and affected by the type of shares.(3) The relationshipbetween the balance of shares and corporate income tax is positive correlation, but alsoaffected by the type of equity.(4) The relationship between proportion of executive ownershipof listed companies and corporate income tax level is positive correlation.(5)The process ofmarket and corporate income tax is negative correlation.In China, the tax income of listed companies is always the main source of tax revenue. Inrecent years, China’s economy continues to grow under the conditions, the tax has beenstubbornly in the high rate, which impact our tax revenue, thus affecting the ability of China’smacro-control and effective allocation of the resources. Through this study, can be effectivefor the tax authorities in tax collection and management system, and make recommendationsto reduce the companies not legitimate tax avoidance.