Corporate Governance,Tax Planning And The Actual Tax Burden

With the rapid development of China’s private listing Corporation, the companyincreasingly complex organizational structure, corporate governance problems graduallyemerged, domestic scholars for the study of governance structure of private company ismainly focused on the relationship between corporate governance structure and the qualityof accounting information, earnings management, operating performance and firm value.And tax planning which is an important tax behavior and financial activities, more andmore attention, is considered to be an important factor of enterprise strategic managementactivities, throughout the whole process of enterprise production and managementactivities. Combining the characteristics of private corporate governance structure andprivate listing Corporation tax planning research tendency, the optimization effect ofprivate listing Corporation governance structure, have certain theory meaning and realisticmeaning.This research mainly includes five parts: the first part mainly expounds the background,purpose and significance of research, research content, research methods, research ideasand the innovation of the article content; the second part is a review of related literature athome and abroad; the third part of this paper, the analysis of institutional backgroundanalysis and corporate governance structure theory of tax planning tendency relatedconcepts; the fourth part by establishing three models of actual controllers, directors ofcorporate governance structure will affect the three characteristics and managementfeatures of the tax planning tendency; the fifth part based on the above theoretical analysisand empirical analysis, concludes that the corporate governance structure of our countrythe company tax planning to influence, and put forward the related proposal.The main conclusions of this paper are:(1) the actual controller as chairman or generalmanager of the company’s tax planning tends to have a negative impact. The actualcontroller does not serve concurrently as the general manager or chairman of private listingCorporation, enterprise managers face a higher cost of financial report, tax planning tend toweak, tax planning will take more conservative, have higher ETR;(2) due to the impact ofthe status quo of the governance structure of listing Corporation in China, the system ofindependent directors of private listing Corporation tax planning a tendency not to inhibitdue;(3) the higher shareholding ratio management layer, management layer and the interests of the company more consistent tendency, tax planning, tax planning will takemore radical, have lower ETR.