Background Characteristics Of Managers And Tax Planning:a Research On Chinese Listed Company

Along with China’s market economy system and tax system continuously improving, tax planning can help enterprises to realize the direct economic benefits and maximize the enterprise’s values. The key to implement tax planning is relying on the corporate executives; the executives’ background characteristics directly reflect the cognitive abilities and values, thereby affecting the behavior and decision of the executives. Therefore, the study of background characteristics of senior executives and tax planning do well for a better understanding of tax planning and strengthen the management team construction.Based on the study of correlation of top management team characteristics and tax planning, taking into account the chairman and chief financial officer has a personal impact on enterprises’ tax planning, we further study the relationship between chairman, chief financial officer and tax planning. In view of the difference between enterprises of different ownership system in our country under the selection of executive methods lead to executive background characteristics are different to some extent, this paper further distinguish between state-owned enterprises and non-state-owned enterprises in the sample for the study.The study found that executive average age, average tenure and average degree with tax planning are significantly correlated, chairman of the background characteristics in age, education effect tax planning; CFO of the background characteristics in age, tenure, degree and education effect tax planning; we also found that selections of different property of enterprises state-owned and non-state-owned enterprises executives’ background characteristics have significant impact on tax planning.