The Influence Of Female Executives On The Tendency Of Corporate Tax Avoidance

Tax avoidance is an important branch of tax research,and the research perspective tends to be diversified.Corporate governance structure has evolved into a trend that the separation between ownership and management,leading to the principal-agent problems between owners and managers.The theory provides a new perspective for the study about Tax Act.Meanwhile,academics began to explore the relationship between managers and tax avoidance,such as the Manager's role and their personal traits and so on.On one hand,the research about foreign tax avoidance behavior used the companies of Europe,but China have different social background,economic background,management systems,as well as the existence of a special State-owned holding company,therefore,people cannot directly apply the research conclusion to our company.So it demands us research deeply,which must be based on the actual situation of domestic companies,explore their tax avoidance,to promote China's academic research.The other hand,at the manager level,many literature studies have researched the relationship between the executive team features and the tax avoidance,such as gender,age,education,occupation executive and professional background,job category,the service time and so on.In addition,with the rising proportion of female executives,there are many researcher direction about them.Nevertheless,the research,female executives effect corporate tax avoidance behavior,is still rare.Therefore,we hope we can research the influence of female executives on corporate tax avoidance in a deep degree based on the China's listed companies.Based on the above discussion,the paper using the data about China listed company,considering delegate agent,and senior echelon,and human capital differences theory,dividing into State-owned enterprise and non-State-owned enterprise two sample group according to actual control people nature,research the following two a aspects of problem:first,women executives produce the effect on enterprise's tax behavior;second,under the regulation of the market competition,female executives will affect corporate tax avoidance.Thus,we choose the data from 2013 to 2015 in Csmar database and eventually selected a research sample.Proportion of female executives in listed companies are explanatory variables,listed the company's tax level are variable,market competition are moderators variables,company size,asset-liability ratio,tangible capital intensity are control variables,then the paper do the statistical analysis.Finally according to the empirical analysis,proposed conclusions of this paper.Research conclusion main has:first,in China listed company,regardless of property right,women executives can significantly reduce Enterprise avoidance tax degree;second,and compared with State-owned enterprise,in non-State-owned enterprise the effect that women executives can reduce avoidance tax behavior is more significantly;third,in the non-State-owned enterprise,fierce market competition will weakened the effect that women executives can reduce Enterprise avoidance tax degree,but in State-owned enterprise,fierce market competition is not obviously modified.