Corporate Social Responsibility and Tax Reporting Aggressiveness in a Transition Economy PDF Download

Author: Suwina Cheng
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Book Description
This paper examines the relationship between corporate social responsibility (CSR) and corporate tax in an environment where we expect this relation to be affected by the degree of market and institutional developments. Taking advantage of substantial crossregional variations in institutions in China, we find that in regions with a lower level of institutional development, firms claiming to act socially responsible engage more in aggressive tax reporting, consistent with the stockholder view of corporate social responsibility (CSR). In contrast, we find that in institutionally stronger regions, corporate social responsibility is more aligned with the social responsibility aspect of tax compliance, which supports the stakeholder view of CSR. Our results suggest that absent institutional infrastructures, CSR as corporate practice risks to become seen as nothing more than window-dressing.

Author: Mahmoud Elmogla
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The social and economic environments of developing countries differ from those of liberal market economies of the developed countries, and the differences are reflected in the accounting disclosure practices. Recent years have shown an increased attention paid by accounting research to Corporate Social Responsibility and Disclosure which is recognized as having the potential to enhance the transparency of business enterprises? social influence, enabling the wider society to hold business enterprises more accountable for their operations. Corporate Social Responsibility and Disclosure practices in most developing countries remain fairly rudimentary and relatively few studies have focused on the corporate social responsibility disclosure practices in such countries. The aim of this study is to investigate corporate social responsibility disclosure in Libyan companies? annual reporting in the light of the country?s economic, social and political environment. In particular, it seeks to map current corporate social disclosure in annual reports and to understand various parties? views of that practice and its possible future development. To achieve the aim and particular objectives of the study it was necessary to utilise more than one research method. Firstly, a descriptive method is used to provide an overview of accounting and its environment in a developing country, and the economic, social and political environment in Libya. Secondly, empirical evidence covering a five year period across a sample of private and public companies in Libyan environment is presented using content analysis to analyse the companies? annual reports. Finally, an empirical survey by personally delivered and collected questionnaire of 303 participants in four groups of research participants (academic accountants, financial managers, government officials and investors) was performed to explore the views and perceptions regarding corporate social reporting in Libya. The content analysis showed that Libyan companies generally disclose some information related to social responsibility. However, the amount of information is low compared with counterparts in developed countries. Employee and community involvement are the themes that the companies disclose most information about. The findings from the questionnaire survey indicate that participants preferred social information to be disclosed in the annual report, ideally placed in a separate section. The disclosure of more social and environmental information was widely accepted and viewed as leading to some socioeconomic benefits at the macro level.

Author: Issam Laguir
Publisher:
ISBN:
Category :
Languages : en
Pages : 32

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Book Description
Recent years have seen a considerable increase in the literature concerning the separate areas of corporate social responsibility and corporate tax aggressiveness. However, comparatively little scholarly attention has been paid to the link between the two. This paper examines how the different activities of corporate social responsibility affect corporate tax aggressiveness. A structural model was tested using partial least squares regression to determine whether the relationships between corporate social responsibility dimensions and tax aggressiveness are positive or negative. Based on a sample of French publicly listed firms, the results indicate that a firm's tax aggressiveness depends on the nature of its corporate social responsibility activities. Notably, the study demonstrates that greater the activity in the social dimension of corporate social responsibility, the lower the level of corporate tax aggressiveness will be, whereas high activity in the economic dimension is associated with a high level of tax aggressiveness. These results extend the prior literature concerning the relationship between corporate social responsibility and tax aggressiveness and suggest that the nature of the relationship, whether negative or positive, tends to differ across the corporate social responsibility dimensions. Overall, the study provides unique insight into the association between CSR activities and corporate tax aggressiveness. Indeed, the paper strongly supports the current literature and argues that the dimensions of corporate social responsibility should not be aggregated into a single measure because interesting and explanatory information is lost when such a method is used, especially with regard to an issue like corporate tax aggressiveness.

Author: Bronwyn McCredie
Publisher:
ISBN:
Category :
Languages : en
Pages : 29

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Book Description
Purpose - The purpose of this paper is to empirically test whether corporates, via publicly disclosed sentiment, and in response to government initiatives such as domestic corporate tax reform measures that address transparency, are beginning to view tax as a fourth dimension of of corporate social responsibility (CSR).Design/methodology/approach - To determine whether corporate attitudes towards tax are changing, representations about the corporate entity by a variety of stakeholders and through numerous channels were analysed using Leximancer software. These representations were in response to four distinct Australian domestic tax reform measures instituted during and subsequent to the Australian Government Senate Inquiry into corporate tax avoidance. The use of Leximancer, a data analysis and mapping software that automates the coding of document text, delineates concepts, and identifies themes, is well-suited to the nature and size of the data employed (Lodhia and Martin, 2011) and ensures the validity and reliability of the results (Dumay, 2014).Findings - This paper provides evidence on the efficacy of global and domestic tax reform measures that target tax avoidance through transparency. This is demonstrated by a progressive change in corporate attitudes towards tax and suggests a transition, albeit nascent, from the aggregate view to the real entity view of a corporation. As such, this study provides evidence of the inception of a corporate conscience when it comes to tax, whereby tax is instituted as a fourth dimension of CSR.Research implications - Using a theoretical framework which adopts the historically accepted views of the firm, the authors argue that a shift from the aggregate view to the real entity view of a corporation will have the following implications: an expansion of the dimensional factors of CSR (economic, social, environmental and tax); a new standard or definition of corporate responsibility which encompasses both legal and moral considerations and has transparency at its core (Narotzki, 2016); and a new outlook where consumers realise that they have the power to influence and demand action from corporates.Originality/value - This paper uses state of the art software to empirically test the efficacy of global and domestic tax reform measures that target transparency, ultimately providing evidence supporting the adoption of these measures and the recognition of a new dimension of CSR, tax.

Author: Karen Wendt
Publisher: CRC Press
ISBN: 1351652265
Category : Business & Economics
Languages : en
Pages : 222

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Book Description
Innovations and consequently future-fitness must form new models and address existing hurdles and new forms of collaborations. They must enable faster innovation cycles and "intelligence mining" by combining open and closed source systems, organic communities, open space techniques and cross-fertilization. Innovations must apply to and integrate incubation and acceleration networks. This book explores new concepts for future-fitness with five capitals: financial, ecological, social/cultural, human/personal, and manufactured/technological. It offers a new integral framework bringing researchers and business leaders together in one volume.

Author: Manuel Castelo Branco
Publisher: Springer Nature
ISBN: 3662637359
Category : Law
Languages : en
Pages : 137

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Book Description
This book introduces in an accessible way how CSR and its reporting are being used to address problems of corruption and tax evasion or tax avoidance. It discusses the efforts, both of organizations and governments to integrate these issues into CSR practices and the developments that have occurred at the levels of national and international legislation. The book analyses governments efforts to compel or try to induce companies to have practices more in line with what is expected of them in terms of combating corruption and paying their fair share. The book is suitable for students of CSR and Business Ethics, practitioners and researchers on CSR and corporate issues.

Author: D. Hawkins
Publisher: Springer
ISBN: 0230625819
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
Many companies recognize the importance of corporate social responsibility, but seek to understand how this can be harmonized with current profitability. This new approach draws upon many contemporary examples to show how to balance short term profitability with long term sustainability.

Author: Ralph Tench
Publisher: Emerald Group Publishing
ISBN: 1780529996
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
Corporate social responsibility (CSR) has become an increasingly heated topic since the 1980s. This title proposes that the concept of Corporate Social Irresponsibility (CSI) offers a better theoretical platform to avoid the vagueness, ambiguity, arbitrariness and mysticism of CSR.

Author: Wolfgang Schön
Publisher: Springer Science & Business Media
ISBN: 3540772766
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
Academic research shows that well-known principal-agent and capital market problems are strongly influenced by tax considerations. Against this background, this volume is the first to present a fully-fledged overview of the interdependence of tax and corporate governance. Not only the basic political, legal and economic questions but also major topics like income measurement, shareholding structures, corporate social responsibility and tax shelter disclosure are covered.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264192743
Category :
Languages : en
Pages : 91

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Book Description
This report presents studies and data available regarding the existence and magnitude of base erosion and profit shifting (BEPS), and contains an overview of global developments that have an impact on corporate tax matters.