Tax Avoidance Activities and Investment Efficiency

DOI

10.2991/hsmet-19.2019.59How to use a DOI?

Keywords

Tax avoidance, Investment efficiency, Agency theory.

Abstract

Tax avoidance activities tend to aggravate the degree of information asymmetry inside and outside the enterprise, and will distort incentive contracts and cause agency problems. Information asymmetry and agency problems are important reasons for inefficient investment. Therefore, this paper expects that the higher the degree of tax avoidance of enterprises, the lower the investment efficiency.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Mengjiao Zheng
PY  - 2019/07
DA  - 2019/07
TI  - Tax Avoidance Activities and Investment Efficiency
BT  - Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)
PB  - Atlantis Press
SP  - 330
EP  - 335
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-19.2019.59
DO  - 10.2991/hsmet-19.2019.59
ID  - Zheng2019/07
ER  -