高管激励、商业战略与企业所得税规避程度关系研究高管激励、商业战略与企业所得税规避程度关系研究.pdf

Modern Management 现代管理, 2014, 4, 44-53 Published Online August 2014 in Hans. /journal/mm /10.12677/mm.2014.44007 Study on the Relationship among the Executive Incentive, Business Strategy and the Degrees of Enterprise Income Tax Avoidance Xinhua Liu1*, Li Yuan2 1 Dongling School of Economics and Management, University of Science and Technology Beijing, Beijing 2 Financial Department, Chinese Gezhouba Dam Group Real Estate Development Co., Ltd., Beijing * Email: liuxh@ rd th st Received: Jul. 3 , 2014; revised: Jul. 20 , 2014; accepted: Aug. 1 , 2014 Copyright © 2014 by authors and Hans Publishers Inc. This work is licensed under the Creative Commons Attribution International License (CC BY). /licenses/by/4.0/ Abstract Executive incentive can exert important influences on corporate tax avoidance behavior, and business strategy also has a significant impact on tax avoidance decision. This paper studies the relationship between the executive incentive and the degrees of enterprise income tax avoidance and different business strategy made of the two. The research suggests that monetary motivation can prompt the company to avoid tax in the short run. However, because of the cost of the tax avoidance, the correlation between the employee stock option and enterprise income tax avoid- ance is negative in the long run. In addition, the study finds that firms adopting prospector strate- gy is more preference to avoid enterprise income tax while firms adopting defender strategy is more negative to avoid enterprise income tax. Keywords Executive Incentive, Business Strategy, Corporate Income Tax, Tax