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Outside Directors, Corporate Social Responsibility Performance, and Corporate Tax Aggressiveness: An Empirical Analysis
16 references·16 citing·48 second hopsampled
Outside Directors, Corporate Social Responsibility Performance, and Corporate Tax Aggressiveness: An Empirical Analysis (2016)Outside Directors, Corporate Social Respo…External Control of Organizations: Resource Dependence Perspective (2011)External Control of Organizat…A review of tax research (2010)A review of tax researchThe relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)The relationship between corp…Boards: Does one size fit all☆ (2007)Boards: Does one size fit all☆Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives (2003)Boards of Directors and Firm …Econometric Analysis of Cross Section and Panel Data (2001)Econometric Analysis of Cross…Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)Disappearing dividends: chang…THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK (1997)THE CORPORATE SOCIAL PERFORMA…Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)Firm Performance and Mechanis…Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Causes and Consequences of Ea…Corporate social and environmental reporting (1995)Corporate social and environm…The effect of bonus schemes on accounting decisions (1985)The effect of bonus schemes o…Separation of Ownership and Control (1983)Separation of Ownership and C…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…The External Control of Organizations: A Resource Dependence Perspective (1979)The External Control of Organ…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Corruption prevention practices and tax avoidance: The moderating effect of corporate board characteristics (2024)Corruption prevention practic…A PRISMA‐Based Systematic Review on Economic, Social, and Governance Practices: Insights and Research Agenda (2024)A PRISMA‐Based Systematic Rev…Does CSR affect tax avoidance? Moderating role of political connections in Bangladesh banking sector (2023)Does CSR affect tax avoidance…Corporate governance and tax avoidance: evidence from an emerging market (2023)Corporate governance and tax …Complements, substitutes or neither? A review of the relation between corporate social responsibility and corporate tax avoidance (2023)Complements, substitutes or n…The role of corporate board and auditors in tax planning: evidence from Italy (2022)The role of corporate board a…Do emerging and developed countries differ in terms of sustainable performance? Analysis of board, ownership and country-level factors (2022)Do emerging and developed cou…Voluntary disclosure, tax avoidance and family firms (2021)Voluntary disclosure, tax avo…Do Overlapped Audit Committee Directors Affect Tax Avoidance? (2021)Do Overlapped Audit Committee…CSR and tax avoidance: A review of empirical research (2021)CSR and tax avoidance: A revi…Are narcissistic CEOs more tax aggressive? The moderating role of internal audit committees (2021)Are narcissistic CEOs more ta…A Review of Corporate Social Responsibility and Reputational Costs in the Tax Avoidance Literature* (2021)A Review of Corporate Social …The Role of Gender Diversity on Tax Aggressiveness and Corporate Social Responsibility: Evidence from Italian Listed Companies (2020)The Role of Gender Diversity …Shareholder value and dividend policy: the role of ESG strategies (2020)Shareholder value and dividen…The moderating effect of the board of directors on firm value and tax planning: Evidence from European listed firms (2019)The moderating effect of the …The Impact of Corporate Tax Avoidance on Board of Directors and CEO Reputation (2018)The Impact of Corporate Tax A…Sociological Paradigms and Organizational Analysis. (1983)Data in Search of a Theory: A Critical Examination of the Relationships Among Social Performance, Social Disclosure, and Economic Performance of U.S. Firms (1985)Images of Organization (1986)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Stakeholder Theory: The State of the Art (2010)The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context (2015)Earnings Management During Import Relief Investigations (1991)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Detecting Earnings Management. (1995)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A resource‐based view of the firm (1984)Social Capital in the Creation of Human Capital (1988)Resource Dependence Theory: A Review (2009)The Impact of Board Diversity and Gender Composition on Corporate Social Responsibility and Firm Reputation (2010)Institutional Complexity and Organizational Responses (2011)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Corporate social responsibility and access to finance (2013)The China Syndrome: Local Labor Market Effects of Import Competition in the United States (2013)A Three-Dimensional Conceptual Model of Corporate Performance (1979)Competitive Strategy: Techniques for Analyzing Industries and Competitors (1980)Corporate Social Performance Revisited (1991)Corporate Social Responsibility: A Theory of the Firm Perspective (2001)Corporate Social and Financial Performance: A Meta-Analysis (2003)Misery Loves Companies: Rethinking Social Initiatives by Business (2003)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)A Survey of Corporate Governance (1997)Dynamic capabilities and strategic management (1997)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Organizational Information Requirements, Media Richness and Structural Design (1986)Managing Legitimacy: Strategic and Institutional Approaches (1995)The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage (1998)Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts (1997)Organizing and the Process of Sensemaking (2005)
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References

  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 2011External Control of Organizations: Resource Dependence Perspective14,181 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1979The External Control of Organizations: A Resource Dependence Perspective9,172 cited
  • 1997THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK6,756 cited
  • 1996Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC*4,076 cited
  • 1995Corporate social and environmental reporting3,320 cited
  • 2003Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives3,311 cited
  • 1985The effect of bonus schemes on accounting decisions3,311 cited
  • 2010A review of tax research3,167 cited
  • 2008The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis3,151 cited
  • 2007Boards: Does one size fit all☆3,088 cited
  • 2001Disappearing dividends: changing firm characteristics or lower propensity to pay?

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3,039 cited
  • 1996Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders2,809 cited
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