การวางแผนภาษี การกำกับดูแลกิจการ และราคาหลักทรัพย์: หลักฐานจากบริษัทจดทะเบียนในตลาดหลักทรัพย์แห่งประเทศไทย
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Abstract
The purpose of this study is to examine the relationship between tax planning and stock prices, corporate governance and stock prices, and the influence of corporate governance on the relationship between tax planning and stock prices. The study used the financial information of listed companies on the Stock Exchange of Thailand during the period 2017-2021 consisting of 1,175 observations from 235 companies. Analyzing through descriptive statistics, correlation coefficient analysis, and multiple regression analysis, the results show that companies implied tax planning strategy as the lower of average effective tax rates than the statutory tax rate present and the corporate governance assessment scores at excellent level tend to progressively increase. Moreover, the study finds that companies with high levels of tax planning and corporate governance assessment scores present high stock prices. Lastly, the moderating results indicate that companies with higher corporate governance assessment scores had an increased effect on the relationship between tax planning and stock prices.
Article Details
เนื้อหาและข้อมูลในบทความที่ลงตีพิมพ์ในวารสารสภาวิชาชีพบัญชี ถือเป็นข้อคิดเห็นและความรับผิดชอบของผู้เขียนบทความโดยตรงซึ่งกองบรรณาธิการวารสารไม่จำเป็นต้องเห็นด้วยหรือร่วมรับผิดชอบใด ๆ
บทความ ข้อมูล เนื้อหา รูปภาพ ฯลฯ ที่ได้รับการตีพิมพ์ในวารสารสภาวิชาชีพบัญชี ถือเป็นลิขสิทธิ์ของวารสารสภาวิชาชีพบัญชี หากบุคคลหรือหน่วยงานใดต้องการนำข้อมูลทั้งหมดหรือบางส่วนไปเผยแพร่ต่อหรือเพื่อกระทำการใดๆ จะต้องได้รับอนุญาตเป็นลายลักษณ์อักษรจากวารสารสภาวิชาชีพบัญชี ก่อนเท่านั้น
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