CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance

AbstractThis research aims to confirm the reliability of agency theory as an approach to explaining the impact of CEO narcissism, corporate governance as represented by boards of size and female directors, financial distress, and company size on corporate tax avoidance. In this quantitative study, c...

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Main Authors: Nawang Kalbuana, Muhamad Taqi, Lia Uzliawati, Dadan Ramdhani
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2023.2167550
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author Nawang Kalbuana
Muhamad Taqi
Lia Uzliawati
Dadan Ramdhani
author_facet Nawang Kalbuana
Muhamad Taqi
Lia Uzliawati
Dadan Ramdhani
author_sort Nawang Kalbuana
collection DOAJ
description AbstractThis research aims to confirm the reliability of agency theory as an approach to explaining the impact of CEO narcissism, corporate governance as represented by boards of size and female directors, financial distress, and company size on corporate tax avoidance. In this quantitative study, companies trading on the Indonesia stock exchange in 2017–2021 serve as the population and the research samples. This study uses panel data to integrate concepts, theories, and data on research variables in the investigation of ordinary least squares, random effects, and fixed effects with Stata software. Principals can use panel data-based research with testing to choose agents to run the business. Analyzing panel data is one way to test research that gives more accurate results. According to the first finding, CEO narcissism has a negative impact on corporate tax avoidance; the second finding, the board size had a positive impact on this strategy; the third finding, female directors had a positive impact on this strategy; the fourth finding is that financial distress does not affect this strategy; and on the fifth finding, the company size, the less likely its leaders are to engage in corporate tax avoidance strategies. The results of this study support agency theory in finding empirical evidence about the influence of CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance with limitations on sampling in companies listed on the Indonesia Stock Exchange with the LQ 45 category.
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spelling doaj.art-a95ed7a19dce4795886b7022c4c54cbe2023-07-28T20:55:15ZengTaylor & Francis GroupCogent Business & Management2331-19752023-12-0110110.1080/23311975.2023.2167550CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidanceNawang Kalbuana0Muhamad Taqi1Lia Uzliawati2Dadan Ramdhani3Faculty of Economics and Business, Sultan Ageng Tirtayasa University, Banten, IndonesiaFaculty of Economics and Business, Sultan Ageng Tirtayasa University, Banten, IndonesiaFaculty of Economics and Business, Sultan Ageng Tirtayasa University, Banten, IndonesiaFaculty of Economics and Business, Sultan Ageng Tirtayasa University, Banten, IndonesiaAbstractThis research aims to confirm the reliability of agency theory as an approach to explaining the impact of CEO narcissism, corporate governance as represented by boards of size and female directors, financial distress, and company size on corporate tax avoidance. In this quantitative study, companies trading on the Indonesia stock exchange in 2017–2021 serve as the population and the research samples. This study uses panel data to integrate concepts, theories, and data on research variables in the investigation of ordinary least squares, random effects, and fixed effects with Stata software. Principals can use panel data-based research with testing to choose agents to run the business. Analyzing panel data is one way to test research that gives more accurate results. According to the first finding, CEO narcissism has a negative impact on corporate tax avoidance; the second finding, the board size had a positive impact on this strategy; the third finding, female directors had a positive impact on this strategy; the fourth finding is that financial distress does not affect this strategy; and on the fifth finding, the company size, the less likely its leaders are to engage in corporate tax avoidance strategies. The results of this study support agency theory in finding empirical evidence about the influence of CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance with limitations on sampling in companies listed on the Indonesia Stock Exchange with the LQ 45 category.https://www.tandfonline.com/doi/10.1080/23311975.2023.2167550CEO narcissismcorporate governancefinancial distresscompany sizecorporate tax avoidanceZ1
spellingShingle Nawang Kalbuana
Muhamad Taqi
Lia Uzliawati
Dadan Ramdhani
CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance
Cogent Business & Management
CEO narcissism
corporate governance
financial distress
company size
corporate tax avoidance
Z1
title CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance
title_full CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance
title_fullStr CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance
title_full_unstemmed CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance
title_short CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance
title_sort ceo narcissism corporate governance financial distress and company size on corporate tax avoidance
topic CEO narcissism
corporate governance
financial distress
company size
corporate tax avoidance
Z1
url https://www.tandfonline.com/doi/10.1080/23311975.2023.2167550
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AT liauzliawati ceonarcissismcorporategovernancefinancialdistressandcompanysizeoncorporatetaxavoidance
AT dadanramdhani ceonarcissismcorporategovernancefinancialdistressandcompanysizeoncorporatetaxavoidance