Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange
Financial performance is the objective of any economic entity, regardless the domain it activates in. From the decision-making process perspective, the corporate tax is included in the equation of financial performance, considering that it has multiple informational facets at the company’s level. Co...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2016-12-01
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| Series: | Management and Economics Review |
| Subjects: | |
| Online Access: | http://mer.ase.ro/files/2016-2/12.pdf |
| _version_ | 1828451448272191488 |
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| author | Ileana Cosmina PITULICE Aurelia STEFANESCU Viorica Georgiana MINZU Adriana Florina POPA Arina Mihaela NICULESCU (DIACONU) |
| author_facet | Ileana Cosmina PITULICE Aurelia STEFANESCU Viorica Georgiana MINZU Adriana Florina POPA Arina Mihaela NICULESCU (DIACONU) |
| author_sort | Ileana Cosmina PITULICE |
| collection | DOAJ |
| description | Financial performance is the objective of any economic entity, regardless the domain it activates in. From the decision-making process perspective, the corporate tax is included in the equation of financial performance, considering that it has multiple informational facets at the company’s level. Considering the computation formula for the due tax as a premise, one can say that along with the economic development of the company, there is a positive correlation degree between it and the fiscal liability, determined by the multiplication of the number of transactions generating tax. Therefore, the corporate tax becomes relevant information for decision making in terms of organization form, reinvestment and others. In this context, our research plans to identify a relation between corporate tax and the financial performance of an entity. In this respect, two econometric models were built showing that the effective tax rate passes the tests of significance and influences the performance indicators in a negative way. |
| first_indexed | 2024-12-10T23:36:39Z |
| format | Article |
| id | doaj.art-b1661589bf7341f7a702e69f1fce1205 |
| institution | Directory Open Access Journal |
| issn | 2501-885X 2501-885X |
| language | English |
| last_indexed | 2024-12-10T23:36:39Z |
| publishDate | 2016-12-01 |
| publisher | Editura ASE |
| record_format | Article |
| series | Management and Economics Review |
| spelling | doaj.art-b1661589bf7341f7a702e69f1fce12052022-12-22T01:29:10ZengEditura ASEManagement and Economics Review2501-885X2501-885X2016-12-0112203216Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock ExchangeIleana Cosmina PITULICE0Aurelia STEFANESCU1Viorica Georgiana MINZU2Adriana Florina POPA3Arina Mihaela NICULESCU (DIACONU)4The Bucharest University of Economic Studies, RomaniaThe Bucharest University of Economic Studies, RomaniaThe Bucharest University of Economic Studies, RomaniaThe Bucharest University of Economic Studies, RomaniaValahia University of Targoviste, RomaniaFinancial performance is the objective of any economic entity, regardless the domain it activates in. From the decision-making process perspective, the corporate tax is included in the equation of financial performance, considering that it has multiple informational facets at the company’s level. Considering the computation formula for the due tax as a premise, one can say that along with the economic development of the company, there is a positive correlation degree between it and the fiscal liability, determined by the multiplication of the number of transactions generating tax. Therefore, the corporate tax becomes relevant information for decision making in terms of organization form, reinvestment and others. In this context, our research plans to identify a relation between corporate tax and the financial performance of an entity. In this respect, two econometric models were built showing that the effective tax rate passes the tests of significance and influences the performance indicators in a negative way.http://mer.ase.ro/files/2016-2/12.pdfcorporate taxnet profiteconometric modelfinancial performancefinancial positionRomania |
| spellingShingle | Ileana Cosmina PITULICE Aurelia STEFANESCU Viorica Georgiana MINZU Adriana Florina POPA Arina Mihaela NICULESCU (DIACONU) Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange Management and Economics Review corporate tax net profit econometric model financial performance financial position Romania |
| title | Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange |
| title_full | Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange |
| title_fullStr | Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange |
| title_full_unstemmed | Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange |
| title_short | Research of Corporate Tax Impact on Financial Performance. Case of Companies Listed on Bucharest Stock Exchange |
| title_sort | research of corporate tax impact on financial performance case of companies listed on bucharest stock exchange |
| topic | corporate tax net profit econometric model financial performance financial position Romania |
| url | http://mer.ase.ro/files/2016-2/12.pdf |
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