Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)

Tax Avoidance Activities and Investment Efficiency

Authors
Mengjiao Zheng
Corresponding Author
Mengjiao Zheng
Available Online July 2019.
DOI
10.2991/hsmet-19.2019.59How to use a DOI?
Keywords
Tax avoidance, Investment efficiency, Agency theory.
Abstract

Tax avoidance activities tend to aggravate the degree of information asymmetry inside and outside the enterprise, and will distort incentive contracts and cause agency problems. Information asymmetry and agency problems are important reasons for inefficient investment. Therefore, this paper expects that the higher the degree of tax avoidance of enterprises, the lower the investment efficiency.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
July 2019
ISBN
978-94-6252-765-2
ISSN
2352-5398
DOI
10.2991/hsmet-19.2019.59How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Mengjiao Zheng
PY  - 2019/07
DA  - 2019/07
TI  - Tax Avoidance Activities and Investment Efficiency
BT  - Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)
PB  - Atlantis Press
SP  - 330
EP  - 335
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-19.2019.59
DO  - 10.2991/hsmet-19.2019.59
ID  - Zheng2019/07
ER  -