The Causal Effect of Tax Planning on Firms’ Performance of Listed Companies in Thailand

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Published: Nov 29, 2018
Keywords:
tax planning firms’ performance effective tax rate

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Sathaya Thanjunpong
Patyot Dechsir

Abstract

This paper aims to examine the causal effect of tax planning on firms’ performance of listed companies on the Stock Exchange of Thailand exclude listed firms on financial sectors. The sample size consists of 873 firm-years which based on the study period between 2014-2016. Tax planning was measured by the effective tax rate (ETR). The firms’ performance was measured by market performance measure, Tobin’s Q, and accounting performance was measured by return on equity (ROE), return on sales (ROS) and earnings per share (EPS). The correlation analysis and multiple regression analysis were used for data analysis. The results indicated that tax planning had the negative effects on firm value measure (Tobin’s Q) while it had the posittive effects on accounting performance

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How to Cite
Thanjunpong, S., & Dechsir, P. (2018). The Causal Effect of Tax Planning on Firms’ Performance of Listed Companies in Thailand. University of the Thai Chamber of Commerce Journal Humanities and Social Sciences, 38(3), 1–13. Retrieved from https://so06.tci-thaijo.org/index.php/utccjournalhs/article/view/157959
Issue
Vol. 38 No. 3 (2018): July-September 2018
Section
Research Articles

ลิขสิทธิ์ของบทความ

ผลงานที่ได้รับการตีพิมพ์ถือเป็นลิขสิทธิ์ของมหาวิทยาลัยหอการค้าไทย ห้ามมิให้นำเนื้อหา ทัศนะ หรือข้อคิดเห็นใด ๆ ของผลงานไปทำซ้ำ ดัดแปลง หรือเผยแพร่ ไม่ว่าทั้งหมดหรือบางส่วนโดยไม่ได้รับอนุญาตเป็นลายลักษณ์อักษรจากมหาวิทยาลัยหอการค้าไทยก่อน

 

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