The Relationship between Board of Director’s Characteristics and Corporate Tax Planning of Listed Companies in the Stock Exchange of Thailand

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Teerachai Arunruangsirilert
Chantra Srihirunpunlop
Karuntarat Boonyawat

Abstract

This research aims to study the relationship between board of directors’ characteristics and tax planning as measured by the effective corporate income tax rate. This study used panel data analysis using fixed effect regression model to analyze data of listed companies in the Stock Exchange of Thailand in SET 100 between 2013 and 2017, totally 394 samples. The results show a significant negative relationship between the frequency of board meetings and the effective corporate income tax rate. A significant positive relationship was found between the proportion of female directors and the effective corporate income tax rate. This could imply that allocating more time to board meetings leads to more tax planning of listed companies, while a higher proportion of female directors leads to less tax planning of listed companies.

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How to Cite
Arunruangsirilert ธ., Srihirunpunlop จ., & Boonyawat ก. (2022). The Relationship between Board of Director’s Characteristics and Corporate Tax Planning of Listed Companies in the Stock Exchange of Thailand. Executive Journal, 42(1), 44–58. Retrieved from https://so01.tci-thaijo.org/index.php/executivejournal/article/view/247949
Section
Research Articles

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