Research on the impact of equity incentives on corporate tax avoidance

Abstract

Based on the principal-agent theory, this paper selects the data of China's A - share listed companies from 2008 to 2021 as the research sample, to empirically explore the impact of equity incentives on corporate tax avoidance. The result shows that equity incentives can promote corporate tax avoidance, agency cost is an important way for equity incentives to influence on corporate tax avoidance, overseas business significantly promotes the tax avoidance effect of equity incentive, and considering the nature of property rights , equity incentives promote tax avoidance of state-owned enterprises, the role is weaker than that of non-state-owned enterprises .Based on the regression results, it is necessary to grasp the focus of tax inspection, improve the tax law and develop mixed ownership economy.