Enterprise tax avoidance, executive pay and firm value—Evidence from the listed companies in Chinese market

本文在企业价值日渐成为投资者、政府及社会的焦点及国内外公司避税情况日益凸显的背景下，以委托代理理论视角，探究企业避税行为与企业价值之间的相关关系以及高管薪酬对企业避税行为与企业价值相关性的影响机理。本文通过研究借鉴国内外相关文献，在委托代理理论及最优契约理论的基础上，从CSMAR和WIND数据库中获取全部A股上市公司2008-2015年度的财务报表数据以及高管特征数据作为样本数据，以企业价值指标托宾Q为被解释变量、企业避税指标会计盈余-纳税盈余差异为解释变量、以高管薪酬作为调节变量，构建回归分析模型，选用面板数据回归方法进行实证计量分析，同时对模型及多重共线性检验等稳健性分析，确保实证结果的准...Nowadays, the enterprise value is becoming the focus of the government and the society and company tax situation. Meanwhile, company tax situation is growing at home and abroad. This paper is based on the principal-agent theory, and it’s aim to explore how executive pay effect on the relation between corporate tax avoidance behavior and firm value. In this article, we select financial statements a...学位：资产评估硕士院系专业：经济学院_资产评估硕士学号：1552014115190