Tác động của đặc điểm ceo đến hành vi tránh thuế tại các công ty niêm yết trên thị trường chứng khoán Việt Nam
Ngày xuất bản Online:
25/12/2025
Chuyên mục:
Tài chính, Ngân hàng, Kế toán, Kiểm toán
Nội dung chính của bài viết
Tóm tắt
Nghiên cứu này nhằm đánh giá tác động của đặc điểm CEO đến hành vi tránh thuế tại 405 công ty phi tài chính niêm yết trên thị trường chứng khoán Việt Nam giai đoạn 2012-2023. Nghiên cứu sử dụng phương pháp hồi quy tối thiểu tổng quát hóa (FGLS) với biến phụ thuộc đại diện tránh thuế được đo lường theo thuế suất hiệu dụng và các biến độc lập là đặc điểm CEO. Kết quả hồi quy thừa nhận chỉ có đặc điểm chuyên môn của CEO có tác động tiêu cực và có ý nghĩa đến tránh thuế, các đặc điểm còn lại chưa thấy bằng chứng thể hiện tương quan đến tránh thuế. Đồng thời, thông qua kết quả nghiên cứu, tác giả cũng đề xuất các hàm ý quản trị liên quan đến việc bổ nhiệm CEO với vai trò lãnh đạo để kiểm soát hành vi tránh thuế nhằm thực hiện được yêu cầu hiệu quả hoạt động nhưng cũng tuân thủ các quy định đối với Nhà nước.
Abstract
This study aims to assess the impact of CEO characteristics on tax avoidance behavior at 405 non-financial companies listed on the Vietnamese stock market from 2012 to 2023. The study uses the generalized least squares regression method (FGLS) with the dependent variable representing tax avoidance measured by the effective tax rate, and the independent variables are CEO characteristics. The regression results acknowledge that only the educational level of the CEO has a negative and significant impact on tax avoidance; the remaining characteristics are not correlated with tax avoidance. At the same time, through the research results, the author also proposes managerial implications related to the appointment of CEOs in leadership roles to control tax avoidance behavior, thereby meeting the requirements of operational efficiency while also complying with state regulations.
Từ khóa
Đặc điểm CEO; Chuyên môn CEO; Giới tính CEO; Sự kiêm nhiệm của CEO; Tránh thuế
Chi tiết bài viết
Lĩnh vực kinh tế (JEL Codes)
D22 - Firm Behavior: Empirical Analysis - Production and Organizations, G34 - Mergers • Acquisitions • Restructuring • Corporate Governance - Corporate Finance and Governance
Tài liệu tham khảo
Atwood, T. J., Drake, M. S., Myers, J. N., & Myers, L. A. (2012). Home country tax system characteristics and corporate tax avoidance: International evidence. The Accounting Review, 87(6), 1831-1860. https://www.jstor.org/stable/41721916
Armstrong, C. S., Blouin, J. L., & Larcker, D. F. (2012). The incentives for tax planning. Journal of Accounting and Economics, 53(1–2), 391–411. https://doi.org/10.1016/j.jacceco.2011.04.001
Aronmwan, E. J., & Okafor, C. (2019). Corporate tax avoidance: review of measures and prospects. International Journal of Accounting & Finance, 8(2), 21 -42.
Aronmwan, E. J., Okafor, C., & Ilaboya, O. J., (2023) Chief executive officers’ attributes and corporate tax avoidance in listed companies in sub-Saharan Africa. International Journal of Contemporary Accounting, 12(1), 38-66. https://www.researchgate.net/publication/374290393_Chief_executive_offices'_attributes_and_corporate_tax_avoidance_in_listed_companies_in_sub-Saharan_Africa
Baghdadi, G., Podolski, E. J., & Veeraraghavan, M. (2022). CEO risk-seeking and corporate tax avoidance: Evidence from pilot CEOs. Journal of Corporate Finance, 76. https://doi.org/10.1016/j.jcorpfin.2022.102282
Bird, R., & Davis-Nozema.ck, K. (2018). Tax avoidance as a sustainability problem. Journal of Business Ethics, 151, 1009–1025. https://doi.org/10.1007/s10551-016-3162-2
Chen, M., Zhao, K., & Jin, W. (2024). Corporate digital transformation and tax avoidance: Evidence from China. Pacific-Basin Finance Journal, 85. https://doi.org/10.1016/j.pacfin.2024.102400
Chen, S., Chen, X., Cheng, Q., & Shevlin, T. (2010). Are family firms more tax aggressive than non-family firms?. Journal of Financial Economics, 95(1), 41-61. https://doi.org/10.1016/j.jfineco.2009.02.003
Duan, T., Ding, R., Hou, W., & Zhang, J. Z. (2018). The burden of attention: CEO publicity and tax avoidance. Journal of Business Research, 87, 90–101. https://doi.org/10.1016/j.jbusres.2018.02.010
Dyreng, S. D., Hanlon, M., & Maydew, E. L. (2008). Long-run corporate tax avoidance. The Accounting Review, 83(1), 61–82. https://doi.org/10.2308/accr.2008.83.1.61
Dyreng, S. D., Hanlon, M., Maydew, E. L., & Thornock, J. R. (2017). Changes in corporate effective tax rates over the past twenty-five years. Journal of Financial Economics, 124(3), 441-463. https://doi.org/10.1016/j.jfineco.2017.04.001
Ezeala, G. Okerekeoti, C.U (2021). Corporate governance and tax avoidance: An empirical study of quoted food and beverage firms in Nigeria. International Journal of Research in Education and Sustainable Development, 1(9), 1-14. Truy cập tại https://www.researchgate.net/publication/361037720_CORPORATE_GOVERNANCE_AND_TAX_AVOIDANCE_AN_EMPIRICAL_STUDY_OF_QUOTED_FOOD_AND_BEVERAGE_FIRMS_IN_NIGERIA
Faccio, M., Marchica, M.-T., & Mura, R. (2016). CEO gender, corporate risk-taking, and the efficiency of capital allocation. Journal of Corporate Finance, 39, 193–209. https://doi.org/10.1016/j.jcorpfin.2016.02.008
Francis, B. B., Hasan, I., Wu, Q., & Yan, M. (2014). Are female CFOs less tax aggressive? Evidence from Tax Aggressiveness. The Journal of the American Taxation Association, 36(2), 171–202. https://doi.org/10.2308/atax-50819
Frank, M. M., Lynch, L. J., & Rego, S. O. (2009). Tax reporting aggressiveness and its relation to aggressive financial reporting. The Accounting Review, 84(2), 467–496. https://doi.org/10.2308/accr.2009.84.2.467
Frey, L. (2018). Tax certified individual auditors and effective tax rates. Business Research, 11, 77-114. https://doi.org/10.1007/s40685-017-0057-8
Frey, M. C., & Detterman, D. K. (2004). Scholastic Assessment or g?: The relationship between the scholastic assessment test and general cognitive ability: The relationship between the scholastic assessment test and general cognitive ability. Psychological Science, 15(6), 373–378. https://doi.org/10.1111/j.0956-7976.2004.00687.x
Garcia-Blandon, J., Argilés-Bosch, J. M., Ravenda, D., & Castillo-Merino, D. (2022). Board gender quotas, female directors and corporate tax aggressiveness: A causal approach. International Review of Financial Analysis, 79. https://doi.org/10.1016/j.irfa.2021.102010
Gounopoulos, D. & Pham, H. (2018). Financial expert CEOs and earnings management around initial public offerings. The International Journal of Accounting, 53(2), 102-117. https://doi.org/10.1016/j.intacc.2018.04.002
Gul, F. A., Khedmati, M., & Shams, S. M. M. (2020). Managerial acquisitiveness and corporate tax avoidance. Pacific-Basin Finance Journal, 64. https://doi.org/10.1016/j.pacfin.2018.08.010
Guo, X., Wei, T., Wang, A., & Hu, H. (2024). Corporate governance effects of digital finance: Evidence from corporate tax avoidance in China. Research in International Business and Finance, 72. https://doi.org/10.1016/j.ribaf.2024.102526
Hambrick, D. C. (2007). Upper echelons theory: An update. The Academy of Management Review, 32(2), 334-343. https://www.jstor.org/stable/20159303
Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193–206. https://doi.org/10.5465/amr.1984.4277628
Hanlon, M., & Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50(2–3), 127–178. https://doi.org/10.1016/j.jacceco.2010.09.002
Hoffman, W. H. (1961). The theory of tax planning. The Accounting Review, 36(2), 274-281. https://www.jstor.org/stable/243232
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behaviour, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X
Kalbuana, N., Taqi, M., Uzliawati, L., & Ramdhani, D. (2023). CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance. Cogent Business & Management, 10(1). https://doi.org/10.1080/23311975.2023.2167550
Khlifi, S., Chouaibi, Y., & Chouaibi, S. (2025). Do ESG practices mediate the relationship between board characteristics and tax avoidance in G20 countries? Corporate Governance, 25(2), 288–310. https://doi.org/10.1108/CG-11-2023-0498
Kolias, G., & Koumanakos, E. (2022). CEO duality and tax avoidance: Empirical evidence from Greece. Journal of International Accounting, Auditing and Taxation, 47. https://doi.org/10.1016/j.intaccaudtax.2022.100465
Lanis, R., & Richardson, G. (2011). The effect of board of director composition on corporate tax aggressiveness. 30(1), 50-70. https://doi.org/10.1016/j.jaccpubpol.2010.09.003
Le, H. T. M., Kweh, Q. L., Ting, I. W. K. & Nourani, M. (2022). CEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companies, International Journal of Finance & Economics, 27(1),1240-1256. https://doi.org/10.1002/ijfe.2211
Martinez, A. L. (2017). Tax aggressiveness: a literature survey. Revista de Educação e Pesquisa em Contabilidade, 11(Special Edition), 104-121. http://dx.doi.org/10.17524/repec.v11i0.1724
Miloud, T. (2022). Corporate governance and the capital structure behavior: empirical evidence from France. Managerial Finance, 48(6), 853–878. https://doi.org/10.1108/MF-12-2021-0595
Nair, R., Muttakin, M., Khan, A., Subramaniam, N., & Somanath, V. S. (2019). Corporate social responsibility disclosure and financial transparency: Evidence from India. Pacific-Basin Finance Journal, 56, 330–351. https://doi.org/10.1016/j.pacfin.2019.06.015
Naseem, M. A., Lin, J., Rehman, R. ur, Ahmad, M. I., & Ali, R. (2020). Does capital structure mediate the link between CEO characteristics and firm performance? Management Decision, 58(1), 164–181. https://doi.org/10.1108/MD-05-2018-0594
Nekhili, M., Nagati, H., Chtioui, T., & Nekhili, A. (2017). Gender-diverse board and the relevance of voluntary CSR reporting. International Review of Financial Analysis, 50, 81–100. https://doi.org/10.1016/j.irfa.2017.02.003
Nerantzidis, M., Persakis, A., & Tzeremes, P. (2024). Tax avoidance, CSR performance and CEO characteristics: Evidence from developed and developing countries. Development and Sustainability in Economics and Finance, 2–4. https://doi.org/10.1016/j.dsef.2024.100021
Ngo, D. N. P., & Nguyen, C. V. (2024). Does the CEO’s financial and accounting expertise affect the financial reporting quality? Evidence from an emerging economy. Journal of Financial Reporting and Accounting, 22(3), 653-676. https://doi.org/10.1108/JFRA-09-2021-0301
Ngô Nhật Phương Diễm (2024). Tác động của cơ cấu sở hữu đến tránh thuế: Bằng chứng thực nghiệm tại Việt Nam. Tạp chí Tài chính, 824 (1), 61 -64.
Nguyễn Công Phương (2024). Đặc điểm công ty có ảnh hưởng đến tránh thuế ở các công ty phi tài chính niêm yết trên thị trường chứng khoán Việt Nam? Tạp chí Kinh tế và Phát triển, 324, 19–27. https://doi.org/10.33301/JED.VI.1662
Nguyễn Hoàng Anh, Vũ Hoàng Phúc (2021). Các yếu tố ảnh hưởng đến hành vi tránh thuế của doanh nghiệp niêm yết trên sàn UPCOM. Tạp chí Khoa học & Đào tạo Ngân hàng, 234, 70–80. https://hvnh.edu.vn/medias/tapchi/vi/11.2021/system/archivedate/f9caa747_B%C3%A0i%20c%E1%BB%A7a%20T%C3%A1c%20gi%E1%BA%A3%20Nguy%E1%BB%85n%20Ho%C3%A0ng%20Anh,%20V%C5%A9%20Ho%C3%A0ng%20Ph%C3%BAc.pdf
Shen, Y. (2021). CEO characteristics: A review of influential publications and a research agenda. Accounting & Finance, 61, 361–385. https://doi.org/10.1111/acfi.12571
Sikka, P. (2012). Smoke and mirrors: Corporate social responsibility and tax avoidance. In K. Haynes, A. Murray, & J. Dillard (Eds.), Corporate Social Responsibility (pp. 53-84). Routledge.
Torchia, M., & Calabrò, A. (2016). Board of directors and financial transparency and disclosure. Evidence from Italy. Corporate Governance, 16(3), 593–608. https://doi.org/10.1108/CG-01-2016-0019
Xiang, J., Zhu, L., & Kong, D. (2023). Labor cost and corporate tax avoidance. Journal of Economic Behavior & Organization, 205, 338–358. https://doi.org/10.1016/j.jebo.2022.11.013
You, Y., Srinivasan, S., Pauwels, K., & Joshi, A. (2020). How CEO/CMO characteristics affect innovation and stock returns: Findings and future directions. Journal of the Academy of Marketing Science, 48, 1229–1253. https://doi.org/10.1007/s11747-020-00732-4
Armstrong, C. S., Blouin, J. L., & Larcker, D. F. (2012). The incentives for tax planning. Journal of Accounting and Economics, 53(1–2), 391–411. https://doi.org/10.1016/j.jacceco.2011.04.001
Aronmwan, E. J., & Okafor, C. (2019). Corporate tax avoidance: review of measures and prospects. International Journal of Accounting & Finance, 8(2), 21 -42.
Aronmwan, E. J., Okafor, C., & Ilaboya, O. J., (2023) Chief executive officers’ attributes and corporate tax avoidance in listed companies in sub-Saharan Africa. International Journal of Contemporary Accounting, 12(1), 38-66. https://www.researchgate.net/publication/374290393_Chief_executive_offices'_attributes_and_corporate_tax_avoidance_in_listed_companies_in_sub-Saharan_Africa
Baghdadi, G., Podolski, E. J., & Veeraraghavan, M. (2022). CEO risk-seeking and corporate tax avoidance: Evidence from pilot CEOs. Journal of Corporate Finance, 76. https://doi.org/10.1016/j.jcorpfin.2022.102282
Bird, R., & Davis-Nozema.ck, K. (2018). Tax avoidance as a sustainability problem. Journal of Business Ethics, 151, 1009–1025. https://doi.org/10.1007/s10551-016-3162-2
Chen, M., Zhao, K., & Jin, W. (2024). Corporate digital transformation and tax avoidance: Evidence from China. Pacific-Basin Finance Journal, 85. https://doi.org/10.1016/j.pacfin.2024.102400
Chen, S., Chen, X., Cheng, Q., & Shevlin, T. (2010). Are family firms more tax aggressive than non-family firms?. Journal of Financial Economics, 95(1), 41-61. https://doi.org/10.1016/j.jfineco.2009.02.003
Duan, T., Ding, R., Hou, W., & Zhang, J. Z. (2018). The burden of attention: CEO publicity and tax avoidance. Journal of Business Research, 87, 90–101. https://doi.org/10.1016/j.jbusres.2018.02.010
Dyreng, S. D., Hanlon, M., & Maydew, E. L. (2008). Long-run corporate tax avoidance. The Accounting Review, 83(1), 61–82. https://doi.org/10.2308/accr.2008.83.1.61
Dyreng, S. D., Hanlon, M., Maydew, E. L., & Thornock, J. R. (2017). Changes in corporate effective tax rates over the past twenty-five years. Journal of Financial Economics, 124(3), 441-463. https://doi.org/10.1016/j.jfineco.2017.04.001
Ezeala, G. Okerekeoti, C.U (2021). Corporate governance and tax avoidance: An empirical study of quoted food and beverage firms in Nigeria. International Journal of Research in Education and Sustainable Development, 1(9), 1-14. Truy cập tại https://www.researchgate.net/publication/361037720_CORPORATE_GOVERNANCE_AND_TAX_AVOIDANCE_AN_EMPIRICAL_STUDY_OF_QUOTED_FOOD_AND_BEVERAGE_FIRMS_IN_NIGERIA
Faccio, M., Marchica, M.-T., & Mura, R. (2016). CEO gender, corporate risk-taking, and the efficiency of capital allocation. Journal of Corporate Finance, 39, 193–209. https://doi.org/10.1016/j.jcorpfin.2016.02.008
Francis, B. B., Hasan, I., Wu, Q., & Yan, M. (2014). Are female CFOs less tax aggressive? Evidence from Tax Aggressiveness. The Journal of the American Taxation Association, 36(2), 171–202. https://doi.org/10.2308/atax-50819
Frank, M. M., Lynch, L. J., & Rego, S. O. (2009). Tax reporting aggressiveness and its relation to aggressive financial reporting. The Accounting Review, 84(2), 467–496. https://doi.org/10.2308/accr.2009.84.2.467
Frey, L. (2018). Tax certified individual auditors and effective tax rates. Business Research, 11, 77-114. https://doi.org/10.1007/s40685-017-0057-8
Frey, M. C., & Detterman, D. K. (2004). Scholastic Assessment or g?: The relationship between the scholastic assessment test and general cognitive ability: The relationship between the scholastic assessment test and general cognitive ability. Psychological Science, 15(6), 373–378. https://doi.org/10.1111/j.0956-7976.2004.00687.x
Garcia-Blandon, J., Argilés-Bosch, J. M., Ravenda, D., & Castillo-Merino, D. (2022). Board gender quotas, female directors and corporate tax aggressiveness: A causal approach. International Review of Financial Analysis, 79. https://doi.org/10.1016/j.irfa.2021.102010
Gounopoulos, D. & Pham, H. (2018). Financial expert CEOs and earnings management around initial public offerings. The International Journal of Accounting, 53(2), 102-117. https://doi.org/10.1016/j.intacc.2018.04.002
Gul, F. A., Khedmati, M., & Shams, S. M. M. (2020). Managerial acquisitiveness and corporate tax avoidance. Pacific-Basin Finance Journal, 64. https://doi.org/10.1016/j.pacfin.2018.08.010
Guo, X., Wei, T., Wang, A., & Hu, H. (2024). Corporate governance effects of digital finance: Evidence from corporate tax avoidance in China. Research in International Business and Finance, 72. https://doi.org/10.1016/j.ribaf.2024.102526
Hambrick, D. C. (2007). Upper echelons theory: An update. The Academy of Management Review, 32(2), 334-343. https://www.jstor.org/stable/20159303
Hambrick, D. C., & Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193–206. https://doi.org/10.5465/amr.1984.4277628
Hanlon, M., & Heitzman, S. (2010). A review of tax research. Journal of Accounting and Economics, 50(2–3), 127–178. https://doi.org/10.1016/j.jacceco.2010.09.002
Hoffman, W. H. (1961). The theory of tax planning. The Accounting Review, 36(2), 274-281. https://www.jstor.org/stable/243232
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behaviour, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360. https://doi.org/10.1016/0304-405X(76)90026-X
Kalbuana, N., Taqi, M., Uzliawati, L., & Ramdhani, D. (2023). CEO narcissism, corporate governance, financial distress, and company size on corporate tax avoidance. Cogent Business & Management, 10(1). https://doi.org/10.1080/23311975.2023.2167550
Khlifi, S., Chouaibi, Y., & Chouaibi, S. (2025). Do ESG practices mediate the relationship between board characteristics and tax avoidance in G20 countries? Corporate Governance, 25(2), 288–310. https://doi.org/10.1108/CG-11-2023-0498
Kolias, G., & Koumanakos, E. (2022). CEO duality and tax avoidance: Empirical evidence from Greece. Journal of International Accounting, Auditing and Taxation, 47. https://doi.org/10.1016/j.intaccaudtax.2022.100465
Lanis, R., & Richardson, G. (2011). The effect of board of director composition on corporate tax aggressiveness. 30(1), 50-70. https://doi.org/10.1016/j.jaccpubpol.2010.09.003
Le, H. T. M., Kweh, Q. L., Ting, I. W. K. & Nourani, M. (2022). CEO power and earnings management: Dual roles of foreign shareholders in Vietnamese listed companies, International Journal of Finance & Economics, 27(1),1240-1256. https://doi.org/10.1002/ijfe.2211
Martinez, A. L. (2017). Tax aggressiveness: a literature survey. Revista de Educação e Pesquisa em Contabilidade, 11(Special Edition), 104-121. http://dx.doi.org/10.17524/repec.v11i0.1724
Miloud, T. (2022). Corporate governance and the capital structure behavior: empirical evidence from France. Managerial Finance, 48(6), 853–878. https://doi.org/10.1108/MF-12-2021-0595
Nair, R., Muttakin, M., Khan, A., Subramaniam, N., & Somanath, V. S. (2019). Corporate social responsibility disclosure and financial transparency: Evidence from India. Pacific-Basin Finance Journal, 56, 330–351. https://doi.org/10.1016/j.pacfin.2019.06.015
Naseem, M. A., Lin, J., Rehman, R. ur, Ahmad, M. I., & Ali, R. (2020). Does capital structure mediate the link between CEO characteristics and firm performance? Management Decision, 58(1), 164–181. https://doi.org/10.1108/MD-05-2018-0594
Nekhili, M., Nagati, H., Chtioui, T., & Nekhili, A. (2017). Gender-diverse board and the relevance of voluntary CSR reporting. International Review of Financial Analysis, 50, 81–100. https://doi.org/10.1016/j.irfa.2017.02.003
Nerantzidis, M., Persakis, A., & Tzeremes, P. (2024). Tax avoidance, CSR performance and CEO characteristics: Evidence from developed and developing countries. Development and Sustainability in Economics and Finance, 2–4. https://doi.org/10.1016/j.dsef.2024.100021
Ngo, D. N. P., & Nguyen, C. V. (2024). Does the CEO’s financial and accounting expertise affect the financial reporting quality? Evidence from an emerging economy. Journal of Financial Reporting and Accounting, 22(3), 653-676. https://doi.org/10.1108/JFRA-09-2021-0301
Ngô Nhật Phương Diễm (2024). Tác động của cơ cấu sở hữu đến tránh thuế: Bằng chứng thực nghiệm tại Việt Nam. Tạp chí Tài chính, 824 (1), 61 -64.
Nguyễn Công Phương (2024). Đặc điểm công ty có ảnh hưởng đến tránh thuế ở các công ty phi tài chính niêm yết trên thị trường chứng khoán Việt Nam? Tạp chí Kinh tế và Phát triển, 324, 19–27. https://doi.org/10.33301/JED.VI.1662
Nguyễn Hoàng Anh, Vũ Hoàng Phúc (2021). Các yếu tố ảnh hưởng đến hành vi tránh thuế của doanh nghiệp niêm yết trên sàn UPCOM. Tạp chí Khoa học & Đào tạo Ngân hàng, 234, 70–80. https://hvnh.edu.vn/medias/tapchi/vi/11.2021/system/archivedate/f9caa747_B%C3%A0i%20c%E1%BB%A7a%20T%C3%A1c%20gi%E1%BA%A3%20Nguy%E1%BB%85n%20Ho%C3%A0ng%20Anh,%20V%C5%A9%20Ho%C3%A0ng%20Ph%C3%BAc.pdf
Shen, Y. (2021). CEO characteristics: A review of influential publications and a research agenda. Accounting & Finance, 61, 361–385. https://doi.org/10.1111/acfi.12571
Sikka, P. (2012). Smoke and mirrors: Corporate social responsibility and tax avoidance. In K. Haynes, A. Murray, & J. Dillard (Eds.), Corporate Social Responsibility (pp. 53-84). Routledge.
Torchia, M., & Calabrò, A. (2016). Board of directors and financial transparency and disclosure. Evidence from Italy. Corporate Governance, 16(3), 593–608. https://doi.org/10.1108/CG-01-2016-0019
Xiang, J., Zhu, L., & Kong, D. (2023). Labor cost and corporate tax avoidance. Journal of Economic Behavior & Organization, 205, 338–358. https://doi.org/10.1016/j.jebo.2022.11.013
You, Y., Srinivasan, S., Pauwels, K., & Joshi, A. (2020). How CEO/CMO characteristics affect innovation and stock returns: Findings and future directions. Journal of the Academy of Marketing Science, 48, 1229–1253. https://doi.org/10.1007/s11747-020-00732-4
Trích dẫn bài báo
Diễm, T. N. N. P. (2025). Tác động của đặc điểm ceo đến hành vi tránh thuế tại các công ty niêm yết trên thị trường chứng khoán Việt Nam. Tạp chí Nghiên cứu Tài chính - Marketing, 16(06). https://doi.org/10.52932/jfmr.v16i06.798