Work

Tax Planning and Firm Value: The Case of Companies with Different State Ownership in Vietnam

Year: 2022

Type: article

Abstract: The purpose of this paper is to examine the effect of tax planning on company value of listed companies in Vietnam, using the secondary data from audited financial reporting and other statistical documents of 513 non-financial companies in the period of 2015 – 2019. According to GLS, the research result shows that the tax planning has a positive effect on company value. In addition, state ownership, capital intensive and company size are control variables having a positive impact on firm value, but financial leverage is not. The findings suggest that financial managers should apply SAVANT framework and concentrate on fixed assets allocation and tax benefit of company size instead of leverage or high state ownership.

Source: Journal of Eastern European and Central Asian Research (JEECAR)

DOI: 10.15549/jeecar.v9i2.700

Authors: Vinh Hoang Le, Thu Anh Thi Vu, Minh Hoang Nguyen

Institutions: Vietnam National University Ho Chi Minh City, University of Economics and Law, Ho Chi Minh University of Banking

Language: English

Topic: Corporate Taxation and Avoidance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $750

OpenAlex ID: W4221007342

FWCI: 2.49

Cites: 26

Cited by: 14

Related to: 10