Control And Audit - The Impact Of Taxation On Decisions And Funding Modes
Journal of Contemporary Issues in Business and Government,
2021, Volume 27, Issue 1, Pages 1558-1569
AbstractThe discussions generated by the tax treatment of the realized, reinvested and distributed profit respectively led to various taxation techniques, concluding that, while the economic theory claims that the objective of any company is to maximize the profit, the practical reality shows that there are still companies that want to they have only a satisfactory profit and thus pay a tax as small as possible, in the context in which the accounting practices allow the companies to present, within certain limits, results that are more in line with their objectives than with reality. Starting from the above aspect, we will try to argue the necessity of managing the tax burden and highlight the tax repercussions on investment decisions, their financing methods and the value of the company, based on a set of 8 hypotheses that we will research on a sample of industry enterprises, using the research methodology of panel-based models.
- Article View: 17
- PDF Download: 30