Tax Avoidance and CSR: The Moderating Effect of Corporate Governance

  • Emad Elkhashen (Speaker)
  • Deborah Allcock (Contributor to Paper or Presentation)
  • Collins Ntim (Contributor to Paper or Presentation)

Activity: Talk or presentation typesOral presentation


This paper investigates the association between CSR and tax avoidance as well as the moderating effect of corporate governance on this link in tourism firms worldwide. Based on data of 973 observations for the period 2010-2016, the findings of this study show that tourism firms generally do not perceive tax payments as part of their social responsibility, with a latter evidence of a positive moderating effect of corporate governance on this association. Further analyses show that firms with high CSR performance are less likely to engage in tax avoidance, while firms with poor CSR performance are more likely to engage in it. The results are robust across different statistical techniques and alternative measurements. These findings provide support for theoretical frameworks of legitimacy and stakeholder theories. This study has theoretical and empirical contributions as well as important implications for tourism sector, regulators, and governments.
Period11 Apr 2018
Event titleBritish Accounting and Finance Association Annual Conference with Doctoral Masterclasses
Event typeConference
LocationLondon, United KingdomShow on map
Degree of RecognitionNational