ESG DISCLOSURE, TAX PLANNING, AND OPERATIONAL EFFICIENCY: EVIDENCE FROM THAILAND'S LISTED COMPANIES
DOI:
https://doi.org/10.14456/aisr.2025.19Keywords:
Sustainability Reporting, ESG, Tax Planning, Operational Efficiency, ThailandAbstract
This research examines how sustainability reporting impacts operational efficiency through tax planning for companies listed on the Stock Exchange of Thailand (SET). Using secondary data from SET-listed firms between 2021 and 2023, sourced from the SET SMART and Bloomberg Terminal, the study employs quantitative and statistical analysis methods to test the hypotheses. The findings suggest that corporate governance (GOV) and tax planning (ETR) significantly influence operational efficiency. The study identifies environmental (ENV) and social (SOC) aspects as factors affecting tax planning, with environmental disclosure showing a negative influence and social disclosure showing a positive influence. Also, the disclosure of sustainability reporting information related to operational efficiency, particularly through tax planning, is found to encompass both environmental and social factors. This research enhances the understanding of sustainability information disclosure, operational efficiency, and tax planning, emphasizing that prioritizing investor decisions, policy oversight, and tax supervision can enhance internal control within organizations. The study supports the development of tax planning strategies and sustainable business practices.
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