The Effect of Tax Planning of Non-capital market companies on Earnings Management in Thailand
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Abstract
The objective of this study is to the effect of tax planning on earnings management of non-capital market companies in Thailand.The samples comprise of public limited companies with the top 100 in the Department of Business Development (DBD), which divided according to income, assets, profit and capital. The data was collected from the financial statements during period 2016 to 2018. The samples comprise of 414 firm-years. Research hypotheses were tested by multiple regression analysis. Tax planning was measured by effective tax rate (ETR) and the ratio of tax to total assets (TAX/ASSET). Earnings management was calculated by Modified Jones Model (1991). Overall, the result show that the tax planning had positive impacts on the earnings management. Because Thailand, the relationship between accounting principles and tax principles is interrelated Causing executives to have a impulsion in earnings management. However companies listed on the Stock Exchange of Thailand (SET) have higher tax planning and earnings management than companies non-listed on the Stock Exchange of Thailand (NON-SET). In addition, the research results are expected to provide additional information on investment decisions for investors regarding financial information from a tax planning perspective.
Article Details
1. เนื้อหาและข้อมูลในบทความที่ลงตีพิมพ์ในวารสารวิชาการมหาวิทยาลัยราชภัฏศรีสะเกษ ถือเป็นข้อคิดเห็นและความรับผิดชอบของผู้เขียนบทความโดยตรง ซึ่งกองบรรณาธิการวารสาร ไม่จำเป็นต้องเห็นด้วย หรือร่วมรับผิดชอบใด ๆ
2. บทความ ข้อมูล เนื้อหา รูปภาพ ฯลฯ ที่ได้รับการตีพิมพ์ในวารสารวิชาการมหาวิทยาลัยราชภัฏศรีสะเกษ กองบรรณาธิการไม่สงวนสิทธิ์ในการคัดลอกบทความเพื่อการศึกษา แต่ให้อ้างอิงแหล่งที่มาให้ครบถ้วนสมบูรณ์
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