Scholarlink

The impact of tax planning and ESG disclosure on firm value, particularly in emerging markets like Vietnam, has not been widely studied. This research aims to fill that gap by examining how these two factors influence firm value, specifically in Vietnam. Using data from 206 companies listed on the Ho Chi Minh Stock Exchange from 2012 to 2021, the study looks at how foreign board membership affects the relationship between ESG disclosure, tax planning, and financial performance. The results show a negative link between tax planning, measured by the effective tax rate, and firm value. On the other hand, foreign board membership and ESG disclosure are both significant positive factors for firm value. Additionally, companies with foreign board members who implement ESG practices see a significant increase in firm value.

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

The Impact of Tax Planning, Foreign Board Membership, and ESG Disclosure on Corporate Value: Empirical Evidence in Vietnam

  • 章节

  • 发表日期：

    2025年

查看全文
  • Van Bach Thi Dang

摘要

The impact of tax planning and ESG disclosure on firm value, particularly in emerging markets like Vietnam, has not been widely studied. This research aims to fill that gap by examining how these two factors influence firm value, specifically in Vietnam. Using data from 206 companies listed on the Ho Chi Minh Stock Exchange from 2012 to 2021, the study looks at how foreign board membership affects the relationship between ESG disclosure, tax planning, and financial performance. The results show a negative link between tax planning, measured by the effective tax rate, and firm value. On the other hand, foreign board membership and ESG disclosure are both significant positive factors for firm value. Additionally, companies with foreign board members who implement ESG practices see a significant increase in firm value.