Volume 33, Issue 67 (2025)
J Tax Res 2025, 33(67): 148-188 |
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sharifpour R, Pourheidari O, Khodami Pour A. The Interaction of Tax Behaviors and Corporate Social Responsibility in Shaping Stock Price Crash Risk. J Tax Res 2025; 33 (67) :148-188
URL: http://taxjournal.ir/article-1-2417-en.html
URL: http://taxjournal.ir/article-1-2417-en.html
1- , r.sharifpour65@gmail.com
Abstract: (16 Views)
Within the corporate governance landscape, the interplay between tax behaviors and stock market dynamics has been prominently highlighted in scholarly research. Amidst this discourse, the mediating role of corporate social responsibility (CSR) disclosure in shaping the effects of tax avoidance, evasion, and tax corruption on stock price crash risk has emerged as a significant research domain. This study aims to provide a comprehensive analysis of how the impacts of tax behaviors on stock market stability are mediated by CSR disclosure. The sample population consists of 146 listed companies during the years 2012-2021 (Iranian calendar), and the Baron and Kenny (1983) mediation approach is employed to discern the intricate patterns and relationships among variables.
The findings indicate that tax avoidance, evasion, and tax corruption lead to an increase in stock price crash risk. Moreover, CSR disclosure plays a full mediating role between tax avoidance, evasion, and fraud, and future stock price crash risk. Indeed, companies implementing CSR initiatives experience lower levels of stock price crash risk. The results underscore the importance of transparent CSR activities in mitigating the adverse consequences of tax behaviors on stock market stability.
The findings indicate that tax avoidance, evasion, and tax corruption lead to an increase in stock price crash risk. Moreover, CSR disclosure plays a full mediating role between tax avoidance, evasion, and fraud, and future stock price crash risk. Indeed, companies implementing CSR initiatives experience lower levels of stock price crash risk. The results underscore the importance of transparent CSR activities in mitigating the adverse consequences of tax behaviors on stock market stability.
Keywords: Tax Avoidance, Tax Evasion, Tax Corruption, Stock Price Crash Risk, Corporate Social Responsibility.
Type of Study: Research |
Subject:
Accounting
Received: 2024/09/6 | Accepted: 2025/12/1 | Published: 2025/12/1
Received: 2024/09/6 | Accepted: 2025/12/1 | Published: 2025/12/1
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