| China is a socialist country and follows the path of socialism with Chinese characteristics that combines marxism with its basic national conditions.Both the leadership and the power to govern belong to the communist party of China.Listed companies are an important force in China's economic construction and development.The modern enterprise system standardizes the operation and management of listed companies,and clearly stipulates both internal and external governance.In the process of continuous improvement of the modern enterprise system,the party committee participates in corporate governance,and as the third means of political intervention is also included in the framework of modern corporate governance,the party committee has gradually become an indispensable part of listed companies.At present,the members participating in corporate governance,the pattern of "control orientation" for enterprise development has become of the important characteristics of organization structure of listed companies in our country,in China's political system,"the unity of the party and government members with the listed company" two-way entry,cross ",the leading system of path,the supervision and regulation effect on corporate behavior.The study of corporate tax avoidance is an important branch of tax theory,including the factors affecting corporate tax avoidance decisions and the possible economic consequences.The existing research on corporate tax avoidance behavior as the influencing factor is more from the company's basic characteristics,industry factors,external supervision mechanism,corporate governance structure,executive background characteristics and other aspects.Specifically,for the study of corporate governance,the influence of ownership structure,internal control,capital structure and financial leverage is the main research direction,and there is no research on the policy requirement of "party organizations participating in corporate governance" proposed by the state.Based on the theory of principal-agent theory and political interference,etc.,assumption and empirically members to participate in corporate governance affects the tax avoidance of enterprises,namely the members in the form of a "two-way entry,cross",participate in corporate governance,based on the social public interests,embody party attribute decision-making,reduce the agency problem and gain political promotion and special embedded governance structure will inhibit enterprises tax avoidance behavior.The research findings of this paper are as follows :(1)in the sample of a-share listed companies,party committee's participation in corporate governance can inhibit the tax avoidance of enterprises;(2)the party committee's participation in corporate governance of central enterprises cannot inhibit the avoidance of corporate tax,but to some extent intensifies the tax avoidance of enterprises;(3)compared with local state-owned enterprises,the participation of party organizations in corporate governance in private enterprises has a better inhibiting effect on corporate tax avoidance.(4)the differences between the results of the three participation ways,namely,party committee by the board of directors,board of supervisors to participate in governance can significantly inhibit the tax avoidance of enterprises,but through the way of management control is not obvious,we think the possible reason is political self-interest behavior leads to low expectations,management promotion party committee to participate in the management of play is limited by a certain degree of governance effect.(5)the external legal environment plays a moderating role in party committee's participation in the company.Under the influence of the legal environment watchdog role,members and board of directors and the management system of "two-way access,cross",and suppresses the radical tax evasion,it may be that the legal environment of governance effect,make the listed company members have a strong sense of crisis and its reputation was investigated after concerns. |
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