Enhancing the Better Corporate Governance Practice: From Accounting Scandals to Tax Risk Management

Martin Přidal

Master's thesis

Tax Management and Corporate Governance

Anotácia:

Recent accounting scandals and current global financial crisis have brought new demands on the whole corporate world. The call for better corporate governance is strengthening in all business areas including tax. Tax non -- compliance brings substantial risks for both tax payers and tax revenue authorities. The way how companies manage their tax risks can significantly influence their overall financial performance and reputation. The paper deals with issues of tax non -- compliance as a lack of good corporate governance practice. The main goal of the paper is to put tax into the concept of corporate governance. Moreover, the paper deals with the concept of tax risk management as a way of how tax compliance in general could be enhanced and introduces the current international practice in this field.

Abstract:

Recent accounting scandals and current global financial crisis have brought new demands on the whole corporate world. The call for better corporate governance is strengthening in all business areas including tax. Tax non -- compliance brings substantial risks for both tax payers and tax revenue authorities. The way how companies manage their tax risks can significantly influence their overall financial performance and reputation. The paper deals with issues of tax non -- compliance as a lack of good corporate governance practice. The main goal of the paper is to put tax into the concept of corporate governance. Moreover, the paper deals with the concept of tax risk management as a way of how tax compliance in general could be enhanced and introduces the current international practice in this field.

Kľúčové slová

Corporate Governance, Tax Compliance, Tax Risk Management

Keywords

Tax Compliance, Tax Risk Management, Corporate Governance

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 30. 6. 2010

Obhajoba závěrečné práce

• Obhajoba proběhla 1. 2. 2011
• Vedúci: Milan Malý
• Oponent: Robert Jurka

Vysoká škola ekonomická v Praze

Master programme / odbor:
Ekonomika a management / International Management