The impact of stock market pressure on tax benefits based on the Ming-Chin Chen model (2015)

Subject Areas : Financial Knowledge of Securities Analysis

Hosein Norouzizadeh ¹ ( M.A" Student in Financial Management, Science and Research Branch, Islamic Azad University. )
M. Reza Setayesh ² ( Assistant Professor & Faculty Member Of Accounting Department, Broujerd Branch, Islamic Azad University, Boroujerd, Iran )
M. Hasan Janani ³ ( Assistant Professor & Faculty Member Of Accounting Department, Broujerd Branch, Islamic Azad University, Boroujerd, Iran )

Received: 2017-10-18 Accepted : 2018-05-22 Published : 2019-06-22

Keywords: stock market pressures, tax benefits, panel data analysis,

Abstract :

The main aim of this study was to investigate the impact of stock market pressure on tax benefits based on the Ming - Chin Chen model (2015). Using screening method, 113 companies were selected as sample. This retrospective research investigated the impact of the independent variable of “ stock market pressure ” on tax benefits of studied companies . This was a semi - experimental applied descriptive - correctional study . It analyzed the financial statements of companies during 2010 - 2015 . A panel data analysis with random effects was used to analyze the data .A multivariate regression analysis was used to analyze the data . The results at a 95% confidence interval showed that there was a significant positive (direct) relationship between stock market pressures and tax benefits of companies listed in Tehran Stock Exchange.

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