CFO Ethnicity and Tax Avoidance

Abstract

In this paper I examine the ethnicity of CFOs and the degree of his or her tax avoidance I find that companies with non-white CFOs are more aggressive on tax avoidance than companies with white CFOs and this result is due to the individual effect of CFO Then I further distinguish non-white into African and Asian I find that the behavior of aggressive tax avoidance is primarily resulting from Asian CFOs Overall I find the evidence of different ethnicities with different risk preferences Also I confirm that CFOs’ individual characteristics do have impact on the operation of companies

Date of Award	2019
Original language	English
Supervisor	Ting-Kai Chou (Supervisor)