The Effects Of Tax Noncompliance, Disclosure Quality On The Information Asymmetry In the Listed Companies Of The Tehran Stock Exchange (TSE) TSE based on the simultaneous equation method

Document Type : Original Article

Authors
asghar sepahban ghareh baba 1
saeed tahmasbi khorneh 2
1 bazresi
2 u
Abstract
Taxes as a major source of fiscal plays an important role in economic growth and income istribution. Tax Organization responsible for the collection of legitimate tax revenues as the country is faced with the issue of taxpayers tax Noncompliance. Diversion of taxpayers declared taxes of final tax could be an instance of tax Noncompliance, which in turn adversely affect the country's economy. Tax Noncompliance could affect the firm's information environment and thus lead to information asymmetry. On this reasoning a study about the effect of each of these variables simultaneously over another is important. Therefore, in this study, we examine the impact of the direct and simultaneous impact of tax Noncom pliance (by increase Disclosure quality) on the information asymmetry. For this purpose 520 years (104 companies during 2010-2014) were selected and simultaneous impact of tax Noncompliance and disclosure quality on is information asymmetry investigated by using of simultaneous equations and direct impact is investigated by using. combined regression In this study, we calculated the tax Noncompliance of by the using of the difference between accounting profit and taxable profit, and The quality of disclosed information is considered by the companies disclose score, also, Information asymmetry is determined by the using of bid and ask. The results show that tax Noncompliance significant negative impact on the
Keywords
Tax Noncompliance
Disclosure Quality
Information Asymmetry
simultaneous equation
Administrative Health Research
Volume 9, Issue 2 - Serial Number 32
Summer 2017
Pages 157-182

  • Receive Date 23 June 2022