The Impact of Corporate Tax Evasion on the Debt Policy in Tehran Securities and Exchange Companies

Tax evasion is as a company striving to minimize the payable tax or tax evasion. According to the above definition it can be stated that competition has an important impact on the activities and actions of companies. The purpose of this research is studying of the relationship between tax evasion and corporate debt policy. For this purpose, combined data relating to the 114 company that are the member of the Securities and Exchange were analyzed by using a regression model for the period between the years 2012 to 2014. Research results showed that in the general case between tax evasion and debt policy, there is a significant and negative correlation. Also the results of other hypotheses showed that there is significant and positive relationship between members and non-obligation debt policy, and there is no significant relationship between non-obliged members with tax evasion and the debt policy.

Keywords:

tax evasion , debt policy , non-duty members of the Board , Panel Data Regression Introduction