Author(s)

Xinyu Ding

Corresponding Author

Xinyu Ding

ABSTRACT

This paper discusses the impact of corporate tax avoidance on investment efficiency from the perspective of information asymmetry and agency conflict. The research results show that tax avoidance and non-efficiency investment are positively related, that is, investment efficiency decreases with the increase of tax avoidance.

KEYWORDS

Tax avoidance, Investment efficiency, Information asymmetry, Agent problem