Corporate Culture and Tax Planning

Research output: Contribution to journalArticleScientificpeer-review


In this paper, we study the relationship between corporate culture and tax planning. Using the competing values framework and natural language processing techniques, we document that firms with collaboration-oriented (control-oriented) corporate cultures are associated with lower (higher) effective tax rates. We further find that firms with collaboration-oriented corporate cultures achieve these tax savings by engaging in tax-sheltering activities and that such savings positively affect firm value. While firms with salient control-oriented characteristics have previously been recognized to benefit from small tax burdens, we contribute with new evidence suggesting that intra-organizational reciprocity can also promote tax savings that ultimately benefit shareholders.
Original languageEnglish
Peer-reviewed scientific journalReview of Quantitative Finance and Accounting
Publication statusAccepted/In press - 25.06.2024
MoE publication typeA1 Journal article - refereed


  • 512 Business and Management
  • Corporate culture
  • competing values framework
  • text analysis
  • tax planning
  • tax sheltering
  • firm value

Areas of Strength and Areas of High Potential (AoS and AoHP)

  • AoS: Financial management, accounting, and governance


Dive into the research topics of 'Corporate Culture and Tax Planning'. Together they form a unique fingerprint.

Cite this