OWNERSHIP STRUCTURE OF LISTED COMPANIES AND TAX AVOIDANCE

Abstract

The article examines how corporate ownership structure influences tax avoidance in publicly listed companies in Vietnam, utilizing the Generalized Least
Squares (GLS) regression method on financial statement data from 2017 to 2022. The findings indicate that a higher state ownership ratio tends to decrease tax
avoidance, whereas a higher foreign ownership ratio leads to increased tax avoidance. This research offers critical empirical insights that can inform policy
direction and enhance tax supervision mechanisms in Vietnam's developing market.