پیوندهای مفید
آمار
| تعداد نشریات | 21 |
| تعداد شماره‌ها | 660 |
| تعداد مقالات | 9,672 |
| تعداد مشاهده مقاله | 68,817,478 |
| تعداد دریافت فایل اصل مقاله | 48,338,205 |
Providing an optimal model of financial transaction tax (FTT) with interpretive structural modeling (ISM) | ||
| International Journal of Nonlinear Analysis and Applications | ||
| مقاله 13، دوره 15، شماره 9، آذر 2024، صفحه 175-189 اصل مقاله (600.07 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22075/ijnaa.2022.28946.4028 | ||
| نویسندگان | ||
| Ahmadreza Babaee1؛ Khosrow Faghani Makrani* 1؛ Mohammad Reza Shahab2 | ||
| 1Department of Accounting, Semnan Branch, Islamic Azad University, Semnan, Iran | ||
| 2Department of Economic, Semnan Branch, Islamic Azad University, Semnan, Iran | ||
| تاریخ دریافت: 20 خرداد 1401، تاریخ پذیرش: 03 آذر 1401 | ||
| چکیده | ||
| The idea of receiving tax from cash or bank transactions (BTT) (not new) has been used many times in different economic and political fields during the decades since the introduction of financial transaction tax (FTT). This study examines the provision of the optimal model of financial transaction tax (FTT) with an interpretive structural model (ISM). The method of the current research is practical in terms of its purpose and it is mixed (qualitative-quantitative) in terms of data collection. The qualitative research method was qualitative content analysis with an inductive approach. The participants in the qualitative part of the research were experts in the tax field, and 12 people were interviewed using the theoretical snowball sampling method. The estimation of the desired sample size was done based on the theoretical saturation of the data. The data collection tool in the qualitative part was a semi-structured interview. The triangulation method and Christiansen angle technique were used to check the validity of the qualitative part. At first, research components were identified through literature and semi-structured interviews with experts. The interviews were coded with three coding methods, open, central and selective, and finally, fifteen components were identified and in the quantitative part, an interpretive structural model was created using MATLAB software to provide an optimal model for financial transaction tax. After that, the position of the identified components was determined using Mikmak software based on influence and dependence. The results show that the structural interpretation model of the study can be presented in five levels. Micmac analysis also showed that the components of the optimal tax pattern are divided into the group of dual, regulatory, independent, leveraged and influential variables. The findings show that the optimal tax model is an unstable system. | ||
| کلیدواژه‌ها | ||
| tax collection؛ financial transaction tax (FTT)؛ interpretive structural model؛ Micmac analysis | ||
| مراجع | ||
|
[1] V. Acharya, T. Cooley, M. Richardson, and I. Walter, Market Failures and Regulatory, Failures: Lessons from Past and Present Financial Crises, Asian Development Bank Institute, ADBI Working Paper Series, 264 (2011). [2] H. Bessembinder, J. Hao, and K. Zheng, Liquidity provision contracts and market quality: Evidence from the New York Stock Exchange, Rev. Financ. Stud. 33 (2020), no. 1, 44-74. [3] V.A. Bhosale and R. Kant, An integrated ISM fuzzy MICMAC approach for modelling the supply chain knowledge flow enablers, Int. J. Prod. Res. 54 (2016), no. 24, 7374-7399. [4] L. Burman, W.G. Gale, S. Gault, B. Kim, J. Nunns, and S. Rosenthal, Financial transaction taxes in theory and practice, Nat. Tax J. 69 (2016), no. 1, 171–216. [5] G. Capelle-Blancard, The abrogation of the impot sur les operations de bourse did not foster the French stock market, Finance Res. Lett. 17 (2016), 257-–266. [6] M. Coelho, Dodging Robin Hood: Responses to France and Italy’s financial transaction taxes, Job Market Paper, University of Carolina, Berkeley, Available at SSRN 2389166 (2016). [7] D. Coleman, D. Anderson, D. Sih-Ting Cai, and W. Daniel, Financial transaction costs reduce benefit take-up evidence from zero-premium health insurance plans in Colorado, J. Health Econ. 89 (2023). [8] J.E. Colliard and P. Hoffmann, Financial transaction taxes, market composition, and liquidity, J. Finance 72 (2017), no. 6, 2685-–2716. [9] V.T. Constˆancio, The future of finance and the outlook for regulation, Remarks, Vice-President of the European Central Bank, at the Financial Regulatory Outlook Conference, organised by the Centre for International Governance Innovation and Oliver Wyman, Rom, 2017. [10] E. Davila, Optimal financial transaction taxes, J. Finance 78 (2023), 5–61. [11] D. Dhaliwal, S. Huang, S. Moser, and W.R. Pereir, Corporate tax avoidance and the level and valuation of firm cash holdings, Working paper, 2011. [12] D. Diamond and P. Dybvig, Bank runs, deposit insurance, and liquidity, J. Politic. Econ. 91 (1983), no. 3, 401–419. [13] M. Drehmann and N. Tarashev, Measuring the systemic importance of interconnected banks, BIS Working Papers, 2011. [14] S.D. Dyreng, M. Hanlon, and M.E.L. Maydew, Long-run corporate tax avoidance, Account. Rev. 83 (2008), no. 1, 61–82. [15] European Commission, Impact Assessment: Proposal for a Council Directive Implementing Enhanced Cooperation in the Area of Financial Transaction Tax, Analysis of Policy Options and Impacts, Working Document, 2013. [16] R. Felipe, The effects of taxing bank transactions on bank credit and industrial growth: Evidence from Latin America, J. Int. Money Finance 93 (2019), 335–355. [17] P. Gai, A. Haldane, and S. Kapadia, Complexity, concentration and contagion, J. Monetary Econ. 58 (2011), no 5, 453-470. [18] E. Garcia-Appendini and J. Montoriol-Garriga, Firms as liquidity providers: Evidence fromph the 2007–2008 financial crisis, J. Financ. Econ. 109 (2013), no. 1, 272-–291. [19] B.G. Glaser and J. Holton, Remodeling grounded theory, Forum Qual. Sozialforschung/forum: Qual. Soc. Res. 5 (2004), no. 2, 47-–68 [20] M. Godet, P. Durance, and A. Gerber, Strategic foresight: Use and misuse of scenario building, Work Paper Laboratoire d’Innovation de Prospective Strategique et d’Organisation, Paris 200.8 (2008). [21] A.G.R. Haldane, Thinking financial stability, speech, chief economist, Bank of England, Rethink. Macroecon. Policy IV Conf., Peterson Institute for International Economics, Washington, 2017. [22] J.C. Hull, Risk Management and Financial Institutions, John Wiley and Sons, Inc, 2015. [23] J.G. Montalvo, A. Piolatto, and J. Raya, Transaction-tax evasion in the housing market, Region. Sci. Urban Econ. 81 (2020), 103526. [24] J.M. Keynes, The General Theory of Employment, Interest and Money, New York: Harcourt Brace, 1936. [25] P. Kupiec, Noise traders, excess volatility and securities transaction tax, J. Financ. Serv. Res. 10 (1996), 115–129. [26] L. Laeven, L. Ratnovski, and H. Tong, Bank Size and Systemic Risk, IMF Staff Discussion Note, (SDN/14/04), 2014. [27] N. McCulloch and G. Pacillo, The Tobin Tax – A Review of the Evidence, Institute of Development Studies University Sussex, 2011. [28] C. Miller and A. Tyger, The impact of a financial transaction tax, Fiscal Fact. 690 (2020). [29] A. Pekanov and M. Schratzenstaller, A Global Financial Transaction Tax-Theory, Practice and Potential Revenues, Practice and Potential Revenues, 2019, Available at SSRN: https://ssrn.com/abstract=3407855 or http://dx.doi.org/10.2139/ssrn.3407855 [30] R. Raciborski, J. Lendvai, and L. Vogel, Securities Transaction Taxes: Macroeconomic Implications in a General-Equilibrium Model, European Commission, Directorate-General for Economic and Financial Affairs, 2012. [31] J.R. Robinson, S.A. Sikes, and C.D. Weaver, Performance measurement of corporate tax department, Account. Rev. 85 (2010), 1035–1064. [32] J. Ruan, Z. Yan, B. Dong, Q. Zheng, B. Qian, Identifying suspicious groups of affiliate d-transaction-base d tax evasion in big data, Inf. Sci. 477 (2019), 508—532. [33] G.W. Schwert and P.J. Seguin, Security transaction taxes: An overview of costs and benefits and unresolved questions, Financ. Anal. J. 49 (1993), no. 5, 27–35. [34] L.E. Stiglitz, Using tax policy to curb speculative short-termph trading, Regulatory Reform of Stock and Futures Markets, 1989, pp. 3–17. [35] S.M.H. Sultan Ulamaei and M.R. Bakhsh, Tax on bank transactions, Trend Quart. 26 (2019), 85–86. [36] L.H. Summers and V.P. Summers, When financial markets work too well: A cautious case for a securities transactions tax, J. Financ. Serv. Res. 3 (1989), no. 2-3, 261-286. [37] V. Swarnakar, A. Bagherian, and A.R. Singh, Prioritization of critical success factors for sustainable Lean Six Sigma implementation in Indian healthcare organizations using best-worst-method, TQM J. 35 (2023), 630–653. [38] J. Tobin, A proposal for international monetary reform, East. Econ. Rev. 4 (1978), 153–159. [39] S.K. Wong and K.SH. Cheung, Shing and Deng, Kuang Kuang and Chau, Kwong Wing, policy responses to an overheated housing market: Credit tightening versus transaction taxes, J. Asian Econ. 75 (2021), 101330. [40] L. Xiangyuan and W. Zhiqiao, How taxes impact bank and trade financing for multinational firms, Eur. J. Oper. Res. 286 (2020), no. 1, 218–232. [41] M. Xuting Mao, H. Sun, Zh. Xiaoqian, and L. Jianping, Financial fraud detection using the related-party transaction knowledge graph, Procedia Comput. Sci. 199 (2022), 733–740. [42] J. Yellen, Financial stability a decade after the onset of the crisis, Speech, Chair of the Board of Governors of the Federal Reserve System, at the Federal Reserve Bank in Kansas City Econ. Symp. Foster. Dyn. Glob. Recov., Jackson Hole, 2017. [43] N. Zali, Strategic Futur study in Regional Planning and Development, Research Institute for Strategic Studies, Tehran, 2013. | ||
|
آمار تعداد مشاهده مقاله: 1,017 تعداد دریافت فایل اصل مقاله: 743 |
||