{"id":9343,"date":"2026-04-30T16:28:33","date_gmt":"2026-04-30T08:28:33","guid":{"rendered":"https:\/\/www.ukm.my\/jem\/?post_type=article&#038;p=9343"},"modified":"2026-05-05T12:44:47","modified_gmt":"2026-05-05T04:44:47","slug":"southeast-asias-readiness-for-tax-transparency-exploring-the-nexus-among-tax-transparency-tax-planning-and-firm-value","status":"publish","type":"article","link":"https:\/\/www.ukm.my\/jem\/article\/southeast-asias-readiness-for-tax-transparency-exploring-the-nexus-among-tax-transparency-tax-planning-and-firm-value\/","title":{"rendered":"Southeast Asia\u2019s Readiness for Tax Transparency: Exploring the Nexus Among Tax Transparency, Tax Planning and Firm Value"},"content":{"rendered":"<p><em>This research evaluates the Southeast Asia region&#8217;s preparedness towards implementing tax transparency policies and analyzes the interrelation between tax transparency, tax planning, and the value of a firm. Conducting an explanatory quantitative approach, the study captures data from prominent firms in Southeast Asia for the years 2019-2023. The results indicate that the level of tax transparency in the region is generally low, however there is some progressive improvement after the adoption of GRI 207: Tax Standard. In addition, the analysis shows there is considerable negative correlation between tax transparency and firm value which indicates that higher tax transparency may increase the risk perception by investors. There is also some negative impact on firm value from tax planning which suggests that there is some regulatory and reputational risk from aggressive tax planning. Relevant findings suggest more rigid control mechanisms to be put in place to increase tax transparency and reduce aggressive tax planning activities in Southeast Asian countries.<\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n","protected":false},"template":"","tags":[2021,2022,2024,1228,2023,2020],"jel-code":[],"article-type":[1329],"class_list":["entry","author-asriwn","post-9343","article","type-article","status-publish","tag-firm-value","tag-global-reporting-initiative-207","tag-tax-for-sustainable-development-goals","tag-tax-planning","tag-tax-standard","tag-tax-transparency","article-type-normal-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Southeast Asia\u2019s Readiness for Tax Transparency: Exploring the Nexus Among Tax Transparency, Tax Planning and Firm Value | Jurnal Ekonomi Malaysia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ukm.my\/jem\/article\/southeast-asias-readiness-for-tax-transparency-exploring-the-nexus-among-tax-transparency-tax-planning-and-firm-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Southeast Asia\u2019s Readiness for Tax Transparency: Exploring the Nexus Among Tax Transparency, Tax Planning and Firm Value | Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"og:description\" content=\"This research evaluates the Southeast Asia region&#8217;s preparedness towards implementing tax transparency policies and analyzes the interrelation between tax transparency, tax planning, and the value of a firm. Conducting an explanatory quantitative approach, the study captures data from prominent firms in Southeast Asia for the years 2019-2023. The results indicateContinue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ukm.my\/jem\/article\/southeast-asias-readiness-for-tax-transparency-exploring-the-nexus-among-tax-transparency-tax-planning-and-firm-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-05T04:44:47+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@EkonomiJurnal\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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