Abstract :

The recent financial scandals (Enron, WorldCom…) have contributed to placing corporate governance at the heart of the productive organization and to presenting it as the new reality of management. Today, these initiatives are gaining ground in several countries. In this context, researchers emphasize the importance of and the need to develop an increased awareness of enterprise risk management and internal control. Although it is now identified as an integral part of corporate governance, tax risk management has received less attention than risk management in general, and research in this area is still very limited. The aim of this article is two-fold. First, it attempts to analyze the current state of the literature on tax risk management, and second, to propose some avenues for future research in this area. Using a systematic review process, we collected 57 articles published in highly regarded journals listed in the Web Of Science and Google Scholar databases. The review highlights that the results of this literature can be presented in two sections: (I) A discussion of current studies on TRM, including the conceptualization of tax risk, the determinants of the TRM implementation, its tools and mechanisms, and the adoption effects of its process; and (II) recommendations for future research programs. This article makes significant contributions to the academic literature, which can be used by researchers to explore gaps in TRM research. Not only that, practitioners can also draw on the findings presented to gain insight into the importance of a TRM process within their organizations.

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Keywords :

Corporate Governance, Internal Control., Research programs., Tax risk, Tax risk management

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