Marketing

Best practice

Context (archaeology)

Ecology

Biology

Sustainability

Public relations

Computer security

Accounting

Originality

Economics

Computer science

Asset (computer security)

Business

Qualitative research

Corporate governance

Paleontology

Relevance (law)

Management

Corporation

Political science

Value (mathematics)

Sociology

Risk management

Integrated reporting

Finance

Machine learning

Social science

Meditari Accountancy Research

Purpose Tax risk-management (TRM) is relatively understudied in the area of corporate governance and integrated reporting. The purpose of this study is to identify whether South African organisations identify, rank and manage tax risks in terms of importance and relevance to their own corporation. The study also aims to identify the link, if any, between TRM practices being implemented and the discussion and disclosure of these practices in the integrated report. Design/methodology/approach Detailed interviews with some of South Africa’s leading tax and corporate governance experts are used to highlight the TRM practices currently in place, as well as the evolution of these practices. These interviews also identify the connection between the practices and the integrated reporting disclosures. Findings The experts interviewed have identified a sound understanding of TRM practices in place and certainly some evolution of these practices over the past five years. What has been identified though is the need for further enhancement and incorporation of TRM practices into the corporate governance control structures within organisations. Integrated reporting disclosure of TRM still appears to be an area where there is need for improvement, specifically a better understanding by companies of how to use their integrated reports as a strategic asset of the company as opposed to merely a compliance exercise. Research limitations/implications The research relies on a relatively small sample of subject experts and does not provide a complete account of TRM developments. Originality/value The study adds value by contributing to research conducted on TRM. Although there has been research on ERM from a corporate governance perspective, few studies have examined this from a tax perspective, and there is virtually no formal academic research on the relationship between TRM and corporate governance from a South African perspective.

The perceived relevance of tax risk-management in a South African context