IDEAS home Printed from https://ideas.repec.org/a/igg/jssmet/v17y2026i1p1-31.html

Does Gender Diversity Mitigate the Relationship Between Tax Avoidance and Cash Holdings?: Evidence From an Emerging Market

Author

Listed:
  • Samar El Sayad

    (Prince Sultan University, Saudi Arabia & Tanta University, Egypt)

  • Ahmed Diab

    (Prince Sultan University, Saudi Arabia & Beni-Suef University, Egypt)

  • Mohamed Fawzy Elsayed

    (Imam Mohammad Ibn Saud Islamic University (IMSIU), Saudi Arabia)

  • Laila Aladwey

    (Imam Mohammad Ibn Saud Islamic University (IMSIU), Saudi Arabia & Tanta University, Egypt)

Abstract

This study investigates the moderating role of board gender diversity in the relationship between tax avoidance and corporate cash holdings in the Kingdom of Saudi Arabia (KSA), an emerging market in the Gulf Cooperation Council region. The analysis is based on a panel dataset of nonfinancial firms listed in KSA over the period 2020–2023. Fixed-effects regression models are employed to examine the proposed relationships, and robustness checks are conducted using alternative measures of cash holdings and lagged independent variables to mitigate endogeneity concerns. The results reveal a significant positive association between tax avoidance and corporate cash holdings, indicating that firms engaging in greater tax avoidance strategies tend to accumulate higher cash balances. Furthermore, board gender diversity is found to strengthen this relationship, suggesting that gender-diverse boards play an active role in influencing financial decision-making related to tax-driven cash retention.

Suggested Citation

  • Samar El Sayad & Ahmed Diab & Mohamed Fawzy Elsayed & Laila Aladwey, 2026. "Does Gender Diversity Mitigate the Relationship Between Tax Avoidance and Cash Holdings?: Evidence From an Emerging Market," International Journal of Service Science, Management, Engineering, and Technology (IJSSMET), IGI Global Scientific Publishing, vol. 17(1), pages 1-31, January.
    • Handle: RePEc:igg:jssmet:v:17:y:2026:i:1:p:1-31
    as

    Download full text from publisher

    File URL: https://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJSSMET.400761
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:jssmet:v:17:y:2026:i:1:p:1-31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.