Siahaan, Fernando; Amberger, Harald; Sureth, Caren - 2023
This study investigates the effect of a Turnover-based Corporate Income Tax (TbCIT) on corporate risk-taking. TbCIT is … rich sample of Indonesian firms for the years 2009 to 2021, we provide evidence that corporate risk-taking is negatively … firms with prior year losses. However, we find no association between risk-taking and the effective TbCIT rate. Overall, our …