There is a paucity of research evidence regarding the likely long-term economic consequences of firms' foreign tax credit (FTC) status on asset deployment between the United States and foreign locations. The existing literature primarily focuses on income, not asset, shifting with respect to FTC...

So far the earnings management literature has failed to establish the impact of taxes on the Loan Loss Provisions (LLPs) of financial institutions. We extend the discretionary LLP literature to a less studied area regarding the role of taxes in determining the behaviour of LLPs in a sample of...

This study extends prior research explaining the role of taxes in investment decisions regarding depreciable business assets. It also assesses whether firms’U.S. alternative minimum tax (AMT) status influenced the level of machinery and equipment retired. The article shows analytically that...

The objective of this article is to investigate the effects of the Tax Reform Act of 1986 (TRA86) on financial characteristics of firms in the natural resources industry. Financial characteristics of the post-TRA86 period are compared with financial characteristics in the pre-TRA86 period in a...