Purpose: The purpose of this paper is to test if companies with a greater concentration of management ownership (and thus more risk-averse managers) avoid less tax. Design/methodology/approach: The authors use a regression analysis with panel data, using as a sample of Brazilian companies from...

Purpose: This study investigates the impact of different transfer pricing rules on tax-induced profit shifting. Existing studies create different enforcement rankings of countries based on specific transfer pricing provisions on the assumption that larger penalties and more extensive...