Nielsen, Søren Bo; Raimondos-Møller, Pascalis; … - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2007
We examine how a multinational’s choice to centralize or de-centralize its decision structure is affected by country tax differentials. Within a simple model that emphasizes the multiple conflicting roles of transfer prices in MNEs — here, as a strategic pre-commitment device and a tax...