accounting decisions to write-offs equity investments. The analysis is based on panel data for Italian companies. In the period …

accounting standards. It is analysed how the incentives to overpay or evade taxes and to inflate book profits are influenced by …

Asymmetric persistence of accounting income is often tested in a regression of changes in earnings on lagged changes in …

. Given the complexity and cost associated with identifying the most effective tax haven to use, an accounting firm can act as … multinationals and tax havens to study the role accounting firm intermediation has on tax haven prices, multinational tax planning … choices, accounting firm profits, and tax revenues. In equilibrium, uniform accounting firm fees generate higher accounting …

result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a …

compensation to managers in low-tax jurisdictions, if payroll enters the FA formula. Managers in high-tax jurisdictions face the …