Benkraiem, Ramzi; Gaaya, Safa; Lakhal, Faten - In: Research in international business and finance 69 (2024), pp. 1-22
altered due to high external financing cost. We also find that the relation between tax avoidance activities and investment …This paper provides new evidence on the relationship between corporate tax avoidance, and investment inefficiency … them to underinvest. More importantly, the results show that the relationship between tax avoidance and investment …
