This study examines the relation between climate policy uncertainty (CPU) and corporate tax avoidance. Using a novel measure of CPU, we document that CPU is negatively related to effective taxes rates for both contemporary and future years. During higher levels of CPU, firms undertake aggressive...

Global temperature has gradually been warming, which has had different impacts on economic activities in various countries. How to mitigate the negative impact of global climate change on economic development has become an important issue of concern for both governments and academia. In this...