Significant controversy has emerged about the scope of the international tax planning of U.S. multinational firms, with estimates of income shifted out of the U.S., profits recognized in tax havens, and revenue loss ballooning over time. Most studies that derive these empirical estimates use...

Significant controversy has emerged about the scope of the international tax planning of U.S. multinational firms, with estimates of income shifted out of the U.S., profits recognized in tax havens, and revenue loss ballooning over time. Most studies that derive these empirical estimates use...

How sensitive is inward foreign direct investment (FDI) from the United States (US) to developing Asia to corporate tax rates? This is a relevant question given the sweeping US tax bill effective in 2018, which provided incentives for US corporations abroad to repatriate profits. Using panel...

In this chapter we address the lack of sufficient entrepreneurship in multinational enterprises that seek to improve their ability to achieve national responsiveness. The main reason for this deficiency appears to be the transfer of proven routines from the home country, even when it is clear...