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Corporate tax avoidance practice has gathered a certain attention from researchers in recent years with the advent of corporate social responsibility and the need for firms and managers to find ways to maximize firm value while using more sustainable practices. In this study, using data from...
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We study the effect of antitakeover provisions (ATPs) on innovation. To establish causality, we use a regression …, causal effect of ATPs on innovation. This positive effect is more pronounced in firms that are subject to a larger degree of … information asymmetry and operate in more competitive product markets. The evidence suggests that ATPs help nurture innovation by …
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