Desai, Mihir A; Dharmapala, Dhammika - In: The Review of Economics and Statistics 91 (2009) 3, pp. 537-546
Do corporate tax avoidance activities advance shareholder interests? This paper tests alternative theories of corporate tax avoidance using unexplained differences between income reported to capital markets and to tax authorities. OLS estimates indicate that the effect of tax avoidance on firm...
