This study examines whether the use of tax haven subsidiaries by U.S. multinational corporations (MNCs) is associated with more intense use of share buybacks and with improvement in management's ability to generating revenues. I find that MNCs' more intensive tax haven subsidiary use is...

Chapter 1: The international connections of the Australian colonies -- Chapter 2: Foreign investment before World War One -- Chapter 3: Hidden from view. The multinational enterprise in colonial Australia -- Chapter 4: Early entrants: MNEs in Australia, c.1820-70 -- Chapter 5: The Spread of the...