This study tests the relation between corporate tax avoidance and disclosure of geographic earnings for U.S. multinational companies. We find that after the adoption of Statement of Financial Accounting Standards No. 131 in 1998, firms opting to discontinue disclosure of geographic earnings in...

Amid growing globalization, many countries have offered significant tax incentives to attract corporate investment. Prior research studies the role such tax incentives play in firms' location and investment choices. However, we have limited evidence on the role tax enforcement plays in those...

This study analyzes how the Big Five personality traits and professional experience affect the aggressiveness of tax preparers' recommendations. To this aim, we conduct a survey among tax professionals of a Big Four accounting firm and tax students. Using treatment-effects regressions, we find...

The tax literature of the past two decades has been dominated by empirical studies on corporate tax avoidance. What this literature lacks, however, are a quantitative synthesis of these studies and an in-depth discussion of potential convergences and divergences in empirical findings. To...

We investigate how shareholder-and-debtholder conflicts of interest affect corporate tax avoidance using a unique setting of the affiliated and unaffiliated commercial bankers’ board representation. We find that appointing affiliated banker directors, but not unaffiliated banker directors,...

We investigate the degree to which corporations can manipulate their accounting of expenses to avoid taxes, and estimate the corresponding effects for corporate tax bases. We exploit a unique corporate tax reform in Texas that replaced a 4.5% profits tax with a much broader 1% tax on gross...

Research in economics, finance, and management describes a new type of firm and a new way of doing business — the "new economy business model" — that has been reshaping the U.S. economy since at least the mid 1980's. We extend this research and develop a composite measure of this model,...

U.S. multinational corporations (MNCs) need to allocate decision rights between parent companies and subsidiaries to manage global operations. This paper examines how the allocation of decision rights affects foreign earnings management of MNCs. I find that the extent of foreign earnings...

This study explores the link between earnings management and jurisdictional differences in book-tax conformity. A dataset of national reforms where the corporate tax rate is lowered is used to estimate the effect of conformity on private firm's earnings management behavior when a specific...

This paper investigates the empirical relationship between language structures and prevalent tax avoidance practices, specifically focusing on the influence of linguistic future time reference (FTR) on conforming tax avoidance. It also explores how corruption and public governance modulate this...