Incorporating the firm’s corporate parent in a tax haven is a major decision that receives significant attention from many stakeholders, yet certain implications of this corporate strategy remain unclear. While tax haven incorporation offers tax savings, it also imposes risks that are...

Risk oversight by the board of directors is a key component of a firm's enterprise risk management framework, and recently, boards have paid more attention to their firm's tax-planning activities. In this study, we use a hand-collected sample of proxy statement disclosures about the board's role...

We study the tax outcomes associated with losses in publicly traded U.S. multinational firms. We find that tax planning using tax haven operations, which is commonly associated with relatively favorable tax outcomes for profitable firms, is associated with poor tax outcomes from losses compared...

We investigate whether tax avoidance and manager diversion are complementary when the costs of diversion are low by comparing dividend payouts, performance, and overinvestments of tax haven firms versus other multinational firms based in countries with weak and strong investor protections. Desai...

The ethicality of corporate tax avoidance is an important concern to many stakeholders, including corporate affiliates (e.g., managers, shareholders, employees), politicians, the public, academics, and practitioners. This chapter provides a theoretical examination of the ethicality of corporate...

This study further examines the negative association between tax havens and firm-level transparency suggested by prior research by examining firms with tax haven parent entities that are based primarily in non-tax haven countries. I examine whether the negative association between tax haven...