We analyze the effect of mandatory financial transparency on corporate tax avoidance. Capital Requirements Directive IV …

for up to 5 years between 2013 and 2017. I identify the main locations of European bank's profits, which include the …

bank has operations. We find that profits - particularly those recorded in tax havens - are negatively affected by …

calculating and presentation of the data. Based on a sample of CbCRs published by EU-headquartered multinational bank groups, we … analyze the reporting behavior and the degree of transparency across the reports. We observe a large heterogeneity with …, with CbCRs prepared by bank groups from the United Kingdom and Germany being the most transparent. Inconsistencies in …

parties have called for more transparency in financial reporting, especially by means of a Country-by-Country Reporting (CbCR …

contend that capital market reactions to an upcoming increase in tax transparency are not generalizable to other industries …

calculating and presentation of the data. Based on a sample of CbCRs published by EU-headquartered multinational bank groups, we … analyze the reporting behavior and the degree of transparency across the reports. We observe a large heterogeneity with …, with CbCRs prepared by bank groups from the United Kingdom and Germany being the most transparent. Inconsistencies in …

multinational bank groups headquartered in the EU for 2014-2016. We compare this new dataset with information from Orbis and Bank … Focus to assess in how far the new disclosure obligation increased transparency on banks' tax avoidance behavior. Our … EU bank groups, especially in tax havens. We also document a striking disconnect between reported profits and real …