Hill, Matthew D.; Kubick, Thomas R.; Brandon Lockhart, G.; … - In: Journal of Banking & Finance 37 (2013) 8, pp. 2836-2849
We find evidence suggesting that corporate lobbying for tax purposes over the period 1999–2009 is one method by which firms managed corporate taxes. Furthermore, tax management strategies employed by these politically active firms were valued by shareholders. Firms lobbying on tax issues have...