This study examines the relation between social concerns on firms' tax positions and their cost of equity. Corporate social performance can influence capital market processes but little empirical evidence has been presented yet in terms of the effects of tax disputes on shareholder preference. I...

We investigate the relationship between relationship between U.S. Treasury bill yields and the dividend yield of the S&P 500 in the period before and after the passage of the Jobs Growth Tax Relief Reconciliation Act (JGTRRA) in 2003. The results suggest that there is an upward pressure on the...