Tax-savvy executives

被引：12

作者：

Kubick, Thomas R. ^{[1
]}

Li, Yijun ^{[2
]}

Robinson, John R. ^{[3
]}

机构：

[1] Univ Nebraska, Sch Accountancy, Lincoln, NE USA

[2] Erasmus Univ, Rotterdam, Netherlands

[3] Texas A&M Univ, Mays Sch Business, James Benjamin Dept Accounting, Mail Stop 4353 TAMU, College Stn, TX 77843 USA

来源：

REVIEW OF ACCOUNTING STUDIES | 2020年 / 25卷 / 04期

关键词：

Corporate taxes; Effective tax rates; Employment history; Professional experience; FINANCIAL CONSTRAINTS; MANAGERIAL ABILITY; NETWORK TIES; CORPORATE; FIRM; PERFORMANCE; INCENTIVES; MANAGEMENT; AGGRESSIVENESS; SUCCESSION;

D O I：

10.1007/s11142-020-09543-y

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We investigate why firms include individuals with significant professional tax experience on their senior management team and the consequences associated with the presence of thesetax-savvyexecutives. We find that past performance, network connections, geographic location, and tax-rate level, relative to industry peers, are all significant determinants of having a tax-savvy executive on the senior management team. Using propensity-score matching, we find that effective tax rates decrease substantially after the addition of a tax-savvy executive to senior management and revert following the departure of such an executive. We connect the changes in effective tax rates to changes in the usage of foreign subsidiaries in low tax jurisdictions.

引用

页码：1301 / 1343

页数：43

共 67 条

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