Purpose: This study investigates the impact of different transfer pricing rules on tax-induced profit shifting. Existing studies create different enforcement rankings of countries based on specific transfer pricing provisions on the assumption that larger penalties and more extensive...

Purpose: The purpose of this paper is to test if companies with a greater concentration of management ownership (and thus more risk-averse managers) avoid less tax. Design/methodology/approach: The authors use a regression analysis with panel data, using as a sample of Brazilian companies from...

This paper investigates the impact of outside directors’ and auditors’ monetary incentives on the association between discretionary accounting and managers’ cash bonuses in a two-tier system. For a sample of German stock corporations from 2005 to 2007 we expect and find that outside...

Mit Hilfe der Management Guidance wird durch kapitalmarktorientierte Unternehmen in unterschiedlicher Form über die voraussichtliche Entwicklung wesentlicher Geschäftszahlen berichtet. Vorliegende empirische Arbeiten gehen einheitlich davon aus, dass eine Punktprognose der erwarteten...

Using as a natural experiment, the German corporate tax rate decrease in 2001, this paper studies the effect of tax accounting incentives on financial statements in a setting where book-tax conformity is strong. We find that companies that generally balance their overall accounting strategy,...