This paper examines the association between managers' cash bonuses and discretionary accounting choices in a sample of German stock corporations from 2005 to 2007. We investigate managers' earnings management behavior with respect to their bonus compensation and the independence of outside...

This study examines the effect of managers' career concerns on tax avoidance using the staggered recognition by state courts of the Inevitable Disclosure Doctrine (IDD), a trade secret protection doctrine which places greater restrictions on managers from joining or forming a rival company. We...

In this study, we investigate the association between financial constraints, at both the macroeconomic and firm-specific level, and one potentially significant source of internal funds available to firms – cash savings generated through tax planning. In equilibrium a firm will undertake tax...