This paper examines the interplay between tax and internal reporting incentives among affiliates of multinational corporations (MNCs). Using granular data of affiliates belonging to MNCs from 21 European countries, our study provides new empirical evidence of affiliate reporting responses...

This paper investigates the influence of foreign reinvestment-related and financial reporting incentives on income shifting of U.S. multinational companies. While foreign and domestic policymakers are concerned with the effect of income shifting on dwindling tax revenues, to date no research has...

This study investigates how transfer pricing risk affects the premia in cross-border mergers and acquisitions. Differences in the rigor of transfer pricing enforcement and the severity and clarity of rules across countries create risk of material costs for multinationals as they expand globally....