We study how short-selling pressure affects tax aggressiveness using the pilot program on short sales in Regulation SHO. Using a difference-in-differences approach, we find that higher short-selling pressure significantly reduces tax aggressiveness. To explain the reduction, we offer a simple...

Taxation and CSR is becoming an ever-important concept among multinational enterprises (MNEs), but its meaning and its impact on corporations and societies are still uncertain. Despite the lack of common understanding of the meaning of responsible tax behaviour, the concept of 'responsible tax...