Purpose – The purpose of this paper is to examine whether focused attention on a firm by an external organization, group, or influential analyst generates greater investor awareness that can affect a firm's value and cost of capital. This study is motivated by contemporary research that...

While the federal and state income taxation of regular sole proprietorships and single member LLCs taxed as sole proprietorships and the taxation of the owners of such businesses is substantially the same, there are a number of tax and non-tax differences that should be taken into account in...

Estate planners undertake various strategies to minimize estate taxes and income taxes of the estate and beneficiaries with respect to property received from the estate. A tax planning strategy that can significantly reduce income taxes of the estate and/or its beneficiaries is to structure the...

Reform of the U.S. international tax policy is under consideration in Congress. Policymakers are concerned with both reducing tax disincentives to repatriate earnings to the U.S. and with constraining business tactics to move U.S. income offshore. We argue that to achieve significant tax reform,...

Firms that lobbied for the tax holiday for repatriations provided under the American Jobs Creations Act of 2004 were the largest beneficiaries of the provision. They repatriated an average of over $4 billion under the Jobs Act. Although firms that lobbied for the tax holiday repatriated large...