The effect of corporate tax avoidance on the cost of equity

• Main Authors: GOH, Beng Wee, LEE, Jimmy Kiat Bee, LIM, Chee Yeow, Shevlin, Terry
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: tax avoidance; tax planning; cost of equity; Accounting; Corporate Finance; Taxation
• Online Access: https://ink.library.smu.edu.sg/soa_research/1050; http://ssrn.com/abstract=2237742
• Institution: Singapore Management University

While prior studies have examined how investors perceive extreme forms of tax avoidance behavior such as tax sheltering and uncertain tax position (e.g., Hanlon and Slemrod 2009; Wilson 2009; Koester 2011; Hutchens and Rego 2012), there is little evidence on how investors perceive less extreme forms...