The economics of managerial taxes and corporate risk-taking
We examine the relation between managers’ personal income tax rates and their corporate investment decisions. Using plausibly exogenous variation in federal and state tax rates, we find a positive relation between managers’ personal tax rates and their corporate risk-taking. Moreover—and consistent...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2019
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1793 https://ink.library.smu.edu.sg/context/soa_research/article/2820/viewcontent/The_Economics_of_Managerial_Taxes_and_Corporate_Risk_Taking__The_Accounting_Review_94_pages_1_24.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |