...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Management science: Journal of the Institute of Management Sciences >Supporting Tax Policy Change Through Accounting Discretion: Evidence from the 2012 Elections
【24h】

Supporting Tax Policy Change Through Accounting Discretion: Evidence from the 2012 Elections

机译：通过会计自行决定支持税收政策：来自2012年选举的证据

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

Some corporations attempt to lessen their tax burden through involvement in the legislative process. We identify firms that contributed to congressional candidates who favor reductions in the U.S. corporate statutory tax rate. This support created a temporary incentive to manage effective tax rates (ETRs) up. We document that these firms increased their reported effective tax rate in the two calendar quarters preceding the 2012 election relative to adjacent periods and other firms supporting candidates in the same election. We find that the variation in upward ETR management is correlated with firm-level proxies for potential reputational costs, capital markets costs, and long-run tax burdens. The variation in upward ETR management is also correlated with firm-candidate-level proxies for strength of relationships and competitiveness of election races. Our findings provide new evidence on accounting choices in support of corporate political activity and on the political cost hypothesis in the tax setting.
机译：有些公司试图通过参与立法过程来减少税收负担。我们识别有助于减少美国法定税率的国会候选人的公司。此支持创建了管理有效税率（ETRS）的暂时激励。我们证明，这些公司在2012年在2012年选举中的两个日历宿舍内提高了其报告的有效税率，相对于邻近期间和支持同一选举的候选人的其他公司。我们发现，向上ETR管理的变化与潜在的声誉成本，资本市场成本和长期税收负担相关的企业级别代理。向上ETR管理的变化也与坚定的候选水平代理相关，以实现关系的力量和选举比赛的竞争力。我们的调查结果为支持企业政治活动和税收制定的政治成本假设提供了新的证据。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号