Taxable Income, Future Earnings, and Equity Values
By Baruch Lev, Doron Nissim. 2004
460 citations recorded by the source corpus.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/57898adf354c9b47724aba6b498f9569b79d12e4
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Edward L. Maydew
- Scott D. Dyreng
- Michelle Hanlon
- Riccardo Cimini
- Gordon Richardson
- Terry Shevlin
- Roman Lanis
- Jennifer Blouin
In Strategy and Management
- Edward L. Maydew
- Scott D. Dyreng
- Riccardo Cimini
- Michelle Hanlon
- Lillian F. Mills
- Andrew P. Schmidt
- Terry Shevlin
- John D. Phillips
Citations in the corpus
- How has the financial crisis affected earnings management? A European study (2015, background): “…(1999); about deferred tax valuation allowances of FAS no. 109: Ayers (1998), Blaylock et al. (2012), Chamberlain (1996), Chen and Daley (1996), Dunbar et al. (2004), Hanlon (2005), Lev and Nissim (2004), Miller and Skinner (1998), Phillips et al. (2003), Phillips et al. (2004), Visvanathan (1998).”
- Tax Avoidance and Geographic Earnings Disclosure (2013, unknown): “However, research also documents a negative relation between firm value and proxies for tax avoidance (e.g., Lev and Nissim 2004; Hanlon 2005).”
- Long-Run Corporate Tax Avoidance (2008, background): “For example, in a Forbes article on tax sheltering a shelter promoter revealed that "A potential client once said that he would hire the firm if we could get his tax rate down, because it was higher than their competitors' and they were embarrassed" (Novack and Saunders 1998). 8 See Rego (2003), Mil”
- The Characteristics that Provide Independent Information about Average U.S. Monthly Stock Returns (2017, unknown): “1% per month mean hedge portfolio return generated by the Lewellen (2013) set of N = 14 RPS, and the corresponding Sharpe ratio is one third larger.”
- The Persistence and Pricing of Earnings, Accruals, and Cash Flows When Firms Have Large Book-Tax Differences (2003, unknown): “In addition, I note that despite these concerns, Schmidt (2003) and Lev and Nissim (2004) investigate information in total book-tax differences using the effective tax rate and the ratio of estimated taxable income to book income, respectively.”
- Tax Aggressiveness and Corporate Transparency (2019, unknown): “In a similar vein, Guay, 6 For example, Lev and Nissim (2004) and Weber (2009) find that the ratio of taxable income to book income is useful in predicting earnings growth, and Hanlon (2005) documents that extreme book-tax differences provide a signal on the persistence of accruals.”