The Reputational Costs of Tax Avoidance

By John Gallemore, Edward L. Maydew, Jacob R. Thornock. 2014

439 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b2d37c6ba1dca2a8a3dc9f3ca8e64794faafe9f0

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Citations in the corpus

Are Female CFOs Less Tax Aggressive? Evidence from Tax Aggressiveness (2014, neutral): “The final section summarizes and concludes.”
The taxman cometh: Does tax uncertainty affect corporate cash holdings? (2017, positive): “(2013), and Gallemore et al. (2014) examine whether firms are concerned about reputational effects of tax avoidance and whether firms bear reputational costs (measured in a variety of ways) upon revelation of tax aggressive activities. These studies report mixed evidence. In addition, Kim et al. (20”
Public Pressure and Corporate Tax Behavior (2016, neutral): “(Hanlon and Slemrod 2009; Gallemore et al. 2014; Graham et al. 2014; Austin and Wilson 2015)”
Corporate Governance, Incentives, and Tax Avoidance (2015, background): “5 The lack of evidence of significant costs of tax avoidance is frequently referred to in the literature as the “undersheltering puzzle” (e.g., Desai and Dharmapala, 2006; Weisbach, 2002; Hanlon and Heitzman, 2010; and Gallemore et al., 2012).”
The effect of corporate tax avoidance on the cost of equity (2013, background): “Earlier papers examine how investors value extreme forms of tax planning such as tax sheltering and uncertain tax avoidance and the results are inconclusive (Hanlon and Slemrod 2009, Wilson 2009; Koester 2013; Gallemore et al. 2014; Hutchens and Rego 2015).”
Customer-Supplier Relationships and Corporate Tax Avoidance (2017, background): “Apart from the costs of attracting the scrutiny of policy-makers and tax authorities, firms appear to be wary of reputational consequences of adverse press coverage, although empirical evidence of lasting reputational effects is mixed (Gallemore et al., 2013).”
Tax Avoidance and Ex Ante Cost of Capital (2017, positive): “This demand by investors for some firms to engage in more tax avoidance is consistent with the small negative market reaction to revelations of corporate tax shelter investments (Hanlon and Slemrod 2009) and little reputational cost of tax-shelter activity (Gallemore et al. 2014).”