The Degradation of Reported Corporate Profits

By Mihir A. Desai. 2005

303 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b3806a87bcffe4950485696861c47b562981d971

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Citations in the corpus

Home Country Tax System Characteristics and Corporate Tax Avoidance: International Evidence (2012, methodology): “Desai (2005) argues that these constraints (decreased opportunity and increased monitoring) on managers would result in less overall tax avoidance if required book-tax conformity were increased in the U.S. Prior research suggests the amount of flexibility that firms have to report differences…”
The capital structure of multinational companies under tax competition (2009, background): “On this point see e.g. Desai (2003, 2005).”
The Spread of Aggressive Corporate Tax Reporting: A Detailed Examination of the Corporate-Owned Life Insurance Shelter (2011, background): “In recent research, Desai and Dharmapala (2006) and Frank et al.”
Corporate Tax Avoidance and Firm Value (2009, unknown): “…income reported to capital markets, using Generally Accepted Accounting Principles (GAAP) and to the tax authorities—the so-called book-tax gap—has attracted considerable interest in recent years and has been related to measures of corporate tax avoidance (Manzon & Plesko, 2002; Desai, 2003, 2005).”
A review of tax research (2010, unknown): “While many point to higher conformity around the world, the single accounts which have the greater conformity 32 See Desai (2003), Desai (2005), Desai (2006), Graetz (2005), Murray (2002), Rossotti (2006), and others.”
Tax Aggressiveness and Corporate Transparency (2019, unknown): “these issues, we give careful consideration to potential concerns that our documented negative 4 See Desai and Dharmapala (2006), Desai, Dyck, and Zingales (2007), and Hanlon, Hoopes, and Shroff (2014) for discussions of how tax planning may provide opportunities for insiders to extract rents.”
FDI determination and corporate tax competition in a volatile world (2010, unknown): “Desai [15], [16], and Panteghini [37], [38].”
The Impact of Thin-Capitalization Rules on Multinationals' Financing and Investment Decisions (2006, unknown): “35 the size of the coefficient in specification (2) is remarkably close to the finding of Desai, Foley, and Hines (2004) who report an impact of 0.”
Can Book-Tax Differences Capture Earnings Management and Tax Management? Empirical Evidence from China (2011, unknown): “Desai and Dharmapala (2006) assume BTDs are driven by EM and TM and they develop a measure of tax avoidance by controlling for the component attributable to accounting accruals.”
Credit Ratings and Taxes: The Effect of Book–Tax Differences on Ratings Changes (2008, methodology): “For example, prior research suggests that Enron paid little tax on its inflated earnings from 1996 through 2000 (e.g., Citizens for Tax Justice 2002; Desai 2005).”
The Effect of Tax Authority Monitoring and Enforcement on Financial Reporting Quality (2014, unknown): “6 using aggregate IRS expenditures and the test using the Russian setting originally used by Desai et al. (2007), complement our analyses based on TRAC data. This paper contributes to the literature arguing that tax enforcement serves as a corporate governance mechanism. Desai et al. (2007) argue th”
An unintended consequence of book-tax conformity: A loss of earnings informativeness (2008, background): “Some studies suggest that increasing conformity can improve the informativeness of financial accounting earnings by constraining earnings management (Desai, 2005).”
Corporate Tax Avoidance and Stock Price Crash Risk: Firm-Level Analysis (2011, unknown): “Congress (2003), and Desai (2005).”
Earnings Management, Corporate Tax Shelters, and Book-Tax Alignment (2009, methodology): “Rough estimates using aggregate data on all public corporations, elaborated on in Desai (2005), suggest that a 15 percent tax on reported profi ts could generate the same revenues as the corporate tax does now.”