Taxable income as a performance measure: The effects of tax planning and earnings quality
By Benjamin C. Ayers, John (Xuefeng) Jiang, Stacie Kelley Laplante. 2009
178 citations recorded by the source corpus.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/c9e85cb57e3c1d64634bf352c9032118d8cb550f
How researchers see this paper
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In Accounting
- Stacie Kelley Laplante
- Sean T. McGuire
- Benjamin C. Ayers
- G. He
- John (Xuefeng) Jiang
- Dhammika Dharmapala
In Strategy and Management
Citations in the corpus
- A review of tax research (2010, unknown): “14 different market participant, credit ratings agencies, Ayers et al. (2009) find that revisions in credit ratings appear to be more negative when firms have large changes in book-tax differences.15 As discussed above, book-tax differences can arise from a variety of sources.”
- Audit Fees and Book-Tax Differences (2012, unknown): “…does not appear that our results are driven by measurement error due to tax credits in the 20 We use total accruals rather than abnormal accruals (Ayers et al. 2009), because total accruals are more readily available to auditors and Jones et al. (2008) show that total accruals are as effective…”
- Will a departure from tax-based accounting encourage tax noncompliance? Archival evidence from a transition economy (2010, unknown): “Other research indicates that aggressive financial reporting contributes to large differences (Ayers et al., 2009; Hanlon, 2005; Lev and Nissim, 2004; Phillips et al., 2003; Seidman, 2008).”
- Credit Ratings and Taxes: The Effect of Book–Tax Differences on Ratings Changes (2008, background): “of the sum of current tax expense (cash taxes paid) over the five years from year t-5 to year t-1 to the sum of pre-tax book income less special items calculated over the same period (Dyreng, Hanlon and Maydew 2008; Ayers et al. 2009).”
- Tax Avoidance and Ex Ante Cost of Capital (2017, unknown): “3 Numerous studies (e.g., Hanlon 2005, Ayers et al. 2009, Blaylock et al. 2012) provide evidence that investors impound information about the level of a firm’s tax avoidance (specifically, the magnitude of book-tax differences) into stock price.”