Financial Accounting Effects of Tax Aggressiveness: Contracting and Measurement

• 成果类型: Article
• 署名作者: de Waegenaere, Anja; Sansing, Richard; Wielhouwer, Jacco L.
• 署名单位: Tilburg University; Dartmouth College; Tilburg University; Vrije Universiteit Amsterdam
• 刊物名称: CONTEMPORARY ACCOUNTING RESEARCH
• ISSN/ISSBN: 0823-9150
• DOI: 10.1111/1911-3846.12068
• 发表日期: 2015
• 页码: 223-+
• 关键词: Incentives

摘要

This study examines a setting in which a tax-reporting decision is delegated to a firm's tax manager. Using financial accounting measures of tax expense to evaluate the tax manager allows the firm to efficiently attain the level of tax avoidance it prefers, despite the fact that the consequences of the tax-reporting decision will occur in the future. The study also examines how well two accounting measures of tax aggressiveness-cash taxes paid and the unrecognized tax benefit-distinguish between conservative and aggressive firms.