Show simple item record

dc.contributor.advisorRobinson, John Richarden
dc.creatorBrown, Jennifer Lynn, 1975-en
dc.date.accessioned2008-08-29T00:14:28Zen
dc.date.available2008-08-29T00:14:28Zen
dc.date.created2008-05en
dc.date.issued2008-08-29T00:14:28Zen
dc.identifierb70654888en
dc.identifier.urihttp://hdl.handle.net/2152/3850en
dc.descriptiontexten
dc.description.abstractThis paper investigates the spread of aggressive corporate tax reporting by modeling a firm's decision to adopt the corporate-owned life insurance (COLI) shelter. I use a sample of known COLI participants to examine whether certain firm characteristics are associated with the decision to adopt a COLI shelter. I find some evidence that firms with higher performance-matched discretionary accruals are more likely to adopt a COLI shelter, suggesting a positive relation between aggressive financial reporting and aggressive tax reporting. I also find that firms with greater capital market visibility are less likely to adopt a COLI shelter, consistent with a potential reputational cost for being associated with aggressive tax avoidance activities. Further, my results suggest that COLI adopters are generally R&D intensive firms with low leverage and few foreign operations. In addition to firm specific characteristics, I consider two explanations for the spread of COLI adoption motivated by theory on diffusion of innovations and institutional isomorphism. I investigate whether firms imitate prior COLI adopters and whether COLI adoption spreads through common auditors. My results are not consistent with an imitation explanation. Further, my results suggest that having the same auditor as a prior COLI adopter does not increase the likelihood that a firm will adopt COLI.en
dc.format.mediumelectronicen
dc.language.isoengen
dc.rightsCopyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works.en
dc.subject.lcshCompany-owned life insuranceen
dc.subject.lcshCorporations--Taxationen
dc.subject.lcshCorporations--Accountingen
dc.subject.lcshTax sheltersen
dc.subject.lcshTax planningen
dc.titleThe spread of aggressive corporate tax reporting : a detailed examination of the corporate-owned life insurance shelteren
dc.description.departmentAccountingen
dc.identifier.oclc241303402en
dc.type.genreThesisen
thesis.degree.departmentAccountingen
thesis.degree.disciplineAccountingen
thesis.degree.grantorThe University of Texas at Austinen
thesis.degree.levelDoctoralen
thesis.degree.nameDoctor of Philosophyen


Files in this item

Icon

This item appears in the following Collection(s)

Show simple item record