... of pre-tax earnings, and we examine three empirical measures: GAAP effective tax rate (GAAP ETR), cash ETR, and current ETR. We limit our sample to include only firms that appoint interim CEOs (test firms) and then match each “interim CEO firm” with a “direct-succession firm” (control firms...

... about tax-deductibility award higher damages when the defendant's effective tax rate (ETR) is low, but not when ETR is high. Our results highlight the cost of tax avoidance (low ETRs) for firms in a previously unexamined setting. Our findings suggest that allowing jurors to consider tax-deductibility...

... suggest that attention to the demands of non-shareholder stakeholders is curtailed when firms face scarce resources. corporate social responsibility tax avoidance earnings performance effective tax rate Corporate social responsibility (CSR) integrates economic, legal, ethical...