This article reviews tax research related to domestic and multinational capital structure,
payout policy, compensation policy, risk management, and organizational form. For each …

This paper comprehensively reviews the Accounting for Income Taxes (AFIT) literature. We
begin by identifying four distinctive aspects of AFIT and briefly covering the rules …

This paper investigates whether economies of scale exist for tax planning. In particular, do
larger, more profitable, multinational corporations avoid more taxes than other firms …

This paper traces the development of archival, microeconomic-based, empirical income tax
research in accounting over the last 15 years. The paper details three major areas of …

This paper focuses on how best to measure the corporate marginal tax rate, which is an
important input into financial analysis of the cost of capital, financing policy, corporate …

This paper examines whether market participants implicitly assign different coefficients to
pension cost components when determining security prices. The major findings are:(1) The …

This article examines the capital structure implications of defined benefit corporate pension
plans. The magnitude of the liabilities arising from these pension plans is substantial. We …

We examine whether the compensation incentives of top management affect the extent of
risk shifting versus risk management behavior in pension plans. We find that risk shifting …

This paper examines the effects of firms' financial and pension profiles on their funding
strategies and actuarial choices. The paper uses reports filed by individual pension plans …

This article empirically examines the relationship between the funding of defined benefit
pension plans and corporate debt ratings. The evidence indicates that unfunded pension …