Tax Avoidance and M&A
Ekonomski vjesnik/Econviews
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Title |
Tax Avoidance and M&A
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Creator |
Lim, Joohyun
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Description |
This paper examines the relationship between tax avoidance and M&A efficiency in the sample of 243 completed M&As in Korea. I find a negative relationship between tax avoidance and M&A returns. This result suggests that tax avoidance increases information asymmetry between shareholders and managers because it increases corporate opacity. It makes shareholders unable to monitor and control even if managers make opportunistic M&A decisions.
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Publisher |
SCHOLINK INC.
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Contributor |
—
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Date |
2020-07-30
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.scholink.org/ojs/index.php/rem/article/view/3098
10.22158/rem.v5n3p142 |
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Source |
Research in Economics and Management; Vol 5, No 3 (2020); p142
2470-4393 2470-4407 |
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Language |
eng
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Relation |
http://www.scholink.org/ojs/index.php/rem/article/view/3098/3133
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Rights |
Copyright (c) 2020 Joohyun Lim
http://creativecommons.org/licenses/by/4.0 |
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