题目：How Does Tax Avoidance Affect Corporate Transparency?

主讲人：孙鲲鹏，清华大学经济管理学院

主持人：杨丹副教授，北京师范大学经济与工商管理学院

地点：后主楼1610

时间：10月10日 10:00-12:00

Abstract: This study examines how tax avoidance affects corporate transparency. Using a large sample of U.S. firms from 1995 to 2016, we find a significant non-linear effect of tax avoidance on transparency. That is, when a firm’s tax avoidance is low, an increase in tax avoidance improves transparency; however, when a firm’s tax avoidance is high, an increase in tax avoidance decreases transparency. These results are robust to using alternative measures of transparency and tax avoidance and in several additional tests. Overall, the findings suggest that the effect of tax avoidance on transparency depends on the level and aggressiveness of firms’ tax avoidance behavior. Our study contributes to the literature on the economic consequences of tax avoidance.

主讲人简介：孙鲲鹏，清华大学会计学博士，主要研究领域为企业避税、媒体作用、公司治理等，在《管理世界》、《投资研究》、《技术经济》等重要期刊以第一作者或通讯作者发表论文，曾参与多项国家自然科学基金项目，并获得研究生国家奖学金等奖项。