Dual Class Ownership and Tax Avoidancetax avoidanceagency costsdual class ownershipownership structureThis study investigates whether the agency conflicts inherent in a dual class ownership structure are associated with the level of firms' tax avoidance. Dual class ownership presents a unique agency ...
This study investigates whether the agency conflicts inherent in a dual class ownership structure are associated with the level of firms' tax avoidance. Dual class ownership presents a unique agency problem because insiders control a majority of the votes of a firm despite having claims to a minori...
"Dual Class Ownership and Tax Avoidance." Texas A&M University Working Paper.McGuire, S., W. Dechun, and R. Wilson, 2011. Dual Class Ownership and Tax Avoidance. University of Iowa Working Paper.Mc Guire, Sean; Wang, Dechun; Wilson, Ryan, 2011, Dual Class Ownership and Tax Avoidance,...
Concentrated Corporate Ownership: Stock Pyramids, Cross-Ownership, and Dual Class Equity: The Mechanisms and Agency Costs of Separating Control from Cash-F... 2000. Stock pyramids, cross- ownership and dual class equity: The mechanisms and agency costs of separating control from cash-flow rights....
7 Alternatively, a firm with a lower level of innovation activity is less risky and hence might be more likely to be dual-held by institutions (i.e., the reverse causality concern). Both concerns could hinder me from identifying a causal effect of dual ownership on risk-taking. To ...