Matches in SemOpenAlex for { <https://semopenalex.org/work/W3091787536> ?p ?o ?g. }
- W3091787536 endingPage "1067" @default.
- W3091787536 startingPage "1037" @default.
- W3091787536 abstract "Although prior studies provide evidence on the financial reporting incentives to inflate core earnings through classification shifting (e.g., shifting core expenses to income-decreasing non-core items), few examine the tax-related incentive to report lower core earnings through classification shifting. We examine the effect of controlling shareholders’ tax incentives on firms’ classification shifting using the introduction of a tax law in Korea that imposes a gift tax on controlling shareholders based on firms’ reported core earnings. This tax law creates incentives for managers to report lower core earnings through classification shifting, even though doing so would incur significant financial reporting costs. Using a difference-in-differences research design, we find that firms with controlling shareholders subject to the gift tax exhibit a significant decline in classification shifting in the post-tax period, while those not subject to the tax do not. We also predict and find that the extent to which managers reduce classification shifting decreases with financial reporting costs and increases with the tax benefits. Overall, our results indicate that firms forgo financial reporting benefits associated with reporting higher core earnings for the tax savings of their controlling shareholders." @default.
- W3091787536 created "2020-10-15" @default.
- W3091787536 creator A5022833529 @default.
- W3091787536 creator A5068984030 @default.
- W3091787536 creator A5075234406 @default.
- W3091787536 date "2021-02-27" @default.
- W3091787536 modified "2023-09-30" @default.
- W3091787536 title "Controlling Shareholders' Tax Incentives and Classification Shifting*" @default.
- W3091787536 cites W1906126566 @default.
- W3091787536 cites W1994884203 @default.
- W3091787536 cites W2006651607 @default.
- W3091787536 cites W2014983392 @default.
- W3091787536 cites W2018720779 @default.
- W3091787536 cites W2020191807 @default.
- W3091787536 cites W2030812382 @default.
- W3091787536 cites W2069443262 @default.
- W3091787536 cites W2076035820 @default.
- W3091787536 cites W2079411743 @default.
- W3091787536 cites W2086440694 @default.
- W3091787536 cites W2118889105 @default.
- W3091787536 cites W2133723203 @default.
- W3091787536 cites W2153082366 @default.
- W3091787536 cites W2314522636 @default.
- W3091787536 cites W2317074792 @default.
- W3091787536 cites W2518485766 @default.
- W3091787536 cites W2597503617 @default.
- W3091787536 cites W2801681869 @default.
- W3091787536 cites W2884098204 @default.
- W3091787536 cites W2962677781 @default.
- W3091787536 cites W3121251060 @default.
- W3091787536 cites W3121406319 @default.
- W3091787536 cites W3122178585 @default.
- W3091787536 cites W3122188839 @default.
- W3091787536 cites W3122621897 @default.
- W3091787536 cites W3122812581 @default.
- W3091787536 cites W3122833207 @default.
- W3091787536 cites W3122869449 @default.
- W3091787536 cites W3123227524 @default.
- W3091787536 cites W3123394183 @default.
- W3091787536 cites W3123457058 @default.
- W3091787536 cites W3123494662 @default.
- W3091787536 cites W3123915208 @default.
- W3091787536 cites W3124170598 @default.
- W3091787536 cites W3124365414 @default.
- W3091787536 cites W3124392350 @default.
- W3091787536 cites W3124473506 @default.
- W3091787536 cites W3124599649 @default.
- W3091787536 cites W3124812324 @default.
- W3091787536 cites W3124830097 @default.
- W3091787536 cites W3125202188 @default.
- W3091787536 cites W3125254695 @default.
- W3091787536 cites W3125469707 @default.
- W3091787536 cites W3125684456 @default.
- W3091787536 cites W3125717595 @default.
- W3091787536 cites W3125838763 @default.
- W3091787536 cites W3126108583 @default.
- W3091787536 doi "https://doi.org/10.1111/1911-3846.12654" @default.
- W3091787536 hasPublicationYear "2021" @default.
- W3091787536 type Work @default.
- W3091787536 sameAs 3091787536 @default.
- W3091787536 citedByCount "3" @default.
- W3091787536 countsByYear W30917875362021 @default.
- W3091787536 countsByYear W30917875362023 @default.
- W3091787536 crossrefType "journal-article" @default.
- W3091787536 hasAuthorship W3091787536A5022833529 @default.
- W3091787536 hasAuthorship W3091787536A5068984030 @default.
- W3091787536 hasAuthorship W3091787536A5075234406 @default.
- W3091787536 hasConcept C100001284 @default.
- W3091787536 hasConcept C10138342 @default.
- W3091787536 hasConcept C120757647 @default.
- W3091787536 hasConcept C144133560 @default.
- W3091787536 hasConcept C162324750 @default.
- W3091787536 hasConcept C175444787 @default.
- W3091787536 hasConcept C29122968 @default.
- W3091787536 hasConcept C39389867 @default.
- W3091787536 hasConceptScore W3091787536C100001284 @default.
- W3091787536 hasConceptScore W3091787536C10138342 @default.
- W3091787536 hasConceptScore W3091787536C120757647 @default.
- W3091787536 hasConceptScore W3091787536C144133560 @default.
- W3091787536 hasConceptScore W3091787536C162324750 @default.
- W3091787536 hasConceptScore W3091787536C175444787 @default.
- W3091787536 hasConceptScore W3091787536C29122968 @default.
- W3091787536 hasConceptScore W3091787536C39389867 @default.
- W3091787536 hasIssue "2" @default.
- W3091787536 hasLocation W30917875361 @default.
- W3091787536 hasOpenAccess W3091787536 @default.
- W3091787536 hasPrimaryLocation W30917875361 @default.
- W3091787536 hasRelatedWork W1521721032 @default.
- W3091787536 hasRelatedWork W1762587643 @default.
- W3091787536 hasRelatedWork W1773177988 @default.
- W3091787536 hasRelatedWork W2009188595 @default.
- W3091787536 hasRelatedWork W2030507414 @default.
- W3091787536 hasRelatedWork W2117912286 @default.
- W3091787536 hasRelatedWork W2389710363 @default.
- W3091787536 hasRelatedWork W2948042292 @default.
- W3091787536 hasRelatedWork W3123474207 @default.
- W3091787536 hasRelatedWork W3123692745 @default.
- W3091787536 hasVolume "38" @default.