Publications

@mastersthesis{Hansen2019b,

title = {Investigating the effect of firm financialization on effective tax rates},

author = {Hansen, D. S.},

url = {https://corpnet.uva.nl/wp-content/uploads/dsh_thesis-4.pdf},

year  = {2019},

date = {2019-07-03},

abstract = {This thesis discusses the effects of financialization, along with the firm-level driversproviding incentive for firms to engage this process.  It presents argument and evi-dence for firms using the financialization of productive capital to lower their effectivetax rate by eroding their taxable base.  Empirically, this is done by designating fi-nancialization  as  the  increasing  economic  importance  of  intangible  assets  at  thelevel of the firm.  Based on a large sample of approximately 4 million firms  fromthe Orbis database, the reported results are robust against controlling for firm sizealong with other relevant firm-level aspects, firm fixed effects and varying countrycharacteristics.},

keywords = {base erosion, effective tax rates, Financialization, intangible assets},

pubstate = {published},

tppubtype = {mastersthesis}

}