Importing corruption culture from overseas: Evidence from corporate tax evasion in the United States

A-Tier
Journal: Journal of Financial Economics
Year: 2015
Volume: 117
Issue: 1
Pages: 122-138

Authors (3)

DeBacker, Jason (not in RePEc) Heim, Bradley T. (Indiana University) Tran, Anh (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study how cultural norms and enforcement policies influence illicit corporate activities. Using confidential Internal Revenue Service (IRS) audit data, we show that corporations with owners from countries with higher corruption norms evade more tax in the U.S. This effect is strong for small corporations and decreases as the size of the corporation increases. In the mid-2000s, the United States implemented several enforcement measures to increase tax compliance. We find that these enforcement efforts were less effective in reducing tax evasion by corporations whose owners are from corrupt countries. This suggests that cultural norms can be a challenge to legal enforcement.

Technical Details

RePEc Handle
repec:eee:jfinec:v:117:y:2015:i:1:p:122-138
Journal Field
Finance
Author Count
3
Added to Database
2026-01-25