Jones, Chris and Temouri, Yama (2016). The determinants of tax haven FDI. Journal of World Business, 51 (2), pp. 237-250.
Abstract
This paper examines the determinants of a multinational enterprise’s (MNEs) decision to set up tax haven subsidiaries. We adapt the Firm-specific advantage–Country-specific advantage (FSA–CSA) framework and construct a number of empirically testable hypotheses. The analysis is based on a database covering 14,209 MNEs in twelve OECD countries. We find that the variety of capitalism of a MNEs home location and the level of technological intensity has a strong impact on this decision. We also find that the home country corporate tax rate has a minimal impact. This suggests that corporate tax liberalisation is unlikely to deter MNEs from undertaking this activity.
Publication DOI: | https://doi.org/10.1016/j.jwb.2015.09.001 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship |
Additional Information: | © 2015 The Authors. Published by Elsevier Inc. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
Uncontrolled Keywords: | theory of FDI and the MNE,varieties of capitalism,tax havens,probit regression,corporate taxation,Business and International Management,Marketing,Finance |
Publication ISSN: | 1878-5573 |
Last Modified: | 05 Nov 2024 08:15 |
Date Deposited: | 26 Oct 2015 14:15 |
Full Text Link: | |
Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) |
PURE Output Type: | Article |
Published Date: | 2016-02 |
Published Online Date: | 2015-09-26 |
Accepted Date: | 2015-09-10 |
Submitted Date: | 2015-01-22 |
Authors: |
Jones, Chris
(
0000-0003-1115-6409)
Temouri, Yama ( 0000-0003-3014-258X) |
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License: Creative Commons Attribution Non-commercial No Derivatives