Are Large Companies Making Poor Acquisition Decisions as a Result of Efforts to Avoid Paying U.S. Taxes?
In their attempts to avoid paying additional taxes, many large, multinational, U.S.-based companies are making dubious foreign acquisitions that may, ultimately, be bad for business.
That’s the research finding of UConn Accounting Professor Todd Kravet, and two of his colleagues, whose work will appear in the forthcoming issue of the journal of Contemporary Accounting Research.Continue Reading