Tax Enforcement and Income Diversion: Evidence after Putin’s election in 2000

Gómez, Juan Pedro; Mironov, Maxim

Publication:
Tax Enforcement and Income Diversion: Evidence after Putin’s election in 2000

dc.contributor.author	Gómez, Juan Pedro
dc.contributor.author	Mironov, Maxim
dc.contributor.ror	https://ror.org/02jjdwm75
dc.date.accessioned	2024-10-22T14:26:03Z
dc.date.available	2024-10-22T14:26:03Z
dc.date.issued	2019-10-08
dc.description.abstract	Using a direct estimate of income diversion for a large sample of Russian firms from 1999 through 2004, we show that an increase in tax enforcement after Putin’s election in 2000 is associated with a decrease in the appropriation of private rents by insiders both in firms explicitly targeted as tax evaders and among the largest firms in the sample. We interpret the latter as evidence consistent with a simultaneous spillover effect derived from the threat posed by tighter tax enforcement. This effect persists both economically and statistically in a subsample of listed companies after controlling for changes in firm-level corporate governance.
dc.description.peerreviewed	yes
dc.description.status	Published
dc.format	application/pdf
dc.identifier.citation	Juan Pedro Gomez and Maxim Mironov (2019), "Tax Enforcement and Income Diversion: Evidence after Putin’s election in 2000", Journal of Law, Finance, and Accounting: Vol. 4: No. 1, pp 35-65. http://dx.doi.org/10.1561/108.00000033
dc.identifier.doi	http://dx.doi.org/10.1561/108.00000033
dc.identifier.issn	2380-5013
dc.identifier.uri	https://hdl.handle.net/20.500.14417/3290
dc.issue.number	1
dc.journal.title	Journal of Law, Finance, and Accounting
dc.language.iso	en
dc.page.final	65
dc.page.initial	35
dc.page.total	30
dc.publisher	Now Publisher
dc.relation.department	Finance
dc.relation.entity	IE University
dc.relation.school	IE Business School
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.accessRights	info:eu-repo/semantics/openAccess
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject.keyword	Corporate finance
dc.subject.keyword	Taxation
dc.subject.keyword	Political corruption
dc.title	Tax Enforcement and Income Diversion: Evidence after Putin’s election in 2000
dc.type	info:eu-repo/semantics/article
dc.version.type	info:eu-repo/semantics/acceptedVersion
dc.volume.number	4
dspace.entity.type	Publication
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