Corporate investments in tax havens: evidence from India

K. V. Mukundhan, Sreevas Sahasranamam, James J. Cordeiro

Research output: Contribution to journalArticle

Abstract

Little is known about the drivers of corporate investments in tax havens from emerging markets. This paper offers extensive descriptive statistics and regression analysis to illustrate the patterns and motivations for tax haven investments by Indian firms over the 2007-2017 period. We find that the motivations for Indian firms to invest in tax havens are not only driven by the benefits of tax avoidance and secrecy of these jurisdictions, but also to seek strategic advantage and efficiency gains in global markets.
LanguageEnglish
Pages1-33
Number of pages33
JournalAsian Business & Management
Publication statusAccepted/In press - 2 Sep 2019

Fingerprint

taxes
India
evidence
firm
secrecy
market
descriptive statistics
jurisdiction
regression analysis
driver
efficiency
Tax havens
Corporate investment
Emerging markets
Regression analysis
Jurisdiction
Efficiency gains
Global market
Secrecy
Statistics

Keywords

  • tax haven
  • India
  • emerging markets
  • emerging market multinationals
  • foreign direct investment (FDI)

Cite this

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Corporate investments in tax havens : evidence from India. / Mukundhan, K. V.; Sahasranamam, Sreevas; Cordeiro, James J.

In: Asian Business & Management, 02.09.2019, p. 1-33.

Research output: Contribution to journalArticle

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KW - emerging market multinationals

KW - foreign direct investment (FDI)

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