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A Review of International Management Research on Corporate Taxation

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Abstract

Since international economic liberalization over the past decades has increased the scope for corporate tax arbitrage and such arbitrage has been increasingly scrutinized, taxes have become a more important managerial issue in multinational enterprises (MNEs) and thus a topic of interest for international management (IM) studies. We provide an exploratory overview of the main foci and findings of the resulting body of research, outline how these foci and findings compare to those of international corporate taxation studies in adjacent fields, and propose an agenda for future IM research on corporate taxation. We find that extant IM research has focused on four types of tax-related acts – i.e., income shifting, international relocations of headquarters, internationalization of operational activities, and tax evasion – and identify three important avenues for future research. These avenues concern the use of better operationalizations of corporate income tax burdens and tax havens, the further study of the effects of tax-related formal and informal institutions, and the study of tax-related corporate political activity. More generally, our review shows that, rather than being a mere financial issue, international corporate taxation has various strategic, behavioral, and political dimensions that warrant more attention from IM scholars.

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Notes

  1. We define such studies as those focused on the conduct of business and the management of firms across countries. They thus also include what some might refer to as ‘international business studies’.

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Acknowledgements

We thank two anonymous reviewers for their valuable comments on earlier versions of this paper. The first author gratefully acknowledges the financial support of FWO (Grant number G082619N).

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  1. Faculty of Economics and Business, KU Leuven, Warmoesberg 26, 1000, Brussels, Belgium

    Aleksi Eerola & Arjen H. L. Slangen

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Eerola, A., Slangen, A.H.L. A Review of International Management Research on Corporate Taxation. Manag Int Rev 62, 643–680 (2022). https://doi.org/10.1007/s11575-022-00484-z

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