Journal article
Tax Boycotts
The Accounting review, Vol.99(1), pp.1-29
01/01/2024
DOI: 10.2308/TAR-2021-0213
Abstract
ABSTRACT To what extent do U.S. consumers change their purchase behavior or, in the extreme, boycott companies based on negative information about corporate tax activities? Practitioner publications and academic research identify consumers as a key corporate tax stakeholder. But we have limited empirical evidence whether information about corporate tax activities influences consumer actions. We undertake a comprehensive study of this question, triangulating across several settings. First, a representative sample of consumers suggests they rarely boycott in response to corporate tax activities. Next, an analysis of granular retail scanner data fails to provide compelling evidence of consumer purchase responses to negative tax news. An analysis of individual foot traffic at retail establishments around negative tax news again fails to suggest U.S. consumers change their shopping activities in response to negative tax news. The combined evidence suggests consumers do not meaningfully alter their purchase behavior in response to negative tax news. JEL Classifications: M41; M48; H25; H26.
Details
- Title: Subtitle
- Tax Boycotts
- Creators
- H. Scott Asay - University of IowaJeffrey L. Hoopes - University of North Carolina at Chapel HillJacob R. Thornock - Brigham Young UniversityJaron H. Wilde - University of Iowa
- Resource Type
- Journal article
- Publication Details
- The Accounting review, Vol.99(1), pp.1-29
- DOI
- 10.2308/TAR-2021-0213
- ISSN
- 0001-4826
- eISSN
- 1558-7967
- Language
- English
- Electronic publication date
- 06/30/2023
- Date published
- 01/01/2024
- Academic Unit
- Accounting
- Record Identifier
- 9984459406802771
Metrics
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