SEMINAR – HYBRID EVENT: Corporate Taxation and Social Responsibility: Effective Tax Rates of US Firms in the 21st Century

Date: 10 May 2022, 16:15–18:00
Location: SCAS, Linnéanum, Thunbergssalen, Thunbergsvägen 2, Uppsala
Type: Seminar
Lecturer: Bruce G. Carruthers, Non-resident Long-term Fellow for Programmes on Global Governance, SCAS. John D. MacArthur Professor of Sociology, Northwestern University, Evanston
Web page
Organiser: Swedish Collegium for Advanced Study (SCAS)
Contact person: Klas Holm

Bruce G. Carruthers, SCAS and Northwestern University, gives a seminar on "Corporate Taxation and Social Responsibility: Effective Tax Rates of US Firms in the 21st Century". The talk will be followed by a Q&A session.

Abstract

The social responsibilities of for-profit corporations have gained importance recently, and CSR (corporate social responsibility) has become both a goal and a set of guidelines for corporations. CSR typically includes various environmental and social impacts. But do firms that are “good citizens” also pay higher taxes? Is it the social responsibility of firms to help pay for public services? Focusing on the percentile rank of effective tax rates, and using random effects panel regression of a set of publicly-traded U.S. firms, we find that the relationship between CSR and taxation is a complicated one that warrants further investigation. However, strong corporate governance is associated with lower tax rates, suggesting that narrow responsibility to shareholders conflicts with broader social responsibilities.

For more information and the webinar link, please see http://www.swedishcollegium.se/subfolders/Events.html.