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DC Field | Value | Language |
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dc.contributor.author | Chircop, Justin | - |
dc.contributor.author | Fabrizi, Michele | - |
dc.contributor.author | Malaspina, Patrizia | - |
dc.contributor.author | Parbonetti, Antonio | - |
dc.date.accessioned | 2023-08-25T11:02:09Z | - |
dc.date.available | 2023-08-25T11:02:09Z | - |
dc.date.issued | 2023 | - |
dc.identifier.citation | Chircop, J., Fabrizi, M., Malaspina, P., & Parbonetti, A. (2023). Anti‐Mafia Police Actions, Criminal Firms, and Peer Firm Tax Avoidance. Journal of Accounting Research, 61(1), 243-277. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/112603 | - |
dc.description.abstract | Mafia firms introduce distortions in the markets in which they operate, increasing the cost of doing business for peer firms. We investigate whether peers respond by increasing their tax avoidance and thus increasing funds available to compete with the Mafia firms. Using a sample of Italian anti-Mafia police actions that resulted in the removal of Mafia firms and a difference-in-differences approach, we find that peers reduce their tax avoidance following these actions. We further show that, following anti-Mafia police actions, peer firms improve their performance and increase capital investment while enjoying a reduction in the cost of raw materials. Overall, our results highlight the microlevel channels through which Mafia can affect firm outcomes and local economies. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | Wiley Periodicals LLC | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Organized crime | en_GB |
dc.subject | Tax evasion | en_GB |
dc.subject | Police administration -- Case studies | en_GB |
dc.title | Anti-mafia police actions, criminal firms, and peer firm tax avoidance | en_GB |
dc.type | article | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder | en_GB |
dc.description.reviewed | peer-reviewed | en_GB |
dc.identifier.doi | 10.1111/1475-679X.12455 | - |
dc.publication.title | Journal of Accounting Research | en_GB |
Appears in Collections: | Scholarly Works - FacEMAAcc |
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File | Description | Size | Format | |
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Anti_mafia_police_actions_criminal_firms_and_peer_firm_tax_avoidance.pdf | 343.11 kB | Adobe PDF | View/Open |
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