Cef.up FIN Seminar "Do Corporate Taxes Affect Workplace Safety?"

June 28, 1-2pm, Room 613

CEF.UP FIN Seminar
“Do Corporate Taxes Affect Workplace Safety?”
Daniel Bradley
Muma College of Business and ISCTE
(Joint work with Connie X. Mao, Temple University and Chi Zhang, University of Massachusetts-Lowell)

Abstract
We examine how workplace injury rates change when firms are subject to a corporate tax shock. We find that tax increases lead to a significance increase in reported injuries, but tax decreases have no similar effect.
Our difference-in-differences empirical strategy relies on staggered state-level corporate tax changes and exploits spatial discontinuity in treatment and control establishments located in contiguous border counties within the same firm. The results are strongest in industries with low union bargaining power, for firms with high marginal tax rates, poor safety culture scores and for firms that barely meet or beat analysts’ earnings forecasts. Our results suggest that tax increases lead to real effects at the expense of employees, with no similar benefit accruing for tax cuts.

 Please fill out the  Lunch Voucher and return to  cefup.sec@fep.up.pt   
For further information and papers or abstracts, please visit our website
We are looking forward to seeing you there.





“Cef.up has been financed by the European Regional Development Fund through COMPETE 2020 – Programa Operacional Competitividade e Internacionalização (POCI) and by Portuguese public funds through FCT (Fundação para a Ciência  e a Tecnologia) in the framework of the project POCI-01-0145-FEDER-006890.”