Parent–subsidiary geographic dispersion and debt aggressiveness: Analysis from the tax enforcement perspective

• Published in: International review of economics & finance Vol. 96; p. 103602
• Main Authors: Liu, Xiaomei, Yang, Zhenhe, Wang, Yuanqing, Gao, Boyuan
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.11.2024
• Subjects: Debt aggressiveness; Geographical diversification; Parent–subsidiary geographic dispersion; Tax enforcement; Debt aggressiveness; D02; G32; Parent–subsidiary geographic dispersion; Tax enforcement; H29; Geographical diversification

Prior studies of corporate debt policy primarily focused on the overall company and ignored the impact of geographical dispersion between the parent and subsidiary companies. Using listed companies in China from 2007 to 2017 as the sample, this study explores the influence of the spatial geographic...