This study investigates the investors' perception of firm's sustainability of tax paid rate to price the persistence of a firm’s pre-tax earnings and earnings components using the Mishkin (1983) methodology. Conceptually, sustainability of tax paid rate is defined as achieving consistent tax avoidance outcomes over time. The sample consists of 54 firm observations from 1381-1390 which are listed in Tehran Stock Exchange. The results indicate that investors do not use the sustainability of tax paid rate as a signal to assess pre-tax earnings and earnings components.
Mashayekh, S., Ghasemi, M., & Rameshe, M. (2014). Sustainability of Tax Paid Rate and
Investors’ Expectations of Future Earnings. Accounting and Auditing Research, 6(23), 70-87. doi: 10.22034/iaar.2014.104340
MLA
Shahnaz Mashayekh; Mahsa Ghasemi; Manizheh Rameshe. "Sustainability of Tax Paid Rate and
Investors’ Expectations of Future Earnings". Accounting and Auditing Research, 6, 23, 2014, 70-87. doi: 10.22034/iaar.2014.104340
HARVARD
Mashayekh, S., Ghasemi, M., Rameshe, M. (2014). 'Sustainability of Tax Paid Rate and
Investors’ Expectations of Future Earnings', Accounting and Auditing Research, 6(23), pp. 70-87. doi: 10.22034/iaar.2014.104340
VANCOUVER
Mashayekh, S., Ghasemi, M., Rameshe, M. Sustainability of Tax Paid Rate and
Investors’ Expectations of Future Earnings. Accounting and Auditing Research, 2014; 6(23): 70-87. doi: 10.22034/iaar.2014.104340
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