{"id":9,"date":"2025-07-02T14:42:09","date_gmt":"2025-07-02T14:42:09","guid":{"rendered":"https:\/\/mitmgmtfaculty.mit.edu\/mhanlon\/research-publications\/"},"modified":"2025-08-07T14:56:31","modified_gmt":"2025-08-07T14:56:31","slug":"research-publications","status":"publish","type":"page","link":"https:\/\/mitmgmtfaculty.mit.edu\/mhanlon\/research-publications\/","title":{"rendered":"Research &#038; Publications"},"content":{"rendered":"<div id=\"pl-9\"  class=\"panel-layout\" ><div id=\"pg-9-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9-0-0-0\" class=\"so-panel widget widget_mit_faculty_research_publications panel-first-child panel-last-child\" data-index=\"0\" ><h3 class=\"widget-title\">Research &#038; Publications<\/h3>\t\t\t<ul class=\"nav nav-tabs nav-tabs--publications\">\n\t\t\t\t<li class=\"publication-type-select\">\n\t\t\t\t\t<span class=\"nav-tab--selected\">Articles<\/span>\n\t\t\t\t\t<i class='fa fa-angle-down'><\/i>\n\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab active\">\n\t\t\t\t\t\t<a href=\"#articles\" class=\"active\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Articles<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab\">\n\t\t\t\t\t\t<a href=\"#books\" class=\"\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Books<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab\">\n\t\t\t\t\t\t<a href=\"#other-types-of-publications\" class=\"\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Other Types of Publications<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\n\t\t\t<div class=\"tab-content\">\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane active\" id=\"articles\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/TAR-2019-0338\">\"The Effect of Innovation Box Regimes on Investment and Employment Activity.\"<\/a><\/h4> Chen, Shannon, Lisa De Simone, Michelle Hanlon, and Rebecca Lester. <i>The Accounting Review<\/i> Vol. 98, No. 5 (2023): 187-214.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/1475-5890.12320\">\"The Use of Accounting Information in the Tax Base in the Pillar 2 Global Minimum Tax: A Discussion of the Rules, Potential Problems, and Possible Alternatives.\"<\/a><\/h4> Hanlon, Michelle. <i>Fiscal Studies: The Journal of Applied Public Economics<\/i> Vol. 44, No. 1 (2023): 37-52.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1086\/723199\">\"\u200b\u200bThe Use of Financial Accounting Information in the OECD BEPS 2.0 Project: A Discussion of the Rules and Concerns.\"<\/a><\/h4> Hanlon, Michelle, and Michelle Nessa. <i>National Tax Journal<\/i> Vol. 76, No. 1 (2023): 193-232. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4319352\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1146\/annurev-financial-101221-103806\">\"Corporate Debt and Taxes.\"<\/a><\/h4> Hanlon, Michelle and Shane Heitzman. <i>Annual Review of Financial Economics<\/i> Vol. 14, (2022): 509-534 .\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2022.101497\">\"Insights into Auditor Public Oversight Boards: Whether, How,  and Why they 'Work'.\"<\/a><\/h4> Hanlon, Michelle and Nemit Shroff. <i>Journal of Accounting and Economics<\/i> Vol. 74, No. 1 (2022): 101497. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3527584\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/1911-3846.12739\">\"Behavioral Economics of Accounting: A Review of Archival Research on Individual Decision Makers.\"<\/a><\/h4> Hanlon, Michelle, Kelvin Yeung, and Luo Zuo. <i>Contemporary Accounting Research<\/i> Vol. 39, No. 2 (2022): 1150-1214. <a target=\"_blank\" href=\"https:\/\/dx.doi.org\/10.2139\/ssrn.3923891\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4>\"The Rise of the Minimum Tax.\"<\/h4> Hanna, Christopher H., Michelle Hanlon, Norman Richter, and Michael Schler. <i>Taxes: The Tax Magazine<\/i> Vol. 100, No. 3 (2022): 55-84.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/TAR-2021-0198\">\"The Possible Weakening of Financial Accounting from Tax Reforms.\"<\/a><\/h4> Hanlon, Michelle. <i>The Accounting Review<\/i> Vol. 96, No. 5 (2021): 389-401. <a target=\"_blank\" href=\"https:\/\/dx.doi.org\/10.2139\/ssrn.3922943\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2139\/ssrn.3208223 \">\"CEO Tax Effects on Acquisition Structure and Value.\"<\/a><\/h4> Hanlon, Michelle, Rodrigo Verdi, and Benjamin Yost. <i>The Accounting Review<\/i> Vol. 96, No. 2 (2021): 333-363. <a target=\"_blank\" href=\"http:\/\/doi.org\/10.2139\/ssrn.3208223\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr-52198\">\"When Does Tax Avoidance Result in Tax Uncertainty?\"<\/a><\/h4> Dyreng, Scott, Michelle Hanlon,and Edward L. Maydew. <i>The Accounting Review<\/i> Vol. 94, No. 2 (2019): 179-203. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2374945\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/www.ibfd.org\/IBFD-Products\/Journal-Articles\/Bulletin-for-International-Taxation\/collections\/bit\/html\/bit_2018_04_us_3.html\">\"Country-by-Country Reporting and the International Allocation of Taxing Rights.\"<\/a><\/h4> Hanlon, Michelle. <i>Bulletin for International Taxation<\/i> Vol. 72, No. 4\/5 (2018). <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3118531\">Download paper<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4>\"The Equipment Manufacturing Industry\u2019s Perspective on Tax Reform.\"<\/h4> Brannon, Ike, and Michelle Hanlon. <i>Tax Notes<\/i> Vol. 87, No. 39 (2017): 1-2.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1093\/rfs\/hhx037\">\"Tax Rates and Corporate Decision Making.\"<\/a><\/h4> Graham, John, Michelle Hanlon, and Terry Shevlin. <i>Review of Financial Studies<\/i> Vol. 30, No. 9 (2017): 3128-3175.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2292020\">\"The Taxman Cometh: Does Tax Uncertainty Affect Corporate Cash Holdings.\"<\/a><\/h4> Hanlon, Michelle, Edward Maydew, and Daniel Saavedra. <i>Review of Accounting Studies<\/i> Vol. 22, No. 3 (2017): 1198-1228.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jfineco.2017.04.001\">\"Changes in Corporate Effective Tax Rates over the Past 25 Years.\"<\/a><\/h4> Dyreng, Scott, Michelle Hanlon, Edward Maydew, and Jacob Thornock. <i>Journal of Financial Economics<\/i> Vol. 124, No. 3 (2017): 441-463.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jfineco.2014.12.004\">\"The Effect of Repatriation Tax Costs on U.S. Multinational Investment.\"<\/a><\/h4> Hanlon, Michelle, Rebecca Lester and Rodrigo Verdi. <i>Journal of Financial Economics<\/i> Vol. 116, No. 1 (2015): 179-196.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/jofi.12120\">\"Taking the Long Way Home: U.S. Tax Evasion and Offshore Investments in U.S. Equity and Debt Markets.\"<\/a><\/h4> Hanlon, Michelle, Edward L. Maydew and Jacob R. Thornock. <i>Journal of Finance<\/i> Vol. 70, No. 1 (2015): 257\u2013287.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/atax-50820\">\"The Effect of Tax Authority Monitoring and Enforcement on Financial Reporting Quality.\"<\/a><\/h4> Hanlon, Michelle, Jeffrey L. Hoopes and Nemit Shroff. <i>Journal of American Taxation Association<\/i> Vol. 36, No. 2 (2014): 137-170.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jfineco.2014.06.004\">\"What do Firms do When Dividend Tax Rates Change? An Examination of Alternative Payout Responses.\"<\/a><\/h4> Hanlon, Michelle and Jeffrey L. Hoopes. <i>Journal of Financial Economics<\/i> Vol. 114, No. 1 (2014): 105-124.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr-50678\">\"Incentives for Tax Planning and Avoidance: Evidence from the Field.\"<\/a><\/h4> Graham, John R., Michelle Hanlon, Terry Shevlin and Nemit Shroff. <i>The Accounting Review<\/i> Vol. 89, No. 3 (2014): 991-1024.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1007\/s11142-012-9194-7\">\"Where do Firms Manage Earnings?\"<\/a><\/h4> Dyreng, Scott D., Michelle Hanlon and Edward L. Maydew. <i>Review of Accounting Studies<\/i> Vol. 17, No. 3 (2012): 649-687.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1911-3846.2012.01173.x\">\"Dividend Policy at Firms Accused of Accounting Fraud.\"<\/a><\/h4> Caskey, Judson and Michelle Hanlon. <i>Contemporary Accounting Research<\/i> Vol. 30, No. 2 (2012): 818-850.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/atax-10184\">\"Audit Fees and Book-Tax Differences.\"<\/a><\/h4> Hanlon, Michelle, Gopal Krishnan and Lillian F. Mills. <i>Journal of American Taxation Association<\/i> Vol. 34, No. 1 (2012): 55-86.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1475-679X.2010.00395.x\">\"Real Effects of Accounting Rules: Evidence from Multinational Firms&rsquo; Investment Location and Repatriation Decisions.\"<\/a><\/h4> Graham, John R., Michelle Hanlon and Terry Shelvin. <i>Journal of Accounting Research<\/i> Vol. 49, No. 1 (2011): 137-185.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2010.09.002\">\"A Review of Tax Research.\"<\/a><\/h4> Hanlon, Michelle and Shane Heitzman. <i>Journal of Accounting and Economics<\/i> Vol. 50, No. 2-3 (2010): 127-178.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/hdl.handle.net\/1721.1\/87724\">\"Barriers to Mobility: The Lockout Effect of U.S. Taxation of Woldwide Corporate Profits.\"<\/a><\/h4> Graham, John, Michelle Hanlon and Terry Shevlin. <i>National Tax Journal<\/i> Vol. 63, No. 4-2 (2010): 1111-1144.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr.2010.85.4.1163\">\"The Effect of Managers on Corporate Tax Avoidance.\"<\/a><\/h4> Hanlon, Michelle, Scott Dyreng and Edward L. Maydew. <i>The Accounting Review<\/i> Vol. 85, No. 4 (2010): 1163-1189.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/www.ntanet.org\/NTJ\/62\/1\/ntj-v62n01p127-53-book-tax-conformity-implications.pdf\">\"Book-Tax Conformity: Implications for Multinational Firms.\"<\/a><\/h4> Hanlon, Michelle and Edward L. Maydew. <i>National Tax Journal<\/i> Vol. 62, No. 1 (2009): 127-153.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jpubeco.2008.09.004\">\"What Does Tax Aggressiveness Signal? Evidence from Stock Price Reactions to News about Tax Shelter Involvement.\"<\/a><\/h4> Hanlon, Michelle and Joel Slemrod. <i>Journal of Public Economics<\/i> Vol. 93, No. 1-2 (2009): 126-141.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2008.09.003\">\"An Unintended Consequence of Book-Tax Conformity: A Loss of Earnings Informativeness.\"<\/a><\/h4> Hanlon, Michelle, Edward L. Maydew and Terry Shevlin. <i>Journal of Accounting and Economics<\/i> Vol. 46, No. 2-3 (2008): 294-311.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr.2008.83.1.61\">\"Long Run Corporate Tax Avoidance.\"<\/a><\/h4> Hanlon, Michelle, with Scott Dyreng and Edward L. Maydew. <i>The Accounting Review<\/i> Vol. 83, No. 1 (2008): 61-82.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1475-679X.2006.00194.x\">\"Is There a Link Between Executive Equity Holdings and Accounting Fraud.\"<\/a><\/h4> Hanlon, Michelle, with Merle Erickson and Edward L. Maydew. <i>Journal of Accounting Research<\/i> Vol. 44, No. 1 (2006): 113-143.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1086\/497525\">\"Evidence on the Information Loss of Conforming Book Income and Taxable Income.\"<\/a><\/h4> Hanlon, Michelle, Stacie Kelley Laplante and Terry Shevlin. <i>The Journal of Law and Economics<\/i> Vol. 48, No. 2 (2005): 407-442.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr.2005.80.1.137\">\"The Persistence and Pricing of Earnings, Accruals, and Cash Flows When Firms Have Large Book-Tax Differences.\"<\/a><\/h4> Hanlon, Michelle. <i>The Accounting Review<\/i> Vol. 80, No. 1 (2005): 137-166.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr.2004.79.2.387\">\"How Much Will Firms Pay for Earnings That Do Not Exist? Evidence of Taxes Paid on Allegedly Fraudulent Earnings.\"<\/a><\/h4> Erickson, Merle, Michelle Hanlon and Edward L. Maydew. <i>The Accounting Review<\/i> Vol. 79, No. 2 (2004): 387-408.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2003.10.008\">\"Are Executive Stock Options Associated With Future Earnings?\"<\/a><\/h4> Hanlon, Michelle with Shiva Rajgopal and Terry Shevlin. <i>Journal of Accounting and Economics<\/i> Vol. 36, No. 1-3 (2003): 3-43.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/www.ntanet.org\/NTJ\/56\/4\/ntj-v56n04p831-63-what-can-infer-about.pdf\">\"What Can We Infer About a Firm&rsquo;s Taxable Income from its Financial Statements?\"<\/a><\/h4> Hanlon, Michelle. <i>National Tax Journal<\/i> Vol. 56, (2003): 831-863.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/S0165-4101(03)00016-8\">\"Dividend Taxes and Firm Valuation: A Re-Examination.\"<\/a><\/h4> Hanlon, Michelle, James Myers and Terry Shevlin. <i>Journal of Accounting and Economics<\/i> Vol. 35, No. 2 (2003): 119-153.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/acch.2002.16.1.1\">\"The Tax Benefits of Employee Stock Options: The Accounting and Implications.\"<\/a><\/h4> Hanlon, Michelle and Terry Shevlin. <i>Accounting Horizons<\/i> Vol. 16, No. 1 (2002): 1-16.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane \" id=\"books\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/mybusinesscourse.com\/book\/fa7e\"><i>Financial Accounting.<\/i><\/a><\/h4> Dyckman, Thomas R., Michelle Hanlon, Robert P. Magee, and Glenn M. Pfeiffer. Chicago, IL: Cambridge Business Publishers, 2023.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/mybusinesscourse.com\/book\/ia3e\"><i>Intermediate Accounting.<\/i><\/a><\/h4> Hanlon, Michelle, Leslie Hodder, Karen Nelson, Darren Roulstone, and Amie Dragoo. Chicago, IL: Cambridge Business Publishers, 2023.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/amzn.com\/0132752670\"><i>Taxes and Business Strategy: A Planning Approach.<\/i><\/a><\/h4> Scholes, Myron S., Mark A. Wolfson, Merle M. Erickson, Michelle Hanlon, Edward L. Maydew and Terry Shevlin. Upper Saddle River, NJ: Pearson Education, Inc., 2014.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane \" id=\"other-types-of-publications\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/www.taxnotes.com\/special-reports\/tax-cuts-and-jobs-act\/pharmaceutical-industry-effective-tax-rates-and-after-tcja\/2024\/12\/17\/7nfny\">\"The Pharmaceutical Industry: Effective Tax Rates Before and After the TCJA.\"<\/a><\/h4> Michelle Hanlon and Jeffrey L. Hoopes. Falls Church, VA: December 2024.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"https:\/\/www.brookings.edu\/wp-content\/uploads\/2019\/12\/Dyreng-Hanlon-12.14.19.pdf\">\"Tax Avoidance and Multinational Firm Behavior.\"<\/a><\/h4> Dyreng, Scott, and Michelle Hanlon. In <i>Multinational Corporations in a Changing Global Economy<\/i>, edited by David Wessel, Fritz Foley, and Jim Hines, Washington, DC: Brookings Institution, 2021.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4>\"Tax Reform Made Me Do It.\"<\/h4> Hanlon, Michelle, Jeffrey L. Hoopes, and Joel Slemrod. In <i>Tax Policy and the Economy<\/i>, edited by Robert A. Moffitt, Chicago, IL: National Bureau of Economic Research, 2019.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/amzn.com\/0521870224\">\"An Empirical Examination of Corporate Tax Noncompliance.\"<\/a><\/h4> Hanlon, Michelle, Lillian Mills and Joel Slemrod. In <i>Taxing Corporate Income in the 21st Century<\/i>, 171-210. New York, NY: Cambridge University Press, 2007.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/www.nber.org\/chapters\/c0166.pdf\">\"Bank-Tax Conformity for Corporate Income: An Introduction to the Issues.\"<\/a><\/h4> Hanlon, Michelle and Terry Shevlin. In <i>Tax Policy and the Economy Volume 19<\/i>, edited by James M. Poterba, 101-134. Cambridge, MA: MIT Press, 2005.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t<\/div><!-- @end .tab-content -->\n\n\t\t<\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Research &#038; Publications Articles Articles Books Other Types of Publications &#8220;The Effect of Innovation Box Regimes on Investment and Employment Activity.&#8221; Chen, Shannon, Lisa De Simone, Michelle Hanlon, and Rebecca Lester. The Accounting Review Vol. 98, No. 5 (2023): 187-214. &#8220;The Use of Accounting Information in the Tax Base in the Pillar 2 Global Minimum [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-two-column.php","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-9","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Research &amp; Publications | Michelle Hanlon | MIT Sloan<\/title>\n<meta name=\"description\" content=\"Research and Publications from Michelle Hanlon, the Howard W. 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