Safa Gaaya

@article{benkraiem_1751,

title = {Corporate tax avoidance, economic policy uncertainty, and the value of excess cash: International evidence},

author = {Ramzi Benkraiem and Safa Gaaya and Faten Lakhal},

url = {https://doi.org/10.1016/j.econmod.2021.105738},

year  = {2022},

date = {2022-03-01},

journal = {Economic Modelling},

volume = {108},

pages = {105738},

abstract = {This paper presents new evidence on the links between corporate tax avoidance, economic policy uncertainty, and the value of excess cash. Based on an international sample of 41,535 firm-year observations from 2005 to 2018, the results show that tax avoidance negatively affects the value of excess cash. This negative effect is only prevalent for firms operating in countries with strong investor protection. This study also explores the role of economic policy uncertainty and shows that tax avoidance lowers the discount on the value of excess cash in uncertain times because investors may underestimate any negative reputational and risky practices. These findings have important implications for investors, policymakers and the welfare of the overall economy.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{francoeur_1307,

title = {How Do Powerful CEOs Influence Corporate Environmental Performance?},

author = {Claude Francoeur and Faten Lakhal and Safa Gaaya and Itidel Ben Saad},

url = {https://www.sciencedirect.com/science/article/pii/S0264999320312086},

year  = {2021},

date = {2021-01-01},

journal = {Economic Modelling},

volume = {94},

pages = {121-129},

abstract = {This study investigates how powerful chief executive officers (CEOs) affect their firm's environmental performance. Based on a sample of 5222 U.S. firm-year observations, we find that such CEOs positively influence environmental performance and that this effect is more prevalent in profitable firms. This result suggests that powerful CEOs are influential in creating sufficient resources to enhance their firms' environmental performance. They are also typically well established and enjoy the quiet life that predisposes them to prioritize environmental projects. Our results also show that, although firms in polluted industries have lower environmental performance, they are able to mitigate this negative effect when they have powerful CEOs or are more profitable. Our results are robust to a variety of econometric models, alternative measures of environmental performance, and controlling for endogeneity issues},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{benkraiem_1237,

title = {Cross-Country Evidence on Earnings Quality and Corporate Tax Avoidance: The Moderating Role of Legal Institutions},

author = {Ramzi Benkraiem and Safa Gaaya and Faten Lakhal},

url = {https://econpapers.repec.org/article/eblecbull/eb-20-00303.htm},

year  = {2020},

date = {2020-01-01},

journal = {Economics Bulletin},

volume = {40},

number = {2},

pages = {1714-1726},

abstract = {The purpose of this study is to investigate the relationship between earnings quality and corporate tax avoidance, while accounting for the strength of the legal institutional environment. We find robust evidence that high earnings quality mitigates corporate tax avoidance practices. Furthermore, we find that this association is particularly stronger when country-level legal institutions are powerful. Thus, this study should provide useful insights to academics, professionals as well as policy makers by emphasizing the vital role that accounting information quality could play in the fight against tax avoidance and the important support that legal institutions could provide in this regard.},

keywords = {},

pubstate = {published},

tppubtype = {article}

}

@article{gaaya_1091,

title = {Does family ownership reduce corporate tax avoidance},

author = {Safa Gaaya and Faten Lakhal and Nadia Lakhal},

url = {https://www.emerald.com/insight/content/doi/10.1108/MAJ-02-2017-1530/full/html},

year  = {2017},

date = {2017-07-01},

journal = {Managerial Auditing Journal},

volume = {32},

number = {7},

pages = {731-744},

abstract = {This paper aims to investigate the joint effect of board independence and gender diversity on the effectiveness of boards in monitoring CEO compensation in a continental European context, i.e. France},

keywords = {},

pubstate = {published},

tppubtype = {article}

}