Public shaming is a costly affair for corporations
Corporations that invest in the tax havens blacklisted by the EU are penalised in the stock market. This shaming leads to weaker share prices.
PhD Candidate Aija Rusina
- Aija.Polakova@nhh.no
- Telephone
- +47 55 95 94 33
- Department
- Business and Management Science
- Centre
- NoCeT
- Office
- MN-423
- Expertise
- International Business Tax and Public Economics Profit Shifting in Multinational Firms Tax Avoidance
BIOGraphy
Aija Rusina is a PhD Research Scholar at the Norwegian School of Economics (NHH) with research interests in public economics, particularly in economics of taxation and business taxation. She received her Master’s Degree in International Business from NHH together with a minor specialization in Financial Economics in 2015. She was involved in the A. Wilhelmsen Foundation Scholarship Programme during 2013 to 2015.
She also received a grant from the Norwegian Centre of Taxation (NoCeT) and the Norwegian Tax Administration (Skatteetaten) for her Master thesis within debt shifting. Her Bachelor’s Degree in Economics and Business was obtained at the Stockholm School of Economics in Riga (SSE Riga) in 2013. During her Bachelor studies, she spent an Erasmus exchange semester in NHH in 2012. Currently Aija is a member of the NoCeT.
Dissemination
Lower stock market prices for companies in the doghouse
Aija Polakova: Companies with investments in tax havens on the EU blacklist are being punished in the stock market. Public pillory leads to weaker share price development.