The nature of deferred income taxes arising from differences in depreciation methods

This research is an investigation into the underlying nature of deferred tax balances. The investigation entails obtaining evidence about whether markets treat changes in these balances that arise from depreciation differences as changes in debt or equity. This is accomplished by relating changes in firm systematic risk to discounted measures of those changes. If deferred tax balances are in the nature of debt (equity), then increases in these balances should be associated with increases (decreases) in systematic risk. Further, market association is hypothesized to be conditional on the way these changes arose: whether from accounting method selection or from tax law changes.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Accountancy

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2011

Author dc:creator

• Callaghan, Joseph Henry

Contributors dc:contributor

• McKeown, James C.

• Business Administration, Accounting

Statement dc:rights

• Copyright 1992 Callaghan, Joseph Henry

Language dc:language

eng

Identifier

AAI9236412
(UMI)AAI9236412

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/23005