Michelle Hanlon

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Howard W. Johnson Professor

100 Main Street

E62-668

Cambridge, MA 02142

United States

SCHOLARLY PAPERS

37

DOWNLOADS
Rank 346

SSRN RANKINGS

Top 346

in Total Papers Downloads

38,049

CITATIONS
Rank 514

SSRN RANKINGS

Top 514

in Total Papers Citations

928

Scholarly Papers (37)

1.

A Review of Tax Research

Number of pages: 138 Posted: 23 Sep 2009 Last Revised: 28 Jul 2010
Michelle Hanlon and Shane Heitzman
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Southern California - Marshall School of Business
Downloads 4,080 (1,035)
Citation 81

Abstract:

taxes, corporate finance, investment, asset pricing, financial reporting, corporate governance

2.

Long-Run Corporate Tax Avoidance

Accounting Review, Vol. 83, No. 1, 2007
Number of pages: 39 Posted: 27 Sep 2007
Scott Dyreng, Michelle Hanlon and Edward L. Maydew
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill
Downloads 2,258 (3,161)
Citation 76

Abstract:

effective tax rate, tax persistence, cash tax, long-run tax avoidance

3.

Incentives for Tax Planning and Avoidance: Evidence from the Field

The Accounting Review, Vol. 89, No. 3, pp. 991-1023, May 2014, MIT Sloan Research Paper No. 4990-12
Number of pages: 48 Posted: 19 Sep 2012 Last Revised: 17 May 2014
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California-Irvine and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,091 (3,139)
Citation 7

Abstract:

Tax Planning, Tax Avoidance, Reputation, Financial Reporting Incentives, FIN 48, SOX

The Persistence and Pricing of Earnings, Accruals, and Cash Flows When Firms Have Large Book-Tax Differences

Number of pages: 56 Posted: 04 Mar 2003
Michelle Hanlon
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,045 (4,839)
Citation 93

Abstract:

book-tax differences, earnings persistence, accruals, earnings expectations

The Persistence and Pricing of Earnings, Accruals, and Cash Flows When Firms Have Large Book-Tax Differences

Accounting Review, January 2005
Posted: 18 Aug 2004
Michelle Hanlon
Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Book-tax differences, earnings persistence, accruals, earnings expectations

The Effect of Tax Authority Monitoring and Enforcement on Financial Reporting Quality

Journal of American Taxation Association, Vol. 36, No. 2, pp. 137-170, Fall 2014, MIT Sloan Research Paper No. 4849-10
Number of pages: 52 Posted: 14 Oct 2010 Last Revised: 26 Nov 2014
Michelle Hanlon, Jeffrey L. Hoopes and Nemit Shroff
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina (UNC) at Chapel Hill and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,480 (8,423)
Citation 3

Abstract:

Enforcement, Financial Reporting Quality, Earning Quality, IRS Audit

The Effect of Tax Authority Monitoring and Enforcement on Financial Reporting Quality

Journal of American Taxation Association, Vol. 36, No. 2, pp. 137-170, Fall 2014
Number of pages: 52 Posted: 15 May 2014 Last Revised: 26 Nov 2014
Michelle Hanlon, Jeffrey L. Hoopes and Nemit Shroff
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina (UNC) at Chapel Hill and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 304 (76,253)
Citation 3

Abstract:

Tax Enforcement; Financial Reporting Quality; Earning Quality; IRS Audit

6.

The Effects of Executives on Corporate Tax Avoidance

Number of pages: 50 Posted: 11 Jul 2008 Last Revised: 19 Sep 2012
Scott Dyreng, Michelle Hanlon and Edward L. Maydew
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill
Downloads 1,687 (5,425)
Citation 65

Abstract:

Tax avoidance, tax, manager effects, tax aggressive, effective tax rate, cash tax rate

7.

Are Executive Stock Options Associated with Future Earnings?

JAE Boston Conference October 2002
Number of pages: 61 Posted: 06 Jan 2004
Michelle Hanlon, Shivaram Rajgopal and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia Business School and University of California-Irvine
Downloads 1,677 (6,560)
Citation 87

Abstract:

management compensation, stock options, incentive alignment, rent extraction

How Much Will Firms Pay for Earnings That Do Not Exist? Evidence of Taxes Paid on Allegedly Fraudulent Earnings

Number of pages: 45 Posted: 03 Dec 2002
Merle Erickson, Michelle Hanlon and Edward L. Maydew
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill
Downloads 1,460 (8,611)
Citation 65

Abstract:

Fraud, taxes, restatement

How Much Will Firms Pay for Earnings that do not Exist? Evidence of Taxes Paid on Allegedly Fraudulent Earnings

Accounting Review, April 2004
Posted: 05 Nov 2003
Merle Erickson, Michelle Hanlon and Edward L. Maydew
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill

Abstract:

Fraud, tax, earnings

9.

Accounting for the Tax Benefits of Employee Stock Options and Implications for Research

University of Washington Working Paper
Number of pages: 28 Posted: 29 May 2001
Terry J. Shevlin and Michelle Hanlon
University of California-Irvine and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,430 (8,861)
Citation 41

Abstract:

Employee stock options, Tax benefits, Effective tax rates, Marginal tax rate

10.

How Firms Avoid Losses: Evidence of Use of the Net Deferred Tax Asset Account

University of Washington Working Paper
Number of pages: 41 Posted: 17 Feb 2003
David Burgstahler, W. Brooke Elliott and Michelle Hanlon
University of Washington, University of Illinois at Urbana-Champaign and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,388 (8,645)
Citation 7

Abstract:

deferred taxes, valuation allowance, net deferred tax asset

11.
Downloads 972 ( 16,727)
Citation 17

Dividend Taxes and Firm Valuation: A Re-Examination

Number of pages: 50 Posted: 23 Jun 2001
Michelle Hanlon, James N. Myers and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Arkansas and University of California-Irvine
Downloads 972 (16,426)
Citation 17

Abstract:

Dividend Taxes and Firm Valuation: A Re-Examination

Journal of Accounting and Economics, Vol. 35, No. 2, April 2003
Posted: 29 Jan 2003
Michelle Hanlon, James N. Myers and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Arkansas and University of California-Irvine

Abstract:

Valuation, dividend taxes, tax capitalization

What Can We Infer About a Firm's Taxable Income from its Financial Statements?

Number of pages: 56 Posted: 02 Jul 2003
Michelle Hanlon
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 970 (16,475)
Citation 61

Abstract:

Taxable income, tax expense, FAS 109, tax disclosures

What Can We Infer About a Firm's Taxable Income from its Financial Statements?

National Tax Journal, Vol. 56, No. 4, pp. 831-864, December 2003
Posted: 20 Dec 2003
Michelle Hanlon
Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

taxable income, financial statements

13.

Evidence on the Possible Information Loss of Conforming Book Income and Taxable Income

Number of pages: 57 Posted: 12 Apr 2005
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Wisconsin - Madison and University of California-Irvine
Downloads 944 (15,011)
Citation 42

Abstract:

Book-tax conformity, information content, taxable income, book income

14.

An Empirical Examination of Corporate Tax Noncompliance

Ross School of Business Paper No. 1025
Number of pages: 46 Posted: 21 Mar 2006
Michelle Hanlon, Lillian F. Mills and Joel B. Slemrod
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Texas at Austin - McCombs School of Business and University of Michigan, Stephen M. Ross School of Business
Downloads 849 (15,694)
Citation 25

Abstract:

tax noncompliance, corporate governance, executive compensation

15.

Are Dividends Informative About Future Earnings?

Number of pages: 44 Posted: 21 Feb 2007
Michelle Hanlon, James N. Myers and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Arkansas and University of California-Irvine
Downloads 801 (20,180)
Citation 5

Abstract:

Dividends, Information Content, Earnings

16.

What Does Tax Aggressiveness Signal? Evidence from Stock Price Reactions to News About Tax Aggressiveness

Number of pages: 54 Posted: 26 Mar 2007
Michelle Hanlon and Joel B. Slemrod
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Michigan, Stephen M. Ross School of Business
Downloads 794 (19,012)
Citation 56

Abstract:

tax shelter, market reaction

17.

Large Sample Evidence on the Relation Between Stock Option Compensation and Risk Taking

Number of pages: 54 Posted: 02 Sep 2003
Shivaram Rajgopal, Michelle Hanlon and Terry J. Shevlin
Columbia Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California-Irvine
Downloads 765 (21,897)
Citation 125

Abstract:

18.
Downloads 756 ( 24,249)
Citation 2

Audit Fees and Book-Tax Differences

Number of pages: 47 Posted: 17 Sep 2009
Michelle Hanlon, Gopal V. Krishnan and Lillian F. Mills
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Bentley University and University of Texas at Austin - McCombs School of Business
Downloads 756 (23,858)
Citation 2

Abstract:

Audit fees, book-tax differences, earnings quality

Audit Fees and Book-Tax Differences

Journal of American Taxation Association, Forthcoming
Posted: 27 May 2011
Michelle Hanlon, Gopal V. Krishnan and Lillian F. Mills
Massachusetts Institute of Technology (MIT) - Sloan School of Management, American University - Accounting and University of Texas at Austin - McCombs School of Business

Abstract:

audit fees, book-tax differences, earnings quality

19.

Book-Tax Conformity and the Information Content of Earnings

Ross School of Business Paper No. 1029
Number of pages: 39 Posted: 15 Feb 2006
Michelle Hanlon, Edward L. Maydew and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina at Chapel Hill and University of California-Irvine
Downloads 741 (23,105)
Citation 8

Abstract:

book-tax conformity, information content

20.

The Taxman Cometh: Does Tax Uncertainty Affect Corporate Cash Holdings?

Review of Accounting Studies, Forthcoming
Number of pages: 47 Posted: 11 Jul 2013 Last Revised: 27 Nov 2016
Michelle Hanlon, Edward L. Maydew and Daniel Saavedra
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina at Chapel Hill and UCLA Anderson School of Management
Downloads 700 (15,079)

Abstract:

Cash holdings; Tax avoidance; Tax uncertainty; FIN 48; Disclosures; Long-run repatriation tax costs

What Do Firms Do When Dividend Tax Rates Change? An Examination of Alternative Payout Responses

Number of pages: 48 Posted: 25 May 2012 Last Revised: 30 Nov 2013
Michelle Hanlon and Jeffrey L. Hoopes
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina (UNC) at Chapel Hill
Downloads 544 (37,486)
Citation 2

Abstract:

Dividend taxes, payout policy

What Do Firms Do When Dividend Tax Rates Change? An Examination of Alternative Payout Responses

Journal of Financial Economics (JFE), Forthcoming, Fisher College of Business Working Paper No. 2014-02-002
Number of pages: 51 Posted: 13 Jul 2014
Michelle Hanlon and Jeffrey L. Hoopes
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina (UNC) at Chapel Hill
Downloads 138 (165,410)
Citation 2

Abstract:

Dividend taxes, payout policy, special dividends

22.

Barriers to Mobility: The Lockout Effect of U.S. Taxation of Worldwide Corporate Profits

Number of pages: 51 Posted: 17 Dec 2008 Last Revised: 01 Sep 2010
John R. Graham, Michelle Hanlon and Terry J. Shevlin
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California-Irvine
Downloads 585 (27,938)
Citation 9

Abstract:

Repatriation, Tax, American Jobs Creation Act, Homeland Investment Act, Dividends Received Deduction, Trapped Equity, International Tax, Trapped Cash, Section 965, Stimulus, Tax Amnesty

23.

Taking the Long Way Home: U.S. Tax Evasion and Offshore Investments in U.S. Equity and Debt Markets

Journal of Finance, Forthcoming
Number of pages: 46 Posted: 24 Aug 2011 Last Revised: 01 Apr 2013
Michelle Hanlon, Edward L. Maydew and Jacob R. Thornock
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina at Chapel Hill and Brigham Young University
Downloads 542 (29,391)
Citation 1

Abstract:

Foreign Portfolio Investment, Tax Havens, Tax Evasion

24.

Real Effects of Accounting Rules: Evidence from Multinational Firms’ Investment Location and Profit Repatriation Decisions

Number of pages: 59 Posted: 17 Apr 2009 Last Revised: 01 Sep 2010
John R. Graham, Michelle Hanlon and Terry J. Shevlin
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California-Irvine
Downloads 509 (39,335)
Citation 15

Abstract:

Investment, Reinvestment, Repatriation, Tax Expense, Multinational, Tax Policy, Tax Stimulus, Tax Reform

25.

When Does Tax Avoidance Result in Tax Uncertainty?

Number of pages: 48 Posted: 06 Jan 2014 Last Revised: 27 Aug 2016
Scott Dyreng, Michelle Hanlon and Edward L. Maydew
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill
Downloads 496 (22,584)
Citation 1

Abstract:

tax avoidance, tax uncertainty

26.

Where Do Firms Manage Earnings?

Number of pages: 57 Posted: 23 May 2011 Last Revised: 19 Sep 2012
Scott Dyreng, Michelle Hanlon and Edward L. Maydew
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill
Downloads 446 (42,802)
Citation 5

Abstract:

Earnings management, rule of law, tax havens

27.

The Effect of Repatriation Tax Costs on U.S. Multinational Investment

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 50 Posted: 26 May 2014 Last Revised: 09 Jun 2014
Michelle Hanlon, Rebecca Lester and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Stanford Graduate School of Business and Massachusetts Institute of Technology (MIT)
Downloads 431 (35,655)
Citation 2

Abstract:

Cash, Investment, Tax

28.

Book-Tax Conformity: Implications for Multinational Firms

Number of pages: 64 Posted: 03 May 2007
Michelle Hanlon and Edward L. Maydew
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill
Downloads 392 (51,293)
Citation 9

Abstract:

book-tax conformity, international tax, multinational firm

29.

Tax Rates and Corporate Decision Making

Review of Financial Studies, Forthcoming
Number of pages: 85 Posted: 13 Jan 2015 Last Revised: 21 Jan 2017
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California-Irvine and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 385 (23,971)
Citation 1

Abstract:

Tax rates, marginal tax rate, effective tax rate, investment, capital structure, behavioral biases, salience, heuristics

30.

Changes in Corporate Effective Tax Rates Over the Past Twenty-Five Years

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 61 Posted: 11 Nov 2014 Last Revised: 26 Aug 2016
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina at Chapel Hill and Brigham Young University
Downloads 329 (16,309)

Abstract:

Corporate tax rates, tax avoidance, trend

31.

Bank-Tax Conformity for Corporate Income: An Introduction to the Issues

NBER Working Paper No. w11067
Number of pages: 45 Posted: 16 Feb 2005
Michelle Hanlon and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California-Irvine
Downloads 108 (182,739)
Citation 20

Abstract:

32.

What Does Tax Aggressiveness Signal? Evidence from Stock Price Reactions to News about Tax Shelter Involvement

Journal of Public Economics, Forthcoming
Posted: 08 Oct 2008
Michelle Hanlon and Joel B. Slemrod
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Michigan, Stephen M. Ross School of Business

Abstract:

tax aggressiveness, tax shelter, market reaction

33.

An Unintended Consequence of Book-Tax Conformity: A Loss of Earnings Informativeness

Journal of Accounting & Economics (JAE), Forthcoming
Posted: 08 Oct 2008
Michelle Hanlon, Edward L. Maydew and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of North Carolina at Chapel Hill and University of California-Irvine

Abstract:

book-tax conformity, earnings informativeness

34.

Dividend Policy at Firms Accused of Accounting Fraud

Contemporary Accounting Research, Vol. 30, No. 2, pp. 818-850, 2013
Posted: 23 May 2006 Last Revised: 21 Mar 2014
Judson Caskey and Michelle Hanlon
University of California at Los Angeles - Anderson School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Dividends, fraud, accounting fraud, SEC, earnings management

35.

Is There a Link Between Executive Equity Incentives and Accounting Fraud?

Journal of Accounting Research, Forthcoming
Posted: 15 Sep 2005
Merle Erickson, Michelle Hanlon and Edward L. Maydew
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of North Carolina at Chapel Hill

Abstract:

36.

Are Executive Stock Options Associated with Future Earnings

Journal of Accounting & Economics, Vol. 36, Nos. 1-3, pp. 3-43, December 2003
Posted: 05 Nov 2003
Michelle Hanlon, Shivaram Rajgopal and Terry J. Shevlin
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Columbia Business School and University of California-Irvine

Abstract:

management compensation, stock options, incentive alignment, rent extraction

37.

Tax Rates and Corporate Decision Making

Review of Financial Studies, Forthcoming
Number of pages: 85 Posted: 23 Jan 2017
Duke University, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of California-Irvine and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 0

Abstract:

Capital structure; Investment; Leverage; Taxes; Behavioral finance; Salience; Heuristics; Limited attention; ETR