Michelle Hanlon

Howard W. Johnson Professor
Professor of Accounting

Biography | Selected Publications

“The Effect of Repatriation Tax Costs on U.S. Multinational Investment,” Hanlon, Michelle, Rebecca Lester, and Rodrigo Verdi. Forthcoming, Journal of Financial Economics. 

"Taking the Long Way Home: U.S. Tax Evasion and Offshore Investments in U.S. Equity and Debt Markets" (2014)

“Taking the Long Way Home: U.S. Tax Evasion and Offshore Investments in U.S. Equity and Debt Markets,” Hanlon, Michelle, Ed Maydew and Jacob Thornock, Journal of Finance, published online November, 2013, doi: 10.1111/jofi.12120, forthcoming in print version.  (2014)

“Incentives for Tax Planning and Avoidance: Evidence from the Field,” Hanlon, Michelle, John Graham, Terry Shevlin, and Nemit Shroff, The Accounting Review, vol. 89, 2014, p. 991-1024. 

Taxes and Business Strategy: A Planning Approach. M. Scholes, M. Wolfson, M. Erickson, M. Hanlon, E. Maydew, and T. Shevlin. Pearson Education, Inc. Upper Saddle River, New Jersey. 2014. 

“The Effect of Tax Authority Monitoring and Enforcement on Financial Reporting Quality,” Hanlon, Michelle, Jeffrey Hoopes, and Nemit Shroff. Journal of American Taxation Association, vol. 36 (Fall), 2014, p. 137. 

“What do Firms do When Dividend Tax Rates Change? An Examination of Alternative Payout Responses,” M. Hanlon and J. Hoopes. Journal of Financial Economics, vol. 114 (1), 2014, p. 105-124. 

“Audit Fees and Book-Tax Differences,” Hanlon, Michelle, Gopal Krishnan and Lillian Mills, Journal of American Taxation Association, vol. 34, Spring 2012, p. 55-86. 

“Dividend Policy at Firms Accused of Accounting Fraud,” Hanlon, Michelle, Judson Caskey, Contemporary Accounting Research, vol. 30 (2), June 2012, p. 818–850. 

“Where do Firms Manage Earnings?” Dyreng, Scott, Michelle Hanlon, and Ed Maydew, Review of Accounting Studies, vol. 17, 2012, p. 649-687. 

“Real Effects of Accounting Rules: Evidence from Multinational Firms’ Investment Location and Repatriation Decisions,” Hanlon, Michelle, John Graham and Terry Shevlin, Journal of Accounting Research, vol. 49, March 2011, p. 137-188. 

“A Review of Tax Research,” Hanlon Michelle, Shane Heitzman. Journal of Accounting and Economics, vol. 50, December 2010, p. 127-178. 

An Empirical Analysis of Offshore Tax Evasion (2010)

“Barriers to Mobility: The Lockout Effect of U.S. Taxation of Worldwide Corporate Profits,” Graham, John, Michelle Hanlon, and Terry Shevlin, National Tax Journal, vol. 63, Dec. 2010, p. 1111-1144. 

Do Dividends Indicate Honesty? An Examination of Dividend Policy at Firms Accused of Accounting Fraud (2010)

“The Effects of Managers on Corporate Tax Avoidance,” Hanlon, Michelle, Scott Dyreng, and Ed Maydew. The Accounting Review, vol. 85, July 2010, p. 1163-1189. 

Uncle Sam is Watching: The Effect of IRS Enforcement on Financial Reporting Quality (2010)

Where do Firms Manage Earnings? (2010)

“Book-Tax Conformity: Implications for Multinational Firms,” Hanlon, Michelle and Ed Maydew, National Tax Journal, vol. 62, March 2009, p. 127-153. Forum/invited paper. 

“What Does Tax Aggressiveness Signal? Evidence from Stock Price Reactions to News about Tax Shelter Involvement,” Hanlon, Michelle and Joel Slemrod, Journal of Public Economics, vol. 93, February 2009, p. 126-141. 

“An Unintended Consequence of Book-Tax Conformity: A Loss of Earnings Informativeness,” Hanlon, Michelle, Ed Maydew, and Terry Shevlin, Journal of Accounting and Economics, vol. 46, December 2008, p. 294-311. 

“Long Run Corporate Tax Avoidance,” Dyreng, Scott, Michelle Hanlon, and Ed Maydew. The Accounting Review, vol. 83, January 2008, p. 61-82. 

“An Empirical Examination of Corporate Tax Noncompliance,” with Lillian Mills and Joel Slemrod, in Taxing Corporate Income in the 21st Century, A. Auerbach, J. R. Hines Jr., and J. Slemrod (eds.). Cambridge: Cambridge University Press, 2007. Invited paper. 

“Is There a Link Between Executive Equity Holdings and Accounting Fraud,” Erickson, Merle, Michelle Hanlon, and Ed Maydew. Journal of Accounting Research, vol. 44, March 2006, p. 113-143.

“Bank-Tax Conformity for Corporate Income: An Introduction to the Issues,” Hanlon, Michelle and Terry Shevlin. Tax Policy and the Economy, No. 19, 2005, edited by James M. Poterba. National Bureau of Economic Research, Cambridge, MA. Invited paper. 

“Evidence on the Information Loss of Conforming Book Income and Taxable Income,” Hanlon, Michelle, Stacie Kelley Laplante, and Terry Shevlin. The Journal of Law and Economics, vol. 48, October 2005, p. 407-442. 

“The Persistence and Pricing of Earnings, Accruals, and Cash Flows When Firms Have Large Book-Tax Differences,” The Accounting Review, vol. 80, January 2005, p. 137-166. 

“How Much Will Firms Pay for Earnings That Do Not Exist? Evidence of Taxes Paid on Allegedly Fraudulent Earnings,” Erickson, Merle, Michelle Hanlon, and Ed Maydew. The Accounting Review, vol. 79, April 2004, p. 387-408. 

 “Are Executive Stock Options Associated With Future Earnings?” Hanlon, Michelle, Shiva Rajgopal and Terry Shevlin, Journal of Accounting and Economics, December 2003, p. 3-43. 

“Dividend Taxes and Firm Valuation: A Re-Examination,” Hanlon, Michelle, James Myers and Terry Shevlin, Journal of Accounting and Economics, vol. 35, June 2003, p. 119-153. 

“What Can We Infer About a Firm’s Taxable Income from its Financial Statements?” National Tax Journal, vol. 56, Dec. 2003, p. 831-863. Invited paper, presented at the Brookings Institute. 

“The Tax Benefits of Employee Stock Options: The Accounting and Implications,” Hanlon, Michelle and Terry Shevlin, Accounting Horizons, vol. 16, March 2002, p. 1-16. 

 

Contact Information
Office: E62-668
Tel: (617) 253-9849
Fax: (617) 253-0603
Support Staff
Name: Cassie Reddick
Tel: (617) 715-4178
Name: Jackie Donnelly
Tel: (617) 324-1198
Name: Nancy Leonelli
Tel: (617) 253-6130
Group(s)

General Expertise
Accounting; Accounting fraud; Book-tax conformity; Dividend policy; Financial reporting; Fraud; International tax; Tax policy; Taxation