...Mahmoud Abdelrahman; Danial Hemmings; Aziz Jaafar Purpose This paper empirically examines how tax haven use affects classification shifting by public and private UK firms. Design/methodology/approach The authors conduct multivariate regression analyses of classification shifting on proxies...

... through the information opacity channel. Finally, in cross-sectional analyses, the authors find that the positive association between income-shifting and stock price crash risk is more pronounced for MNCs that use tax haven subsidiaries and have weak corporate governance mechanisms. Originality/value...