Citation Analysis of Document

Rank Authors Title Year Published

1 Anthony B. Top Incomes in the Long Run 2011 Middle East African
Atkinson, Thomas of History Journal of
Piketty, and Ophthalmology
Emmanuel Saez
2 Besley TPersson Pillars of prosperity: The 2011 Pillars of Prosperity:
T political economics of The Political
development clusters Economics of
Development Clusters
3 Shuping Chen, Are family firms more tax 2010 Journal of Financial
Xia Chen, aggressive than non-family Economics
Qiang Cheng, firms?
Terry Shevlin
4 Mihir A. Desai, Corporate tax avoidance and 2006 Journal of Financial
Dhammika high-powered incentives Economics
Dharmapala
5 Dyreng, The effects of executives on 2010 Accounting Review
Shanlon, corporate tax avoidance
MMaydew E
6 Dyreng, Long-run corporate tax 2008 Accounting Review
Shanlon, avoidance
MMaydew E
7 Gray, Oxygen sensation and social 2004 Nature
JKarow, feeding mediated by a C.
DLu H elegans guanylate cyclase
homologue

8 Hanlon, A review of tax research 2010 Journal of Accounting

MHeitzman S and Economics
9 Kim, Corporate tax avoidance 2011 Journal of Financial
JLi Y, and stock price crash risk: Economics
Zhang L Firm-level analysis

10 Wan C, CODA: Congestion detection 2003 SenSys'03:

Eisenman S, and avoidance in sensor Proceedings of the
Campbell A networks First International
Conference on
Embedded Networked
Sensor Systems

JOURNAL REVIEW
No Title Journal Review
1 Top Incomes in the Long Run of  In this paper,we have argued that the
History study of top incomes is important from

2 Pillars of prosperity: The political
economics of development clusters
the standpoint of overall inequality and
of the design of public policy. The tax
data, on which the studies reviewed
here are based, are subject to serious
limitations, which we have examined at
length.
 The data can however, in our judgment,
be used for distributional analysis, and
they are the only source covering such
a long run of years. The data cover
much of the twentieth century,
including the Great Depression, the
Golden Age, and the Roaring Nineties.
In some cases, the data reach back
before the First World War and into the
nineteenth century. The estimates
presented here are designed to be
broadly comparable and provide
evidence for more than twenty
countries, containing more than half of
the world’s population.
 To achieve peace, the authors stress the
avoidance of repressive government
and civil conflict. Easy taxes, they
argue, refers not to low taxes, but a tax
system with widespread compliance
that collects taxes at a reasonable cost
from a broad base, like income. And a
tolerable administration of justice is
about legal infrastructure that can
support the enforcement of contracts
and property rights in line with the rule
of law. The authors show that countries
tend to enjoy all three pillars of
prosperity when they have evolved
cohesive political institutions that
promote common interests,
guaranteeing the provision of public
goods. In line with much historical
research, international conflict has also
been an important force behind
effective states by fostering common
interests. The absence of common
interests and/or cohesive political
institutions can explain the existence of
very different development clusters in
fragile states that are plagued by
poverty, violence, and weak state
capacity.
3 Are family firms more tax aggressive
than non-family firms?
4 Corporate tax avoidance and high-
powered incentives
 Our results highlight the importance of
the unique agency conflict between
family owners and other shareholders
in determining family firms’ tax
reporting. We offer corroborating
evidence by focusing on scenarios
where family owners’ concern with
investors’ perception of family
entrenchment is predictably weaker or
stronger. We find that, relative to other
family firms, family firms with long-
term institutional investors as effective
outside monitors are more tax
aggressive, presumably because these
institutional investors can reduce the
rent extraction of family owners. In
contrast, family firms expecting to raise
external capital are arguably more
concerned with the negative perception
of rent extraction. We find these firms
to be even less tax aggressive.
 In addition, our analysis of the Graham
and Tucker (2006) tax sheltering firms
shows that family firms are less likely
to use tax shelters. We also find that
our results are mainly attributed to
family firms run by founders or non-
family professional CEOs, and the
results hold after controlling for
outside blockholding, CEO equity
ownership, and firm sophistication
measured by firm age.
 The literature on taxes and financial
decision making has emphasized
financing decisions in which taxes are a
factor but has underemphasized the
importance of purely tax-motivated
transactions that appear to be growing
in importance.
 Similarly, extensive discussions of
corporate tax shelters have taken place
largely in the absence of analysis of the
level and determinants of tax sheltering
activity.
 A simple theoretical model highlights
the link between the weight placed by
managers on firm value and their
choices regarding tax avoidance, with
particular emphasis on the role of

5 The effects of executives on
corporate tax avoidance
6 Long-run corporate tax avoidance
corporate governance. The empirical
measure of tax sheltering activity that
we construct for a large sample of firms
over the period 1993–2001, by
correcting the estimated booktax gaps
to take account of accounting accruals,
permits investigation of the relevance
of this framework.
 Results indicate that individual
executives play a significant role in
determining the level of tax avoidance
that firms undertake, incremental to
characteristics of the firm. Analyzing
executive effects in event time shows
results consistent with executive-
specific tax avoidance that arises
shortly after the executive arrives and
stops after the executive leaves. In
addition, an executive’s effect on tax
avoidance at his/her first firm tends to
be positively associated with his/her
effect at the second firm, mitigating
potential concerns that our results are
driven by random effective tax rate
changes at only one firm during the
executive’s tenure.
 This variation in tax avoidance
proclivity across executives affects
their firms’ tax avoidance in ways that
cannot be explained by firm
characteristics. Moreover, the evidence
indicates that these executive effects
can be economically large. Given the
difficulty of explaining effective tax
rates or other measures of tax
avoidance, documenting that
executives matter to their firms’
effective tax rates is an important first
step and contribution.
 In addition, the data indicate that
annual cash effective tax rates exhibit
some year-toyear persistence, but that
the persistence is asymmetric. Low-
cash effective tax rates have greater
persistence than do high-cash effective
tax rates. Thus, a high annual cash
effective tax rate is much more
transitory while low rates are more
likely to be sustainable over long

7 Oxygen sensation and social feeding
mediated by a C. elegans guanylate
cyclase homologue
8 A review of tax research
periods of time. The persistence of low
annual cash effective tax rates and the
apparent ability of firms to avoid taxes
in the long run could be driven by
management actions to avoid taxes or
by inherent differences in the groups of
firms. In a preliminary examination of
data related to these issues, there is
some evidence of industry effects,
although a great deal of variation in
cash effective tax rates is not explained
by industry. We leave a more detailed
analysis of the causes and
consequences of long-run tax
avoidance to future research.
 Specialized oxygen-sensing cells in the
nervous system generate rapid
behavioural responses to oxygen. We
show here that the nematode
Caenorhabditis elegans exhibits a
strong behavioural preference for 5–
12% oxygen, avoiding higher and lower
oxygen levels. 30 ,50 -cyclic guanosine
monophosphate (cGMP) is a common
second messenger in sensory
transduction and is implicated in
oxygen sensation. Avoidance of high
oxygen levels by C. elegans requires the
sensory cGMP-gated channel tax-2/tax-
4 and a specific soluble guanylate
cyclase homologue, gcy-35. The GCY-35
haem domain binds molecular oxygen,
unlike the haem domains of classical
nitric-oxide-regulated guanylate
cyclases. GCY-35 and TAX-4 mediate
oxygen sensation in four sensory
neurons that control a naturally
polymorphic social feeding behaviour
in C. elegans. Social feeding and related
behaviours occur only when oxygen
exceeds C. elegans’ preferred level, and
require gcy-35 activity. Our results
suggest that GCY-35 is regulated by
molecular oxygen, and that social
feeding can be a behavioural strategy
for responding to hyperoxic
environments.
 Has tax research progressed since
Shackelford and Shevlin (2001)?

9 Corporate tax avoidance and stock
price crash risk: Firm-level analysis
10 CODA: Congestion detection and
avoidance in sensor networks
Undoubtedly, it has. However, there is
much to be done. Although the effects
of taxes on ‘‘real’’ corporate decisions
are at times difficult to document, they
are important to examine, especially
given the focus on tax policy in
federal stimulus efforts that compound
growing budget deficits. Research in
this area, especially using accounting
researchers’ knowledge of financial
statements and institutional details,
will provide important contributions
over the next era. In addition, further
study of the tradeoff or interaction
between tax reporting and financial
reporting will be important to
understand why some tax policies are
more or less effective than economists
and policy makers might expect.
 This study finds strong evidence that
tax avoidance is positively associated
with the future crash risk of firm-
specific returns. Our results are robust
to the use of three alternative proxies
for tax avoidance: a measure of the
probability of tax sheltering, a long-run
cash effective tax rate measure, and a
common factor extracted from three
book-tax difference measures. The
results are also robust to the use of
alternative measures of future crash
risk and a variety of sensitivity checks.
 This concern is more relevant for book-
tax difference measures. We mitigate
this concern by using multiple proxies
for tax avoidance, especially our two
main measures besides book-tax
differences. In addition, we explicitly
control for earnings manipulation and
show that the predictive power of tax
avoidance with respect to crash risk is
incrementally significant beyond and
above that of earnings management.
 We present the detailed design,
implementation, and evaluation of
CODA using simulation and
experimentation. We define two
important performance metrics (i.e.,
energy tax and fidelity penalty) to
evaluate the impact of CODA on the
performance of sensing applications.
We discuss the performance benefits
and practical engineering challenges of
implementing CODA in an experimental
sensor network testbed based on
Berkeley motes using CSMA. Simulation
results indicate that CODA significantly
improves the performance of data
dissemination applications such as
directed diffusion by mitigating
hotspots, and reducing the energy tax
with low fidelity penalty on sensing
applications. We also demonstrate that
CODA is capable of responding to a
number of congestion scenarios that we
believe will be prevalent as the
deployment of these networks
accelerates.