This study examines the association between creative corporate culture and corporate tax avoidance. We construct a novel measure of creative corporate culture through the textual analysis of public firms’ 10-K reports. We find that firms with highly creative culture avoid taxes to a greater extent than firms with less creative culture. This effect is incremental to previously documented effects of research and development and intangible (e.g., patents) on tax avoidance. Overall, our study documents a negative outcome of creative corporate culture on corporate behavior in terms of tax avoidance.

中文翻译：

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创意企业文化与企业避税

本研究考察了创造性企业文化与企业避税之间的关系。我们通过对上市公司的 10-K 报告进行文本分析，构建了一种衡量创意企业文化的新方法。我们发现，与创意文化较少的公司相比，具有高度创意文化的公司可以更大程度地避税。这种影响是对先前记录的研发和无形资产（例如专利）对避税的影响的增量。总的来说，我们的研究记录了创造性企业文化对企业避税行为的负面影响。