Luiz Marcelo Lopes da Silva

Moderating Effect of the Economic Cycle on the Relationship Between Tax Avoidance and the Value Relevance of Brazilian Publicly Traded Companies

This article examines the moderating effect of the economic cycle on the relationship between tax avoidance and the value relevance of Brazilian publicly traded companies, through the lens of Signaling Theory. The sample comprises 278 companies, yielding 2327 firm-year observations over the period from 2014 to 2024. Mu...