Does Corporate Tax Planning Affect Firm Productivity?

The authors thank the editors and two anonymous referees. The authors also thank Shannon Chen (discussant), Igor Goncharov, Omrane Guedhami, Martin Jacob, Maria-Teresa Marchica, Vlad-Andrei Porumb, Andrew Stark, Norman Strong, Chi-Yang Tsou, Georgios Voulgaris, Martin Walker, Kelly Wentland (discussant), and Liandong Zhang as well as conference participants at the 2022 American Accounting Association Annual Meeting, 2022 European Accounting Association Annual Congress, 2022 American Taxation Association Midyear Meeting, 2021 British Academy of Management Annual Conference, 2021 International Corporate Governance Society Annual Conference, and 2021 XVI International Accounting Research Symposium as well as workshop participants at the University of Manchester.