Experimental and Empirical analysis of Colombian Decision - Maker Behavior: The effects of Changes in Audit Committees, Integrated Reporting and NIIF Accounting Rules.

4. ObjectivesWe expect to find evidence to answer several questions regarding the effect of accounting information changes on decision-maker behavior including the following. ¿ Do some specific elements of the Integrated Report (IR) impact investment decisions in ESG/CSR activities? If so, what are the effects of different visualization formats on investment decisions in ESG/CSR activities?¿ What are the potential shifts in the content of the reports and the ultimate consequences of IR on companies¿ ESG performance and how is decision quality influenced by the inclusion or absence of different types of information?C) We expect to find evidence about:¿ To understand if recent tax reforms have changed the behavior of the Colombian firms, in terms of tax compliance and performance.¿ To test if the bunching hypothesis is also valid for firms and not only for individuals in Colombia , if so it would be interesting to understand the heterogeneous effect of the reform on firms of different size and sector.¿ To understand if Colombian firms show any type of tax avoidance according to the measures established in the literature and understand how they do it.¿ To explore if Colombian firms with political connection are more willing to have aggressive taxation policies or perform better than others.¿ To explore the performance of tax avoiding firms in terms of financial ratios.