Jennifer Blouin

Professor Jennifer Blouin’s research centers on the role of taxation in firm decision making.

Professor Blouin studies taxation in many contexts, including capital structure, asset pricing, payout policy and multinational firm behavior. Professor Blouin's research has been published in toptier academic journals including Accounting Review, Journal of Accounting Research, National Tax Journal and the Journal of the American Taxation Association. She has received funding from the Rodney L. White Center for Financial Research, the Global Initiatives Research Program and the International Tax Policy Forum. In addition, Professor Blouin is a 20092010 Golub Faculty Scholar.

Professor Blouin teaches taxation to undergraduate, MBA, and PhD students. She received her PhD in Accounting from the University of North Carolina Chapel Hill and her BS from Indiana University – Bloomington.

Jennifer Blouin and Bryan Cloyd (Work In Progress), Price Pressure from Dividend Reinvestment Activity: Evidence from ClosedEnd Funds.

Jennifer Blouin and Irem Tuna (Work In Progress), Tax Contingencies: Cushioning the Blow to Earnings?.

Jennifer Blouin and Mary Ellen Carter (Work In Progress), The Economics of Restricted Stock and the Section 83(b) Election.

Jennifer Blouin, Linda K. Krull, Casey Schwab (Under Revision), The Effect of the Domestic Manufacturing Deduction on Corporate Payout Behavior.

Jennifer Blouin, Linda K. Krull, Leslie Robinson (Work In Progress), The investment implications of permanently reinvested earnings.

Jennifer Blouin, Linda K. Krull, Leslie Robinson (Under Review), The location and composition of permanently reinvested earnings.

Jennifer Blouin, H. Huizinga, L. Laeven, G. Nicodeme (Under Review), Thin Capitalization Rules and Multinational Firm Capital Structure.

Jennifer Blouin, Leslie Robinson, Jeri Seidman (Under Review), Coordination of Transfer Prices on IntraFirm Trade.

Terrence Blackburne and Jennifer Blouin (Work In Progress), Understanding the Informativeness of BookTax Differences.

Jennifer Blouin and Linda K. Krull (Work In Progress), Does Organizational Form Affect Firms’ Foreign Operations? The Role of “ChecktheBox” on Multinational Tax Planning?.

Past Courses

ACCT297 TAXES AND BUS STRATEGY

The objective of this course is to develop a framework for understanding how taxes affect business decisions. The key themes of the framework all parties, all taxes and all costs are applied to decision contexts such as investments, compensation, organizational form, and mergers and acquisitions. The ultimate goal is to provide a new approach to thinking about taxes that will be valuable even as laws and governments change.

ACCT897 TAXES AND BUS STRATEGY

The objective of this course is to develop a framework for understanding how taxes affect business decisions. Traditional finance and strategy courses do not consider the role of taxes. Similarly, traditional tax courses often ignore the richness of the decision context in which tax factors operate. The key themes of the framework all parties, all taxes and all costs are applied to decision contexts such as investments, compensation, organizational form, regulated industries, financial instruments, taxsheltered investments, mergers and acquisitions, multinational, and multistate. The ultimate goal is to provide a new approach to thinking about taxes (and all forms of government intervention) that will be valuable even as laws and governments change.

ACCT921 EMPIRICAL RES IN ACCT I

The course covers empirical research design and provides students with a perspective on historically important accounting research. Topics covered such as research on the timeseries and crosssectional properties of financial accounting measures, capital markets behavior, financial intermediaries, and international accounting research.

ACCT922 EMPIRICAL RES IN ACCT II

The course covers empirical research design and provides students perspective on historically important accounting research. Topics covered such as research on the timeseries and crosssectional properties of financial accounting measures, capital markets behavior, financial intermediaries, and international accounting research. Topics covered may include corporate governance, executive compensation, debt contracting, accounting regulation, tax, and management accounting.

• Penn Fellow, 2014
• Jacob Levy Center Research Grant, 2014
• MBA Excellence in Teaching Award, 2014
• Rodney L. White Center for Financial Research Grant, 2010
• MBA Teaching Commitment and Curricular Innovation Awards, 2010
• American Taxation Association Tax Manuscript Award, 2010
• International Tax Policy Forum Research Grant, 2009
• Golub Faculty Scholar, 2009
• Global Initiatives Fellowship, 2009
• Terker Research Fellowship, 2008
• Educational Foundation for Women in Accounting Doctoral Fellowship, 2002
• AAA Doctoral Consortium Fellow, 2000
• KPMG Peat Marwick Doctoral Scholarship, 1998

• AICPA Minority Doctoral Fellow, 1998

• U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes, Bloomberg Business 03/04/2015

• What Icahn Thinks Investors Are Missing in Apple’s Earnings, The Wall Street Journal 02/18/2015

• If you had a bank account in the Cayman Islands, why would you pay taxes on it?, Quartz 06/06/2013

• Apple chief calls on US government to slash US corporate tax, The Guardian 05/21/2013

• Why Fantastically Wealthy Apple Is Borrowing Money, Wired 05/01/2013

• All Eyes on Foreign Earnings, CFO.com 12/15/2012

• Tax Incentive Helps Multinationals Repatriate 20% Less, Study Finds, CFO.com 11/12/2012

• Tasting Three Flavors of Tax Software, New York Times 02/13/2011

Knowledge @ Wharton

• Why a U.S. Tax System Overhaul Would Be ‘a Massive Undertaking’, Knowledge @ Wharton 05/26/2017
• The Real Losers in the European Commission’s Apple Tax Ruling, Knowledge @ Wharton 09/08/2016
• Trump or Clinton? How the Election Will Impact the Economy, Knowledge @ Wharton 08/17/2016
• Why New U.S. Rules Won’t Completely Halt Tax Inversions, Knowledge @ Wharton 04/08/2016
• The HSBC Scandal: A Red Flag for U.S. Regulators?, Knowledge @ Wharton 02/18/2015
• Capital Flight: Can Tax Inversions Be Prevented?, Knowledge @ Wharton 09/16/2014
• Corporate Tax Avoidance: Can the System Be Fixed?, Knowledge @ Wharton 06/19/2013
• Pressure Points: Where Tax Reform Can Be Most Effective, Knowledge @ Wharton 02/13/2013
• Private Equity: Fact, Fiction and What Lies in Between, Knowledge @ Wharton 02/29/2012
• Private Equity: Fact, Fiction and What Lies in Between, Knowledge @ Wharton 02/08/2012
• Not a Dirty Word: How Companies Use Debt to Improve Their Bottom Line, Knowledge @ Wharton 02/04/2009