Stan Hoi - Featured Faculty 2017
Stan Hoi
Saunders College of Business
Colleagues and students call him Stan. Stan’s current research focus on the effects of social capital on corporations. In these endeavors, social capital refers to non-religious norms and social networks that exist in local geographical areas in which corporate headquarters are located. These research add to our understanding of how social influences affect corporations and bridge disciplines in social sciences including sociology, economics, finance, accounting, and management. Collectively, the research findings suggest that social norms and networks surrounding corporate headquarters exert influences that constrains corporate tax avoidance, promotes corporate social responsibility, and facilitates corporate debt contracting. One can find the resulting publications in the Journal of Accounting Research, the Journal of Business Ethics, and the Journal of Financial and Quantitative Analysis, respectively. Continuing with this inquiry, Stan and colleagues are exploring the effects of social capital on agency problems in corporations and on corporate innovation.
His other research focus on the causes and consequences of corporate tax avoidance. On one hand, Stan and colleagues find that irresponsible corporate culture encourages corporate tax avoidance. On the other hand, they find that corporate tax avoidance is costly to corporations because creditors demand higher interests when lending to firms with higher levels of tax avoidance. The resulting publications can be found in The Accounting Review and the Journal of Financial Economics, respectively. Marching on this path, Stan and colleagues are exploring the effects of state laws on corporate tax avoidance and the effects of tax avoidance on corporate directors.
Stan Hoi
Assistant Professor
RIT Saunders College of Business