# Professor Alexander Ljungqvist's research on the connection between corporate taxes and risk is featured

1 Faculty News January 5, 2016 ![The Atlantic logo](/sites/default/files/styles/246w/public/assets/images/con_031336.jpg?itok=T4ciY3Gl)>

Excerpt from [The Atlantic](http://www.theatlantic.com/business/archive/2016/01/can-taxes-encourage-better-corporate-behavior/422652/) -- "As a new National Bureau of Economic Research paper documents, tweaking taxes can also play a role in determining the degree of risk companies are willing to take on. The paper’s authors, [Alexander Ljungqvist](http://w4.stern.nyu.edu/faculty/bio/alexander-ljungqvist) of New York University, Liandong Zhang of City University of Hong Kong, and Luo Zuo of Cornell, took a look at the impact that fluctuations in state taxes had on a company’s earnings, using increased earnings volatility as a signal of having taken on more risk."

[Read more](http://www.theatlantic.com/business/archive/2016/01/can-taxes-encourage-better-corporate-behavior/422652/)