01537nas a2200169   4500008004100000245008300041210006900124260002200193490000700215520092900222653001501151653003201166100001701198700001801215700002001233856011401253       2018                        eng d00aTax Avoidance, Financial Experts on the Audit Committee, and Business Strategy0 aTax Avoidance Financial Experts on the Audit Committee and Busin  aHoboken, NJc20180 v453 aWe examine whether financial expert audit committee members tailor their approach to overseeing the corporate tax planning process according to the firm's business strategy. We predict and find that such directors encourage defender‐type firms (characterized partially by high risk aversion) to engage in more tax avoidance activities and prospector‐type firms (characterized partially by innovation and risk seeking) to scale back on tax avoidance, relative to the opposing strategy type. We also find that both accounting experts and non‐accounting financial experts on the audit committee contribute to our results to some extent, although the effects of non‐accounting financial experts present more consistently. Overall, our results suggest that financial experts on the audit committee tend to play more of an advising role for defenders and more of a monitoring role for prospectors, relative to one another.10aAccounting10aStrategy & Entrepreneurship1 aMoore, Jared1 aHsu, Pei, Hui1 aNeubaum, Donald  u/biblio/tax-avoidance-financial-experts-audit-committee-and-business-strategy