Can we draw the following hypothesis from the context?

Context:

Don't let up in fight against tax avoidance, Moscovici urges EU states VALLETTA, April 8 European Union states should continue reforming corporate rules to tackle tax avoidance, EU tax commissioner Pierre Moscovici told finance ministers on Saturday, as some smaller nations urged slower reform to avoid scaring away big corporations.

Hypothesis: Large corporations might be scared away by quick reforms.
Yes