@techreport{35753, author = {{Bayer, Christian and Engelmaier, Florian and Riphahn, Regina T. and Schmidt-Dengler, Philipp and Sondergeld, Virgina and Sureth-Sloane, Caren and von Wangenheim, Jonas and Weizsäcker, Georg}}, publisher = {{Verein für Socialpolitik und Joachim Herz Stiftung}}, title = {{{Beste Bedingungen für junge Ökonominnen und Ökonomen? Neue Daten und Empfehlungen der AG Nachwuchs im Verein für Socialpolitik}}}, year = {{2022}}, } @article{35771, author = {{Sureth-Sloane, Caren}}, journal = {{FinanzRundschau}}, number = {{8}}, pages = {{325--331}}, title = {{{Steuerpolitische Perspektiven der neuen Legislaturperiode - Chancen und Herausforderungen}}}, volume = {{104}}, year = {{2022}}, } @techreport{35768, author = {{Interdisziplinäre Kommission für Pandemieforschung, DFG and Sureth-Sloane, Caren}}, title = {{{Wissenschaften in der Coronavirus-Pandemie - Erkenntnisse, Wissens- und Handlungslücken sowie Schlussfolgerungen für die Vorbereitung auf künftige Pandemien}}}, year = {{2022}}, } @techreport{35759, abstract = {{Academic publishing represents one of the core functions of scientific activity and thus of the research system. The Deutsche Forschungsgemeinschaft (DFG, German Research Foundation) is committed to the adequate communication of research results and the maintenance of a functioning publication system as a basic requirement of the research system. Ensuring that academic publishing serves foremost the purposes of publicising, quality review and documenting scientific findings should be an essential goal of responsible science administration and promotion. The position paper therefore analyses the central background of the current situation in scientific publishing, identifies challenges and points out possible fields of action. With this positioning, the DFG contributes to the further development of the publication system in a way that is appropriate for science and research.}}, author = {{Deutsche Forschungsgemeinschaft | AG Publikationswesen, (DFG) and Sureth-Sloane, Caren}}, title = {{{Wissenschaftliches Publizieren als Grundlage und Gestaltungsfeld der Wissenschaftsbewertung}}}, doi = {{10.5281/ZENODO.6538163}}, year = {{2022}}, } @techreport{35788, author = {{Fochmann, Martin and Heinemann-Heile, Vanessa and Huber, Hans-Peter and Maiterth, Ralf and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, keywords = {{General Earth and Planetary Sciences, General Environmental Science}}, title = {{{Zusatzkosten der Besteuerung – Eine Analyse des steuerlichen Verwaltungsaufwands und der subjektiv wahrgenommenen Steuerbelastung (An Empirical Analysis of Firms’ Hidden Cost of Taxation)}}}, doi = {{10.2139/ssrn.4210460}}, volume = {{100}}, year = {{2022}}, } @techreport{35795, author = {{Greil, Stefan and Overesch, Michael and Rohlfing-Bastian, Anna and Schreiber, Ulrich and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, title = {{{Towards an Amended Arm's Length Principle - Tackling complexity and implementing destination rules in transfer pricing}}}, doi = {{10.2139/ssrn.4166972}}, volume = {{89}}, year = {{2022}}, } @article{35749, author = {{Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaftslehre e.V., . and lead authors: Kreuzer, A and Maier, H and Martini, J. T. and Niemann, Rainer and Schachtebeck, Maite and Simons, Dirk and Stoltenberg, J and Sureth-Sloane, Caren}}, journal = {{Internationales Steuerrecht}}, number = {{22}}, pages = {{824--829}}, title = {{{Chancen und Risiken eines Cooperative Compliance-Ansatzes für die deutsche Besteuerungspraxis von multinationalen Unternehmen – Erfahrungen verschiedener Länder und Eindrücke deutscher Unternehmensvertreter}}}, volume = {{31}}, year = {{2022}}, } @article{29317, abstract = {{In this paper new semiparametric GARCH models with long memory are in- troduced. The estimation of the nonparametric scale function is carried out by an adapted version of the SEMIFAR algorithm (Beran et al., 2002). Recurring on the revised recommendations by the Basel Committee to measure market risk in the banks' trading books (Basel Committee on Banking Supervision, 2013), the semi- parametric GARCH models are applied to obtain rolling one-step ahead forecasts for the Value at Risk (VaR) and Expected Shortfall (ES) for market risk assets. In addition, standard regulatory traffic light tests (Basel Committee on Banking Supervision, 1996) and a newly introduced traffic light test for the ES are carried out for all models. The practical relevance of our proposal is demonstrated by a comparative study. Our results indicate that semiparametric long memory GARCH models are an attractive alternative to their conventional, parametric counterparts.}}, author = {{Letmathe, Sebastian and Feng, Yuanhua and Uhde, André}}, journal = {{Journal of Risk}}, keywords = {{Semiparametric, long memory, GARCH models, forecasting, Value at Risk, Expected Shortfall, traffic light test, Basel Committee on Banking Supervision}}, title = {{{Semiparametric GARCH models with long memory applied to Value at Risk and Expected Shortfall}}}, doi = {{10.21314/JOR.2022.044}}, year = {{2022}}, } @techreport{37089, abstract = {{This research note links the legal framework of the insolvency process of German firms to the information available in the newly-constructed insol database. In particular, the database contains information from documents published by German insolvency courts in period 2005- 2022. This research note first presents the insolvency process with steps and events of the process as determined by the Insolvency Law (InsO). Next, it classifies the documents to specific steps and events, and then presents their information content using textual analysis. Specifically, we identify target phrases via manual document checks and then create regular expressions for the target phrases. Classification of documents allows us to sketch most common paths that insolvent firms go through.}}, author = {{Ahlers, Theresa and Edossa, Fikir Worku and Uckert, Matthias and Kosi, Urska}}, keywords = {{insol database, insolvency process, Germany, court fillings}}, title = {{{Insolvcency Process in Germany and the insol database: A research Note}}}, year = {{2022}}, } @techreport{37131, abstract = {{This paper introduces a novel database on the European corporate bond market to analyze the role of transparency regulation and recent developments in bond markets. We use data from the European Securities and Markets Authority (ESMA) to build a comprehensive database covering daily corporate bond listing information in Europe starting in 2018. We then analyze the different market segments of the European bond market along four key areas: (i) time and cross-sectional trends in bond listings; (ii) composition of firms on the market; (iii) firms’ financial reporting transparency; (iv) bond contract terms. Furthermore, we discuss the impact of recent economic events on these key areas.}}, author = {{Franke, Benedikt and Kosi, Urska and Stoczek, Pia}}, keywords = {{Transparency regulation, Corporate bond, European market}}, title = {{{Current developments in the European corporate bond market}}}, year = {{2022}}, } @techreport{37070, author = {{Beyer, Bianca and Flagmeier, Vanessa and Kosi, Urska}}, title = {{{Does private firms’ disclosure affect public peers’ information environment?}}}, year = {{2022}}, } @techreport{37088, abstract = {{We examine variation in mandatory CSR reporting practices based on a large sample of non-publicly listed savings banks in Germany. They do not have typical shareholders but rather are established by municipal trustees and can serve clients only in their distinct operating area. This setting permits us to identify demand for CSR information by their main stakeholder groups – municipal trustees and private and corporate clients. In this way, our analysis focuses on the double-materiality approach to CSR reporting. We find that demand for CSR information by supervisory board chairperson belonging to a left-wing or green party and the presence of more supervisory board members belonging to a left-wing or green party are associated with longer CSR reports and more disclosure on environmental, social, employee and human rights matters. In addition, competition for private clients and the sustainability orientation of corporate clients are associated with longer reports and more disclosure on environmental, employee and human rights matters. These findings suggest that savings banks’ CSR reports cater to their principal stakeholders’ demand for CSR information.}}, author = {{Gulenko, Maryna and Kohlhase, Saskia and Kosi, Urska}}, keywords = {{Corporate social responsibility, Mandatory reporting, Non-publicly listed banks, Double materiality, Stakeholder groups, Political influence}}, title = {{{CSR Reporting under the Non-Financial Reporting Directive: Evidence from Non-publicly Listed Firms}}}, year = {{2022}}, } @article{34449, author = {{Crépellière, Tommy and Pelster, Matthias and Zeisberger, Stefan}}, journal = {{Journal of Financial Markets}}, title = {{{Arbitrage in the Market for Cryptocurrencies}}}, doi = {{10.1016/j.finmar.2023.100817}}, year = {{2022}}, } @misc{35775, author = {{Sureth-Sloane, Caren}}, publisher = {{VHB}}, title = {{{Steuerreformen: Investitionsstimulus oder bloß heiße Luft? Wann steuerliche Verlustrückträge der Wirtschaft helfen können}}}, year = {{2022}}, } @techreport{41182, author = {{Ortmann, Regina and Schindler, Dirk}}, title = {{{Income Shifting and Management Incentives}}}, year = {{2022}}, } @article{21405, abstract = {{Previous accounting research shows that taxes affect decision making by individuals and firms. Most studies assume that agents have an accurate perception regarding their tax burden. However, there is a growing body of literature analyzing whether taxes are indeed perceived correctly. We review 128 studies on the measurement of tax misperception and its behavioral implications. The review reveals that many taxpayers have substantial tax misperceptions that lead to biased decision making. We develop a Behavioral Taxpayer Response Model on the impact of provided tax information on tax perception. Besides individual traits, characteristics of the tax information and the decision environment determine the extent of tax misperception. We discuss opportunities for future research and methodological limitations. While there is much evidence on tax misperception at the individual level, we hardly find any research at the firm level. Little is known about the real effects of managers’ tax misperception and on how tax information is strategically managed to impact stakeholders. This research gap is surprising as a large part of the accounting literature analyzes decision making and disclosure of firms. We recommend a mixed-method approach combining experiments, surveys, and archival data analyses to improve the knowledge on tax misperception and its consequences.}}, author = {{Blaufus, Kay and Chirvi, Malte and Huber, Hans-Peter and Maiterth, Ralf and Sureth-Sloane, Caren}}, journal = {{European Accounting Review}}, number = {{1}}, pages = {{111--144}}, title = {{{Tax Misperception and Its Effects on Decision Making - Literature Review and Behavioral Taxpayer Response Model}}}, doi = {{10.1080/09638180.2020.1852095}}, volume = {{31}}, year = {{2022}}, } @article{29049, abstract = {{This study investigates the conditions under which tax rate changes accelerate risky investments. While tax rate increases are often expected to harm investment, analytical studies find tax rate increases may foster investment under flexibility.We design a theorybased experimentwith a binomial random walk and entry–exit flexibility.We find accelerated investment upon tax rate increases irrespective of an exit option, but no corresponding response to tax cuts. This asymmetry may be due to tax salience and mechanisms from irreversible choice under uncertainty. Given this evidence of unexpected tax-reform effects, tax policymakers should carefully consider behavioral aspects.}}, author = {{Fahr, René and Janssen, Elmar A. and Sureth-Sloane, Caren}}, journal = {{FinanzArchiv / European Journal of Public Finance}}, keywords = {{Economic ExperimentM, Investment Decisions, Tax Effects, Timing Flexibility, Uncertainty}}, number = {{1-2}}, pages = {{239--289}}, title = {{{Can Tax Rate Changes Accelerate Investment under Entry and Exit Flexibility? – Insights from an Economic Experiment}}}, volume = {{78}}, year = {{2022}}, } @article{29048, abstract = {{We study the bargaining behavior between auditor and auditee in a tax setting and scrutinize the effect of interpersonal trust and trust in government on both parties’ concessions. We find evidence that both kinds of trust affect the concessionary behavior, albeit in different ways. While trust in government affects concessionary behavior in line with intuitive predictions, we find that interpersonal trust only affects tax auditors. For high interpersonal trust, the alleviating effect of high trust in government on tax auditors’ concessions is less pronounced. Our findings help tax authorities to shape programs to enhance compliance in an atmosphere of trust.}}, author = {{Eberhartinger, Eva and Speitmann, Raffael and Sureth-Sloane, Caren and Wu, Yuchen}}, journal = {{FinanzArchiv / European Journal of Public Finance}}, keywords = {{Behavioral Taxation, Concessionary Behavior, Interpersonal Trust, Tax Audit, Trust in Government}}, number = {{1-2}}, pages = {{112--155}}, title = {{{How Does Trust Affect Concessionary Behavior in Tax Bargaining?}}}, volume = {{78}}, year = {{2022}}, } @article{25042, author = {{Mutschmann, Martin and Hasso, Tim and Pelster, Matthias}}, journal = {{Journal of Business Ethics}}, title = {{{Dark triad managerial personality and financial reporting manipulation}}}, doi = {{10.1007/s10551-021-04959-1}}, year = {{2021}}, } @techreport{29057, author = {{Eberbach, Jelena and Sureth-Sloane, Caren and Uhrig-Homburg, Marliese}}, publisher = {{Working Paper}}, title = {{{Option Implied Tax Rate Expectations}}}, year = {{2021}}, }