@techreport{2254, abstract = {{Die (Wieder-)Einführung einer Vermögensteuer ist in den vergangenen Jahren erneut in den Fokus der politischen Diskussion gerückt. Der vorliegende Beitrag vermittelt einen Eindruck von den Belastungswirkungen, die aus der Umsetzung von aktuell vorliegenden Besteuerungskonzepten resultieren würden. Auf der Basis von realen Jahresabschlussdaten wird eine mehrperiodige Veranlagungssimulation durchgeführt, die insbesondere ermöglicht, den zu erwartenden Eigenkapitalverzehr sowie den Anstieg der Steuerbelastung für die betrachtete Unternehmensgruppe zu quantifizieren. Von besonderem Interesse sind hierbei Unternehmen deren laufende Erträge nicht ausreichen, um die Belastungen durch die Vermögensteuer zu tragen und damit einem Substanzverzehr ausgesetzt sind. Es zeigt sich, dass etwa die Hälfte der Unternehmen im Untersuchungszeitraum von sechs Jahren in mindestens einem Jahr einen Substanzverzehr erfährt. Der Vermögensteuer kommt somit keinesfalls der vielfach postulierte Charakter einer eher mäßig belastenden und im Wesentlichen substanzverschonenden Steuer zu. Zusatzbelastungen von knapp 100 bis zu 300% der Ertragsteuerlast sind keine Seltenheit und veranschaulichen das Gefährdungspotenzial dieser Steuer für den Wirtschaftsstandort Deutschland.}}, author = {{Hoppe, Thomas and Maiterth, Ralf and Sureth-Sloane, Caren}}, issn = {{1556-5068}}, keywords = {{Steuerbelastung, Substanzbesteuerung, ungleiche Vermögensverteilung, Veranlagungssimulation, Vermögensteuer}}, pages = {{45}}, title = {{{Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse}}}, doi = {{10.2139/ssrn.2548398}}, year = {{2015}}, } @article{4035, abstract = {{We examine whether the mandated introduction of International Financial Reporting Standards (IFRS) is associated with the propensity to access the public rather than private debt market and the cost of debt. We use a global sample of public bonds and private loans and find that mandatory IFRS adopters are more likely, post-IFRS, to issue bonds than to borrow privately. We also find that mandatory IFRS adopters pay lower bond yield spreads, but not lower loan spreads, after the mandate. These findings are consistent with debt providers responding positively to financial reporting of higher quality and comparability, but only when there is a greater reliance on publicly available financial statements than private communication. Lastly, we document that the observed debt market benefits are concentrated in countries with larger differences between domestic GAAP and IFRS and are present even for EU countries that did not experience concurrent financial reporting enforcement or other institutional reforms. Overall, our study documents positive economic consequences around the mandated IFRS adoption for corporate debt financing and, in particular, for bond financing.}}, author = {{Florou, Annita and Kosi, Urska}}, issn = {{1573-7136}}, journal = {{Review of Accounting Studies}}, keywords = {{Accounting regulation, IFRS, Accounting quality, Public and private debt markets, Cost of debt}}, number = {{4}}, pages = {{1407--1456}}, title = {{{Does mandatory IFRS adoption facilitate debt financing?}}}, doi = {{10.1007/s11142}}, volume = {{20}}, year = {{2015}}, } @article{4747, author = {{Ortmann, Regina}}, journal = {{Die Betriebswirtschaft}}, number = {{3}}, pages = {{161--177}}, title = {{{Uncertainty in Weighting Formulary Apportionment Factors}}}, volume = {{75}}, year = {{2015}}, } @article{46057, author = {{Ortmann, Regina}}, journal = {{Die Betriebswirtschaft}}, number = {{3}}, pages = {{161--177}}, title = {{{Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?}}}, volume = {{75}}, year = {{2015}}, } @article{46058, author = {{Diller, Markus and Grottke, Markus and Lorenz, Johannes}}, journal = {{Wirtschaftswissenschaftliches Studium (WiSt)}}, number = {{11}}, pages = {{606--641}}, title = {{{Investitionsneutrale Besteuerung des ökonomischen Gewinns: ein Abriss jüngerer Forschungsbeiträge}}}, volume = {{44}}, year = {{2015}}, } @article{46056, author = {{Diller, Markus and Lorenz, Johannes}}, journal = {{FinanzArchiv / Public Finance Analysis}}, number = {{4}}, pages = {{506--530}}, title = {{{Tax Aggressiveness of Taxpayers with Heterogenous Income and Uncertainty about Taxable Income}}}, volume = {{71}}, year = {{2015}}, } @inbook{50379, author = {{Ortgiese, Malte}}, booktitle = {{Ausgewählte Probleme des Logistikmanagements}}, editor = {{Betz, Stefan}}, isbn = {{978-3-8300-7958-3}}, pages = {{91--108}}, publisher = {{Dr. Kovac}}, title = {{{Klassenspezifische und zeitraumbezogene Logistikmengenprognose}}}, volume = {{52}}, year = {{2015}}, } @inbook{2614, author = {{Betz, Stefan}}, booktitle = {{Logistikorientiertes Produktionsmanagement}}, editor = {{Mieke, Christian}}, pages = {{117--144}}, title = {{{Outsourcing von Lagerdienstleistungen als operatives Entscheidungsproblem}}}, year = {{2014}}, } @book{3389, abstract = {{Dieses Lehr- und Arbeitsbuch präsentiert Ihnen die wichtigsten Grundlagen der Unternehmensfinanzierung auf dem neuesten fachlichen Stand. Der perfekte Einstieg in ein zentrales finanzwirtschaftliches Fach- und Praxisgebiet – mit vielen Beispielen und Übungen. }}, author = {{Gräfer, Horst and Schiller, Bettina and Rösner, Sabrina}}, isbn = {{978-3-503-15666-5}}, keywords = {{Management, Wirtschaft}}, pages = {{405}}, publisher = {{Erich Schmidt Verlag}}, title = {{{Finanzierung - Grundlagen, Institutionen, Instrumente und Kapitalmarkttheorie}}}, volume = {{8}}, year = {{2014}}, } @article{3699, abstract = {{When taxes on capital or wealth are levied, in most countries companies have to be assessed in terms of their market value (MV). Estimating the MV of private companies for tax purposes is a challenging task for tax authorities as MVs are not available. In this study, I empirically analyse to what extent an accounting-based tax valuation method for private companies, a simplified residual income model, succeeds in matching the MV. I refer to the mandatory Standardised Combination Model that is a special case of methods commonly used in several countries. In the absence of market prices for private companies, I use a sample of small German public companies as a proxy. I validate this approach using a sensitivity analysis that involves matching the sample of public companies with that of private companies. The results imply that the mandatory Standardised Combination Model leads to a severe unequal treatment not only between public and private companies but also among private companies across and within industries. Furthermore, I simulate the effects of variation in the key parameters and highlight their impact on the approximation quality of the Standardised Combination Method. The findings are relevant to tax reform discussions as well as to tax policy-makers and practitioners in many countries.}}, author = {{Müller, Jens}}, journal = {{European Accounting Review}}, keywords = {{Challenge of Assessing, Tax Purposes}}, number = {{1}}, pages = {{117----141}}, title = {{{The challenge of assessing the market value of private companies using a standardised combination method for tax purposes--Lessons to be learnt from past experience}}}, year = {{2014}}, } @techreport{4750, author = {{Ortmann, Regina and Sureth-Sloane, Caren}}, title = {{{Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?}}}, volume = {{165}}, year = {{2014}}, } @misc{4760, author = {{Sureth-Sloane, Caren}}, booktitle = {{Frankfurter Allgemeine Zeitung}}, pages = {{16}}, title = {{{Der Wandel wird zur Daueraufgabe}}}, volume = {{202}}, year = {{2014}}, } @inbook{5027, author = {{Sureth-Sloane, Caren}}, booktitle = {{Wirtschaftspädagogische Handlungsfelder}}, editor = {{Braukmann, Ulrich and Kremer, Bernadette and Kremer, H.-Hugo}}, publisher = {{Eusl Verlag}}, title = {{{Vermögensteuer als Beitrag der Wohlhabenden für mehr Gleichheit - eine wirtschaftswissenschaftliche Betrachtung eines Steuerreformvorschlags}}}, year = {{2014}}, } @phdthesis{5030, author = {{Kortebusch, Pia}}, publisher = {{Universität Paderborn}}, title = {{{Zur Attraktivität von Advance Tax Rulings (ATRs) und Advance Pricing Agreements (APAs) für Investoren und Steuerbehörden: The Attractiveness of Advance Tax Rulings (ATRs) and Advance Pricing Agreements(APAs) for Investors and Tax Authorities}}}, year = {{2014}}, } @techreport{5033, author = {{Kortebusch, Pia}}, title = {{{Should Multinational Companies Request an Advance Pricing Agreement (APA) - Or Shouldn't They?}}}, volume = {{173}}, year = {{2014}}, } @techreport{5037, author = {{Diller, Markus and Kortebusch, Pia and Schneider, Georg and Sureth-Sloane, Caren}}, title = {{{Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and do tax authorities provide them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior}}}, volume = {{167}}, year = {{2014}}, } @techreport{5040, author = {{Diller, Markus and Kortebusch, Pia and Schneider, Georg and Sureth-Sloane, Caren}}, title = {{{Boon or Bane? Advance Tax Rulings As a Measure to Mitigate Tax Uncertainty and Foster Investment}}}, volume = {{187}}, year = {{2014}}, } @techreport{5333, abstract = {{When taxes on capital or wealth are levied, in most countries companies have to be assessed in terms of their market value (MV). Estimating the MV of private companies for tax purposes is a challenging task for tax authorities as MVs are not available. In this study, I empirically analyse to what extent an accounting-based tax valuation method for private companies, a simplified residual income model, succeeds in matching the MV. I refer to the mandatory Standardised Combination Model that is a special case of methods commonly used in several countries. In the absence of market prices for private companies, I use a sample of small German public companies as a proxy. I validate this approach using a sensitivity analysis that involves matching the sample of public companies with that of private companies. The results imply that the mandatory Standardised Combination Model leads to a severe unequal treatment not only between public and private companies but also among private companies across and within industries. Furthermore, I simulate the effects of variation in the key parameters and highlight their impact on the approximation quality of the Standardised Combination Method. The findings are relevant to tax reform discussions as well as to tax policy-makers and practitioners in many countries. }}, author = {{Müller, Jens}}, pages = {{117--141(25)}}, publisher = {{Routledge, part of the Taylor & Francis Group}}, title = {{{The Challenge of Assessing the Market Value of Private Companies Using a Standardized Combination Method for Tax Purposes – Lessons to be Learned from Past Experience}}}, doi = {{10.1080/09638180.2012.746528}}, volume = {{Volume 23, Number 1}}, year = {{2014}}, } @article{14918, author = {{Maßbaum, Alexandra and Sureth-Sloane, Caren}}, issn = {{2198-3402}}, journal = {{Business Research}}, number = {{2}}, pages = {{147--169}}, title = {{{Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions}}}, doi = {{10.1007/bf03342708}}, volume = {{2}}, year = {{2014}}, } @article{23413, author = {{Bischof, Jannis and Ebert, Michael}}, issn = {{1439-2917}}, journal = {{Schmalenbach Business Review}}, pages = {{276--308}}, title = {{{IFRS 7 Disclosures and Risk Perception of Financial Instruments}}}, doi = {{10.1007/bf03396908}}, volume = {{66}}, year = {{2014}}, }