@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}}, } @article{4873, abstract = {{Banks face a 'behavioralization' of their balance sheets since deposit funding increasingly consists of non-maturing deposits with uncertain cash flows exposing banks to asset liability (ALM) risk. Thus, this study examines the behavior of banks’ retail customers regarding non-maturing deposits. Our unique sample comprises the contract and cash flow data for 2.2 million individual contracts from 1991 to 2010. We find that contractual rewards, i.e., qualified interest payments, and government subsidies, effectively stabilize saving behavior and thus bank funding. The probability of an early deposit withdrawal decreases by approximately 40%, and cash flow volatility drops by about 25%. Our findings provide important insights for banks using pricing incentives to steer desired saving patterns for their non-maturing deposit portfolios. Finally, these results are informative regarding the bank liquidity regulations (Basel III) concerning the stability of deposits and the minimum requirements for risk management (European Commission DIRECTIVE 2006/48/EC). }}, author = {{Schlueter, Tobias and Sievers, Sönke and Hartmann-Wendels, Thomas}}, journal = {{Journal of Banking & Finance (VHB-JOURQUAL 4 Ranking A)}}, keywords = {{retail saving behavior, non-maturing deposits, deposit funding, contractual rewards, interest rate bonus, saving persistence, cash flow volatility}}, pages = {{43--61}}, title = {{{Bank funding stability, pricing strategies and the guidance of depositors}}}, doi = {{10.2139/ssrn.2001449}}, volume = {{51}}, year = {{2015}}, } @article{4756, author = {{Oßwald, Benjamin and Sureth-Sloane, Caren}}, journal = {{Steuer und Wirtschaft International}}, number = {{10}}, pages = {{478--486}}, title = {{{Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?}}}, volume = {{25}}, 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/s11142-015-9325-z}}, volume = {{20}}, 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{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}}, } @article{47906, abstract = {{Purpose– In this viewpoint, the authors aim to discuss sustainability issues in university education. Balancing what we call the “Accounting View” and the “Sustainability View”, the authors illuminate the status of value relevance of sustainability information and question the depth of business students' processing of this information.Design/methodology/approach– The discussion was triggered by an experimental study on sustainability disclosure which revealed interesting findings related to the participating students' prior sustainability and accounting coursework. The authors start the viewpoint from these findings and contrast them with existing views on sustainability and accounting (education).Findings– The amount of accounting coursework was positively related to the probability of including sustainability information in future stock value estimates, whereas this applied only marginally to sustainability coursework. However, students with more sophisticated sustainability knowledge seemed to scrutinize the given sustainability information more deeply, while students with “pure” accounting knowledge seemed more willing to simply accept the information.Practical implications– The authors argue for advancements in the curriculum for business students that foster critical thinking and might prevent students (and thus potential future managers) from using sustainability information superficially. The authors caution against regarding sustainability issues as an “add-on” to existing courses and curricula and call for a combination of integrating sustainability issues in (core) business courses and offering standalone courses on sustainability management or CSR.Originality/value– Triggered by findings from an experimental study, the authors contrast different opinions on sustainability education of business students and offer a new viewpoint on the (supposed) value relevance of sustainability information for future business leaders.}}, author = {{Hahn, Rüdiger and Reimsbach, Daniel}}, issn = {{2041-2568}}, journal = {{Journal of Global Responsibility}}, keywords = {{Business and International Management}}, number = {{1}}, pages = {{55--67}}, publisher = {{Emerald}}, title = {{{Are we on track with sustainability literacy?}}}, doi = {{10.1108/jgr-12-2013-0016}}, volume = {{5}}, year = {{2014}}, }