@article{46471, author = {{Unterstell, Rembert}}, journal = {{german research – Magazine of the Deutsche Forschungsgemeinschaft}}, number = {{1}}, pages = {{8--11}}, title = {{{„Allowing the Economy to Breathe Even During the Crisis“ – Interview with Tax Expert Caren Sureth-Sloane}}}, year = {{2023}}, } @article{37562, abstract = {{Der Verein für Socialpolitik hat zur Bearbeitung seines Schwerpunktthemas „Nachwuchs“ für die Dauer der Kalenderjahre 2021-2022 eine Arbeitsgruppe eingerichtet – im Folgenden: AG Nachwuchs –, deren Aufgabe das Vorlegen eines umfassenden Berichts zur Situation der VWL-Promovierenden und -PostDocs im DACH-Raum ist. Gestützt auf Datenerhebungen und strukturierte Interviews formuliert die AG Nachwuchs in diesem Bericht zwei Empfehlungen, jeweils eine für den Doc- und den PostDoc-Bereich. Sie empfiehlt im PostDoc-Bereich, dass die Fakultäten bzw. verwandte VWL-Einrichtungen den Übergang zu Tenure-Track beschleunigen und ihn durch eine systematische Planung der Zahlenverhältnisse zwischen den Karrierestufen bei ihrem wissenschaftlichen Personal begleiten. Dadurch sollen bessere Karriereperspektiven erreicht werden. Sowohl die befragten Nachwuchskräfte als auch die befragten Professor:innen und Programmleitungen betonen die Thematik der Stellenperspektiven stark. Im Doc-Bereich dokumentieren die Erhebungsdaten eine überraschend geringe Zufriedenheit der VWL-Promovierenden mit der Betreuungssituation durch die Professorenschaft. Die AG Nachwuchs empfiehlt daher eine höhere Betreuungsdichte und eine stärkere Vernetzung von Promovierenden. Weitere Hilfestellungen für Promovierende können in Mehrfach- oder Teambetreuungen sowie in der Bereitstellung von Informationen über die Vielfalt möglicher Karrierewege bestehen.}}, author = {{Bayer, Christian and Englmaier, Florian and Riphahn, Regina and Schmidt-Dengler, Philipp and Sondergeld, Virgina and Sureth-Sloane, Caren and von Wangenheim, Jonas and Weizsäcker, Georg}}, journal = {{Perspektiven der Wirtschaftspolitik}}, number = {{1}}, pages = {{63 -- 84}}, title = {{{Beste Bedingungen für junge Ökonominnen und Ökonomen? Neue Daten und Empfehlungen der Arbeitsgruppe 'Nachwuchs' im Verein für Socialpolitik}}}, doi = {{10.1515/pwp-2023-0002}}, volume = {{24}}, year = {{2023}}, } @article{49548, author = {{Maiterth, Ralf and Sureth-Sloane, Caren and Dyck, Daniel and Heinemann-Heile, Vanessa}}, journal = {{Schmalenbach IMPULSE}}, number = {{2}}, pages = {{1 -- 6}}, title = {{{GBP-Monitor Q3/2023: Das Wachstumschancengesetz – ein Investitionsimpuls?}}}, doi = {{10.54585/BCGK4022}}, volume = {{3}}, year = {{2023}}, } @article{62736, author = {{Bornemann, Tobias and Baumüller, Josef}}, journal = {{Praxis der Internationalen Rechnungslegung}}, number = {{5}}, pages = {{171--176}}, title = {{{Verschwiegenheitspflichten in der GRI-Nachhaltigkeitsberichterstattung}}}, volume = {{19}}, year = {{2023}}, } @techreport{49295, author = {{Heinemann-Heile, Vanessa and Maiterth, Ralf and Sureth-Sloane, Caren}}, title = {{{Umfrage: Beurteilung Investitionsfördernder Maßnahmen durch Unternehmen aus Handel, Dienstleistung und Industrie}}}, doi = {{doi.org/10.52569/JCNY6589}}, year = {{2023}}, } @techreport{48979, author = {{Maiterth, Ralf and Sureth-Sloane, Caren and Dyck, Daniel and Heinemann-Heile, Vanessa}}, publisher = {{TRR 266 Accounting for Transparency}}, title = {{{GBP-Monitor: Betriebswirtschaftliche Einschätzungen und Erwartungen von Unternehmen in Deutschland. Unternehmenstrends im November 2023}}}, doi = {{10.52569/DURP4114}}, year = {{2023}}, } @techreport{49092, author = {{Amberger, Harald and Siahaan, Fernando and Sureth-Sloane, Caren}}, title = {{{The Cost of Tax Simplification: Evidence from Risk-taking in a Turnover-based Corporate Tax System}}}, doi = {{10.2139/ssrn.4589055}}, year = {{2023}}, } @techreport{49293, author = {{Heinemann-Heile, Vanessa and Maiterth, Ralf and Sureth-Sloane, Caren}}, title = {{{Umfrage: Beurteilung Investitionsfördernder Maßnahmen durch Unternehmen im Handwerk}}}, doi = {{10.52569/URLT9672}}, year = {{2023}}, } @techreport{49549, author = {{Harst, Simon and Schanz, Deborah and Siegel, Felix and Sureth-Sloane, Caren}}, publisher = {{TRR 266 Accounting for Transparency}}, title = {{{2022 Global MNC Tax Complexity Survey}}}, doi = {{10.52569/VKAO7696}}, year = {{2023}}, } @article{29050, abstract = {{This study examines GAAP effective tax rate (ETR) visibility as a distinct disclosure choice in firms’ financial statements. By applying a game-theory disclosure model for the voluntary disclosure strategies of firms, in a tax setting, we argue that firms face a trade-off in their ETR disclosure decisions. On the one hand, firms have an incentive to enhance their ETR disclosure when the ratio offers shareholders ‘favourable conditions’, for example, higher expected after-tax cash flows. On the other hand, the disclosure of a favourable low ETR could attract the attention of tax auditors and the public and ultimately result in disclosure costs. We empirically test disclosure behaviour by examining the relation between disclosure visibility and different ETR conditions that reflect different stakeholder-specific costs and benefits. While we find that unfavourable ETR conditions are not highlighted, we observe higher disclosure visibility for favourable ETRs (smooth, close to the industry average, and decreasing ETRs). Additional analyses reveal that this high visibility is characteristic of firm years with only moderately decreasing ETRs at usual ETR levels, while extreme ETRs are not highlighted. Interestingly and in contrast to our main results, a subsample of family firms does not seem to highlight favourable ETRs.}}, author = {{Flagmeier, Vanessa and Müller, Jens and Sureth-Sloane, Caren}}, journal = {{Accounting and Business Research}}, number = {{1}}, pages = {{1--37}}, title = {{{When Do Firms Highlight Their Effective Tax Rate?}}}, doi = {{10.1080/00014788.2021.1958669}}, volume = {{53}}, year = {{2023}}, } @article{46043, author = {{Unterstell, Rembert}}, journal = {{forschung - Das Magazin der Deutschen Forschungsgemeinschaft}}, number = {{1}}, pages = {{6--9}}, publisher = {{DFG}}, title = {{{Der Wirtschaft auch in der Krise das Atmen erlauben, Pandemie und Ökonomie – Interview mit Steuerexpertin Caren Sureth-Sloane}}}, year = {{2023}}, } @article{62734, author = {{Bornemann, Tobias and Kelley, Stacie and Osswald, Benjamin}}, journal = {{Journal of the American Taxation Association}}, number = {{2}}, pages = {{1--28}}, title = {{{The Effect of Intellectual Property Boxes on Innovative Activity and Tax Benefits}}}, doi = {{10.2308/JATA-2021-013}}, volume = {{45}}, year = {{2023}}, } @article{62735, author = {{Bornemann, Tobias and Jacob, Martin and Sailer, Mariana}}, journal = {{The Accounting Review}}, number = {{2}}, pages = {{31--58}}, title = {{{Do Corporate Taxes Affect Executive Compensation?}}}, doi = {{10.2308/TAR-2019-0567}}, volume = {{98}}, year = {{2023}}, } @article{46042, author = {{Koch, Reinald and Holtmann, Svea and Giese, Henning}}, issn = {{0044-2372}}, journal = {{Journal of Business Economics}}, number = {{1-2}}, pages = {{59--109}}, publisher = {{Springer Science and Business Media LLC}}, title = {{{Losses Never Sleep – The Effect of Tax Loss Offset on Stock Market Returns during Economic Crises}}}, doi = {{10.1007/s11573-022-01134-4}}, volume = {{93}}, year = {{2023}}, } @article{42897, author = {{Fochmann, Martin and Heinemann-Heile, Vanessa and Huber, Hans-Peter and Maiterth, Ralf and Sureth-Sloane, Caren}}, journal = {{Steuer und Wirtschaft}}, number = {{2}}, pages = {{171--187}}, title = {{{Zusatzkosten der Besteuerung – Eine Analyse des steuerlichen Verwaltungsaufwands und der subjektiv wahrgenommenen Steuerbelastung}}}, volume = {{100}}, year = {{2023}}, } @article{42635, author = {{Greil, Stefan and Overesch, Michael and Rohlfing-Bastian, Anna and Schreiber, Ulrich and Sureth-Sloane, Caren}}, journal = {{Intertax}}, number = {{4}}, pages = {{272--289}}, title = {{{Towards an Amended Arm´s Length Principle - Tackling Complexity and Implementing Destination Rules in Transfer Pricing}}}, volume = {{51}}, year = {{2023}}, } @article{25041, author = {{Pelster, Matthias and Schaltegger, Stefan}}, journal = {{Business Ethics, the Environment & Responsibility}}, number = {{1}}, pages = {{80--99}}, title = {{{The dark triad and corporate sustainability: An empirical analysis of personality traits of middle managers}}}, doi = {{10.1111/beer.12398}}, volume = {{ 31}}, year = {{2022}}, } @article{13147, abstract = {{Employing a unique and hand-collected sample of 648 true sale loan securitization transactions issued by 57 stock-listed banks across the EU-12 plus Switzerland over the period from 1997 to 2010, this paper empirically analyzes the relationship between true sale loan securitization and the issuing banks’ non-performing loans to total assets ratios. Overall, we provide evidence for a negative impact of securitization on NPL exposures suggesting that banks predominantly used securitization as an instrument of credit risk transfer and diversification. In addition, the analysis at hand reveals a time-sensitive relationship between securitization and NPL exposures. While we observe an even stronger NPL-reducing effect through securitization during the non-crisis periods, the effect reverses during and after the global financial crisis suggesting that banks were forced to provide credit enhancement and employ securitization as a funding management tool. Along with the results from a variety of sensitivity analyses our study provides important implications for the recent debate on reducing NPL exposures of European banks by revitalizing the European securitization market.}}, author = {{Wengerek, Sascha Tobias and Hippert, Benjamin and Uhde, André}}, journal = {{The Quarterly Review of Economics and Finance}}, keywords = {{European Banking, Non-performing Loans, Securitization}}, pages = {{48--64}}, publisher = {{Elsevier}}, title = {{{Risk allocation through securitization – Evidence from non-performing loans}}}, doi = {{https://doi.org/10.1016/j.qref.2022.06.005}}, volume = {{Vol. 86 (11)}}, year = {{2022}}, } @article{21571, abstract = {{The paper investigates the impact of individual attention on investor risk-taking. We analyze a large sample of trading records from a brokerage service that allows its customers to trade contracts-for-differences (CFD), and sends standardized push messages on recent stock performance to its client investors. The advantage of this sample is that it allows us to isolate the "push" messages as individual attention triggers, which we can directly link to the same individuals' risk-taking. A particular advantage of CFD trading is that it allows investors to make use of leverage, which provides us a pure measure of investors' willingness to take risks that is independent of the decision to purchase a particular stock. Leverage is a major catalyst of speculative trading, as it increases the scope of extreme returns, and enables investors to take larger positions than what they can afford with their own capital. We show that investors execute attention-driven trades with higher leverage, compared to their other trades, as well as those of other investors who are not alerted by attention triggers.}}, author = {{Arnold, Marc and Pelster, Matthias and Subrahmanyam, Marti G.}}, journal = {{Journal of Financial Economics}}, number = {{2}}, pages = {{ 846--875}}, title = {{{Attention triggers and investors' risk-taking}}}, doi = {{10.1016/j.jfineco.2021.05.031}}, volume = {{143}}, year = {{2022}}, } @article{35719, author = {{Kengelbach, Jens and Keienburg, Georg and Söllner, Tobias and Wang, Yiran and Sievers, Sönke and Friedmann, Daniel and Nielsen, Jesper}}, journal = {{BCG M&A Report 2022}}, title = {{{Green Deals Gain Steam }}}, year = {{2022}}, }