[{"urn":"14524","abstract":[{"text":"Opinion leaders of an investment network can have a significant impact on capital mar-kets because their investment decisions are adopted by their peers and trigger large trad-ing cascades, increasing herding behavior and comovement among stock returns. This paper analyzes the interaction-based relations of traders from a large social trading plat-form and identifies the driving forces and the opinion leaders within a large online trading network as the nodes with the highest centrality and the highest force of infection, respec-tively. Relying on recent insights from epidemiological research, I maintain that central-ity identifies the most central traders in the network, while the expected force quantifies the most influential traders and their spreading power. I study the behavior and charac-teristics that set central and influential traders apart from other traders. The ability to identify focal points and their trading behavior within a trading network is important for investors, investment advisers, and policy makers.","lang":"eng"}],"status":"public","publication":"Proceedings of the International Conference on Information Systems","type":"journal_article","keyword":["Online trading","investment advice","network modeling","Expected Force","herding."],"article_type":"original","language":[{"iso":"eng"}],"_id":"1452","department":[{"_id":"186"},{"_id":"578"}],"user_id":"67265","year":"2017","citation":{"chicago":"Pelster, Matthias. “I’ll Have What S/He’s Having: A Case Study of a Social Trading Network.” <i>Proceedings of the International Conference on Information Systems</i>, 2017.","ieee":"M. Pelster, “I’ll Have What S/he’s Having: A Case Study of a Social Trading Network,” <i>Proceedings of the International Conference on Information Systems</i>, 2017.","ama":"Pelster M. I’ll Have What S/he’s Having: A Case Study of a Social Trading Network. <i>Proceedings of the International Conference on Information Systems</i>. 2017.","bibtex":"@article{Pelster_2017, title={I’ll Have What S/he’s Having: A Case Study of a Social Trading Network}, journal={Proceedings of the International Conference on Information Systems}, author={Pelster, Matthias}, year={2017} }","short":"M. Pelster, Proceedings of the International Conference on Information Systems (2017).","mla":"Pelster, Matthias. “I’ll Have What S/He’s Having: A Case Study of a Social Trading Network.” <i>Proceedings of the International Conference on Information Systems</i>, 2017.","apa":"Pelster, M. (2017). I’ll Have What S/he’s Having: A Case Study of a Social Trading Network. <i>Proceedings of the International Conference on Information Systems</i>."},"publication_status":"published","title":"I’ll Have What S/he’s Having: A Case Study of a Social Trading Network","date_updated":"2022-01-06T06:52:00Z","author":[{"orcid":" https://orcid.org/0000-0001-5740-2420","last_name":"Pelster","full_name":"Pelster, Matthias","id":"67265","first_name":"Matthias"}],"date_created":"2018-03-20T11:34:47Z"},{"edition":"1","publication_status":"published","publication_identifier":{"isbn":[" 978-3-7910-3086-9"]},"citation":{"apa":"Paul, S., Horsch, A., Kaltofen, D., Uhde, A., &#38; Weiß, G. (2017). <i>Unternehmerische Finanzierungspolitik</i> (1st ed., Vol. 1). Schäffer Poeschel.","short":"S. Paul, A. Horsch, D. Kaltofen, A. Uhde, G. Weiß, Unternehmerische Finanzierungspolitik, 1st ed., Schäffer Poeschel, 2017.","mla":"Paul, Stephan, et al. <i>Unternehmerische Finanzierungspolitik</i>. 1st ed., vol. 1, Schäffer Poeschel, 2017.","bibtex":"@book{Paul_Horsch_Kaltofen_Uhde_Weiß_2017, edition={1}, series={Eine wertorientierte Einführung}, title={Unternehmerische Finanzierungspolitik}, volume={1}, publisher={Schäffer Poeschel}, author={Paul, Stephan and Horsch, Andreas and Kaltofen, Daniel and Uhde, André and Weiß, Gregor}, year={2017}, collection={Eine wertorientierte Einführung} }","ieee":"S. Paul, A. Horsch, D. Kaltofen, A. Uhde, and G. Weiß, <i>Unternehmerische Finanzierungspolitik</i>, 1st ed., vol. 1. Schäffer Poeschel, 2017.","chicago":"Paul, Stephan, Andreas Horsch, Daniel Kaltofen, André Uhde, and Gregor Weiß. <i>Unternehmerische Finanzierungspolitik</i>. 1st ed. Vol. 1. Eine wertorientierte Einführung. Schäffer Poeschel, 2017.","ama":"Paul S, Horsch A, Kaltofen D, Uhde A, Weiß G. <i>Unternehmerische Finanzierungspolitik</i>. Vol 1. 1st ed. Schäffer Poeschel; 2017."},"page":"760","intvolume":"         1","year":"2017","date_created":"2018-06-27T12:30:27Z","author":[{"last_name":"Paul","full_name":"Paul, Stephan","first_name":"Stephan"},{"first_name":"Andreas","full_name":"Horsch, Andreas","last_name":"Horsch"},{"first_name":"Daniel","full_name":"Kaltofen, Daniel","last_name":"Kaltofen"},{"last_name":"Uhde","orcid":"https://orcid.org/0000-0002-8058-8857","full_name":"Uhde, André","id":"36049","first_name":"André"},{"last_name":"Weiß","full_name":"Weiß, Gregor","first_name":"Gregor"}],"volume":1,"date_updated":"2023-01-10T09:38:15Z","publisher":"Schäffer Poeschel","title":"Unternehmerische Finanzierungspolitik","type":"book","status":"public","abstract":[{"text":"Nach der Finanzkrise sind die Modellwelten der Finanzierungstheorie, vor allem diejenigen, die auf vollkommenen Märkten spielen, nicht mehr zeitgemäß. Heute muss die Lehre zu Theorie und Praxis der Finanzierungspolitik beide Sphären miteinander verbinden - wie es das Konzept dieses neuen Lehrbuchs verfolgt: Aus der strategischen Sicht des Finanzleiters werden die zentralen Themen der unternehmerischen Finanzierungspolitik aufgezeigt:\r\nInvestitionsrechnung, Nutzung von Finanzmärkten, -intermediären und -instrumenten, Finanzielles Risikomanagement, Finanzkommunikation, Gestaltung von Unternehmensstruktur und -kontrolle.\r\n\r\nMit vielen Anwendungsbeispielen und Einblicken in die Praxis.","lang":"ger"}],"user_id":"21810","series_title":"Eine wertorientierte Einführung","department":[{"_id":"186"},{"_id":"188"}],"_id":"3378","language":[{"iso":"ger"}],"keyword":["Investitionsrechnung","finanzielles Risikomanagement","Finanzkommunikation"]},{"language":[{"iso":"eng"}],"keyword":["Business","Management and Accounting (miscellaneous)","Accounting","Business and International Management","Economics","Econometrics and Finance (miscellaneous)","Economics and Econometrics","Finance"],"publication":"European Accounting Review","date_created":"2023-10-10T09:19:32Z","publisher":"Informa UK Limited","title":"Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing","issue":"3","year":"2017","user_id":"21810","department":[{"_id":"186"},{"_id":"815"}],"_id":"47913","article_type":"original","type":"journal_article","status":"public","author":[{"id":"100169","full_name":"Reimsbach, Daniel","last_name":"Reimsbach","first_name":"Daniel"},{"first_name":"Rüdiger","full_name":"Hahn, Rüdiger","last_name":"Hahn"},{"last_name":"Gürtürk","full_name":"Gürtürk, Anil","first_name":"Anil"}],"volume":27,"date_updated":"2023-10-30T11:36:28Z","doi":"10.1080/09638180.2016.1273787","publication_status":"published","publication_identifier":{"issn":["0963-8180","1468-4497"]},"citation":{"ama":"Reimsbach D, Hahn R, Gürtürk A. Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing. <i>European Accounting Review</i>. 2017;27(3):559-581. doi:<a href=\"https://doi.org/10.1080/09638180.2016.1273787\">10.1080/09638180.2016.1273787</a>","ieee":"D. Reimsbach, R. Hahn, and A. Gürtürk, “Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing,” <i>European Accounting Review</i>, vol. 27, no. 3, pp. 559–581, 2017, doi: <a href=\"https://doi.org/10.1080/09638180.2016.1273787\">10.1080/09638180.2016.1273787</a>.","chicago":"Reimsbach, Daniel, Rüdiger Hahn, and Anil Gürtürk. “Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing.” <i>European Accounting Review</i> 27, no. 3 (2017): 559–81. <a href=\"https://doi.org/10.1080/09638180.2016.1273787\">https://doi.org/10.1080/09638180.2016.1273787</a>.","apa":"Reimsbach, D., Hahn, R., &#38; Gürtürk, A. (2017). Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing. <i>European Accounting Review</i>, <i>27</i>(3), 559–581. <a href=\"https://doi.org/10.1080/09638180.2016.1273787\">https://doi.org/10.1080/09638180.2016.1273787</a>","short":"D. Reimsbach, R. Hahn, A. Gürtürk, European Accounting Review 27 (2017) 559–581.","bibtex":"@article{Reimsbach_Hahn_Gürtürk_2017, title={Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing}, volume={27}, DOI={<a href=\"https://doi.org/10.1080/09638180.2016.1273787\">10.1080/09638180.2016.1273787</a>}, number={3}, journal={European Accounting Review}, publisher={Informa UK Limited}, author={Reimsbach, Daniel and Hahn, Rüdiger and Gürtürk, Anil}, year={2017}, pages={559–581} }","mla":"Reimsbach, Daniel, et al. “Integrated Reporting and Assurance of Sustainability Information: An Experimental Study on Professional Investors’ Information Processing.” <i>European Accounting Review</i>, vol. 27, no. 3, Informa UK Limited, 2017, pp. 559–81, doi:<a href=\"https://doi.org/10.1080/09638180.2016.1273787\">10.1080/09638180.2016.1273787</a>."},"intvolume":"        27","page":"559-581"},{"title":"Discretionary aggregation","date_updated":"2023-12-18T13:30:51Z","date_created":"2018-10-18T10:51:56Z","author":[{"first_name":"Michael","id":"42419","full_name":"Ebert, Michael","last_name":"Ebert"},{"first_name":"Dirk","full_name":"Simons, Dirk","last_name":"Simons"},{"first_name":"Jack D","last_name":"Stecher","full_name":"Stecher, Jack D"}],"volume":92,"year":"2017","citation":{"ama":"Ebert M, Simons D, Stecher JD. Discretionary aggregation. <i>The Accounting Review</i>. 2017;92(1):73--91.","chicago":"Ebert, Michael, Dirk Simons, and Jack D Stecher. “Discretionary Aggregation.” <i>The Accounting Review</i> 92, no. 1 (2017): 73--91.","ieee":"M. Ebert, D. Simons, and J. D. Stecher, “Discretionary aggregation,” <i>The Accounting Review</i>, vol. 92, no. 1, pp. 73--91, 2017.","short":"M. Ebert, D. Simons, J.D. Stecher, The Accounting Review 92 (2017) 73--91.","mla":"Ebert, Michael, et al. “Discretionary Aggregation.” <i>The Accounting Review</i>, vol. 92, no. 1, 2017, pp. 73--91.","bibtex":"@article{Ebert_Simons_Stecher_2017, title={Discretionary aggregation}, volume={92}, number={1}, journal={The Accounting Review}, author={Ebert, Michael and Simons, Dirk and Stecher, Jack D}, year={2017}, pages={73--91} }","apa":"Ebert, M., Simons, D., &#38; Stecher, J. D. (2017). Discretionary aggregation. <i>The Accounting Review</i>, <i>92</i>(1), 73--91."},"intvolume":"        92","page":"73--91","publication_status":"published","issue":"1","article_type":"original","language":[{"iso":"eng"}],"_id":"4774","user_id":"42419","department":[{"_id":"190"},{"_id":"186"},{"_id":"635"}],"status":"public","type":"journal_article","publication":"The Accounting Review"},{"citation":{"ama":"Hrnjadovic D. Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse. In: Betz S, ed. <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>. Dr. Kovac; 2017:139-186.","ieee":"D. Hrnjadovic, “Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse,” in <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, S. Betz, Ed. Hamburg: Dr. Kovac, 2017, pp. 139–186.","chicago":"Hrnjadovic, Damir. “Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse.” In <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, 139–86. Hamburg: Dr. Kovac, 2017.","apa":"Hrnjadovic, D. (2017). Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse. In S. Betz (Ed.), <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i> (pp. 139–186). Dr. Kovac.","short":"D. Hrnjadovic, in: S. Betz (Ed.), Aktuelle Fragestellungen zu Produktion, Logistik und Controlling, Dr. Kovac, Hamburg, 2017, pp. 139–186.","bibtex":"@inbook{Hrnjadovic_2017, place={Hamburg}, title={Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse}, booktitle={Aktuelle Fragestellungen zu Produktion, Logistik und Controlling}, publisher={Dr. Kovac}, author={Hrnjadovic, Damir}, editor={Betz, Stefan}, year={2017}, pages={139–186} }","mla":"Hrnjadovic, Damir. “Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse.” <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, Dr. Kovac, 2017, pp. 139–86."},"page":"139-186","place":"Hamburg","year":"2017","publication_status":"published","publication_identifier":{"isbn":["978-3-8300-9337-4"]},"title":"Möglichkeiten und Grenzen der Messung, Kontrolle und Sicherung der Qualität logistischer Prozesse","author":[{"first_name":"Damir","last_name":"Hrnjadovic","full_name":"Hrnjadovic, Damir"}],"date_created":"2024-01-09T11:01:38Z","date_updated":"2024-01-10T09:19:55Z","publisher":"Dr. Kovac","status":"public","editor":[{"first_name":"Stefan","last_name":"Betz","full_name":"Betz, Stefan"}],"type":"book_chapter","publication":"Aktuelle Fragestellungen zu Produktion, Logistik und Controlling","language":[{"iso":"ger"}],"user_id":"21811","department":[{"_id":"193"}],"_id":"50380"},{"user_id":"21811","department":[{"_id":"193"}],"_id":"50383","language":[{"iso":"ger"}],"type":"book_chapter","publication":"Aktuelle Fragestellungen zu Produktion, Logistik und Controlling","status":"public","editor":[{"first_name":"Stefan","full_name":"Betz, Stefan","last_name":"Betz"}],"date_created":"2024-01-09T11:08:58Z","author":[{"full_name":"Fiedler, Moritz","last_name":"Fiedler","first_name":"Moritz"}],"publisher":"Dr. Kovac","date_updated":"2024-01-10T09:21:24Z","title":"Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen","publication_status":"published","publication_identifier":{"isbn":["978-3-8300-9337-4"]},"citation":{"mla":"Fiedler, Moritz. “Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen.” <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, Dr. Kovac, 2017, pp. 187–229.","bibtex":"@inbook{Fiedler_2017, place={Hamburg}, title={Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen}, booktitle={Aktuelle Fragestellungen zu Produktion, Logistik und Controlling}, publisher={Dr. Kovac}, author={Fiedler, Moritz}, editor={Betz, Stefan}, year={2017}, pages={187–229} }","short":"M. Fiedler, in: S. Betz (Ed.), Aktuelle Fragestellungen zu Produktion, Logistik und Controlling, Dr. Kovac, Hamburg, 2017, pp. 187–229.","apa":"Fiedler, M. (2017). Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen. In S. Betz (Ed.), <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i> (pp. 187–229). Dr. Kovac.","ieee":"M. Fiedler, “Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen,” in <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, S. Betz, Ed. Hamburg: Dr. Kovac, 2017, pp. 187–229.","chicago":"Fiedler, Moritz. “Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen.” In <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, 187–229. Hamburg: Dr. Kovac, 2017.","ama":"Fiedler M. Implikationen einer wertorientierten Unternehmensführung für Standortplanungsentscheidungen. In: Betz S, ed. <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>. Dr. Kovac; 2017:187-229."},"page":"187-229","place":"Hamburg","year":"2017"},{"publication_status":"published","publication_identifier":{"isbn":["978-3-8300-9337-4"]},"citation":{"apa":"Osthoff, L. (2017). Betriebliche Standortplanung international agierender Unternehmen. In S. Betz (Ed.), <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i> (pp. 233–263). Dr. Kovac.","short":"L. Osthoff, in: S. Betz (Ed.), Aktuelle Fragestellungen zu Produktion, Logistik und Controlling, Dr. Kovac, Hamburg, 2017, pp. 233–263.","bibtex":"@inbook{Osthoff_2017, place={Hamburg}, title={Betriebliche Standortplanung international agierender Unternehmen}, booktitle={Aktuelle Fragestellungen zu Produktion, Logistik und Controlling}, publisher={Dr. Kovac}, author={Osthoff, Lennart}, editor={Betz, Stefan}, year={2017}, pages={233–263} }","mla":"Osthoff, Lennart. “Betriebliche Standortplanung international agierender Unternehmen.” <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, Dr. Kovac, 2017, pp. 233–63.","ama":"Osthoff L. Betriebliche Standortplanung international agierender Unternehmen. In: Betz S, ed. <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>. Dr. Kovac; 2017:233-263.","chicago":"Osthoff, Lennart. “Betriebliche Standortplanung international agierender Unternehmen.” In <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, 233–63. Hamburg: Dr. Kovac, 2017.","ieee":"L. Osthoff, “Betriebliche Standortplanung international agierender Unternehmen,” in <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, S. Betz, Ed. Hamburg: Dr. Kovac, 2017, pp. 233–263."},"page":"233-263","place":"Hamburg","year":"2017","date_created":"2024-01-09T11:12:19Z","author":[{"first_name":"Lennart","full_name":"Osthoff, Lennart","last_name":"Osthoff"}],"publisher":"Dr. Kovac","date_updated":"2024-01-10T09:22:10Z","title":"Betriebliche Standortplanung international agierender Unternehmen","type":"book_chapter","publication":"Aktuelle Fragestellungen zu Produktion, Logistik und Controlling","status":"public","editor":[{"first_name":"Stefan","full_name":"Betz, Stefan","last_name":"Betz"}],"user_id":"21811","department":[{"_id":"193"}],"_id":"50385","language":[{"iso":"ger"}]},{"citation":{"short":"O. Opitz, in: S. Betz (Ed.), Aktuelle Fragestellungen zu Produktion, Logistik und Controlling, Dr. Kovac, Hamburg, 2017, pp. 13–45.","mla":"Opitz, Oliver. “Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen.” <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, Dr. Kovac, 2017, pp. 13–45.","bibtex":"@inbook{Opitz_2017, place={Hamburg}, title={Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen}, booktitle={Aktuelle Fragestellungen zu Produktion, Logistik und Controlling}, publisher={Dr. Kovac}, author={Opitz, Oliver}, editor={Betz, Stefan}, year={2017}, pages={13–45} }","apa":"Opitz, O. (2017). Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen. In S. Betz (Ed.), <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i> (pp. 13–45). Dr. Kovac.","ieee":"O. Opitz, “Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen,” in <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, S. Betz, Ed. Hamburg: Dr. Kovac, 2017, pp. 13–45.","chicago":"Opitz, Oliver. “Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen.” In <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, 13–45. Hamburg: Dr. Kovac, 2017.","ama":"Opitz O. Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen. In: Betz S, ed. <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>. Dr. Kovac; 2017:13-45."},"page":"13-45","place":"Hamburg","year":"2017","publication_status":"published","publication_identifier":{"isbn":["978-3-8300-9337-4"]},"title":"Kategorisierungsmöglichkeiten für die Erzeugung von Dienstleistungen","date_created":"2024-01-09T11:26:18Z","author":[{"first_name":"Oliver","full_name":"Opitz, Oliver","last_name":"Opitz"}],"date_updated":"2024-01-10T09:24:59Z","publisher":"Dr. Kovac","status":"public","editor":[{"full_name":"Betz, Stefan","last_name":"Betz","first_name":"Stefan"}],"type":"book_chapter","publication":"Aktuelle Fragestellungen zu Produktion, Logistik und Controlling","language":[{"iso":"ger"}],"user_id":"21811","department":[{"_id":"193"}],"_id":"50392"},{"publisher":"Dr. Kovac","date_updated":"2024-01-10T09:29:26Z","author":[{"first_name":"Christian","full_name":"Faupel, Christian","last_name":"Faupel"}],"date_created":"2024-01-09T12:45:42Z","title":"Entscheidungsunterstützung durch das Controlling mittels Reporting Design","publication_identifier":{"isbn":["978-3-8300-9337-4"]},"publication_status":"published","place":"Hamburg","year":"2017","page":"115-139","citation":{"short":"C. Faupel, in: S. Betz (Ed.), Aktuelle Fragestellungen zu Produktion, Logistik und Controlling, Dr. Kovac, Hamburg, 2017, pp. 115–139.","bibtex":"@inbook{Faupel_2017, place={Hamburg}, title={Entscheidungsunterstützung durch das Controlling mittels Reporting Design}, booktitle={Aktuelle Fragestellungen zu Produktion, Logistik und Controlling}, publisher={Dr. Kovac}, author={Faupel, Christian}, editor={Betz, Stefan}, year={2017}, pages={115–139} }","mla":"Faupel, Christian. “Entscheidungsunterstützung durch das Controlling mittels Reporting Design.” <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, Dr. Kovac, 2017, pp. 115–39.","apa":"Faupel, C. (2017). Entscheidungsunterstützung durch das Controlling mittels Reporting Design. In S. Betz (Ed.), <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i> (pp. 115–139). Dr. Kovac.","ieee":"C. Faupel, “Entscheidungsunterstützung durch das Controlling mittels Reporting Design,” in <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, S. Betz, Ed. Hamburg: Dr. Kovac, 2017, pp. 115–139.","chicago":"Faupel, Christian. “Entscheidungsunterstützung durch das Controlling mittels Reporting Design.” In <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>, edited by Stefan Betz, 115–39. Hamburg: Dr. Kovac, 2017.","ama":"Faupel C. Entscheidungsunterstützung durch das Controlling mittels Reporting Design. In: Betz S, ed. <i>Aktuelle Fragestellungen zu Produktion, Logistik und Controlling</i>. Dr. Kovac; 2017:115-139."},"_id":"50402","department":[{"_id":"193"}],"user_id":"21811","language":[{"iso":"ger"}],"publication":"Aktuelle Fragestellungen zu Produktion, Logistik und Controlling","type":"book_chapter","editor":[{"full_name":"Betz, Stefan","last_name":"Betz","first_name":"Stefan"}],"status":"public"},{"date_created":"2018-10-12T08:38:21Z","title":"Hold or Sell? How Capital Gains Taxation Affects Holding Decisions","issue":"3","quality_controlled":"1","year":"2017","language":[{"iso":"eng"}],"publication":"Review of Managerial Science","abstract":[{"lang":"eng","text":"Investments with exit flexibility require decisions regarding both the investment and holding period. Because selling an investment often leads to taxable capital gains, which crucially depend on the duration of an investment, we investigate the impact of capital gains taxation on exit timing under different tax systems. We observed that capital gains taxation delays exit decisions but loses its decision relevance for very long holdings. Often the optimal exit time, which indicates the maximal present value of future cashflows, cannot be determined analytically. However, we identify the breakeven exit time that guarantees present values exceeding those of an immediate sale. While, after-taxes, an immediate sale is often optimal, long holding periods might also be attractive for investors depending on the degree of income and corporate tax integration. A classic corporate tax system often indicates holdings over more than 100 periods. By contrast, a shareholder relief system indicates the earliest breakeven exit time and thus the highest level of exit timing flexibility. Surprisingly, high retention rates are likely to accelerate sales under a classic corporate system. Additionally, the worst exit time, which should be avoided by investors, differs tremendously across tax systems. For an integrated tax system with full imputation, the worst time is reached earlier than under partial or non-integrated systems. These results could help to predict investors’ behavior regarding changes in capital gains taxation and thus are of interest for both investors and tax policymakers. Furthermore, the results emphasize the need to control for the underlying tax system in cross-country empirical studies."}],"author":[{"last_name":"Hegemann","full_name":"Hegemann, Annika","first_name":"Annika"},{"last_name":"Kunoth","full_name":"Kunoth, Angela","first_name":"Angela"},{"first_name":"Kristina","full_name":"Rupp, Kristina","last_name":"Rupp"},{"first_name":"Caren","orcid":" 0000-0002-8183-5901","last_name":"Sureth-Sloane","full_name":"Sureth-Sloane, Caren","id":"530"}],"volume":11,"date_updated":"2024-01-30T12:43:17Z","oa":"1","main_file_link":[{"open_access":"1"}],"doi":"10.1007/s11846-016-0197-9 ","citation":{"mla":"Hegemann, Annika, et al. “Hold or Sell? How Capital Gains Taxation Affects Holding Decisions.” <i>Review of Managerial Science</i>, vol. 11, no. 3, 2017, pp. 571–603, doi:<a href=\"https://doi.org/10.1007/s11846-016-0197-9 \">10.1007/s11846-016-0197-9 </a>.","short":"A. Hegemann, A. Kunoth, K. Rupp, C. Sureth-Sloane, Review of Managerial Science 11 (2017) 571–603.","bibtex":"@article{Hegemann_Kunoth_Rupp_Sureth-Sloane_2017, title={Hold or Sell? How Capital Gains Taxation Affects Holding Decisions}, volume={11}, DOI={<a href=\"https://doi.org/10.1007/s11846-016-0197-9 \">10.1007/s11846-016-0197-9 </a>}, number={3}, journal={Review of Managerial Science}, author={Hegemann, Annika and Kunoth, Angela and Rupp, Kristina and Sureth-Sloane, Caren}, year={2017}, pages={571–603} }","apa":"Hegemann, A., Kunoth, A., Rupp, K., &#38; Sureth-Sloane, C. (2017). Hold or Sell? How Capital Gains Taxation Affects Holding Decisions. <i>Review of Managerial Science</i>, <i>11</i>(3), 571–603. <a href=\"https://doi.org/10.1007/s11846-016-0197-9 \">https://doi.org/10.1007/s11846-016-0197-9 </a>","chicago":"Hegemann, Annika, Angela Kunoth, Kristina Rupp, and Caren Sureth-Sloane. “Hold or Sell? How Capital Gains Taxation Affects Holding Decisions.” <i>Review of Managerial Science</i> 11, no. 3 (2017): 571–603. <a href=\"https://doi.org/10.1007/s11846-016-0197-9 \">https://doi.org/10.1007/s11846-016-0197-9 </a>.","ieee":"A. Hegemann, A. Kunoth, K. Rupp, and C. Sureth-Sloane, “Hold or Sell? How Capital Gains Taxation Affects Holding Decisions,” <i>Review of Managerial Science</i>, vol. 11, no. 3, pp. 571–603, 2017, doi: <a href=\"https://doi.org/10.1007/s11846-016-0197-9 \">10.1007/s11846-016-0197-9 </a>.","ama":"Hegemann A, Kunoth A, Rupp K, Sureth-Sloane C. Hold or Sell? How Capital Gains Taxation Affects Holding Decisions. <i>Review of Managerial Science</i>. 2017;11(3):571-603. doi:<a href=\"https://doi.org/10.1007/s11846-016-0197-9 \">10.1007/s11846-016-0197-9 </a>"},"page":"571-603","intvolume":"        11","user_id":"74000","department":[{"_id":"187"},{"_id":"635"}],"_id":"4703","type":"journal_article","status":"public"},{"title":"Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen","date_updated":"2024-04-08T11:07:59Z","author":[{"first_name":".","last_name":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft","full_name":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ."},{"full_name":"Sureth-Sloane, Caren","id":"530","last_name":"Sureth-Sloane","orcid":" 0000-0002-8183-5901","first_name":"Caren"}],"date_created":"2018-10-30T12:48:28Z","volume":72,"year":"2017","citation":{"ama":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft ., Sureth-Sloane C. Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen. In: Krause S, Pellens B, eds. <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>. Vol 72. ZfbF 17. ; 2017:143-165.","ieee":". Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft and C. Sureth-Sloane, “Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen,” in <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>, vol. 72, S. Krause and B. Pellens, Eds. 2017, pp. 143–165.","chicago":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., and Caren Sureth-Sloane. “Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen.” In <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>, edited by Stefan Krause and Bernhard Pellens, 72:143–65. ZfbF 17, 2017.","bibtex":"@inbook{Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft_Sureth-Sloane_2017, series={ZfbF 17}, title={Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen}, volume={72}, booktitle={Betriebswirtschaftliche Implikationen der digitalen Transformation}, author={Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, . and Sureth-Sloane, Caren}, editor={Krause, Stefan and Pellens, Bernhard}, year={2017}, pages={143–165}, collection={ZfbF 17} }","short":". Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, C. Sureth-Sloane, in: S. Krause, B. Pellens (Eds.), Betriebswirtschaftliche Implikationen der digitalen Transformation, 2017, pp. 143–165.","mla":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., and Caren Sureth-Sloane. “Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen.” <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>, edited by Stefan Krause and Bernhard Pellens, vol. 72, 2017, pp. 143–65.","apa":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., &#38; Sureth-Sloane, C. (2017). Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen. In S. Krause &#38; B. Pellens (Eds.), <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i> (Vol. 72, pp. 143–165)."},"page":"143-165","intvolume":"        72","alternative_title":["(Caren Sureth-Sloane ist Mitglied im Arbeitskreis Verrechnungspreise und im Team der federführenden Autoren dieses Beitrags)"],"language":[{"iso":"ger"}],"_id":"5015","series_title":"ZfbF 17","user_id":"530","department":[{"_id":"187"}],"editor":[{"first_name":"Stefan","full_name":"Krause, Stefan","last_name":"Krause"},{"last_name":"Pellens","full_name":"Pellens, Bernhard","first_name":"Bernhard"}],"status":"public","type":"book_chapter","publication":"Betriebswirtschaftliche Implikationen der digitalen Transformation"},{"volume":72,"author":[{"first_name":".","last_name":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft","full_name":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, ."},{"first_name":"Caren","last_name":"Sureth-Sloane","orcid":" 0000-0002-8183-5901","full_name":"Sureth-Sloane, Caren","id":"530"}],"date_created":"2018-10-30T12:53:21Z","publisher":"ZfBF Schmalenbach-Gesellschaft","date_updated":"2024-04-08T11:06:37Z","title":"Digitalisierung und Besteuerung","intvolume":"        72","page":"123-142","citation":{"ama":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft ., Sureth-Sloane C. Digitalisierung und Besteuerung. In: Krause S, Pellens B, eds. <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>. Vol 72. ZfbF-Sonderheft 17. ZfBF Schmalenbach-Gesellschaft; 2017:123-142.","ieee":". Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft and C. Sureth-Sloane, “Digitalisierung und Besteuerung,” in <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>, vol. 72, S. Krause and B. Pellens, Eds. ZfBF Schmalenbach-Gesellschaft, 2017, pp. 123–142.","chicago":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., and Caren Sureth-Sloane. “Digitalisierung und Besteuerung.” In <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>, edited by Stefan Krause and Bernhard Pellens, 72:123–42. ZfbF-Sonderheft 17. ZfBF Schmalenbach-Gesellschaft, 2017.","mla":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., and Caren Sureth-Sloane. “Digitalisierung und Besteuerung.” <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i>, edited by Stefan Krause and Bernhard Pellens, vol. 72, ZfBF Schmalenbach-Gesellschaft, 2017, pp. 123–42.","short":". Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, C. Sureth-Sloane, in: S. Krause, B. Pellens (Eds.), Betriebswirtschaftliche Implikationen der digitalen Transformation, ZfBF Schmalenbach-Gesellschaft, 2017, pp. 123–142.","bibtex":"@inbook{Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft_Sureth-Sloane_2017, series={ZfbF-Sonderheft 17}, title={Digitalisierung und Besteuerung}, volume={72}, booktitle={Betriebswirtschaftliche Implikationen der digitalen Transformation}, publisher={ZfBF Schmalenbach-Gesellschaft}, author={Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, . and Sureth-Sloane, Caren}, editor={Krause, Stefan and Pellens, Bernhard}, year={2017}, pages={123–142}, collection={ZfbF-Sonderheft 17} }","apa":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., &#38; Sureth-Sloane, C. (2017). Digitalisierung und Besteuerung. In S. Krause &#38; B. Pellens (Eds.), <i>Betriebswirtschaftliche Implikationen der digitalen Transformation</i> (Vol. 72, pp. 123–142). ZfBF Schmalenbach-Gesellschaft."},"year":"2017","department":[{"_id":"187"}],"user_id":"530","series_title":"ZfbF-Sonderheft 17","_id":"5017","language":[{"iso":"ger"}],"alternative_title":["(Caren Sureth-Sloane ist Mitglied im Arbeitskreis Steuern) "],"publication":"Betriebswirtschaftliche Implikationen der digitalen Transformation","type":"book_chapter","status":"public","editor":[{"last_name":"Krause","full_name":"Krause, Stefan","first_name":"Stefan"},{"last_name":"Pellens","full_name":"Pellens, Bernhard","first_name":"Bernhard"}]},{"title":"Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft","publisher":"Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft","date_updated":"2024-04-08T11:14:20Z","volume":10,"date_created":"2018-10-30T12:50:57Z","author":[{"first_name":".","full_name":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, .","last_name":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft"},{"full_name":"Sureth-Sloane, Caren","id":"530","orcid":" 0000-0002-8183-5901","last_name":"Sureth-Sloane","first_name":"Caren"}],"year":"2017","intvolume":"        10","page":"537-542","citation":{"ieee":". Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft and C. Sureth-Sloane, “Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft,” <i>Die Unternehmensbesteuerung</i>, vol. 10, no. 9, pp. 537–542, 2017.","chicago":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., and Caren Sureth-Sloane. “Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft.” <i>Die Unternehmensbesteuerung</i> 10, no. 9 (2017): 537–42.","ama":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft ., Sureth-Sloane C. Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft. <i>Die Unternehmensbesteuerung</i>. 2017;10(9):537-542.","apa":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., &#38; Sureth-Sloane, C. (2017). Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft. <i>Die Unternehmensbesteuerung</i>, <i>10</i>(9), 537–542.","bibtex":"@article{Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft_Sureth-Sloane_2017, title={Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft}, volume={10}, number={9}, journal={Die Unternehmensbesteuerung}, publisher={Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft}, author={Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, . and Sureth-Sloane, Caren}, year={2017}, pages={537–542} }","short":". Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, C. Sureth-Sloane, Die Unternehmensbesteuerung 10 (2017) 537–542.","mla":"Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, ., and Caren Sureth-Sloane. “Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft.” <i>Die Unternehmensbesteuerung</i>, vol. 10, no. 9, Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, 2017, pp. 537–42."},"issue":"9","language":[{"iso":"ger"}],"alternative_title":["(Caren Sureth-Sloane ist Mitglied im Arbeitskreis Verrechnungspreise)"],"_id":"5016","department":[{"_id":"187"}],"user_id":"530","status":"public","publication":"Die Unternehmensbesteuerung","type":"journal_article"},{"jel":["G21","G28","G32"],"citation":{"bibtex":"@book{Uhde_Wengerek, title={The relationship between credit risk transfer and non-performing loans. Evidence from European banks}, author={Uhde, André and Wengerek, Sascha Tobias} }","mla":"Uhde, André, and Sascha Tobias Wengerek. <i>The Relationship between Credit Risk Transfer and Non-Performing Loans. Evidence from European Banks</i>.","short":"A. Uhde, S.T. Wengerek, The Relationship between Credit Risk Transfer and Non-Performing Loans. Evidence from European Banks, n.d.","apa":"Uhde, A., &#38; Wengerek, S. T. (n.d.). <i>The relationship between credit risk transfer and non-performing loans. Evidence from European banks</i>.","chicago":"Uhde, André, and Sascha Tobias Wengerek. <i>The Relationship between Credit Risk Transfer and Non-Performing Loans. Evidence from European Banks</i>, n.d.","ieee":"A. Uhde and S. T. Wengerek, <i>The relationship between credit risk transfer and non-performing loans. Evidence from European banks</i>. .","ama":"Uhde A, Wengerek ST. <i>The Relationship between Credit Risk Transfer and Non-Performing Loans. Evidence from European Banks</i>."},"year":"2017","publication_status":"submitted","title":"The relationship between credit risk transfer and non-performing loans. Evidence from European banks","date_created":"2018-10-31T10:07:26Z","author":[{"id":"36049","full_name":"Uhde, André","orcid":"https://orcid.org/0000-0002-8058-8857","last_name":"Uhde","first_name":"André"},{"first_name":"Sascha Tobias","last_name":"Wengerek","orcid":"0000-0002-7820-3903","full_name":"Wengerek, Sascha Tobias","id":"48837"}],"date_updated":"2024-04-17T13:34:47Z","status":"public","abstract":[{"lang":"eng","text":"Employing a unique and hand-collected sample of 648 true sale loan securitization\r\ntransactions issued by 57 stock-listed banks across the EU-12 plus Switzerland\r\nover the period from 1997 to 2010, this paper empirically analyzes the relationship\r\nbetween true sale loan securitization and the issuing banks' non-performing loan\r\nto total assets ratios (NPLRs). We provide evidence for an NPLR-reducing effect\r\nduring the boom phase of securitizations in Europe suggesting that banks in our\r\nsample may (partly) securitize NPLs as the most risky junior tranche and do not\r\n(fully) retain NPLs as a reputation and quality signal towards less informed investors\r\nin imperfect capital markets. In contrast, we fi\fnd the reverse effect during the\r\ncrises period in Europe indicating that issuing banks provided credit enhancement\r\nand demonstrated `skin in the game'. Our baseline result remains robust when\r\ncontrolling for endogeneity concerns and a potential persistence in the time series\r\nof the NPL data. Moreover, results from a variety of sensitivity analysis reveal\r\nthat the NPLR-reducing effect is stronger for opaque securitization transactions,\r\nfor issuing banks exhibiting higher average levels of NPLRs and for banks operating\r\nfrom non-PIIGS countries. In addition, a reduction of NPLRs through securitization\r\nis observed for issued collateralized debt obligations, residential mortgage-backed\r\nsecurities, consumer and other unspeci\fed loans as well as for non-frequently issuing,\r\nsystemically less important and worse-rated banks. Our analysis offers essential\r\ninsights into the loan risk allocation process through securitization and provides\r\nimportant implications for the vital debate on reducing NPL exposures and the\r\nprocess of revitalizing and regulating the European securitization market."}],"type":"working_paper","language":[{"iso":"eng"}],"keyword":["European Banking","Non-performing Loans","Risk Allocation","Securitization"],"user_id":"36049","department":[{"_id":"186"},{"_id":"188"}],"_id":"5171"},{"title":"Accounting quality in private firms during the transition towards international standards","date_created":"2018-07-11T08:57:03Z","year":"2017","issue":"3","keyword":["private firms","accounting quality","development of accounting standards","IFRS-like standards","Slovenia"],"language":[{"iso":"eng"}],"abstract":[{"lang":"eng","text":"We study the historical development of Slovenian Accounting Standards (SAS) and their association with accounting quality (AQ). We focus on private firms where the financial reporting process is characterised by low demand for high-quality reporting. We investigate three distinct editions of SAS since 1994 and test how their development towards international standards is related to AQ. Aggregate earnings management measures indicate that the use of accounting discretion decreases with less earnings smoothing over time. The main features of AQ have been consistent throughout historical development. Asymmetric timeliness of earnings, the ability of earnings to predict future cash flows, and the ability of accruals to mitigate mismatching are all present throughout. We also document typical departures from properties of high AQ. For example, accruals do not (always) facilitate timely recognition of losses. However, these can be attributed to the overwhelming influence of reporting incentives (e.g. taxation, debt, size) rather than to the (lower) quality of accounting standards.\r\n\r\n\r\n     \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n\r\n\r\n\r\n Full Article  \r\n  Figures & data  \r\n References \r\n  Citations  \r\n \r\n Metrics \r\n  Reprints & Permissions \r\n  PDF \r\n \r\n \r\n\r\n\r\n\r\n\r\nAbstract\r\n\r\n\r\nWe study the historical development of Slovenian Accounting Standards (SAS) and their association with accounting quality (AQ). We focus on private firms where the financial reporting process is characterised by low demand for high-quality reporting. We investigate three distinct editions of SAS since 1994 and test how their development towards international standards is related to AQ. Aggregate earnings management measures indicate that the use of accounting discretion decreases with less earnings smoothing over time. The main features of AQ have been consistent throughout historical development. Asymmetric timeliness of earnings, the ability of earnings to predict future cash flows, and the ability of accruals to mitigate mismatching are all present throughout. We also document typical departures from properties of high AQ. For example, accruals do not (always) facilitate timely recognition of losses. However, these can be attributed to the overwhelming influence of reporting incentives (e.g. taxation, debt, size) rather than to the (lower) quality of accounting standards."}],"publication":"Accounting in Europe","doi":"10.1080/17449480.2017.1378821","date_updated":"2023-01-24T15:34:31Z","author":[{"full_name":"Valentincic, Aljosa","last_name":"Valentincic","first_name":"Aljosa"},{"full_name":"Novak, Ales","last_name":"Novak","first_name":"Ales"},{"id":"54068","full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska"}],"volume":14,"jel":["M41","C23","L21","P20"],"citation":{"ama":"Valentincic A, Novak A, Kosi U. Accounting quality in private firms during the transition towards international standards. <i>Accounting in Europe</i>. 2017;14(3):358-387. doi:<a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>","ieee":"A. Valentincic, A. Novak, and U. Kosi, “Accounting quality in private firms during the transition towards international standards,” <i>Accounting in Europe</i>, vol. 14, no. 3, pp. 358–387, 2017, doi: <a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>.","chicago":"Valentincic, Aljosa, Ales Novak, and Urska Kosi. “Accounting Quality in Private Firms during the Transition towards International Standards.” <i>Accounting in Europe</i> 14, no. 3 (2017): 358–87. <a href=\"https://doi.org/10.1080/17449480.2017.1378821\">https://doi.org/10.1080/17449480.2017.1378821</a>.","apa":"Valentincic, A., Novak, A., &#38; Kosi, U. (2017). Accounting quality in private firms during the transition towards international standards. <i>Accounting in Europe</i>, <i>14</i>(3), 358–387. <a href=\"https://doi.org/10.1080/17449480.2017.1378821\">https://doi.org/10.1080/17449480.2017.1378821</a>","short":"A. Valentincic, A. Novak, U. Kosi, Accounting in Europe 14 (2017) 358–387.","bibtex":"@article{Valentincic_Novak_Kosi_2017, title={Accounting quality in private firms during the transition towards international standards}, volume={14}, DOI={<a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>}, number={3}, journal={Accounting in Europe}, author={Valentincic, Aljosa and Novak, Ales and Kosi, Urska}, year={2017}, pages={358–387} }","mla":"Valentincic, Aljosa, et al. “Accounting Quality in Private Firms during the Transition towards International Standards.” <i>Accounting in Europe</i>, vol. 14, no. 3, 2017, pp. 358–87, doi:<a href=\"https://doi.org/10.1080/17449480.2017.1378821\">10.1080/17449480.2017.1378821</a>."},"page":"358-387","intvolume":"        14","publication_status":"published","_id":"3542","user_id":"54068","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"status":"public","type":"journal_article"},{"user_id":"21222","department":[{"_id":"187"},{"_id":"635"}],"_id":"4685","language":[{"iso":"eng"}],"type":"journal_article","publication":"European Accounting Review","status":"public","abstract":[{"text":"Politicians and tax practitioners often claim that tax uncertainty negatively affects investment. In many countries, firms can request fee-based advance tax rulings (ATRs) to mitigate tax uncertainty. We analyse theoretically the circumstances under which investors request ATRs, how tax authorities should price them and how they can affect investment. We assume that tax authorities integrate investors’ reasoning into their decisions. We find that in special cases the optimal fee tax authorities should charge is prohibitively high, thus firms will refrain from requesting ATRs. However, we find that revenue-maximising tax authorities offer ATRs if the ruling enables them either to significantly reduce their tax audit costs or to increase the probability of detecting ambiguous tax issues. Under certain circumstances, ATRs may effectively foster investment and potentially benefit both the tax authorities and taxpayers. Our results provide new explanations for why taxpayers that face high levels of tax uncertainty often do not request ATRs, even when the fee is rather low. Our results also hold when the tax authority maximises social wealth instead of its revenues. Regulatory changes in ATR requirements might serve as a natural quasi-experiment for an empirical study of our predictions regarding investment decisions.","lang":"eng"}],"author":[{"first_name":"Markus","last_name":"Diller","full_name":"Diller, Markus"},{"full_name":"Kortebusch, Pia","last_name":"Kortebusch","first_name":"Pia"},{"first_name":"Georg","full_name":"Schneider, Georg","last_name":"Schneider"},{"orcid":" 0000-0002-8183-5901","last_name":"Sureth-Sloane","full_name":"Sureth-Sloane, Caren","id":"530","first_name":"Caren"}],"date_created":"2018-10-12T08:27:42Z","volume":26,"date_updated":"2023-01-31T12:10:12Z","doi":"10.1080/09638180.2016.1169939","title":"Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment","issue":"3","quality_controlled":"1","citation":{"ama":"Diller M, Kortebusch P, Schneider G, Sureth-Sloane C. Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment. <i>European Accounting Review</i>. 2017;26(3):441-468. doi:<a href=\"https://doi.org/10.1080/09638180.2016.1169939\">10.1080/09638180.2016.1169939</a>","chicago":"Diller, Markus, Pia Kortebusch, Georg Schneider, and Caren Sureth-Sloane. “Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment.” <i>European Accounting Review</i> 26, no. 3 (2017): 441–68. <a href=\"https://doi.org/10.1080/09638180.2016.1169939\">https://doi.org/10.1080/09638180.2016.1169939</a>.","ieee":"M. Diller, P. Kortebusch, G. Schneider, and C. Sureth-Sloane, “Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment,” <i>European Accounting Review</i>, vol. 26, no. 3, pp. 441–468, 2017, doi: <a href=\"https://doi.org/10.1080/09638180.2016.1169939\">10.1080/09638180.2016.1169939</a>.","mla":"Diller, Markus, et al. “Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment.” <i>European Accounting Review</i>, vol. 26, no. 3, 2017, pp. 441–68, doi:<a href=\"https://doi.org/10.1080/09638180.2016.1169939\">10.1080/09638180.2016.1169939</a>.","bibtex":"@article{Diller_Kortebusch_Schneider_Sureth-Sloane_2017, title={Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment}, volume={26}, DOI={<a href=\"https://doi.org/10.1080/09638180.2016.1169939\">10.1080/09638180.2016.1169939</a>}, number={3}, journal={European Accounting Review}, author={Diller, Markus and Kortebusch, Pia and Schneider, Georg and Sureth-Sloane, Caren}, year={2017}, pages={441–468} }","short":"M. Diller, P. Kortebusch, G. Schneider, C. Sureth-Sloane, European Accounting Review 26 (2017) 441–468.","apa":"Diller, M., Kortebusch, P., Schneider, G., &#38; Sureth-Sloane, C. (2017). Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment. <i>European Accounting Review</i>, <i>26</i>(3), 441–468. <a href=\"https://doi.org/10.1080/09638180.2016.1169939\">https://doi.org/10.1080/09638180.2016.1169939</a>"},"page":"441-468","intvolume":"        26","year":"2017"},{"status":"public","publication":"Zeitschrift für Recht & Rechnungswesen","type":"journal_article","language":[{"iso":"eng"}],"department":[{"_id":"187"}],"user_id":"96670","_id":"62737","page":"319-325","citation":{"short":"T. Bornemann, E. Eberhartinger, Zeitschrift Für Recht &#38; Rechnungswesen (2017) 319–325.","bibtex":"@article{Bornemann_Eberhartinger_2017, title={Die Initiative der EU zum öffentlichen Country-by-Country Reporting}, journal={Zeitschrift für Recht &#38; Rechnungswesen}, author={Bornemann, Tobias and Eberhartinger, Eva}, year={2017}, pages={319–325} }","mla":"Bornemann, Tobias, and Eva Eberhartinger. “Die Initiative Der EU Zum Öffentlichen Country-by-Country Reporting.” <i>Zeitschrift Für Recht &#38; Rechnungswesen</i>, 2017, pp. 319–25.","apa":"Bornemann, T., &#38; Eberhartinger, E. (2017). Die Initiative der EU zum öffentlichen Country-by-Country Reporting. <i>Zeitschrift Für Recht &#38; Rechnungswesen</i>, 319–325.","ama":"Bornemann T, Eberhartinger E. Die Initiative der EU zum öffentlichen Country-by-Country Reporting. <i>Zeitschrift für Recht &#38; Rechnungswesen</i>. Published online 2017:319-325.","chicago":"Bornemann, Tobias, and Eva Eberhartinger. “Die Initiative Der EU Zum Öffentlichen Country-by-Country Reporting.” <i>Zeitschrift Für Recht &#38; Rechnungswesen</i>, 2017, 319–25.","ieee":"T. Bornemann and E. Eberhartinger, “Die Initiative der EU zum öffentlichen Country-by-Country Reporting,” <i>Zeitschrift für Recht &#38; Rechnungswesen</i>, pp. 319–325, 2017."},"year":"2017","title":"Die Initiative der EU zum öffentlichen Country-by-Country Reporting","author":[{"first_name":"Tobias","full_name":"Bornemann, Tobias","id":"88419","last_name":"Bornemann","orcid":"0000-0003-4299-0551"},{"last_name":"Eberhartinger","full_name":"Eberhartinger, Eva","first_name":"Eva"}],"date_created":"2025-12-02T08:47:01Z","date_updated":"2025-12-02T08:47:07Z"},{"language":[{"iso":"ger"}],"_id":"2618","user_id":"21811","department":[{"_id":"193"}],"status":"public","type":"journal_article","publication":"ForschungsForum Paderborn","title":"Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen?","date_updated":"2022-01-06T06:57:17Z","date_created":"2018-05-03T12:40:21Z","author":[{"full_name":"Betz, Stefan","id":"54","last_name":"Betz","first_name":"Stefan"}],"volume":19,"year":"2016","citation":{"bibtex":"@article{Betz_2016, title={Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen?}, volume={19}, journal={ForschungsForum Paderborn}, author={Betz, Stefan}, year={2016}, pages={46–53} }","mla":"Betz, Stefan. “Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen?” <i>ForschungsForum Paderborn</i>, vol. 19, 2016, pp. 46–53.","short":"S. Betz, ForschungsForum Paderborn 19 (2016) 46–53.","apa":"Betz, S. (2016). Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen? <i>ForschungsForum Paderborn</i>, <i>19</i>, 46–53.","chicago":"Betz, Stefan. “Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen?” <i>ForschungsForum Paderborn</i> 19 (2016): 46–53.","ieee":"S. Betz, “Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen?,” <i>ForschungsForum Paderborn</i>, vol. 19, pp. 46–53, 2016.","ama":"Betz S. Auswahl internationaler Standorte - Wie lassen sich Standortentscheidungen methodisch unterstützen? <i>ForschungsForum Paderborn</i>. 2016;19:46-53."},"page":"pp. 46-53","intvolume":"        19","publication_status":"published"},{"author":[{"first_name":"Thomas","full_name":"Hoppe, Thomas","id":"22671","last_name":"Hoppe"},{"first_name":"Ralf","full_name":"Maiterth, Ralf","last_name":"Maiterth"},{"first_name":"Caren","full_name":"Sureth-Sloane, Caren","id":"530","last_name":"Sureth-Sloane"}],"volume":68,"oa":"1","date_updated":"2022-01-06T06:53:17Z","main_file_link":[{"open_access":"1","url":"http://www.readcube.com/articles/10.1007/s41471-016-0005-x?author_access_token=L8vhVZMucjlu5odLLLHaG_e4RwlQNchNByi7wbcMAY5B6ptZT4XXH6IBMbZTagA_06jUOTCNV-Pbh1ByfL_RaVCn-T_JbY5z17HM1rzPS9lXyW_vKKYXJAuZZglAbTRQbk33DRwc7ZJZc9Cl6TcFuA%3D%3D"}],"doi":"10.1007/s41471-016-0005-x","publication_status":"published","publication_identifier":{"issn":["0341-2687","2366-6153"]},"jel":["H21","H24","H25","C54"],"citation":{"ieee":"T. Hoppe, R. Maiterth, and C. Sureth-Sloane, “Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse,” <i>Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung</i>, vol. 68, no. 1, pp. 3–45, 2016.","chicago":"Hoppe, Thomas, Ralf Maiterth, and Caren Sureth-Sloane. “Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse.” <i>Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung</i> 68, no. 1 (2016): 3–45. <a href=\"https://doi.org/10.1007/s41471-016-0005-x\">https://doi.org/10.1007/s41471-016-0005-x</a>.","ama":"Hoppe T, Maiterth R, Sureth-Sloane C. Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse. <i>Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung</i>. 2016;68(1):3-45. doi:<a href=\"https://doi.org/10.1007/s41471-016-0005-x\">10.1007/s41471-016-0005-x</a>","short":"T. Hoppe, R. Maiterth, C. Sureth-Sloane, Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung 68 (2016) 3–45.","bibtex":"@article{Hoppe_Maiterth_Sureth-Sloane_2016, title={Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse}, volume={68}, DOI={<a href=\"https://doi.org/10.1007/s41471-016-0005-x\">10.1007/s41471-016-0005-x</a>}, number={1}, journal={Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung}, publisher={Springer Nature}, author={Hoppe, Thomas and Maiterth, Ralf and Sureth-Sloane, Caren}, year={2016}, pages={3–45} }","mla":"Hoppe, Thomas, et al. “Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse.” <i>Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung</i>, vol. 68, no. 1, Springer Nature, 2016, pp. 3–45, doi:<a href=\"https://doi.org/10.1007/s41471-016-0005-x\">10.1007/s41471-016-0005-x</a>.","apa":"Hoppe, T., Maiterth, R., &#38; Sureth-Sloane, C. (2016). Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse. <i>Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung</i>, <i>68</i>(1), 3–45. <a href=\"https://doi.org/10.1007/s41471-016-0005-x\">https://doi.org/10.1007/s41471-016-0005-x</a>"},"intvolume":"        68","page":"3-45","user_id":"61801","department":[{"_id":"187"},{"_id":"635"}],"_id":"1771","article_type":"original","type":"journal_article","status":"public","date_created":"2018-03-23T14:04:24Z","publisher":"Springer Nature","title":"Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse","issue":"1","quality_controlled":"1","year":"2016","language":[{"iso":"ger"}],"keyword":["Steuerbelastung","Substanzbesteuerung","Ungleiche Vermögensverteilung","Veranlagungssimulation","Vermögensteuer"],"publication":"Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung","abstract":[{"lang":"ger","text":"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 Stichprobe 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."},{"lang":"eng","text":"The (re-)introduction of a wealth tax has again become the subject of political debate in recent years. This paper analyzes the impact of implementing the concepts under discussion on the overall tax burden and on companies’ equity. Simulating a tax assessment based on real annual financial statement data from German listed firms in a multi-period setting, we quantify the expected equity erosion as well as the increase in the tax burden for the companies in our sample that is induced by wealth taxation at the corporate and shareholder level. Special attention is given to companies whose current yield is very low and thus would have to take additional loans or liquidate assets to settle their wealth tax bill. Our findings indicate that around half of the companies would suffer from wealth tax-induced asset erosion in at least one year within the six-year period under review. In contrast to the usually postulated moderate effects of a wealth tax on firms, we find evidence that the additional burden arising from wealth taxation could realistically range from nearly 100 to 300 % of the profit tax burden, highlighting the magnitude of risk associated with wealth taxation for Germany as a business location."}]},{"issue":"1","year":"2016","date_created":"2021-01-05T11:30:36Z","title":"Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?","publication":" Credit and Capital Markets – Kredit und Kapital (VHB-JOURQUAL 3 Ranking C)","abstract":[{"text":"This study examines the loan-pricing behavior of German banks for a large variety of retail and corporate loan products. We find that a bank’s operational efficiency is priced in bank loan rates and alters interest-setting behavior. Specifically, we establish that a higher degree of operational efficiency leads to lower loan markups, which makes prices more competitive and smoothes the setting of interest rates. By employing state-of-the-art stochastic frontier efficiency measures to capture a bank’s operational efficiency, we take a look at the bank customers’ perspective and demonstrate the extent to which borrowers benefit from cost-efficient banking.","lang":"eng"}],"language":[{"iso":"eng"}],"publication_status":"published","page":"93-125","intvolume":"        49","citation":{"bibtex":"@article{Sievers_Schlüter_Busch_Hartmann-Wendels_2016, title={Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?}, volume={49}, DOI={<a href=\"https://doi.org/10.3790/ccm.49.1.93\">10.3790/ccm.49.1.93</a>}, number={1}, journal={ Credit and Capital Markets – Kredit und Kapital (VHB-JOURQUAL 3 Ranking C)}, author={Sievers, Sönke and Schlüter, Tobias and Busch, Ramona and Hartmann-Wendels, Thomas}, year={2016}, pages={93–125} }","mla":"Sievers, Sönke, et al. “Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?” <i> Credit and Capital Markets – Kredit Und Kapital (VHB-JOURQUAL 3 Ranking C)</i>, vol. 49, no. 1, 2016, pp. 93–125, doi:<a href=\"https://doi.org/10.3790/ccm.49.1.93\">10.3790/ccm.49.1.93</a>.","short":"S. Sievers, T. Schlüter, R. Busch, T. Hartmann-Wendels,  Credit and Capital Markets – Kredit Und Kapital (VHB-JOURQUAL 3 Ranking C) 49 (2016) 93–125.","apa":"Sievers, S., Schlüter, T., Busch, R., &#38; Hartmann-Wendels, T. (2016). Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking? <i> Credit and Capital Markets – Kredit Und Kapital (VHB-JOURQUAL 3 Ranking C)</i>, <i>49</i>(1), 93–125. <a href=\"https://doi.org/10.3790/ccm.49.1.93\">https://doi.org/10.3790/ccm.49.1.93</a>","ama":"Sievers S, Schlüter T, Busch R, Hartmann-Wendels T. Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking? <i> Credit and Capital Markets – Kredit und Kapital (VHB-JOURQUAL 3 Ranking C)</i>. 2016;49(1):93-125. doi:<a href=\"https://doi.org/10.3790/ccm.49.1.93\">10.3790/ccm.49.1.93</a>","chicago":"Sievers, Sönke, Tobias Schlüter, Ramona Busch, and Thomas Hartmann-Wendels. “Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?” <i> Credit and Capital Markets – Kredit Und Kapital (VHB-JOURQUAL 3 Ranking C)</i> 49, no. 1 (2016): 93–125. <a href=\"https://doi.org/10.3790/ccm.49.1.93\">https://doi.org/10.3790/ccm.49.1.93</a>.","ieee":"S. Sievers, T. Schlüter, R. Busch, and T. Hartmann-Wendels, “Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?,” <i> Credit and Capital Markets – Kredit und Kapital (VHB-JOURQUAL 3 Ranking C)</i>, vol. 49, no. 1, pp. 93–125, 2016."},"jel":["G21","G28"],"date_updated":"2022-01-06T06:54:41Z","volume":49,"author":[{"last_name":"Sievers","full_name":"Sievers, Sönke","id":"46447","first_name":"Sönke"},{"full_name":"Schlüter, Tobias","last_name":"Schlüter","first_name":"Tobias"},{"full_name":"Busch, Ramona","last_name":"Busch","first_name":"Ramona"},{"full_name":"Hartmann-Wendels, Thomas","last_name":"Hartmann-Wendels","first_name":"Thomas"}],"doi":"10.3790/ccm.49.1.93","main_file_link":[{"url":"https://elibrary.duncker-humblot.com/journals/id/33/vol/49/iss/1330/art/5420/"}],"type":"journal_article","status":"public","_id":"20867","department":[{"_id":"275"}],"user_id":"46447","article_type":"original"}]