---
_id: '47917'
abstract:
- lang: eng
  text: <jats:p> Companies disclosing negative aspects in sustainability reports often
    employ legitimation strategies to present mishaps in a favorable light. In incentivized
    experiments, we find that nonprofessional investors divest from companies with
    a negative sustainability-related incident, and that symbolic legitimation (which
    only evasively explains a negative incident) is not a strong enough signal to
    counter this divestment behavior. Even substantial legitimation (which reports
    on measures and behavioral change) mitigates the divestment decisions only if
    the company reports on concrete remediation actions in morally charged situations,
    such as social or environmental incidents. We elaborate these results in light
    of signaling and screening theory, and suggest the conceptual extension of “costly
    signals” to what we call “valuable signals.” We argue that valuable signals need
    be not only costly for the sender from an economic perspective but also perceived
    as appropriate by the receiver from a noneconomic perspective. </jats:p>
author:
- first_name: Rüdiger
  full_name: Hahn, Rüdiger
  last_name: Hahn
- first_name: Daniel
  full_name: Reimsbach, Daniel
  id: '100169'
  last_name: Reimsbach
- first_name: Peter
  full_name: Kotzian, Peter
  last_name: Kotzian
- first_name: Madeleine
  full_name: Feder, Madeleine
  last_name: Feder
- first_name: Barbara E.
  full_name: Weißenberger, Barbara E.
  last_name: Weißenberger
citation:
  ama: Hahn R, Reimsbach D, Kotzian P, Feder M, Weißenberger BE. Legitimation Strategies
    as Valuable Signals in Nonfinancial Reporting? Effects on Investor Decision-Making.
    <i>Business &#38;amp; Society</i>. 2019;60(4):943-978. doi:<a href="https://doi.org/10.1177/0007650319872495">10.1177/0007650319872495</a>
  apa: Hahn, R., Reimsbach, D., Kotzian, P., Feder, M., &#38; Weißenberger, B. E.
    (2019). Legitimation Strategies as Valuable Signals in Nonfinancial Reporting?
    Effects on Investor Decision-Making. <i>Business &#38;amp; Society</i>, <i>60</i>(4),
    943–978. <a href="https://doi.org/10.1177/0007650319872495">https://doi.org/10.1177/0007650319872495</a>
  bibtex: '@article{Hahn_Reimsbach_Kotzian_Feder_Weißenberger_2019, title={Legitimation
    Strategies as Valuable Signals in Nonfinancial Reporting? Effects on Investor
    Decision-Making}, volume={60}, DOI={<a href="https://doi.org/10.1177/0007650319872495">10.1177/0007650319872495</a>},
    number={4}, journal={Business &#38;amp; Society}, publisher={SAGE Publications},
    author={Hahn, Rüdiger and Reimsbach, Daniel and Kotzian, Peter and Feder, Madeleine
    and Weißenberger, Barbara E.}, year={2019}, pages={943–978} }'
  chicago: 'Hahn, Rüdiger, Daniel Reimsbach, Peter Kotzian, Madeleine Feder, and Barbara
    E. Weißenberger. “Legitimation Strategies as Valuable Signals in Nonfinancial
    Reporting? Effects on Investor Decision-Making.” <i>Business &#38;amp; Society</i>
    60, no. 4 (2019): 943–78. <a href="https://doi.org/10.1177/0007650319872495">https://doi.org/10.1177/0007650319872495</a>.'
  ieee: 'R. Hahn, D. Reimsbach, P. Kotzian, M. Feder, and B. E. Weißenberger, “Legitimation
    Strategies as Valuable Signals in Nonfinancial Reporting? Effects on Investor
    Decision-Making,” <i>Business &#38;amp; Society</i>, vol. 60, no. 4, pp. 943–978,
    2019, doi: <a href="https://doi.org/10.1177/0007650319872495">10.1177/0007650319872495</a>.'
  mla: Hahn, Rüdiger, et al. “Legitimation Strategies as Valuable Signals in Nonfinancial
    Reporting? Effects on Investor Decision-Making.” <i>Business &#38;amp; Society</i>,
    vol. 60, no. 4, SAGE Publications, 2019, pp. 943–78, doi:<a href="https://doi.org/10.1177/0007650319872495">10.1177/0007650319872495</a>.
  short: R. Hahn, D. Reimsbach, P. Kotzian, M. Feder, B.E. Weißenberger, Business
    &#38;amp; Society 60 (2019) 943–978.
date_created: 2023-10-10T10:00:40Z
date_updated: 2023-10-30T11:33:44Z
department:
- _id: '186'
- _id: '815'
doi: 10.1177/0007650319872495
intvolume: '        60'
issue: '4'
keyword:
- Social Sciences (miscellaneous)
- Business
- Management and Accounting (miscellaneous)
language:
- iso: eng
page: 943-978
publication: Business &amp; Society
publication_identifier:
  issn:
  - 0007-6503
  - 1552-4205
publication_status: published
publisher: SAGE Publications
status: public
title: Legitimation Strategies as Valuable Signals in Nonfinancial Reporting? Effects
  on Investor Decision-Making
type: journal_article
user_id: '21810'
volume: 60
year: '2019'
...
---
_id: '4996'
abstract:
- lang: eng
  text: We analyze the impact of wealth taxes on investment timing decisions under
    uncertainty and irreversibility by employing a real options model of the Dixit/Pindyck
    type. Considering that wealth taxes have been (re-)introduced or are under discussion
    in many countries, investors need decision rules for tax systems with wealth taxation.
    We integrate different valuation methods for wealth tax purposes, distinguish
    between broadly and narrowly defined wealth taxes and vary the wealth tax rate
    to ascertain which wealth tax design is more or less likely to accelerate or delay
    investment. Our main findings are threefold. First, historical cost valuation
    reduces the distortive timing effects of wealth taxation compared to fair value
    accounting. Second, broadening the wealth tax base tends to accelerate investment
    during high interest rate periods and delay investment during low interest rate
    periods. Our results predict that wealth taxes with a broad tax base are likely
    to discourage risky investment in times of near-zero interest rates. These distortive
    wealth tax base effects, however, can be avoided by granting sufficiently high
    depreciation deductions for wealth tax purposes. Third, the investment timing
    effects of wealth tax rate variations are very sensitive to the riskiness of the
    underlying investment. Moreover, investment timing effects crucially depend upon
    the depreciation rate for wealth tax purposes. A tax legislator who aims to encourage
    risk taking should introduce generous depreciation deductions. Our study indicates
    that if a wealth tax is considered to be politically inevitable, possible harmful
    investment effects can be mitigated by choosing appropriate valuation methods
    and parameters.
author:
- first_name: Rainer
  full_name: Niemann, Rainer
  last_name: Niemann
- first_name: Caren
  full_name: Sureth-Sloane, Caren
  id: '530'
  last_name: Sureth-Sloane
  orcid: ' 0000-0002-8183-5901'
citation:
  ama: Niemann R, Sureth-Sloane C. Investment Timing Effects of Wealth Taxes under
    Uncertainty and Irreversibility. <i>Journal of Business Economics</i>. 2019;89(4):385-415.
    doi:<a href="https://doi.org/10.1007/s11573-018-0918-4">10.1007/s11573-018-0918-4</a>
  apa: Niemann, R., &#38; Sureth-Sloane, C. (2019). Investment Timing Effects of Wealth
    Taxes under Uncertainty and Irreversibility. <i>Journal of Business Economics</i>,
    <i>89</i>(4), 385–415. <a href="https://doi.org/10.1007/s11573-018-0918-4">https://doi.org/10.1007/s11573-018-0918-4</a>
  bibtex: '@article{Niemann_Sureth-Sloane_2019, title={Investment Timing Effects of
    Wealth Taxes under Uncertainty and Irreversibility}, volume={89}, DOI={<a href="https://doi.org/10.1007/s11573-018-0918-4">10.1007/s11573-018-0918-4</a>},
    number={4}, journal={Journal of Business Economics}, publisher={Springer Nature
    America, Inc}, author={Niemann, Rainer and Sureth-Sloane, Caren}, year={2019},
    pages={385–415} }'
  chicago: 'Niemann, Rainer, and Caren Sureth-Sloane. “Investment Timing Effects of
    Wealth Taxes under Uncertainty and Irreversibility.” <i>Journal of Business Economics</i>
    89, no. 4 (2019): 385–415. <a href="https://doi.org/10.1007/s11573-018-0918-4">https://doi.org/10.1007/s11573-018-0918-4</a>.'
  ieee: 'R. Niemann and C. Sureth-Sloane, “Investment Timing Effects of Wealth Taxes
    under Uncertainty and Irreversibility,” <i>Journal of Business Economics</i>,
    vol. 89, no. 4, pp. 385–415, 2019, doi: <a href="https://doi.org/10.1007/s11573-018-0918-4">10.1007/s11573-018-0918-4</a>.'
  mla: Niemann, Rainer, and Caren Sureth-Sloane. “Investment Timing Effects of Wealth
    Taxes under Uncertainty and Irreversibility.” <i>Journal of Business Economics</i>,
    vol. 89, no. 4, Springer Nature America, Inc, 2019, pp. 385–415, doi:<a href="https://doi.org/10.1007/s11573-018-0918-4">10.1007/s11573-018-0918-4</a>.
  short: R. Niemann, C. Sureth-Sloane, Journal of Business Economics 89 (2019) 385–415.
date_created: 2018-10-29T12:17:58Z
date_updated: 2024-01-30T12:42:59Z
department:
- _id: '187'
- _id: '635'
doi: 10.1007/s11573-018-0918-4
intvolume: '        89'
issue: '4'
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://link.springer.com/article/10.1007/s11573-018-0918-4
oa: '1'
page: 385-415
publication: Journal of Business Economics
publication_identifier:
  issn:
  - 0044-2372
  - 1861-8928
publication_status: published
publisher: Springer Nature America, Inc
quality_controlled: '1'
status: public
title: Investment Timing Effects of Wealth Taxes under Uncertainty and Irreversibility
type: journal_article
user_id: '74000'
volume: 89
year: '2019'
...
---
_id: '17715'
abstract:
- lang: ger
  text: Der Beitrag stellt die teilweise überschießende Wirkung des Referentenentwurfs
    des Bundesministeriums der Finanzen zur Grunderwerbsteuer mit Blick auf börsennotierte
    Kapitalgesellschaften dar und schlägt eine Erweiterung des Referentenentwurfs
    vor, wobei börsennotierte Kapitalgesellschaften vom Anwendungsbereich der neuen
    Vorschrift ausgenommen werden sollen.
alternative_title:
- (Caren Sureth-Sloane ist Mitglied im Arbeitskreis Verrechnungspreise)
author:
- first_name: .
  full_name: Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft,
    .
  last_name: Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft
- first_name: Caren
  full_name: Sureth-Sloane, Caren
  id: '530'
  last_name: Sureth-Sloane
  orcid: ' 0000-0002-8183-5901'
citation:
  ama: Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft .,
    Sureth-Sloane C. Ein Lösungsvorschlag zur Vermeidung der überschießenden Wirkung
    der Grunderwerbsteuerreform bei börsennotierten Kapitalgesellschaften. <i>Betriebs-Berater</i>.
    2019;74(25):1438-1442.
  apa: Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft,
    ., &#38; Sureth-Sloane, C. (2019). Ein Lösungsvorschlag zur Vermeidung der überschießenden
    Wirkung der Grunderwerbsteuerreform bei börsennotierten Kapitalgesellschaften.
    <i>Betriebs-Berater</i>, <i>74</i>(25), 1438–1442.
  bibtex: '@article{Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft_Sureth-Sloane_2019,
    title={Ein Lösungsvorschlag zur Vermeidung der überschießenden Wirkung der Grunderwerbsteuerreform
    bei börsennotierten Kapitalgesellschaften}, volume={74}, number={25}, journal={Betriebs-Berater},
    publisher={Deutscher Fachverlag GmbH }, author={Arbeitskreis Steuern der Schmalenbach-Gesellschaft
    für Betriebswirtschaft, . and Sureth-Sloane, Caren}, year={2019}, pages={1438–1442}
    }'
  chicago: 'Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft,
    ., and Caren Sureth-Sloane. “Ein Lösungsvorschlag zur Vermeidung der überschießenden
    Wirkung der Grunderwerbsteuerreform bei börsennotierten Kapitalgesellschaften.”
    <i>Betriebs-Berater</i> 74, no. 25 (2019): 1438–42.'
  ieee: . Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft
    and C. Sureth-Sloane, “Ein Lösungsvorschlag zur Vermeidung der überschießenden
    Wirkung der Grunderwerbsteuerreform bei börsennotierten Kapitalgesellschaften,”
    <i>Betriebs-Berater</i>, vol. 74, no. 25, pp. 1438–1442, 2019.
  mla: Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft,
    ., and Caren Sureth-Sloane. “Ein Lösungsvorschlag zur Vermeidung der überschießenden
    Wirkung der Grunderwerbsteuerreform bei börsennotierten Kapitalgesellschaften.”
    <i>Betriebs-Berater</i>, vol. 74, no. 25, Deutscher Fachverlag GmbH , 2019, pp.
    1438–42.
  short: . Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft,
    C. Sureth-Sloane, Betriebs-Berater 74 (2019) 1438–1442.
date_created: 2020-08-07T11:55:21Z
date_updated: 2024-04-08T11:09:21Z
department:
- _id: '187'
- _id: '635'
intvolume: '        74'
issue: '25'
language:
- iso: ger
page: 1438-1442
publication: Betriebs-Berater
publisher: 'Deutscher Fachverlag GmbH '
status: public
title: Ein Lösungsvorschlag zur Vermeidung der überschießenden Wirkung der Grunderwerbsteuerreform
  bei börsennotierten Kapitalgesellschaften
type: journal_article
user_id: '530'
volume: 74
year: '2019'
...
---
_id: '29314'
abstract:
- lang: eng
  text: Employing credit default swap (CDS) data for a sample of 52 major banks across
    18 countries from 2008 to 2016, this paper investigates determinants of the outstanding
    net notional amount of CDS which are written on banks. We extend the current literature
    dealing with CDS trading by analyzing further CDS trading-specific, fundamental
    bank-specific as well as macroeconomic and institutional determinants with a focus
    on bank CDS trading. We find that, next to well-discussed determinants for corporate
    firms in the literature, especially a bank's tail risk, capital adequacy, loan
    portfolio and business model affect a bank's outstanding CDS net notional. This
    finding indicates that investors in the bank CDS market partly have a recourse
    to a fundamental analysis for their investment decision. Our study fills an important
    gap since empirical studies have solely focused on sovereign and corporate CDS
    yet. In addition, the analysis at hand provides important implications for both
    academics and practitioners since understanding the trading motives of bank CDS
    investors gives deeper insights into the still opaque CDS market.
author:
- first_name: Benjamin
  full_name: Hippert, Benjamin
  last_name: Hippert
- first_name: André
  full_name: Uhde, André
  id: '36049'
  last_name: Uhde
  orcid: https://orcid.org/0000-0002-8058-8857
- first_name: Sascha Tobias
  full_name: Wengerek, Sascha Tobias
  last_name: Wengerek
citation:
  ama: Hippert B, Uhde A, Wengerek ST. <i>Determinants of CDS Trading on Major Banks</i>.;
    2019.
  apa: Hippert, B., Uhde, A., &#38; Wengerek, S. T. (2019). <i>Determinants of CDS
    trading on major banks</i>.
  bibtex: '@book{Hippert_Uhde_Wengerek_2019, title={Determinants of CDS trading on
    major banks}, author={Hippert, Benjamin and Uhde, André and Wengerek, Sascha Tobias},
    year={2019} }'
  chicago: Hippert, Benjamin, André Uhde, and Sascha Tobias Wengerek. <i>Determinants
    of CDS Trading on Major Banks</i>, 2019.
  ieee: B. Hippert, A. Uhde, and S. T. Wengerek, <i>Determinants of CDS trading on
    major banks</i>. 2019.
  mla: Hippert, Benjamin, et al. <i>Determinants of CDS Trading on Major Banks</i>.
    2019.
  short: B. Hippert, A. Uhde, S.T. Wengerek, Determinants of CDS Trading on Major
    Banks, 2019.
date_created: 2022-01-13T11:12:03Z
date_updated: 2024-04-17T13:35:25Z
department:
- _id: '186'
- _id: '19'
jel:
- G10
- G12
- G21
keyword:
- banking
- outstanding CDS net notional
- determinants of bank CDS trading
language:
- iso: eng
status: public
title: Determinants of CDS trading on major banks
type: working_paper
user_id: '21810'
year: '2019'
...
---
_id: '13145'
abstract:
- lang: eng
  text: 'Employing credit default swap (CDS) data for a sample of 52 major banks across
    18 countries from 2008 to 2016, this paper investigates determinants of the outstanding
    net notional amount of CDS which are written on banks. We extend the current literature
    dealing with CDS trading by analyzing further CDS trading-specific, fundamental
    bank-specific as well as macroeconomic and institutional determinants with a focus
    on bank CDS trading. We find that, next to well-discussed determinants for corporate
    firms in the literature, especially a bank''s tail risk, capital adequacy, loan
    portfolio and business model affect a bank''s outstanding CDS net notional. This
    finding indicates that investors in the bank CDS market partly have a recourse
    to a fundamental analysis for their investment decision. Our study fills an important
    gap since empirical studies have solely focused on sovereign and corporate CDS
    yet. In addition, the analysis at hand provides important implications for both
    academics and practitioners since understanding the trading motives of bank CDS
    investors gives deeper insights into the still opaque CDS market. '
author:
- first_name: Benjamin
  full_name: Hippert, Benjamin
  id: '48476'
  last_name: Hippert
- first_name: André
  full_name: Uhde, André
  id: '36049'
  last_name: Uhde
  orcid: https://orcid.org/0000-0002-8058-8857
- first_name: Sascha Tobias
  full_name: Wengerek, Sascha Tobias
  id: '48837'
  last_name: Wengerek
  orcid: 0000-0002-7820-3903
citation:
  ama: Hippert B, Uhde A, Wengerek ST. <i>Determinants of CDS Trading on Major Banks</i>.;
    2019.
  apa: Hippert, B., Uhde, A., &#38; Wengerek, S. T. (2019). <i>Determinants of CDS
    trading on major banks</i>.
  bibtex: '@book{Hippert_Uhde_Wengerek_2019, place={Working Papers Dissertations from
    Paderborn University, Faculty of Business Administration and Economics}, series={No
    51}, title={Determinants of CDS trading on major banks}, author={Hippert, Benjamin
    and Uhde, André and Wengerek, Sascha Tobias}, year={2019}, collection={No 51}
    }'
  chicago: Hippert, Benjamin, André Uhde, and Sascha Tobias Wengerek. <i>Determinants
    of CDS Trading on Major Banks</i>. No 51. Working Papers Dissertations from Paderborn
    University, Faculty of Business Administration and Economics, 2019.
  ieee: B. Hippert, A. Uhde, and S. T. Wengerek, <i>Determinants of CDS trading on
    major banks</i>. Working Papers Dissertations from Paderborn University, Faculty
    of Business Administration and Economics, 2019.
  mla: Hippert, Benjamin, et al. <i>Determinants of CDS Trading on Major Banks</i>.
    2019.
  short: B. Hippert, A. Uhde, S.T. Wengerek, Determinants of CDS Trading on Major
    Banks, Working Papers Dissertations from Paderborn University, Faculty of Business
    Administration and Economics, 2019.
date_created: 2019-09-06T07:46:50Z
date_updated: 2024-04-17T13:35:52Z
department:
- _id: '186'
- _id: '188'
jel:
- G10
- G12
- G21
keyword:
- banking
- outstanding CDS net notional
- determinants of bank CDS trading
language:
- iso: eng
place: Working Papers Dissertations from Paderborn University, Faculty of Business
  Administration and Economics
series_title: No 51
status: public
title: Determinants of CDS trading on major banks
type: working_paper
user_id: '36049'
year: '2019'
...
---
_id: '5170'
abstract:
- lang: eng
  text: "Employing credit default swap (CDS) data for a sample of 52 major banks across
    18\r\ncountries from 2008 to 2016, this paper investigates determinants of the
    outstanding\r\nnet notional amount of CDS which are written on banks. We extend
    the current\r\nliterature dealing with CDS trading by analyzing further CDS trading-specifi\fc,\r\nfundamental
    bank-speci\ffic as well as macroeconomic and institutional determinants\r\nwith
    a focus on bank CDS trading. We fi\fnd that, next to well-discussed determinants\r\nfor
    corporate \ffirms in the literature, especially a bank's tail risk, capital adequacy,\r\nloan
    portfolio and business model affect a bank's outstanding CDS net notional.\r\nThis
    \ffinding indicates that investors in the bank CDS market partly have a recourse\r\nto
    a fundamental analysis for their investment decision. Our study \ffills an important\r\ngap
    since empirical studies have solely focused on sovereign and corporate CDS yet.\r\nIn
    addition, the analysis at hand provides important implications for both academics\r\nand
    practitioners since understanding the trading motives of bank CDS investors\r\ngives
    deeper insights into the still opaque CDS market."
author:
- first_name: Benjamin
  full_name: Hippert, Benjamin
  id: '48476'
  last_name: Hippert
- first_name: André
  full_name: Uhde, André
  id: '36049'
  last_name: Uhde
  orcid: https://orcid.org/0000-0002-8058-8857
citation:
  ama: Hippert B, Uhde A. <i>Determinants of CDS Trading on Major Banks</i>.
  apa: Hippert, B., &#38; Uhde, A. (n.d.). <i>Determinants of CDS trading on major
    banks</i>.
  bibtex: '@book{Hippert_Uhde, title={Determinants of CDS trading on major banks},
    author={Hippert, Benjamin and Uhde, André} }'
  chicago: Hippert, Benjamin, and André Uhde. <i>Determinants of CDS Trading on Major
    Banks</i>, n.d.
  ieee: B. Hippert and A. Uhde, <i>Determinants of CDS trading on major banks</i>.
    .
  mla: Hippert, Benjamin, and André Uhde. <i>Determinants of CDS Trading on Major
    Banks</i>.
  short: B. Hippert, A. Uhde, Determinants of CDS Trading on Major Banks, n.d.
date_created: 2018-10-31T10:05:47Z
date_updated: 2024-04-17T13:35:47Z
department:
- _id: '186'
- _id: '188'
jel:
- G10
- G12
- G21
keyword:
- banking
- outstanding CDS net notional
- determinants of bank CDS trading
language:
- iso: eng
publication_status: submitted
status: public
title: Determinants of CDS trading on major banks
type: working_paper
user_id: '36049'
year: '2019'
...
---
_id: '15392'
abstract:
- lang: eng
  text: "Employing a sample of 492 merger and acquisition (M&A) announcements from\r\n284
    acquirers across North America and Europe between 2005 and 2018, this study\r\nanalyzes
    the impact of M&A announcements on an acquirers abnormal CDS spread\r\nchanges.
    We \fnd that spreads from CDS which are written on acquirers increase\r\nby 310
    bps during a symmetric \fve-day event window suggesting that investors\r\nexpect
    an increase in the acquirers credit risk exposure due to M&As. Next to\r\nthis
    baseline \fnding, we conduct a large variety of sensitivity analyses to gain more\r\ninsight
    into the driving factors of the rising risk perception of CDS investors due to\r\nM&A
    announcements."
author:
- first_name: André
  full_name: Uhde, André
  id: '36049'
  last_name: Uhde
  orcid: https://orcid.org/0000-0002-8058-8857
- first_name: Benjamin
  full_name: Hippert, Benjamin
  id: '48476'
  last_name: Hippert
citation:
  ama: Uhde A, Hippert B. <i>The Relationship between Announcements of Complete Mergers
    and Acquisitions and Acquirers’ Abnormal CDS-Spread Changes</i>.; 2019.
  apa: Uhde, A., &#38; Hippert, B. (2019). <i>The relationship between announcements
    of complete mergers and acquisitions and acquirers’ abnormal CDS-Spread changes</i>.
  bibtex: '@book{Uhde_Hippert_2019, title={The relationship between announcements
    of complete mergers and acquisitions and acquirers’ abnormal CDS-Spread changes},
    author={Uhde, André and Hippert, Benjamin}, year={2019} }'
  chicago: Uhde, André, and Benjamin Hippert. <i>The Relationship between Announcements
    of Complete Mergers and Acquisitions and Acquirers’ Abnormal CDS-Spread Changes</i>,
    2019.
  ieee: A. Uhde and B. Hippert, <i>The relationship between announcements of complete
    mergers and acquisitions and acquirers’ abnormal CDS-Spread changes</i>. 2019.
  mla: Uhde, André, and Benjamin Hippert. <i>The Relationship between Announcements
    of Complete Mergers and Acquisitions and Acquirers’ Abnormal CDS-Spread Changes</i>.
    2019.
  short: A. Uhde, B. Hippert, The Relationship between Announcements of Complete Mergers
    and Acquisitions and Acquirers’ Abnormal CDS-Spread Changes, 2019.
date_created: 2019-12-18T15:53:47Z
date_updated: 2024-04-17T13:35:41Z
department:
- _id: '19'
- _id: '186'
jel:
- G14
- G34
keyword:
- credit default swaps
- risk perception of CDS investors
- mergers and acquisitions
- event study
language:
- iso: eng
status: public
title: The relationship between announcements of complete mergers and acquisitions
  and acquirers' abnormal CDS-Spread changes
type: working_paper
user_id: '36049'
year: '2019'
...
---
_id: '37346'
author:
- first_name: Jens
  full_name: Müller, Jens
  id: '1245'
  last_name: Müller
- first_name: Vanessa
  full_name: Gawehn, Vanessa
  id: '52547'
  last_name: Gawehn
citation:
  ama: Müller J, Gawehn V. <i>Tax Avoidance - Are Banks Any Different?</i>; 2019.
  apa: Müller, J., &#38; Gawehn, V. (2019). <i>Tax Avoidance - Are Banks Any Different?</i>
  bibtex: '@book{Müller_Gawehn_2019, title={Tax Avoidance - Are Banks Any Different?},
    author={Müller, Jens and Gawehn, Vanessa}, year={2019} }'
  chicago: Müller, Jens, and Vanessa Gawehn. <i>Tax Avoidance - Are Banks Any Different?</i>,
    2019.
  ieee: J. Müller and V. Gawehn, <i>Tax Avoidance - Are Banks Any Different?</i> 2019.
  mla: Müller, Jens, and Vanessa Gawehn. <i>Tax Avoidance - Are Banks Any Different?</i>
    2019.
  short: J. Müller, V. Gawehn, Tax Avoidance - Are Banks Any Different?, 2019.
date_created: 2023-01-18T12:11:27Z
date_updated: 2023-01-24T10:31:34Z
department:
- _id: '189'
- _id: '635'
language:
- iso: eng
status: public
title: Tax Avoidance - Are Banks Any Different?
type: working_paper
user_id: '83776'
year: '2019'
...
---
_id: '14903'
author:
- first_name: Stefan
  full_name: Asenkerschbaumer, Stefan
  last_name: Asenkerschbaumer
- first_name: Caren
  full_name: Sureth-Sloane, Caren
  id: '530'
  last_name: Sureth-Sloane
  orcid: ' 0000-0002-8183-5901'
citation:
  ama: Asenkerschbaumer S, Sureth-Sloane C. Aus Daten müssen Informationen werden.
    <i>Frankfurter Allgemeine Zeitung</i>. 2019.
  apa: Asenkerschbaumer, S., &#38; Sureth-Sloane, C. (2019). Aus Daten müssen Informationen
    werden. <i>Frankfurter Allgemeine Zeitung</i>, <i>209</i>.
  bibtex: '@article{Asenkerschbaumer_Sureth-Sloane_2019, title={Aus Daten müssen Informationen
    werden}, number={209}, journal={Frankfurter Allgemeine Zeitung}, author={Asenkerschbaumer,
    Stefan and Sureth-Sloane, Caren}, year={2019} }'
  chicago: Asenkerschbaumer, Stefan, and Caren Sureth-Sloane. “Aus Daten müssen Informationen
    werden.” <i>Frankfurter Allgemeine Zeitung</i>, 2019.
  ieee: S. Asenkerschbaumer and C. Sureth-Sloane, “Aus Daten müssen Informationen
    werden,” <i>Frankfurter Allgemeine Zeitung</i>, no. 209, 2019.
  mla: Asenkerschbaumer, Stefan, and Caren Sureth-Sloane. “Aus Daten müssen Informationen
    werden.” <i>Frankfurter Allgemeine Zeitung</i>, no. 209, 2019.
  short: S. Asenkerschbaumer, C. Sureth-Sloane, Frankfurter Allgemeine Zeitung (2019).
date_created: 2019-11-13T08:16:56Z
date_updated: 2023-07-13T13:10:29Z
department:
- _id: '187'
issue: '209'
language:
- iso: ger
page: '18'
publication: Frankfurter Allgemeine Zeitung
publication_date: 2019-09-09
publication_status: published
status: public
title: Aus Daten müssen Informationen werden
type: newspaper_article
user_id: '68544'
year: '2019'
...
---
_id: '3520'
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Annette
  full_name: Hofmann, Annette
  last_name: Hofmann
citation:
  ama: 'Pelster M, Hofmann A. About the Fear of Reputational Loss: Social Trading
    and the Disposition Effect. <i>Journal of Banking &#38; Finance</i>. 2018. doi:<a
    href="https://doi.org/10.1016/j.jbankfin.2018.07.003">10.1016/j.jbankfin.2018.07.003</a>'
  apa: 'Pelster, M., &#38; Hofmann, A. (2018). About the Fear of Reputational Loss:
    Social Trading and the Disposition Effect. <i>Journal of Banking &#38; Finance</i>.
    <a href="https://doi.org/10.1016/j.jbankfin.2018.07.003">https://doi.org/10.1016/j.jbankfin.2018.07.003</a>'
  bibtex: '@article{Pelster_Hofmann_2018, title={About the Fear of Reputational Loss:
    Social Trading and the Disposition Effect}, DOI={<a href="https://doi.org/10.1016/j.jbankfin.2018.07.003">10.1016/j.jbankfin.2018.07.003</a>},
    journal={Journal of Banking &#38; Finance}, author={Pelster, Matthias and Hofmann,
    Annette}, year={2018} }'
  chicago: 'Pelster, Matthias, and Annette Hofmann. “About the Fear of Reputational
    Loss: Social Trading and the Disposition Effect.” <i>Journal of Banking &#38;
    Finance</i>, 2018. <a href="https://doi.org/10.1016/j.jbankfin.2018.07.003">https://doi.org/10.1016/j.jbankfin.2018.07.003</a>.'
  ieee: 'M. Pelster and A. Hofmann, “About the Fear of Reputational Loss: Social Trading
    and the Disposition Effect,” <i>Journal of Banking &#38; Finance</i>, 2018.'
  mla: 'Pelster, Matthias, and Annette Hofmann. “About the Fear of Reputational Loss:
    Social Trading and the Disposition Effect.” <i>Journal of Banking &#38; Finance</i>,
    2018, doi:<a href="https://doi.org/10.1016/j.jbankfin.2018.07.003">10.1016/j.jbankfin.2018.07.003</a>.'
  short: M. Pelster, A. Hofmann, Journal of Banking &#38; Finance (2018).
date_created: 2018-07-10T08:13:12Z
date_updated: 2022-01-06T06:59:21Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jbankfin.2018.07.003
publication: Journal of Banking & Finance
status: public
title: 'About the Fear of Reputational Loss: Social Trading and the Disposition Effect'
type: journal_article
user_id: '67265'
year: '2018'
...
---
_id: '3902'
abstract:
- lang: eng
  text: All over the world, firms and governments are increasingly concerned about
    the rise in tax complexity. To manage it and develop effective simplification
    measures, detailed information on the current drivers of complexity is required.
    However, research on this topic is scarce. This is surprising as the latest developments-for
    example, those triggered by the BEPS project-have given rise to the conjecture
    that complexity drivers may have changed, thus questioning the findings of prior
    studies. In this article, we shed light on this issue and provide a global picture
    of the current drivers of tax complexity that multinational corporations face
    based on a survey of 221 highly experienced tax consultants from 108 countries.
    Our results show that prior complexity drivers of the tax code are still important,
    with details and changes of tax regulations being the two most important complexity
    drivers. We also find evidence for new important complexity drivers emerging from
    different areas of the tax framework, such as inconsistent decisions among tax
    officers (tax audits) or retroactively applied tax law amendments (tax enactment).
    Based on the tax consultants' responses, we develop a concept of tax complexity
    that is characterized by two pillars, tax code and tax framework complexity and
    illustrates the various aspects that should be considered when assessing the complexity
    of a country's tax system.
article_type: original
author:
- first_name: Thomas
  full_name: Hoppe, Thomas
  id: '22671'
  last_name: Hoppe
- first_name: Deborah
  full_name: Schanz, Deborah
  last_name: Schanz
- first_name: Susann
  full_name: Sturm, Susann
  last_name: Sturm
- first_name: Caren
  full_name: Sureth-Sloane, Caren
  id: '530'
  last_name: Sureth-Sloane
citation:
  ama: Hoppe T, Schanz D, Sturm S, Sureth-Sloane C. What are the Drivers of Tax Complexity
    for MNCs? Global Evidence. <i>Intertax</i>. 2018;46(8/9):654-675.
  apa: Hoppe, T., Schanz, D., Sturm, S., &#38; Sureth-Sloane, C. (2018). What are
    the Drivers of Tax Complexity for MNCs? Global Evidence. <i>Intertax</i>, <i>46</i>(8/9),
    654–675.
  bibtex: '@article{Hoppe_Schanz_Sturm_Sureth-Sloane_2018, title={What are the Drivers
    of Tax Complexity for MNCs? Global Evidence}, volume={46}, number={8/9}, journal={Intertax},
    publisher={Kluwer Law International}, author={Hoppe, Thomas and Schanz, Deborah
    and Sturm, Susann and Sureth-Sloane, Caren}, year={2018}, pages={654–675} }'
  chicago: 'Hoppe, Thomas, Deborah Schanz, Susann Sturm, and Caren Sureth-Sloane.
    “What Are the Drivers of Tax Complexity for MNCs? Global Evidence.” <i>Intertax</i>
    46, no. 8/9 (2018): 654–75.'
  ieee: T. Hoppe, D. Schanz, S. Sturm, and C. Sureth-Sloane, “What are the Drivers
    of Tax Complexity for MNCs? Global Evidence,” <i>Intertax</i>, vol. 46, no. 8/9,
    pp. 654–675, 2018.
  mla: Hoppe, Thomas, et al. “What Are the Drivers of Tax Complexity for MNCs? Global
    Evidence.” <i>Intertax</i>, vol. 46, no. 8/9, Kluwer Law International, 2018,
    pp. 654–75.
  short: T. Hoppe, D. Schanz, S. Sturm, C. Sureth-Sloane, Intertax 46 (2018) 654–675.
date_created: 2018-08-13T11:38:40Z
date_updated: 2022-01-06T06:59:54Z
ddc:
- '330'
department:
- _id: '187'
- _id: '635'
file:
- access_level: closed
  content_type: application/pdf
  creator: hoppet
  date_created: 2019-03-02T12:25:33Z
  date_updated: 2019-03-02T12:25:33Z
  file_id: '8182'
  file_name: Hoppe et al. 2018.pdf
  file_size: 4660077
  relation: main_file
  success: 1
file_date_updated: 2019-03-02T12:25:33Z
has_accepted_license: '1'
intvolume: '        46'
issue: 8/9
language:
- iso: eng
page: 654-675
project:
- _id: '37'
  grant_number: P01
  name: Der Einfluss von steuerlicher Regulierung auf multinationale Unternehmen
publication: Intertax
publication_identifier:
  issn:
  - "\t0165-2826"
publication_status: published
publisher: Kluwer Law International
quality_controlled: '1'
status: public
title: What are the Drivers of Tax Complexity for MNCs? Global Evidence
type: journal_article
user_id: '68607'
volume: 46
year: '2018'
...
---
_id: '20876'
author:
- first_name: Sönke
  full_name: Sievers, Sönke
  id: '46447'
  last_name: Sievers
- first_name: Georg
  full_name: Keienburg, Georg
  last_name: Keienburg
- first_name: Timo
  full_name: Schmid, Timo
  last_name: Schmid
- first_name: Dominik
  full_name: Degen, Dominik
  last_name: Degen
citation:
  ama: Sievers S, Keienburg G, Schmid T, Degen D. <i>Synergies Take Center Stage</i>.
    The Boston Consulting Group, Inc., M&#38;A Report; 2018.
  apa: Sievers, S., Keienburg, G., Schmid, T., &#38; Degen, D. (2018). <i>Synergies
    Take Center Stage</i>. The Boston Consulting Group, Inc., M&#38;A Report.
  bibtex: '@book{Sievers_Keienburg_Schmid_Degen_2018, title={Synergies Take Center
    Stage}, publisher={The Boston Consulting Group, Inc., M&#38;A Report}, author={Sievers,
    Sönke and Keienburg, Georg and Schmid, Timo and Degen, Dominik}, year={2018} }'
  chicago: Sievers, Sönke, Georg Keienburg, Timo Schmid, and Dominik Degen. <i>Synergies
    Take Center Stage</i>. The Boston Consulting Group, Inc., M&#38;A Report, 2018.
  ieee: S. Sievers, G. Keienburg, T. Schmid, and D. Degen, <i>Synergies Take Center
    Stage</i>. The Boston Consulting Group, Inc., M&#38;A Report, 2018.
  mla: Sievers, Sönke, et al. <i>Synergies Take Center Stage</i>. The Boston Consulting
    Group, Inc., M&#38;A Report, 2018.
  short: S. Sievers, G. Keienburg, T. Schmid, D. Degen, Synergies Take Center Stage,
    The Boston Consulting Group, Inc., M&#38;A Report, 2018.
date_created: 2021-01-06T08:39:28Z
date_updated: 2022-01-06T06:54:41Z
department:
- _id: '275'
language:
- iso: eng
main_file_link:
- url: https://en.wiwi.uni-paderborn.de/fileadmin/dep2ls9/Dateien_Sievers/BCG-Synergies-Take-Center-Stage-Sep-2018_FINAL.
publication_status: published
publisher: The Boston Consulting Group, Inc., M&A Report
status: public
title: Synergies Take Center Stage
type: report
user_id: '46447'
year: '2018'
...
---
_id: '20878'
author:
- first_name: Sönke
  full_name: Sievers, Sönke
  id: '46447'
  last_name: Sievers
citation:
  ama: 'Sievers S. <i>Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte Erfolgsmessung
    von M&#38;A Transaktionen – Deutsche und weltweite Evidenz.</i>; 2018.'
  apa: 'Sievers, S. (2018). <i>Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte
    Erfolgsmessung von M&#38;A Transaktionen – Deutsche und weltweite Evidenz.</i>'
  bibtex: '@book{Sievers_2018, title={Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte
    Erfolgsmessung von M&#38;A Transaktionen – Deutsche und weltweite Evidenz.}, author={Sievers,
    Sönke}, year={2018} }'
  chicago: 'Sievers, Sönke. <i>Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte
    Erfolgsmessung von M&#38;A Transaktionen – Deutsche und weltweite Evidenz.</i>,
    2018.'
  ieee: 'S. Sievers, <i>Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte
    Erfolgsmessung von M&#38;A Transaktionen – Deutsche und weltweite Evidenz.</i>
    2018.'
  mla: 'Sievers, Sönke. <i>Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte
    Erfolgsmessung von M&#38;A Transaktionen – Deutsche und weltweite Evidenz.</i>
    2018.'
  short: 'S. Sievers, Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte Erfolgsmessung
    von M&#38;A Transaktionen – Deutsche und weltweite Evidenz., 2018.'
date_created: 2021-01-06T10:05:37Z
date_updated: 2022-01-06T06:54:41Z
department:
- _id: '275'
language:
- iso: ger
main_file_link:
- url: https://www.tax-legal-excellence.com/kapitalmarktorientierte-erfolgsmessung-ma-transaktionen-weltweite-evidenz/
publication_status: published
status: public
title: 'Blog post by Prof. Sönke Sievers: Kapitalmarktorientierte Erfolgsmessung von
  M&A Transaktionen – Deutsche und weltweite Evidenz.'
type: report
user_id: '46447'
year: '2018'
...
---
_id: '20879'
author:
- first_name: Sönke
  full_name: Sievers, Sönke
  id: '46447'
  last_name: Sievers
- first_name: Dominik
  full_name: Degen, Dominik
  last_name: Degen
- first_name: Georg
  full_name: Keienburg, Georg
  last_name: Keienburg
- first_name: Timo
  full_name: Schmid, Timo
  last_name: Schmid
- first_name: Jens
  full_name: Kengelbach, Jens
  last_name: Kengelbach
citation:
  ama: Sievers S, Degen D, Keienburg G, Schmid T, Kengelbach J. <i>Update on the M&#38;A
    Market Entitled As Prices Peak, Should Dealmakers Wait for the next Downturn?</i>
    The Boston Consulting Group, Inc., M&#38;A Report; 2018.
  apa: Sievers, S., Degen, D., Keienburg, G., Schmid, T., &#38; Kengelbach, J. (2018).
    <i>Update on the M&#38;A market entitled As Prices Peak, Should Dealmakers wait
    for the next Downturn?</i> The Boston Consulting Group, Inc., M&#38;A Report.
  bibtex: '@book{Sievers_Degen_Keienburg_Schmid_Kengelbach_2018, title={Update on
    the M&#38;A market entitled As Prices Peak, Should Dealmakers wait for the next
    Downturn?}, publisher={The Boston Consulting Group, Inc., M&#38;A Report}, author={Sievers,
    Sönke and Degen, Dominik and Keienburg, Georg and Schmid, Timo and Kengelbach,
    Jens}, year={2018} }'
  chicago: Sievers, Sönke, Dominik Degen, Georg Keienburg, Timo Schmid, and Jens Kengelbach.
    <i>Update on the M&#38;A Market Entitled As Prices Peak, Should Dealmakers Wait
    for the next Downturn?</i> The Boston Consulting Group, Inc., M&#38;A Report,
    2018.
  ieee: S. Sievers, D. Degen, G. Keienburg, T. Schmid, and J. Kengelbach, <i>Update
    on the M&#38;A market entitled As Prices Peak, Should Dealmakers wait for the
    next Downturn?</i> The Boston Consulting Group, Inc., M&#38;A Report, 2018.
  mla: Sievers, Sönke, et al. <i>Update on the M&#38;A Market Entitled As Prices Peak,
    Should Dealmakers Wait for the next Downturn?</i> The Boston Consulting Group,
    Inc., M&#38;A Report, 2018.
  short: S. Sievers, D. Degen, G. Keienburg, T. Schmid, J. Kengelbach, Update on the
    M&#38;A Market Entitled As Prices Peak, Should Dealmakers Wait for the next Downturn?,
    The Boston Consulting Group, Inc., M&#38;A Report, 2018.
date_created: 2021-01-06T10:11:15Z
date_updated: 2022-01-06T06:54:41Z
department:
- _id: '275'
language:
- iso: eng
main_file_link:
- url: https://en.wiwi.uni-paderborn.de/fileadmin/dep2ls9/Dateien_Sievers/BCG-As-Prices-Peak-Should-Dealmakers-Wait-for-the-Next-Downturn-Mar-2018.pdf
publication_status: published
publisher: The Boston Consulting Group, Inc., M&A Report
status: public
title: Update on the M&A market entitled As Prices Peak, Should Dealmakers wait for
  the next Downturn?
type: report
user_id: '46447'
year: '2018'
...
---
_id: '20880'
author:
- first_name: Sönke
  full_name: Sievers, Sönke
  id: '46447'
  last_name: Sievers
- first_name: David T.
  full_name: Robinson, David T.
  last_name: Robinson
- first_name: Niklas
  full_name: Hüther, Niklas
  last_name: Hüther
- first_name: Thomas
  full_name: Hartmann-Wendels, Thomas
  last_name: Hartmann-Wendels
citation:
  ama: 'Sievers S, Robinson DT, Hüther N, Hartmann-Wendels T. <i>Post on Paying for
    Performance in Private Equity: Evidence from VC Partnerships.</i> Havard ; 2018.'
  apa: 'Sievers, S., Robinson, D. T., Hüther, N., &#38; Hartmann-Wendels, T. (2018).
    <i>Post on Paying for Performance in Private Equity: Evidence from VC Partnerships.</i>
    Havard .'
  bibtex: '@book{Sievers_Robinson_Hüther_Hartmann-Wendels_2018, place={Havard }, title={Post
    on Paying for Performance in Private Equity: Evidence from VC Partnerships.},
    author={Sievers, Sönke and Robinson, David T. and Hüther, Niklas and Hartmann-Wendels,
    Thomas}, year={2018} }'
  chicago: 'Sievers, Sönke, David T. Robinson, Niklas Hüther, and Thomas Hartmann-Wendels.
    <i>Post on Paying for Performance in Private Equity: Evidence from VC Partnerships.</i>
    Havard , 2018.'
  ieee: 'S. Sievers, D. T. Robinson, N. Hüther, and T. Hartmann-Wendels, <i>Post on
    Paying for Performance in Private Equity: Evidence from VC Partnerships.</i> Havard
    , 2018.'
  mla: 'Sievers, Sönke, et al. <i>Post on Paying for Performance in Private Equity:
    Evidence from VC Partnerships.</i> 2018.'
  short: 'S. Sievers, D.T. Robinson, N. Hüther, T. Hartmann-Wendels, Post on Paying
    for Performance in Private Equity: Evidence from VC Partnerships., Havard , 2018.'
date_created: 2021-01-06T10:15:11Z
date_updated: 2022-01-06T06:54:41Z
department:
- _id: '275'
language:
- iso: eng
main_file_link:
- url: https://en.wiwi.uni-paderborn.de/fileadmin/dep2ls9/Dateien_Sievers/2018-01-13-paying-for-performance-in-private-equity-evidence-from-vc-par....pdf
place: 'Havard '
publication_status: published
status: public
title: 'Post on Paying for Performance in Private Equity: Evidence from VC Partnerships.'
type: report
user_id: '46447'
year: '2018'
...
---
_id: '4865'
author:
- first_name: Stefan
  full_name: Betz, Stefan
  id: '54'
  last_name: Betz
citation:
  ama: 'Betz S. Operative Handlungsempfehlungen für eine kostenorientierte Instandhaltunsplanung.
    In: Betz S, ed. <i>Industrielles Controlling - Planung, Steuerung Und Kontrolle
    von Beschaffung, Produktion Und Logistik</i>. 2nd ed. Hamburg; 2018:87-116.'
  apa: Betz, S. (2018). Operative Handlungsempfehlungen für eine kostenorientierte
    Instandhaltunsplanung. In S. Betz (Ed.), <i>Industrielles Controlling - Planung,
    Steuerung und Kontrolle von Beschaffung, Produktion und Logistik</i> (2nd ed.,
    pp. 87–116). Hamburg.
  bibtex: '@inbook{Betz_2018, place={Hamburg}, edition={2}, title={Operative Handlungsempfehlungen
    für eine kostenorientierte Instandhaltunsplanung}, booktitle={Industrielles Controlling
    - Planung, Steuerung und Kontrolle von Beschaffung, Produktion und Logistik},
    author={Betz, Stefan}, editor={Betz, StefanEditor}, year={2018}, pages={87–116}
    }'
  chicago: Betz, Stefan. “Operative Handlungsempfehlungen Für Eine Kostenorientierte
    Instandhaltunsplanung.” In <i>Industrielles Controlling - Planung, Steuerung Und
    Kontrolle von Beschaffung, Produktion Und Logistik</i>, edited by Stefan Betz,
    2nd ed., 87–116. Hamburg, 2018.
  ieee: S. Betz, “Operative Handlungsempfehlungen für eine kostenorientierte Instandhaltunsplanung,”
    in <i>Industrielles Controlling - Planung, Steuerung und Kontrolle von Beschaffung,
    Produktion und Logistik</i>, 2nd ed., S. Betz, Ed. Hamburg, 2018, pp. 87–116.
  mla: Betz, Stefan. “Operative Handlungsempfehlungen Für Eine Kostenorientierte Instandhaltunsplanung.”
    <i>Industrielles Controlling - Planung, Steuerung Und Kontrolle von Beschaffung,
    Produktion Und Logistik</i>, edited by Stefan Betz, 2nd ed., 2018, pp. 87–116.
  short: 'S. Betz, in: S. Betz (Ed.), Industrielles Controlling - Planung, Steuerung
    Und Kontrolle von Beschaffung, Produktion Und Logistik, 2nd ed., Hamburg, 2018,
    pp. 87–116.'
date_created: 2018-10-25T10:29:49Z
date_updated: 2022-01-06T07:01:27Z
department:
- _id: '193'
edition: '2'
editor:
- first_name: Stefan
  full_name: Betz, Stefan
  last_name: Betz
page: 87-116
place: Hamburg
publication: Industrielles Controlling - Planung, Steuerung und Kontrolle von Beschaffung,
  Produktion und Logistik
status: public
title: Operative Handlungsempfehlungen für eine kostenorientierte Instandhaltunsplanung
type: book_chapter
user_id: '21811'
year: '2018'
...
---
_id: '4866'
author:
- first_name: Stefan
  full_name: Betz, Stefan
  id: '54'
  last_name: Betz
citation:
  ama: 'Betz S. Innovationsrisikomanagement bei unsicheren Cash-Flow-Prognosen. In:
    Betz S, ed. <i>Industrielles Controlling - Planung, Steuerung Und Kontrolle von
    Beschaffung, Produktion Und Logistik</i>. 2nd ed. Hamburg; 2018:147-178.'
  apa: Betz, S. (2018). Innovationsrisikomanagement bei unsicheren Cash-Flow-Prognosen.
    In S. Betz (Ed.), <i>Industrielles Controlling - Planung, Steuerung und Kontrolle
    von Beschaffung, Produktion und Logistik</i> (2nd ed., pp. 147–178). Hamburg.
  bibtex: '@inbook{Betz_2018, place={Hamburg}, edition={2}, title={Innovationsrisikomanagement
    bei unsicheren Cash-Flow-Prognosen}, booktitle={Industrielles Controlling - Planung,
    Steuerung und Kontrolle von Beschaffung, Produktion und Logistik}, author={Betz,
    Stefan}, editor={Betz, StefanEditor}, year={2018}, pages={147–178} }'
  chicago: Betz, Stefan. “Innovationsrisikomanagement Bei Unsicheren Cash-Flow-Prognosen.”
    In <i>Industrielles Controlling - Planung, Steuerung Und Kontrolle von Beschaffung,
    Produktion Und Logistik</i>, edited by Stefan Betz, 2nd ed., 147–78. Hamburg,
    2018.
  ieee: S. Betz, “Innovationsrisikomanagement bei unsicheren Cash-Flow-Prognosen,”
    in <i>Industrielles Controlling - Planung, Steuerung und Kontrolle von Beschaffung,
    Produktion und Logistik</i>, 2nd ed., S. Betz, Ed. Hamburg, 2018, pp. 147–178.
  mla: Betz, Stefan. “Innovationsrisikomanagement Bei Unsicheren Cash-Flow-Prognosen.”
    <i>Industrielles Controlling - Planung, Steuerung Und Kontrolle von Beschaffung,
    Produktion Und Logistik</i>, edited by Stefan Betz, 2nd ed., 2018, pp. 147–78.
  short: 'S. Betz, in: S. Betz (Ed.), Industrielles Controlling - Planung, Steuerung
    Und Kontrolle von Beschaffung, Produktion Und Logistik, 2nd ed., Hamburg, 2018,
    pp. 147–178.'
date_created: 2018-10-25T10:32:40Z
date_updated: 2022-01-06T07:01:27Z
department:
- _id: '193'
edition: '2'
editor:
- first_name: Stefan
  full_name: Betz, Stefan
  last_name: Betz
page: 147-178
place: Hamburg
publication: Industrielles Controlling - Planung, Steuerung und Kontrolle von Beschaffung,
  Produktion und Logistik
status: public
title: Innovationsrisikomanagement bei unsicheren Cash-Flow-Prognosen
type: book_chapter
user_id: '21811'
year: '2018'
...
---
_id: '4867'
citation:
  ama: Betz S, ed. <i>Industrielles Controlling - Planung, Steuerung Und Kontrolle
    von Beschaffung, Produktion Und Logistik</i>. 2nd ed. Hamburg; 2018.
  apa: Betz, S. (Ed.). (2018). <i>Industrielles Controlling - Planung, Steuerung und
    Kontrolle von Beschaffung, Produktion und Logistik</i> (2nd ed.). Hamburg.
  bibtex: '@book{Betz_2018, place={Hamburg}, edition={2}, title={Industrielles Controlling
    - Planung, Steuerung und Kontrolle von Beschaffung, Produktion und Logistik},
    year={2018} }'
  chicago: Betz, Stefan, ed. <i>Industrielles Controlling - Planung, Steuerung Und
    Kontrolle von Beschaffung, Produktion Und Logistik</i>. 2nd ed. Hamburg, 2018.
  ieee: S. Betz, Ed., <i>Industrielles Controlling - Planung, Steuerung und Kontrolle
    von Beschaffung, Produktion und Logistik</i>, 2nd ed. Hamburg, 2018.
  mla: Betz, Stefan, editor. <i>Industrielles Controlling - Planung, Steuerung Und
    Kontrolle von Beschaffung, Produktion Und Logistik</i>. 2nd ed., 2018.
  short: S. Betz, ed., Industrielles Controlling - Planung, Steuerung Und Kontrolle
    von Beschaffung, Produktion Und Logistik, 2nd ed., Hamburg, 2018.
date_created: 2018-10-25T10:34:05Z
date_updated: 2022-01-06T07:01:27Z
department:
- _id: '193'
edition: '2'
editor:
- first_name: Stefan
  full_name: Betz, Stefan
  id: '54'
  last_name: Betz
place: Hamburg
status: public
title: Industrielles Controlling - Planung, Steuerung und Kontrolle von Beschaffung,
  Produktion und Logistik
type: book_editor
user_id: '21811'
year: '2018'
...
---
_id: '4394'
abstract:
- lang: eng
  text: "    1. Effektive Besteuerung von Outbound-Investitionen in den USA\r\n    2.
    Qualifikation von Einkünften als passiv\r\n    3. Anwendung des Motivtests auf
    die USA?\r\n    4. Fazit und Ausblick"
article_type: original
author:
- first_name: Markus
  full_name: Schümmer, Markus
  last_name: Schümmer
- first_name: Johannes
  full_name: Leusder, Johannes
  last_name: Leusder
- first_name: Arndt
  full_name: Weinrich, Arndt
  id: '72091'
  last_name: Weinrich
  orcid: 0000-0002-3983-0269
citation:
  ama: Schümmer M, Leusder J, Weinrich A. Implikationen der US-Steuerreform auf die
    Hinzurechnungsbesteuerung nach dem AStG. <i>IStR Internationales Steuerrecht</i>.
    2018.
  apa: Schümmer, M., Leusder, J., &#38; Weinrich, A. (2018). Implikationen der US-Steuerreform
    auf die Hinzurechnungsbesteuerung nach dem AStG. <i>IStR Internationales Steuerrecht</i>.
  bibtex: '@article{Schümmer_Leusder_Weinrich_2018, title={Implikationen der US-Steuerreform
    auf die Hinzurechnungsbesteuerung nach dem AStG}, journal={IStR Internationales
    Steuerrecht}, author={Schümmer, Markus and Leusder, Johannes and Weinrich, Arndt},
    year={2018} }'
  chicago: Schümmer, Markus, Johannes Leusder, and Arndt Weinrich. “Implikationen
    der US-Steuerreform auf die Hinzurechnungsbesteuerung nach dem AStG.” <i>IStR
    Internationales Steuerrecht</i>, 2018.
  ieee: M. Schümmer, J. Leusder, and A. Weinrich, “Implikationen der US-Steuerreform
    auf die Hinzurechnungsbesteuerung nach dem AStG,” <i>IStR Internationales Steuerrecht</i>,
    2018.
  mla: Schümmer, Markus, et al. “Implikationen der US-Steuerreform auf die Hinzurechnungsbesteuerung
    nach dem AStG.” <i>IStR Internationales Steuerrecht</i>, 2018.
  short: M. Schümmer, J. Leusder, A. Weinrich, IStR Internationales Steuerrecht (2018).
date_created: 2018-09-14T08:42:16Z
date_updated: 2022-01-06T07:01:00Z
department:
- _id: '186'
- _id: '189'
extern: '1'
jel:
- H2
- M41
keyword:
- Effektive Besteuerung von Outbound-Investitionen in den USA Qualifikation von Einkünften
  als passiv  Anwendung des Motivtests auf die USA
language:
- iso: ger
publication: IStR Internationales Steuerrecht
publication_status: published
status: public
title: Implikationen der US-Steuerreform auf die Hinzurechnungsbesteuerung nach dem
  AStG
type: journal_article
user_id: '72091'
year: '2018'
...
---
_id: '5007'
abstract:
- lang: eng
  text: This study analyzes the relation between accounting conservatism, future tax
    rate cuts and countries’ level of book-tax conformity. Firms have an incentive
    to increase conservatism in financial reporting when a tax rate cut is imminent
    to shift taxable income into the lower taxed future. Using a panel of firms across
    18 countries from 1995 to 2010 I find that conditional conservatism is positively
    and significantly associated with future tax rate cuts when book-tax conformity
    is high. This effect is particularly pronounced for firms that concentrate the majority
    of their operations in the country in which the tax rate is cut. In contrast,
    there is no significant relation between future tax rate cuts and unconditional
    conservatism.
author:
- first_name: Tobias
  full_name: Bornemann, Tobias
  last_name: Bornemann
citation:
  ama: Bornemann T. <i>Tax Avoidance and Accounting Conservatism</i>. Vol No. 2018-04.;
    2018.
  apa: Bornemann, T. (2018). <i>Tax Avoidance and Accounting Conservatism</i> (Vol.
    No. 2018-04).
  bibtex: '@book{Bornemann_2018, series={WU International Taxation Research Paper
    Series}, title={Tax Avoidance and Accounting Conservatism}, volume={No. 2018-04},
    author={Bornemann, Tobias}, year={2018}, collection={WU International Taxation
    Research Paper Series} }'
  chicago: Bornemann, Tobias. <i>Tax Avoidance and Accounting Conservatism</i>. Vol.
    No. 2018-04. WU International Taxation Research Paper Series, 2018.
  ieee: T. Bornemann, <i>Tax Avoidance and Accounting Conservatism</i>, vol. No. 2018-04.
    2018.
  mla: Bornemann, Tobias. <i>Tax Avoidance and Accounting Conservatism</i>. Vol. No.
    2018-04, 2018.
  short: T. Bornemann, Tax Avoidance and Accounting Conservatism, 2018.
date_created: 2018-10-30T12:14:40Z
date_updated: 2022-01-06T07:01:34Z
department:
- _id: '187'
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID3114054_code1908122.pdf?abstractid=3114054&mirid=1
oa: '1'
series_title: WU International Taxation Research Paper Series
status: public
title: Tax Avoidance and Accounting Conservatism
type: working_paper
user_id: '68607'
volume: No. 2018-04
year: '2018'
...