@techreport{62741,
  author       = {{Bornemann, Tobias}},
  title        = {{{Tax Avoidance and Accounting Conservatism}}},
  doi          = {{10.2139/ssrn.3114054}},
  volume       = {{2018-04}},
  year         = {{2018}},
}

@article{5009,
  abstract     = {{When analyzing the influence of taxation on agency conflicts between firm owners and managers, one can draw on theoretical principal–agent literature from various research fields. In recent years, this interdisciplinary research has grown significantly covering research with regards to optimal compensation, investment decisions, tax avoidance and transfer pricing while analyzing the effects of corporate income taxes, wage taxes, bonus taxes and shareholder taxes. Our paper provides a comprehensive review of analytical literature that studies the influence of taxation on agency conflicts between firm owners and managers. Above and beyond summarizing research findings, we discuss how taxes are commonly implemented in agency models, derive empirical predictions, and identify research gaps for future tax research.}},
  author       = {{Bauer, Thomas and Kourouxous, Thomas and Krenn, Peter}},
  journal      = {{Business Research}},
  number       = {{1}},
  pages        = {{33--76}},
  title        = {{{Taxation and Agency Conflicts between Firm Owners and Managers: A Review}}},
  volume       = {{11}},
  year         = {{2018}},
}

@article{4678,
  abstract     = {{Restrukturierungen werden sowohl durch die Digitalisierung, aber auch durch klassische Themen – beispielsweise
die Notwendigkeit von Umsatz- und Kostensynergien in kompetitiven Märkten – verstärkt vorangetrieben.
Dieser Beitrag beleuchtet vor allem die Motive und Folgen aus wissenschaftlicher Perspektive, indem großzahlige
empirische Befunde zu den Themen Beschäftigung, Finanzkennzahlen und Kapitalerhöhungen sowie steuerliche
Motive prägnant zusammengefasst und im Kontext des geplanten Joint Ventures von thyssenkrupp und Tata
Steel diskutiert werden.}},
  author       = {{Sureth-Sloane, Caren and Sievers, Sönke and Uhde, André}},
  journal      = {{Die Wirtschaftsprüfung}},
  number       = {{9}},
  pages        = {{569--575}},
  title        = {{{Restrukturierungen: operative und finanzielle Wertbeiträge. Eine Betrachtung vor dem Hintergrund der Entwicklungen bei thyssenkrupp}}},
  volume       = {{71}},
  year         = {{2018}},
}

@article{4743,
  abstract     = {{Restrukturierungen werden sowohl durch die Digitalisierung, aber auch durch klassische Themen – beispielsweise
die Notwendigkeit von Umsatz- und Kostensynergien in kompetitiven Märkten – verstärkt vorangetrieben.
Dieser Beitrag beleuchtet vor allem die Motive und Folgen aus wissenschaftlicher Perspektive, indem großzahlige
empirische Befunde zu den Themen Beschäftigung, Finanzkennzahlen und Kapitalerhöhungen sowie steuerliche
Motive prägnant zusammengefasst und im Kontext des geplanten Joint Ventures von thyssenkrupp und Tata
Steel diskutiert werden.}},
  author       = {{Sievers, Sönke and Sureth-Sloane, Caren and Uhde, André}},
  journal      = {{Die Wirtschaftsprüfung}},
  number       = {{9}},
  pages        = {{569--575}},
  title        = {{{Restrukturierungen: operative und finanzielle Wertbeiträge. Eine Betrachtung vor dem Hintergrund der Entwicklungen bei thyssenkrupp}}},
  volume       = {{71}},
  year         = {{2018}},
}

@article{2241,
  abstract     = {{Die Komplexität des Steuersystems stellt auch in Deutschland ein großes Problem dar. Entgegen bisherigen Betrachtungen weist die vorliegende Befragungsstudie darauf hin, dass die Treiber für steuerliche Komplexität deutlich vielfältiger und nicht nur im Gesetz, sondern auch in den steuerlichen Rahmenbedingungen zu verorten sind. Einerseits tragen übermäßig viele Details und häufige oder umfangreiche  Änderungen in erheblichem Maße dazu bei, dass Regelungen – wie solche zu Verrechnungspreisen – als komplex beurteilt werden. Andererseits erweisen sich auch inkonsistente Entscheidungen im Rahmen von Betriebsprüfungen und mangelhafte Gesetzesentwürfe als wesentliche Komplexitätstreiber. Statt einer permanenten Ausweitung von Regulierung sollte künftig der Abbau der im Beitrag identifizierten Probleme gezielt in den Fokus von Wissenschaft, Politik und Praxis rücken.}},
  author       = {{Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}},
  journal      = {{Die Wirtschaftsprüfung}},
  keywords     = {{Steuersystem, Komplexität, Steuergesetz, Steuerliche Rahmenbedingungen, BEPS}},
  number       = {{17}},
  pages        = {{1026--1033}},
  publisher    = {{IDW}},
  title        = {{{Warum ist unser Steuersystem so komplex? Eine befragungsbasierte Analyse}}},
  volume       = {{70}},
  year         = {{2017}},
}

@techreport{2247,
  author       = {{Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}},
  pages        = {{27}},
  title        = {{{2016 Global MNC Tax Complexity Survey - Executive Summary}}},
  doi          = {{10.13140/RG.2.2.23707.46881}},
  year         = {{2017}},
}

@techreport{2250,
  abstract     = {{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, triggered by the BEPS project—give rise to the conjecture that complexity drivers may have changed, thus questioning the findings of prior studies. In this paper, 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 practitioners from 108 countries. Our results show that prior complexity drivers of the tax code are still relevant, with details and changes of tax regulations being the two most influential complexity drivers. We also find evidence for new relevant 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 responses of the practitioners, we develop a concept of tax complexity that distinguishes 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.}},
  author       = {{Hoppe, Thomas and Schanz, Deborah and Sturm, Susann and Sureth-Sloane, Caren}},
  issn         = {{1556-5068}},
  keywords     = {{Complexity Drivers, International Comparison, Survey, Tax Complexity, Tax Practitioners}},
  pages        = {{28}},
  title        = {{{What are the Drivers of Tax Complexity for Multinational Corporations? Evidence from 108 Countries}}},
  doi          = {{10.2139/ssrn.3046546}},
  year         = {{2017}},
}

@techreport{4702,
  author       = {{Flagmeier, Vanessa and Müller, Jens and Sureth-Sloane, Caren}},
  title        = {{{When Do Managers Highlight Their Effective Tax Rate?}}},
  doi          = {{arqus Working Paper No. 214}},
  volume       = {{214}},
  year         = {{2017}},
}

@techreport{4712,
  author       = {{Mehrmann, Annika and Sureth-Sloane, Caren}},
  title        = {{{Tax Loss Offset Restrictions and Biased Perception of Risky Investments}}},
  doi          = {{arqus Working Paper No. 222}},
  volume       = {{222}},
  year         = {{2017}},
}

@book{4713,
  author       = {{Sureth-Sloane, Caren}},
  publisher    = {{Eusl-Verlag, Detmold}},
  title        = {{{Die Fakultät für Wirtschaftswissenschaften an der Universität Paderborn: Zeitzeugen geben Einblicke in den Werdegang ihrer Fakultät}}},
  year         = {{2017}},
}

@phdthesis{5011,
  author       = {{Mehrmann, Annika}},
  publisher    = {{Verlag Dr. Kovac}},
  title        = {{{Der Einfluss steuerlicher Verlustverrechnung auf Investitionsentscheidungen bei Risiko unter Berücksichtigung präskriptiver und deskriptiver Verhaltenselemente}}},
  year         = {{2017}},
}

@phdthesis{5012,
  author       = {{Brinkmann, Bastian}},
  publisher    = {{Verlag Dr. Kovac}},
  title        = {{{Die Bewertung der Steuerstrategie von Unternehmen}}},
  year         = {{2017}},
}

@article{5013,
  author       = {{Bornemann, Tobias and Eberhartinger, Eva}},
  journal      = {{RWZ- Zeitschrift für Recht und Rechnungswesen}},
  number       = {{10}},
  pages        = {{319--325}},
  title        = {{{Die Initiative der EU zum öffentlichen Country-by-Country Reporting}}},
  volume       = {{27}},
  year         = {{2017}},
}

@article{4703,
  abstract     = {{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       = {{Hegemann, Annika and Kunoth, Angela and Rupp, Kristina and Sureth-Sloane, Caren}},
  journal      = {{Review of Managerial Science}},
  number       = {{3}},
  pages        = {{571--603}},
  title        = {{{Hold or Sell? How Capital Gains Taxation Affects Holding Decisions}}},
  doi          = {{10.1007/s11846-016-0197-9 }},
  volume       = {{11}},
  year         = {{2017}},
}

@inbook{5015,
  author       = {{Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, . and Sureth-Sloane, Caren}},
  booktitle    = {{Betriebswirtschaftliche Implikationen der digitalen Transformation}},
  editor       = {{Krause, Stefan and Pellens, Bernhard}},
  pages        = {{143--165}},
  title        = {{{Herausforderungen neuer digitaler Geschäftsmodelle für die Bestimmung von Verrechnungspreisen}}},
  volume       = {{72}},
  year         = {{2017}},
}

@inbook{5017,
  author       = {{Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft, . and Sureth-Sloane, Caren}},
  booktitle    = {{Betriebswirtschaftliche Implikationen der digitalen Transformation}},
  editor       = {{Krause, Stefan and Pellens, Bernhard}},
  pages        = {{123--142}},
  publisher    = {{ZfBF Schmalenbach-Gesellschaft}},
  title        = {{{Digitalisierung und Besteuerung}}},
  volume       = {{72}},
  year         = {{2017}},
}

@article{5016,
  author       = {{Arbeitskreis Verrechnungspreise der Schmalenbach-Gesellschaft für Betriebswirtschaft, . and Sureth-Sloane, Caren}},
  journal      = {{Die Unternehmensbesteuerung}},
  number       = {{9}},
  pages        = {{537--542}},
  publisher    = {{Arbeitskreis Steuern der Schmalenbach-Gesellschaft für Betriebswirtschaft}},
  title        = {{{Immaterielle Vermögenswerte – ausgewählte Fragestellungen aus Sicht der unternehmerischen Praxis und der Wissenschaft}}},
  volume       = {{10}},
  year         = {{2017}},
}

@article{4685,
  abstract     = {{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.}},
  author       = {{Diller, Markus and Kortebusch, Pia and Schneider, Georg and Sureth-Sloane, Caren}},
  journal      = {{European Accounting Review}},
  number       = {{3}},
  pages        = {{441--468}},
  title        = {{{Boon or Bane? Advance Tax Rulings as a Measure to Mitigate Tax Uncertainty and Foster Investment}}},
  doi          = {{10.1080/09638180.2016.1169939}},
  volume       = {{26}},
  year         = {{2017}},
}

@article{62737,
  author       = {{Bornemann, Tobias and Eberhartinger, Eva}},
  journal      = {{Zeitschrift für Recht & Rechnungswesen}},
  pages        = {{319--325}},
  title        = {{{Die Initiative der EU zum öffentlichen Country-by-Country Reporting}}},
  year         = {{2017}},
}

@article{5014,
  abstract     = {{This paper studies the impact of personal and corporate income taxation on capital charge rates in a delegation setting with a risk-averse manager. If the investment level influences the riskiness of the investment project, the capital charge rate deviates from the firm's cost of capital and depends crucially on the manager's personal income tax rate. Contradicting conventional wisdom, we find that a higher personal income tax rate induces higher investment expenditures and, surprisingly, increases the capital charge rate. The countervailing effect that a higher capital charge rate induces higher and not lower investment expenditures persists for pre-tax and after-tax performance measures as well as when the tax deductibility of managerial compensation is limited. Corporate income tax causes a similar effect only in the case of limited tax deductibility of compensation. Our insights remain valid regardless of the financing structure and the risk attitude of the investors.}},
  author       = {{Bauer, Thomas and Kourouxous, Thomas}},
  issn         = {{0963-8180}},
  journal      = {{European Accounting Review}},
  number       = {{3}},
  pages        = {{419--440}},
  publisher    = {{Informa UK Limited}},
  title        = {{{Capital Charge Rates, Investment Incentives and Taxation}}},
  doi          = {{10.1080/09638180.2016.1169938}},
  volume       = {{26}},
  year         = {{2017}},
}