[{"language":[{"iso":"eng"}],"doi":"10.1080/09638180.2016.1169938","publication_identifier":{"issn":["0963-8180","1468-4497"]},"author":[{"last_name":"Bauer","first_name":"Thomas","full_name":"Bauer, Thomas"},{"id":"66936","full_name":"Kourouxous, Thomas","first_name":"Thomas","last_name":"Kourouxous"}],"title":"Capital Charge Rates, Investment Incentives and Taxation","year":"2017","intvolume":"        26","date_updated":"2026-04-09T09:11:35Z","publication_status":"published","date_created":"2018-10-30T12:44:44Z","department":[{"_id":"187"},{"_id":"635"}],"type":"journal_article","publication":"European Accounting Review","issue":"3","abstract":[{"text":"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.","lang":"eng"}],"publisher":"Informa UK Limited","_id":"5014","page":"419-440","volume":26,"user_id":"96670","status":"public","citation":{"mla":"Bauer, Thomas, and Thomas Kourouxous. “Capital Charge Rates, Investment Incentives and Taxation.” <i>European Accounting Review</i>, vol. 26, no. 3, Informa UK Limited, 2017, pp. 419–40, doi:<a href=\"https://doi.org/10.1080/09638180.2016.1169938\">10.1080/09638180.2016.1169938</a>.","ama":"Bauer T, Kourouxous T. Capital Charge Rates, Investment Incentives and Taxation. <i>European Accounting Review</i>. 2017;26(3):419-440. doi:<a href=\"https://doi.org/10.1080/09638180.2016.1169938\">10.1080/09638180.2016.1169938</a>","bibtex":"@article{Bauer_Kourouxous_2017, title={Capital Charge Rates, Investment Incentives and Taxation}, volume={26}, DOI={<a href=\"https://doi.org/10.1080/09638180.2016.1169938\">10.1080/09638180.2016.1169938</a>}, number={3}, journal={European Accounting Review}, publisher={Informa UK Limited}, author={Bauer, Thomas and Kourouxous, Thomas}, year={2017}, pages={419–440} }","apa":"Bauer, T., &#38; Kourouxous, T. (2017). Capital Charge Rates, Investment Incentives and Taxation. <i>European Accounting Review</i>, <i>26</i>(3), 419–440. <a href=\"https://doi.org/10.1080/09638180.2016.1169938\">https://doi.org/10.1080/09638180.2016.1169938</a>","ieee":"T. Bauer and T. Kourouxous, “Capital Charge Rates, Investment Incentives and Taxation,” <i>European Accounting Review</i>, vol. 26, no. 3, pp. 419–440, 2017, doi: <a href=\"https://doi.org/10.1080/09638180.2016.1169938\">10.1080/09638180.2016.1169938</a>.","chicago":"Bauer, Thomas, and Thomas Kourouxous. “Capital Charge Rates, Investment Incentives and Taxation.” <i>European Accounting Review</i> 26, no. 3 (2017): 419–40. <a href=\"https://doi.org/10.1080/09638180.2016.1169938\">https://doi.org/10.1080/09638180.2016.1169938</a>.","short":"T. Bauer, T. Kourouxous, European Accounting Review 26 (2017) 419–440."},"quality_controlled":"1"},{"publication":"Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung","issue":"1","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."}],"date_created":"2018-03-23T14:04:24Z","department":[{"_id":"187"},{"_id":"635"}],"keyword":["Steuerbelastung","Substanzbesteuerung","Ungleiche Vermögensverteilung","Veranlagungssimulation","Vermögensteuer"],"type":"journal_article","publication_identifier":{"issn":["0341-2687","2366-6153"]},"author":[{"last_name":"Hoppe","first_name":"Thomas","full_name":"Hoppe, Thomas","id":"22671"},{"first_name":"Ralf","last_name":"Maiterth","full_name":"Maiterth, Ralf"},{"full_name":"Sureth-Sloane, Caren","first_name":"Caren","last_name":"Sureth-Sloane","id":"530"}],"year":"2016","title":"Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse","intvolume":"        68","article_type":"original","date_updated":"2022-01-06T06:53:17Z","publication_status":"published","language":[{"iso":"ger"}],"main_file_link":[{"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","open_access":"1"}],"doi":"10.1007/s41471-016-0005-x","citation":{"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>.","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} }","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>","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.","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>","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>.","short":"T. Hoppe, R. Maiterth, C. Sureth-Sloane, Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung 68 (2016) 3–45."},"quality_controlled":"1","oa":"1","jel":["H21","H24","H25","C54"],"status":"public","_id":"1771","publisher":"Springer Nature","page":"3-45","volume":68,"user_id":"61801"},{"status":"public","title":"Besteuerung und Rechtsformwahl","year":"2016","author":[{"last_name":"König","first_name":"Rolf","full_name":"König, Rolf"},{"id":"530","last_name":"Sureth-Sloane","first_name":"Caren","full_name":"Sureth-Sloane, Caren"}],"date_updated":"2022-01-06T07:01:19Z","language":[{"iso":"ger"}],"_id":"4714","publisher":"Verlag Neue Wirtschafts-Briefe, Herne","edition":"7","user_id":"61801","citation":{"short":"R. König, C. Sureth-Sloane, Besteuerung und Rechtsformwahl, 7th ed., Verlag Neue Wirtschafts-Briefe, Herne, 2016.","chicago":"König, Rolf, and Caren Sureth-Sloane. <i>Besteuerung und Rechtsformwahl</i>. 7th ed. Verlag Neue Wirtschafts-Briefe, Herne, 2016.","apa":"König, R., &#38; Sureth-Sloane, C. (2016). <i>Besteuerung und Rechtsformwahl</i> (7th ed.). Verlag Neue Wirtschafts-Briefe, Herne.","ieee":"R. König and C. Sureth-Sloane, <i>Besteuerung und Rechtsformwahl</i>, 7th ed. Verlag Neue Wirtschafts-Briefe, Herne, 2016.","ama":"König R, Sureth-Sloane C. <i>Besteuerung und Rechtsformwahl</i>. 7th ed. Verlag Neue Wirtschafts-Briefe, Herne; 2016.","bibtex":"@book{König_Sureth-Sloane_2016, edition={7}, title={Besteuerung und Rechtsformwahl}, publisher={Verlag Neue Wirtschafts-Briefe, Herne}, author={König, Rolf and Sureth-Sloane, Caren}, year={2016} }","mla":"König, Rolf, and Caren Sureth-Sloane. <i>Besteuerung und Rechtsformwahl</i>. 7th ed., Verlag Neue Wirtschafts-Briefe, Herne, 2016."},"date_created":"2018-10-12T08:50:20Z","type":"book","department":[{"_id":"187"},{"_id":"635"}]},{"author":[{"last_name":"Alberternst","first_name":"Stephan","full_name":"Alberternst, Stephan"},{"id":"530","full_name":"Sureth-Sloane, Caren","first_name":"Caren","last_name":"Sureth-Sloane"}],"status":"public","title":"Interest Barrier and Capital Structure Response","year":"2016","has_accepted_license":"1","intvolume":"       206","date_updated":"2022-01-06T07:01:35Z","_id":"5022","series_title":"arqus, Quantitative Research in Taxation","language":[{"iso":"eng"}],"volume":206,"user_id":"61801","ddc":["330"],"citation":{"bibtex":"@book{Alberternst_Sureth-Sloane_2016, series={arqus, Quantitative Research in Taxation}, title={Interest Barrier and Capital Structure Response}, volume={206}, author={Alberternst, Stephan and Sureth-Sloane, Caren}, year={2016}, collection={arqus, Quantitative Research in Taxation} }","chicago":"Alberternst, Stephan, and Caren Sureth-Sloane. <i>Interest Barrier and Capital Structure Response</i>. Vol. 206. Arqus, Quantitative Research in Taxation, 2016.","ama":"Alberternst S, Sureth-Sloane C. <i>Interest Barrier and Capital Structure Response</i>. Vol 206.; 2016.","short":"S. Alberternst, C. Sureth-Sloane, Interest Barrier and Capital Structure Response, 2016.","ieee":"S. Alberternst and C. Sureth-Sloane, <i>Interest Barrier and Capital Structure Response</i>, vol. 206. 2016.","apa":"Alberternst, S., &#38; Sureth-Sloane, C. (2016). <i>Interest Barrier and Capital Structure Response</i> (Vol. 206).","mla":"Alberternst, Stephan, and Caren Sureth-Sloane. <i>Interest Barrier and Capital Structure Response</i>. Vol. 206, 2016."},"file_date_updated":"2020-09-24T12:41:51Z","abstract":[{"text":"The Organisation for Economic Co-Operation and Development (OECD) recently proposed\r\nan interest barrier to fight tax base erosion and profit shifting (BEPS). We use the introduction\r\nof such an interest deductibility restriction in Germany as a quasi-experiment and find significant\r\ncorporate capital structure responses. Using single entity financial statements and a detailed matching\r\napproach, we find evidence that companies that are affected by the interest barrier reduce their\r\nleverage by 4.7 percentage points more than non-affected companies. The effects are stronger among\r\nnon-financially constrained firms. Our results imply that interest barrier effects on capital structure\r\nhave so far been heavily underestimated.","lang":"eng"}],"date_created":"2018-10-30T13:11:31Z","file":[{"date_created":"2020-09-24T12:41:51Z","creator":"llennard","file_id":"19655","content_type":"application/pdf","success":1,"file_name":"arqus_206.pdf","file_size":940451,"access_level":"closed","relation":"main_file","date_updated":"2020-09-24T12:41:51Z"}],"department":[{"_id":"187"},{"_id":"635"}],"type":"working_paper"},{"volume":47,"user_id":"54068","_id":"4034","page":"1-29","jel":["G15","G33","K20","M41","M48"],"status":"public","citation":{"ieee":"A. Florou, U. Kosi, and P. F. Pope, “Are international accounting standards more credit relevant than domestic standards?,” <i>Accounting and Business Research</i>, vol. 47, no. 1, pp. 1–29, 2016, doi: <a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>.","apa":"Florou, A., Kosi, U., &#38; Pope, P. F. (2016). Are international accounting standards more credit relevant than domestic standards? <i>Accounting and Business Research</i>, <i>47</i>(1), 1–29. <a href=\"https://doi.org/10.1080/00014788.2016.1224968\">https://doi.org/10.1080/00014788.2016.1224968</a>","short":"A. Florou, U. Kosi, P.F. Pope, Accounting and Business Research 47 (2016) 1–29.","chicago":"Florou, Annita, Urska Kosi, and Peter F Pope. “Are International Accounting Standards More Credit Relevant than Domestic Standards?” <i>Accounting and Business Research</i> 47, no. 1 (2016): 1–29. <a href=\"https://doi.org/10.1080/00014788.2016.1224968\">https://doi.org/10.1080/00014788.2016.1224968</a>.","mla":"Florou, Annita, et al. “Are International Accounting Standards More Credit Relevant than Domestic Standards?” <i>Accounting and Business Research</i>, vol. 47, no. 1, 2016, pp. 1–29, doi:<a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>.","bibtex":"@article{Florou_Kosi_Pope_2016, title={Are international accounting standards more credit relevant than domestic standards?}, volume={47}, DOI={<a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>}, number={1}, journal={Accounting and Business Research}, author={Florou, Annita and Kosi, Urska and Pope, Peter F}, year={2016}, pages={1–29} }","ama":"Florou A, Kosi U, Pope PF. Are international accounting standards more credit relevant than domestic standards? <i>Accounting and Business Research</i>. 2016;47(1):1-29. doi:<a href=\"https://doi.org/10.1080/00014788.2016.1224968\">10.1080/00014788.2016.1224968</a>"},"doi":"10.1080/00014788.2016.1224968","language":[{"iso":"eng"}],"intvolume":"        47","publication_status":"published","date_updated":"2023-01-18T13:41:47Z","author":[{"last_name":"Florou","first_name":"Annita","full_name":"Florou, Annita"},{"last_name":"Kosi","first_name":"Urska","full_name":"Kosi, Urska","id":"54068"},{"full_name":"Pope, Peter F","last_name":"Pope","first_name":"Peter F"}],"year":"2016","title":"Are international accounting standards more credit relevant than domestic standards?","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"type":"journal_article","keyword":["IFRS","debt markets","credit ratings","credit relevance"],"date_created":"2018-08-22T07:16:25Z","abstract":[{"text":"We examine whether the credit relevance of financial statements, defined as the ability of accounting numbers to explain credit ratings, is higher after firms are required to report under International Financial Reporting Standards (IFRS). We find an improvement in credit relevance for firms in 17 countries after mandatory IFRS reporting is introduced in 2005; this increase is higher than that reported for a matched sample of US firms. The increase in credit relevance is particularly pronounced for higher risk speculative-grade issuers, where accounting information is predicted to be more important; and for IFRS adopters with large first-time reconciliations, where the impact of IFRS is expected to be greater. These tests provide reassurance that the overall enhancement in estimated credit relevance is driven by accounting changes related to IFRS adoption. Our results suggest that credit rating analysts’ views of economic fundamentals are more closely aligned with IFRS numbers, and that analysts anticipate at least some of the effects of the IFRS transition.","lang":"eng"}],"issue":"1","publication":"Accounting and Business Research"},{"user_id":"88603","_id":"37098","language":[{"iso":"eng"}],"date_updated":"2023-01-18T14:02:03Z","author":[{"last_name":"Valentincic","first_name":"Aljosa","full_name":"Valentincic, Aljosa"},{"first_name":"Ales","last_name":"Novak","full_name":"Novak, Ales"},{"first_name":"Urska","last_name":"Kosi","full_name":"Kosi, Urska","id":"54068"}],"conference":{"start_date":"2016-07-07","name":"7th Workshop on Accounting and Regulation","location":"Siena, Italy","end_date":"2016-07-09"},"year":"2016","title":"Accounting quality in private firms during the transition to international standards","status":"public","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"type":"conference","date_created":"2023-01-17T13:04:16Z","citation":{"chicago":"Valentincic, Aljosa, Ales Novak, and Urska Kosi. “Accounting Quality in Private Firms during the Transition to International Standards,” 2016.","short":"A. Valentincic, A. Novak, U. Kosi, in: 2016.","apa":"Valentincic, A., Novak, A., &#38; Kosi, U. (2016). <i>Accounting quality in private firms during the transition to international standards</i>. 7th Workshop on Accounting and Regulation, Siena, Italy.","ieee":"A. Valentincic, A. Novak, and U. Kosi, “Accounting quality in private firms during the transition to international standards,” presented at the 7th Workshop on Accounting and Regulation, Siena, Italy, 2016.","ama":"Valentincic A, Novak A, Kosi U. Accounting quality in private firms during the transition to international standards. In: ; 2016.","bibtex":"@inproceedings{Valentincic_Novak_Kosi_2016, title={Accounting quality in private firms during the transition to international standards}, author={Valentincic, Aljosa and Novak, Ales and Kosi, Urska}, year={2016} }","mla":"Valentincic, Aljosa, et al. <i>Accounting Quality in Private Firms during the Transition to International Standards</i>. 2016."}},{"date_updated":"2022-01-06T07:01:20Z","has_accepted_license":"1","title":"Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,","status":"public","year":"2015","author":[{"last_name":"Ortmann","first_name":"Regina","full_name":"Ortmann, Regina","id":"10020"}],"user_id":"21222","ddc":["330"],"volume":"2015 - 10","main_file_link":[{"url":"https://en.wiwi.uni-paderborn.de/fileadmin/cetar/TAF_Working_Paper_Series/TAF_WP_010_Ortmann_2015.pdf"}],"_id":"4745","series_title":"WU Working Paper Series","language":[{"iso":"eng"}],"abstract":[{"lang":"eng","text":"Formulary apportionment is an intensively debated mechanism for allocating tax base within multinational groups. Systems under which the formula is identical in all jurisdictions and systems under which jurisdictions can determine the weights on the formula factors individually can be observed. The latter systems produce uncertainty about the overall tax-liable share of the future group tax base. Counter-intuitively, I identify scenarios under which increased uncertainty leads to higher expected future group income. My results provide helpful insights for firms and policy makers debating the specific design of a formulary apportionment system. "}],"file_date_updated":"2020-08-14T08:06:12Z","citation":{"mla":"Ortmann, Regina. <i>Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,</i>. Vol. 2015–10, 2015.","bibtex":"@book{Ortmann_2015, series={WU Working Paper Series}, title={Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,}, volume={2015–10}, author={Ortmann, Regina}, year={2015}, collection={WU Working Paper Series} }","ama":"Ortmann R. <i>Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,</i>. Vol 2015-10.; 2015.","ieee":"R. Ortmann, <i>Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,</i> vol. 2015–10. 2015.","apa":"Ortmann, R. (2015). <i>Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,</i> (Vol. 2015–10).","chicago":"Ortmann, Regina. <i>Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,</i>. Vol. 2015–10. WU Working Paper Series, 2015.","short":"R. Ortmann, Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?, 2015."},"type":"working_paper","department":[{"_id":"590"},{"_id":"635"}],"file":[{"access_level":"closed","file_size":254259,"file_name":"TAF_WP_010_Ortmann_2015.pdf","date_updated":"2020-08-14T08:06:12Z","relation":"main_file","content_type":"application/pdf","success":1,"file_id":"17958","creator":"llennard","date_created":"2020-08-14T08:06:12Z"}],"date_created":"2018-10-15T11:00:01Z"},{"type":"working_paper","department":[{"_id":"187"},{"_id":"635"}],"date_created":"2018-10-15T12:54:30Z","citation":{"ieee":"R. Niemann and C. Sureth-Sloane, <i>Investment Effects of Wealth Taxes under Uncertainty and Irreversibility</i>, vol. 209. 2015.","apa":"Niemann, R., &#38; Sureth-Sloane, C. (2015). <i>Investment Effects of Wealth Taxes under Uncertainty and Irreversibility</i> (Vol. 209).","chicago":"Niemann, Rainer, and Caren Sureth-Sloane. <i>Investment Effects of Wealth Taxes under Uncertainty and Irreversibility</i>. Vol. 209. Arqus, Quantitative Research in Taxation, 2015.","short":"R. Niemann, C. Sureth-Sloane, Investment Effects of Wealth Taxes under Uncertainty and Irreversibility, 2015.","mla":"Niemann, Rainer, and Caren Sureth-Sloane. <i>Investment Effects of Wealth Taxes under Uncertainty and Irreversibility</i>. Vol. 209, 2015.","bibtex":"@book{Niemann_Sureth-Sloane_2015, series={arqus, Quantitative Research in Taxation}, title={Investment Effects of Wealth Taxes under Uncertainty and Irreversibility}, volume={209}, author={Niemann, Rainer and Sureth-Sloane, Caren}, year={2015}, collection={arqus, Quantitative Research in Taxation} }","ama":"Niemann R, Sureth-Sloane C. <i>Investment Effects of Wealth Taxes under Uncertainty and Irreversibility</i>. Vol 209.; 2015."},"user_id":"61801","volume":209,"_id":"4757","language":[{"iso":"eng"}],"series_title":"arqus, Quantitative Research in Taxation","date_updated":"2022-01-06T07:01:21Z","intvolume":"       209","title":"Investment Effects of Wealth Taxes under Uncertainty and Irreversibility","year":"2015","status":"public","author":[{"full_name":"Niemann, Rainer","first_name":"Rainer","last_name":"Niemann"},{"id":"530","last_name":"Sureth-Sloane","first_name":"Caren","full_name":"Sureth-Sloane, Caren"}]},{"volume":42,"user_id":"61801","_id":"5047","publisher":"C.H. Beck","page":"257-260","status":"public","citation":{"chicago":"Sureth, Caren. “Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?” <i>WiSt - Wirtschaftswissenschaftliches Studium</i> 42, no. 5 (2015): 257–60. <a href=\"https://doi.org/10.15358/0340-1650_2013_5_257\">https://doi.org/10.15358/0340-1650_2013_5_257</a>.","short":"C. Sureth, WiSt - Wirtschaftswissenschaftliches Studium 42 (2015) 257–260.","ieee":"C. Sureth, “Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?,” <i>WiSt - Wirtschaftswissenschaftliches Studium</i>, vol. 42, no. 5, pp. 257–260, 2015.","apa":"Sureth, C. (2015). Mehr Theorie wagen: Eine neue Ausbildung für die Praxis? <i>WiSt - Wirtschaftswissenschaftliches Studium</i>, <i>42</i>(5), 257–260. <a href=\"https://doi.org/10.15358/0340-1650_2013_5_257\">https://doi.org/10.15358/0340-1650_2013_5_257</a>","bibtex":"@article{Sureth_2015, title={Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?}, volume={42}, DOI={<a href=\"https://doi.org/10.15358/0340-1650_2013_5_257\">10.15358/0340-1650_2013_5_257</a>}, number={5}, journal={WiSt - Wirtschaftswissenschaftliches Studium}, publisher={C.H. Beck}, author={Sureth, Caren}, year={2015}, pages={257–260} }","ama":"Sureth C. Mehr Theorie wagen: Eine neue Ausbildung für die Praxis? <i>WiSt - Wirtschaftswissenschaftliches Studium</i>. 2015;42(5):257-260. doi:<a href=\"https://doi.org/10.15358/0340-1650_2013_5_257\">10.15358/0340-1650_2013_5_257</a>","mla":"Sureth, Caren. “Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?” <i>WiSt - Wirtschaftswissenschaftliches Studium</i>, vol. 42, no. 5, C.H. Beck, 2015, pp. 257–60, doi:<a href=\"https://doi.org/10.15358/0340-1650_2013_5_257\">10.15358/0340-1650_2013_5_257</a>."},"doi":"10.15358/0340-1650_2013_5_257","language":[{"iso":"ger"}],"intvolume":"        42","publication_status":"published","date_updated":"2022-01-06T07:01:35Z","publication_identifier":{"issn":["0340-1650"]},"author":[{"full_name":"Sureth, Caren","last_name":"Sureth","first_name":"Caren"}],"title":"Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?","year":"2015","department":[{"_id":"187"},{"_id":"635"}],"type":"journal_article","date_created":"2018-10-30T13:56:11Z","issue":"5","publication":"WiSt - Wirtschaftswissenschaftliches Studium"},{"date_created":"2018-04-06T07:51:21Z","file":[{"relation":"main_file","date_updated":"2018-04-06T07:53:46Z","file_name":"Hoppe Maiterth Sureth-Sloane 2015.pdf","access_level":"closed","file_size":1077359,"file_id":"2255","success":1,"content_type":"application/pdf","creator":"hoppet","date_created":"2018-04-06T07:53:46Z"}],"department":[{"_id":"187"},{"_id":"635"}],"keyword":["Steuerbelastung","Substanzbesteuerung","ungleiche Vermögensverteilung","Veranlagungssimulation","Vermögensteuer"],"type":"working_paper","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 Unternehmensgruppe 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 become a focal point of interest as a result of last years’ political discussions. We analyze the impact of implementing currently discussed wealth tax concepts on the overall tax burden and 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 tax burden of these companies 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 have to take additional loans or liquidate assets to settle their wealth tax bill. Our findings indicate that about half of the companies suffer at least in one year from wealth tax-induced asset erosion within the six-year period under review. In contrast to the usually postulated moderate effects of a wealth tax on firms, our results indicate that the additional burden arising from wealth taxation can range from nearly 100% to 300% of the profit tax burden, highlighting the magnitude of the risk from wealth taxation for Germany as a location for business."}],"language":[{"iso":"ger"}],"main_file_link":[{"open_access":"1","url":"https://ssrn.com/abstract=2548398"}],"alternative_title":["Wealth Tax and its Implications for Germany as a Location for Business - An Economic Analysis"],"doi":"10.2139/ssrn.2548398","publication_identifier":{"issn":["1556-5068"]},"author":[{"id":"22671","full_name":"Hoppe, Thomas","last_name":"Hoppe","first_name":"Thomas"},{"full_name":"Maiterth, Ralf","last_name":"Maiterth","first_name":"Ralf"},{"full_name":"Sureth-Sloane, Caren","first_name":"Caren","last_name":"Sureth-Sloane","orcid":" 0000-0002-8183-5901","id":"530"}],"year":"2015","title":"Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse","date_updated":"2024-04-08T11:31:28Z","oa":"1","citation":{"ama":"Hoppe T, Maiterth R, Sureth-Sloane C. <i>Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse</i>.; 2015. doi:<a href=\"https://doi.org/10.2139/ssrn.2548398\">10.2139/ssrn.2548398</a>","bibtex":"@book{Hoppe_Maiterth_Sureth-Sloane_2015, title={Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse}, DOI={<a href=\"https://doi.org/10.2139/ssrn.2548398\">10.2139/ssrn.2548398</a>}, author={Hoppe, Thomas and Maiterth, Ralf and Sureth-Sloane, Caren}, year={2015} }","mla":"Hoppe, Thomas, et al. <i>Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse</i>. 2015, doi:<a href=\"https://doi.org/10.2139/ssrn.2548398\">10.2139/ssrn.2548398</a>.","short":"T. Hoppe, R. Maiterth, C. Sureth-Sloane, Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse, 2015.","chicago":"Hoppe, Thomas, Ralf Maiterth, and Caren Sureth-Sloane. <i>Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse</i>, 2015. <a href=\"https://doi.org/10.2139/ssrn.2548398\">https://doi.org/10.2139/ssrn.2548398</a>.","apa":"Hoppe, T., Maiterth, R., &#38; Sureth-Sloane, C. (2015). <i>Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse</i>. <a href=\"https://doi.org/10.2139/ssrn.2548398\">https://doi.org/10.2139/ssrn.2548398</a>","ieee":"T. Hoppe, R. Maiterth, and C. Sureth-Sloane, <i>Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse</i>. 2015."},"file_date_updated":"2018-04-06T07:53:46Z","_id":"2254","page":"45","user_id":"530","ddc":["330"],"jel":["H21","H24","H25","C54"],"status":"public","has_accepted_license":"1"},{"author":[{"full_name":"Oßwald, Benjamin","last_name":"Oßwald","first_name":"Benjamin"},{"full_name":"Sureth-Sloane, Caren","orcid":" 0000-0002-8183-5901","last_name":"Sureth-Sloane","first_name":"Caren","id":"530"}],"status":"public","year":"2015","title":"Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?","intvolume":"        25","date_updated":"2026-04-09T09:16:07Z","_id":"4756","language":[{"iso":"eng"}],"page":"478-486","volume":25,"user_id":"96670","citation":{"apa":"Oßwald, B., &#38; Sureth-Sloane, C. (2015). Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate? <i>Steuer Und Wirtschaft International</i>, <i>25</i>(10), 478–486.","ieee":"B. Oßwald and C. Sureth-Sloane, “Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?,” <i>Steuer und Wirtschaft International</i>, vol. 25, no. 10, pp. 478–486, 2015.","short":"B. Oßwald, C. Sureth-Sloane, Steuer Und Wirtschaft International 25 (2015) 478–486.","chicago":"Oßwald, Benjamin, and Caren Sureth-Sloane. “Entscheidungskalküle US-Amerikanischer Unternehmen Bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?” <i>Steuer Und Wirtschaft International</i> 25, no. 10 (2015): 478–86.","mla":"Oßwald, Benjamin, and Caren Sureth-Sloane. “Entscheidungskalküle US-Amerikanischer Unternehmen Bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?” <i>Steuer Und Wirtschaft International</i>, vol. 25, no. 10, 2015, pp. 478–86.","ama":"Oßwald B, Sureth-Sloane C. Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate? <i>Steuer und Wirtschaft International</i>. 2015;25(10):478-486.","bibtex":"@article{Oßwald_Sureth-Sloane_2015, title={Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?}, volume={25}, number={10}, journal={Steuer und Wirtschaft International}, author={Oßwald, Benjamin and Sureth-Sloane, Caren}, year={2015}, pages={478–486} }"},"publication":"Steuer und Wirtschaft International","issue":"10","quality_controlled":"1","date_created":"2018-10-15T12:52:37Z","department":[{"_id":"187"},{"_id":"635"}],"type":"journal_article"},{"citation":{"apa":"Florou, A., &#38; Kosi, U. (2015). Does mandatory IFRS adoption facilitate debt financing? <i>Review of Accounting Studies</i>, <i>20</i>(4), 1407–1456. <a href=\"https://doi.org/10.1007/s11142-015-9325-z\">https://doi.org/10.1007/s11142-015-9325-z</a>","ieee":"A. Florou and U. Kosi, “Does mandatory IFRS adoption facilitate debt financing?,” <i>Review of Accounting Studies</i>, vol. 20, no. 4, pp. 1407–1456, 2015, doi: <a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>.","chicago":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing?” <i>Review of Accounting Studies</i> 20, no. 4 (2015): 1407–56. <a href=\"https://doi.org/10.1007/s11142-015-9325-z\">https://doi.org/10.1007/s11142-015-9325-z</a>.","short":"A. Florou, U. Kosi, Review of Accounting Studies 20 (2015) 1407–1456.","mla":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing?” <i>Review of Accounting Studies</i>, vol. 20, no. 4, 2015, pp. 1407–56, doi:<a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>.","ama":"Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing? <i>Review of Accounting Studies</i>. 2015;20(4):1407-1456. doi:<a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>","bibtex":"@article{Florou_Kosi_2015, title={Does mandatory IFRS adoption facilitate debt financing?}, volume={20}, DOI={<a href=\"https://doi.org/10.1007/s11142-015-9325-z\">10.1007/s11142-015-9325-z</a>}, number={4}, journal={Review of Accounting Studies}, author={Florou, Annita and Kosi, Urska}, year={2015}, pages={1407–1456} }"},"status":"public","jel":["G15","K22","M41","M48"],"page":"1407-1456","_id":"4035","user_id":"54068","volume":20,"issue":"4","publication":"Review of Accounting Studies","abstract":[{"text":"We examine whether the mandated introduction of International Financial Reporting Standards (IFRS) is associated with the propensity to access the public rather than private debt market and the cost of debt. We use a global sample of public bonds and private loans and find that mandatory IFRS adopters are more likely, post-IFRS, to issue bonds than to borrow privately. We also find that mandatory IFRS adopters pay lower bond yield spreads, but not lower loan spreads, after the mandate. These findings are consistent with debt providers responding positively to financial reporting of higher quality and comparability, but only when there is a greater reliance on publicly available financial statements than private communication. Lastly, we document that the observed debt market benefits are concentrated in countries with larger differences between domestic GAAP and IFRS and are present even for EU countries that did not experience concurrent financial reporting enforcement or other institutional reforms. Overall, our study documents positive economic consequences around the mandated IFRS adoption for corporate debt financing and, in particular, for bond financing.","lang":"eng"}],"extern":"1","date_created":"2018-08-22T07:47:41Z","keyword":["Accounting regulation","IFRS","Accounting quality","Public and private debt markets","Cost of debt"],"type":"journal_article","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"year":"2015","title":"Does mandatory IFRS adoption facilitate debt financing?","publication_identifier":{"eissn":["1573-7136"]},"author":[{"first_name":"Annita","last_name":"Florou","full_name":"Florou, Annita"},{"first_name":"Urska","last_name":"Kosi","orcid":"0009-0009-2545-5929","full_name":"Kosi, Urska","id":"54068"}],"date_updated":"2026-06-15T09:39:29Z","publication_status":"published","intvolume":"        20","language":[{"iso":"eng"}],"doi":"10.1007/s11142-015-9325-z"},{"main_file_link":[{"url":"https://link.springer.com/content/pdf/10.1007/BF03342734.pdf","open_access":"1"}],"_id":"17962","language":[{"iso":"eng"}],"user_id":"61801","volume":5,"year":"2014","title":"Editorial: What Is and What Is Not a Substantial Contribution?","status":"public","author":[{"last_name":"Albers","first_name":"Sönke","full_name":"Albers, Sönke"},{"last_name":"Sureth-Sloane","first_name":"Caren","full_name":"Sureth-Sloane, Caren","id":"530"}],"date_updated":"2022-01-06T06:53:24Z","intvolume":"         5","date_created":"2020-08-14T08:58:07Z","type":"journal_article","department":[{"_id":"635"}],"oa":"1","issue":"2","publication":"Business Research","citation":{"ama":"Albers S, Sureth-Sloane C. Editorial: What Is and What Is Not a Substantial Contribution? <i>Business Research</i>. 2014;5(2).","short":"S. Albers, C. Sureth-Sloane, Business Research 5 (2014).","chicago":"Albers, Sönke, and Caren Sureth-Sloane. “Editorial: What Is and What Is Not a Substantial Contribution?” <i>Business Research</i> 5, no. 2 (2014).","bibtex":"@article{Albers_Sureth-Sloane_2014, title={Editorial: What Is and What Is Not a Substantial Contribution?}, volume={5}, number={2}, journal={Business Research}, author={Albers, Sönke and Sureth-Sloane, Caren}, year={2014} }","mla":"Albers, Sönke, and Caren Sureth-Sloane. “Editorial: What Is and What Is Not a Substantial Contribution?” <i>Business Research</i>, vol. 5, no. 2, 2014.","apa":"Albers, S., &#38; Sureth-Sloane, C. (2014). Editorial: What Is and What Is Not a Substantial Contribution? <i>Business Research</i>, <i>5</i>(2).","ieee":"S. Albers and C. Sureth-Sloane, “Editorial: What Is and What Is Not a Substantial Contribution?,” <i>Business Research</i>, vol. 5, no. 2, 2014."}},{"status":"public","year":"2014","title":"Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?","author":[{"full_name":"Ortmann, Regina","first_name":"Regina","last_name":"Ortmann","id":"10020"},{"id":"530","last_name":"Sureth-Sloane","first_name":"Caren","full_name":"Sureth-Sloane, Caren"}],"date_updated":"2022-01-06T07:01:21Z","intvolume":"       165","_id":"4750","series_title":"arqus, Quantitative Research in Taxation","language":[{"iso":"eng"}],"user_id":"61801","volume":165,"citation":{"ieee":"R. Ortmann and C. Sureth-Sloane, <i>Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?</i>, vol. 165. 2014.","apa":"Ortmann, R., &#38; Sureth-Sloane, C. (2014). <i>Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?</i> (Vol. 165).","mla":"Ortmann, Regina, and Caren Sureth-Sloane. <i>Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?</i> Vol. 165, 2014.","bibtex":"@book{Ortmann_Sureth-Sloane_2014, series={arqus, Quantitative Research in Taxation}, title={Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?}, volume={165}, author={Ortmann, Regina and Sureth-Sloane, Caren}, year={2014}, collection={arqus, Quantitative Research in Taxation} }","ama":"Ortmann R, Sureth-Sloane C. <i>Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?</i> Vol 165.; 2014.","short":"R. Ortmann, C. Sureth-Sloane, Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?, 2014.","chicago":"Ortmann, Regina, and Caren Sureth-Sloane. <i>Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational Groups?</i> Vol. 165. Arqus, Quantitative Research in Taxation, 2014."},"date_created":"2018-10-15T11:07:03Z","type":"working_paper","department":[{"_id":"590"},{"_id":"187"},{"_id":"635"}]},{"intvolume":"       167","date_updated":"2022-01-06T07:01:35Z","author":[{"full_name":"Diller, Markus","last_name":"Diller","first_name":"Markus"},{"full_name":"Kortebusch, Pia","last_name":"Kortebusch","first_name":"Pia"},{"full_name":"Schneider, Georg","first_name":"Georg","last_name":"Schneider"},{"id":"530","last_name":"Sureth-Sloane","first_name":"Caren","full_name":"Sureth-Sloane, Caren"}],"year":"2014","title":"Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and do tax authorities provide them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior","status":"public","volume":167,"user_id":"61801","_id":"5037","series_title":"arqus, Quantitative Research in Taxation","language":[{"iso":"eng"}],"citation":{"bibtex":"@book{Diller_Kortebusch_Schneider_Sureth-Sloane_2014, series={arqus, Quantitative Research in Taxation}, title={Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and do tax authorities provide them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior}, volume={167}, author={Diller, Markus and Kortebusch, Pia and Schneider, Georg and Sureth-Sloane, Caren}, year={2014}, collection={arqus, Quantitative Research in Taxation} }","ama":"Diller M, Kortebusch P, Schneider G, Sureth-Sloane C. <i>Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and Do Tax Authorities Provide Them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior</i>. Vol 167.; 2014.","mla":"Diller, Markus, et al. <i>Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and Do Tax Authorities Provide Them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior</i>. Vol. 167, 2014.","short":"M. Diller, P. Kortebusch, G. Schneider, C. Sureth-Sloane, Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and Do Tax Authorities Provide Them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior, 2014.","chicago":"Diller, Markus, Pia Kortebusch, Georg Schneider, and Caren Sureth-Sloane. <i>Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and Do Tax Authorities Provide Them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior</i>. Vol. 167. Arqus, Quantitative Research in Taxation, 2014.","ieee":"M. Diller, P. Kortebusch, G. Schneider, and C. Sureth-Sloane, <i>Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and do tax authorities provide them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior</i>, vol. 167. 2014.","apa":"Diller, M., Kortebusch, P., Schneider, G., &#38; Sureth-Sloane, C. (2014). <i>Do Investors Request Advance Tax Rulings to Alleviate Tax Risk (and do tax authorities provide them)? A Joint Taxpayers’ and Tax Authorities’ View on Investment Behavior</i> (Vol. 167)."},"department":[{"_id":"187"},{"_id":"635"}],"type":"working_paper","date_created":"2018-10-30T13:43:18Z"},{"page":"276-308","_id":"23413","user_id":"42419","volume":66,"status":"public","citation":{"mla":"Bischof, Jannis, and Michael Ebert. “IFRS 7 Disclosures and Risk Perception of Financial Instruments.” <i>Schmalenbach Business Review</i>, vol. 66, 2014, pp. 276–308, doi:<a href=\"https://doi.org/10.1007/bf03396908\">10.1007/bf03396908</a>.","bibtex":"@article{Bischof_Ebert_2014, title={IFRS 7 Disclosures and Risk Perception of Financial Instruments}, volume={66}, DOI={<a href=\"https://doi.org/10.1007/bf03396908\">10.1007/bf03396908</a>}, journal={Schmalenbach Business Review}, author={Bischof, Jannis and Ebert, Michael}, year={2014}, pages={276–308} }","ama":"Bischof J, Ebert M. IFRS 7 Disclosures and Risk Perception of Financial Instruments. <i>Schmalenbach Business Review</i>. 2014;66:276-308. doi:<a href=\"https://doi.org/10.1007/bf03396908\">10.1007/bf03396908</a>","ieee":"J. Bischof and M. Ebert, “IFRS 7 Disclosures and Risk Perception of Financial Instruments,” <i>Schmalenbach Business Review</i>, vol. 66, pp. 276–308, 2014, doi: <a href=\"https://doi.org/10.1007/bf03396908\">10.1007/bf03396908</a>.","apa":"Bischof, J., &#38; Ebert, M. (2014). IFRS 7 Disclosures and Risk Perception of Financial Instruments. <i>Schmalenbach Business Review</i>, <i>66</i>, 276–308. <a href=\"https://doi.org/10.1007/bf03396908\">https://doi.org/10.1007/bf03396908</a>","short":"J. Bischof, M. Ebert, Schmalenbach Business Review 66 (2014) 276–308.","chicago":"Bischof, Jannis, and Michael Ebert. “IFRS 7 Disclosures and Risk Perception of Financial Instruments.” <i>Schmalenbach Business Review</i> 66 (2014): 276–308. <a href=\"https://doi.org/10.1007/bf03396908\">https://doi.org/10.1007/bf03396908</a>."},"language":[{"iso":"eng"}],"doi":"10.1007/bf03396908","title":"IFRS 7 Disclosures and Risk Perception of Financial Instruments","year":"2014","publication_identifier":{"issn":["1439-2917","2194-072X"]},"author":[{"full_name":"Bischof, Jannis","first_name":"Jannis","last_name":"Bischof"},{"id":"42419","last_name":"Ebert","first_name":"Michael","full_name":"Ebert, Michael"}],"date_updated":"2023-01-12T09:02:52Z","publication_status":"published","intvolume":"        66","article_type":"original","date_created":"2021-08-16T10:12:27Z","type":"journal_article","department":[{"_id":"190"},{"_id":"186"},{"_id":"635"}],"publication":"Schmalenbach Business Review","extern":"1"},{"citation":{"short":"A. Florou, U. Kosi, in: 2014.","chicago":"Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt Financing? ,” 2014.","ieee":"A. Florou and U. Kosi, “Does mandatory IFRS adoption facilitate debt financing? ,” presented at the DART Research Seminar, Graz, Austria, 2014.","apa":"Florou, A., &#38; Kosi, U. (2014). <i>Does mandatory IFRS adoption facilitate debt financing? </i>. DART Research Seminar, Graz, Austria.","bibtex":"@inproceedings{Florou_Kosi_2014, title={Does mandatory IFRS adoption facilitate debt financing? }, author={Florou, Annita and Kosi, Urska}, year={2014} }","ama":"Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing? . In: ; 2014.","mla":"Florou, Annita, and Urska Kosi. <i>Does Mandatory IFRS Adoption Facilitate Debt Financing? </i>. 2014."},"extern":"1","date_created":"2023-01-17T13:20:21Z","type":"conference","department":[{"_id":"635"},{"_id":"186"},{"_id":"551"}],"status":"public","title":"Does mandatory IFRS adoption facilitate debt financing? ","year":"2014","conference":{"location":"Graz, Austria","start_date":"2014-03-03","name":"DART Research Seminar"},"author":[{"full_name":"Florou, Annita","first_name":"Annita","last_name":"Florou"},{"last_name":"Kosi","first_name":"Urska","full_name":"Kosi, Urska","id":"54068"}],"date_updated":"2023-01-17T13:36:58Z","language":[{"iso":"eng"}],"_id":"37107","user_id":"88603"},{"intvolume":"        11","publication_status":"published","date_updated":"2023-01-24T15:33:00Z","author":[{"full_name":"Kosi, Urska","last_name":"Kosi","first_name":"Urska","id":"54068"},{"last_name":"Reither","first_name":"Antonia","full_name":"Reither, Antonia"}],"year":"2014","title":"Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process","doi":"10.1080/17449480.2014.897459","language":[{"iso":"eng"}],"extern":"1","abstract":[{"text":"This study examines the determinants of financial firms' lobbying behaviour in the replacement process of International Financial Reporting Standard 4 (IFRS 4) Insurance Contracts. Based on comment letters in response to International Accounting Standards Board's (IASB) Exposure Draft 2010/8, we investigate firms' lobbying decisions and their long-term lobbying intensity. Using an international sample of publicly listed financial firms, we show that insurance companies and financially constrained IFRS firms are more likely to lobby the IASB. We also examine the long-term lobbying activity in the IFRS 4 replacement process during the years 2007–2010. We find that insurance companies and firms with dispersed ownership lobby more. Our results are stronger for IFRS firms compared to US generally accepted accounting principles users. Overall, we document intense lobbying by financial firms and present results that are largely consistent with economic consequences of anticipated accounting changes being the main driver of firms' lobbying behaviour. These results are in line with prior findings for non-financial firms.","lang":"eng"}],"publication":"Accounting in Europe","issue":"1","department":[{"_id":"551"},{"_id":"635"},{"_id":"186"}],"keyword":["standard setting","IASB","corporate lobbying","financial firms","IFRS 4"],"type":"journal_article","date_created":"2018-08-22T07:55:49Z","jel":["D72","M41","M48"],"status":"public","volume":11,"user_id":"54068","_id":"4037","page":"89-112","citation":{"mla":"Kosi, Urska, and Antonia Reither. “Determinants of Corporate Participation in the IFRS 4 (Insurance Contracts) Replacement Process.” <i>Accounting in Europe</i>, vol. 11, no. 1, 2014, pp. 89–112, doi:<a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>.","bibtex":"@article{Kosi_Reither_2014, title={Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process}, volume={11}, DOI={<a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>}, number={1}, journal={Accounting in Europe}, author={Kosi, Urska and Reither, Antonia}, year={2014}, pages={89–112} }","ama":"Kosi U, Reither A. Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process. <i>Accounting in Europe</i>. 2014;11(1):89-112. doi:<a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>","ieee":"U. Kosi and A. Reither, “Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process,” <i>Accounting in Europe</i>, vol. 11, no. 1, pp. 89–112, 2014, doi: <a href=\"https://doi.org/10.1080/17449480.2014.897459\">10.1080/17449480.2014.897459</a>.","apa":"Kosi, U., &#38; Reither, A. (2014). Determinants of corporate participation in the IFRS 4 (insurance contracts) replacement process. <i>Accounting in Europe</i>, <i>11</i>(1), 89–112. <a href=\"https://doi.org/10.1080/17449480.2014.897459\">https://doi.org/10.1080/17449480.2014.897459</a>","short":"U. Kosi, A. Reither, Accounting in Europe 11 (2014) 89–112.","chicago":"Kosi, Urska, and Antonia Reither. “Determinants of Corporate Participation in the IFRS 4 (Insurance Contracts) Replacement Process.” <i>Accounting in Europe</i> 11, no. 1 (2014): 89–112. <a href=\"https://doi.org/10.1080/17449480.2014.897459\">https://doi.org/10.1080/17449480.2014.897459</a>."}},{"type":"working_paper","department":[{"_id":"187"},{"_id":"179"},{"_id":"635"}],"date_created":"2018-10-30T13:41:42Z","citation":{"bibtex":"@book{Fahr_Janssen_Sureth-Sloane_2014, series={arqus, Quantitative Research in Taxation}, title={Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment}, volume={166}, author={Fahr, Rene and Janssen, Elmar A. and Sureth-Sloane, Caren}, year={2014}, collection={arqus, Quantitative Research in Taxation} }","ama":"Fahr R, Janssen EA, Sureth-Sloane C. <i>Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment</i>. Vol 166.; 2014.","short":"R. Fahr, E.A. Janssen, C. Sureth-Sloane, Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment, 2014.","chicago":"Fahr, Rene, Elmar A. Janssen, and Caren Sureth-Sloane. <i>Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment</i>. Vol. 166. arqus, Quantitative Research in Taxation, 2014.","ieee":"R. Fahr, E. A. Janssen, and C. Sureth-Sloane, <i>Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment</i>, vol. 166. 2014.","mla":"Fahr, Rene, et al. <i>Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment</i>. 2014.","apa":"Fahr, R., Janssen, E. A., &#38; Sureth-Sloane, C. (2014). <i>Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment</i> (Vol. 166)."},"user_id":"530","volume":166,"_id":"5036","language":[{"iso":"ger"}],"series_title":"arqus, Quantitative Research in Taxation","date_updated":"2026-01-10T10:19:19Z","intvolume":"       166","title":"Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment","status":"public","year":"2014","author":[{"id":"111","full_name":"Fahr, Rene","first_name":"Rene","last_name":"Fahr"},{"full_name":"Janssen, Elmar A.","first_name":"Elmar A.","last_name":"Janssen"},{"last_name":"Sureth-Sloane","orcid":" 0000-0002-8183-5901","first_name":"Caren","full_name":"Sureth-Sloane, Caren","id":"530"}]},{"page":"147-169","_id":"14918","user_id":"74000","volume":2,"status":"public","citation":{"mla":"Maßbaum, Alexandra, and Caren Sureth-Sloane. “Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions.” <i>Business Research</i>, vol. 2, no. 2, 2014, pp. 147–69, doi:<a href=\"https://doi.org/10.1007/bf03342708\">10.1007/bf03342708</a>.","ama":"Maßbaum A, Sureth-Sloane C. Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions. <i>Business Research</i>. 2014;2(2):147-169. doi:<a href=\"https://doi.org/10.1007/bf03342708\">10.1007/bf03342708</a>","bibtex":"@article{Maßbaum_Sureth-Sloane_2014, title={Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions}, volume={2}, DOI={<a href=\"https://doi.org/10.1007/bf03342708\">10.1007/bf03342708</a>}, number={2}, journal={Business Research}, author={Maßbaum, Alexandra and Sureth-Sloane, Caren}, year={2014}, pages={147–169} }","apa":"Maßbaum, A., &#38; Sureth-Sloane, C. (2014). Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions. <i>Business Research</i>, <i>2</i>(2), 147–169. <a href=\"https://doi.org/10.1007/bf03342708\">https://doi.org/10.1007/bf03342708</a>","ieee":"A. Maßbaum and C. Sureth-Sloane, “Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions,” <i>Business Research</i>, vol. 2, no. 2, pp. 147–169, 2014, doi: <a href=\"https://doi.org/10.1007/bf03342708\">10.1007/bf03342708</a>.","chicago":"Maßbaum, Alexandra, and Caren Sureth-Sloane. “Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions.” <i>Business Research</i> 2, no. 2 (2014): 147–69. <a href=\"https://doi.org/10.1007/bf03342708\">https://doi.org/10.1007/bf03342708</a>.","short":"A. Maßbaum, C. Sureth-Sloane, Business Research 2 (2014) 147–169."},"quality_controlled":"1","language":[{"iso":"eng"}],"doi":"10.1007/bf03342708","year":"2014","title":"Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions","author":[{"full_name":"Maßbaum, Alexandra","first_name":"Alexandra","last_name":"Maßbaum"},{"id":"530","full_name":"Sureth-Sloane, Caren","first_name":"Caren","orcid":" 0000-0002-8183-5901","last_name":"Sureth-Sloane"}],"publication_identifier":{"issn":["2198-3402","2198-2627"]},"date_updated":"2026-04-09T09:24:43Z","publication_status":"published","intvolume":"         2","date_created":"2019-11-13T09:25:43Z","type":"journal_article","department":[{"_id":"187"},{"_id":"635"}],"publication":"Business Research","issue":"2"}]