---
_id: '5014'
abstract:
- lang: eng
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.
author:
- first_name: Thomas
full_name: Bauer, Thomas
last_name: Bauer
- first_name: Thomas
full_name: Kourouxous, Thomas
id: '66936'
last_name: Kourouxous
citation:
ama: Bauer T, Kourouxous T. Capital Charge Rates, Investment Incentives and Taxation.
European Accounting Review. 2017;26(3):419-440. doi:10.1080/09638180.2016.1169938
apa: Bauer, T., & Kourouxous, T. (2017). Capital Charge Rates, Investment Incentives
and Taxation. European Accounting Review, 26(3), 419–440. https://doi.org/10.1080/09638180.2016.1169938
bibtex: '@article{Bauer_Kourouxous_2017, title={Capital Charge Rates, Investment
Incentives and Taxation}, volume={26}, DOI={10.1080/09638180.2016.1169938},
number={3}, journal={European Accounting Review}, publisher={Informa UK Limited},
author={Bauer, Thomas and Kourouxous, Thomas}, year={2017}, pages={419–440} }'
chicago: 'Bauer, Thomas, and Thomas Kourouxous. “Capital Charge Rates, Investment
Incentives and Taxation.” European Accounting Review 26, no. 3 (2017):
419–40. https://doi.org/10.1080/09638180.2016.1169938.'
ieee: 'T. Bauer and T. Kourouxous, “Capital Charge Rates, Investment Incentives
and Taxation,” European Accounting Review, vol. 26, no. 3, pp. 419–440,
2017, doi: 10.1080/09638180.2016.1169938.'
mla: Bauer, Thomas, and Thomas Kourouxous. “Capital Charge Rates, Investment Incentives
and Taxation.” European Accounting Review, vol. 26, no. 3, Informa UK Limited,
2017, pp. 419–40, doi:10.1080/09638180.2016.1169938.
short: T. Bauer, T. Kourouxous, European Accounting Review 26 (2017) 419–440.
date_created: 2018-10-30T12:44:44Z
date_updated: 2026-04-09T09:11:35Z
department:
- _id: '187'
- _id: '635'
doi: 10.1080/09638180.2016.1169938
intvolume: ' 26'
issue: '3'
language:
- iso: eng
page: 419-440
publication: European Accounting Review
publication_identifier:
issn:
- 0963-8180
- 1468-4497
publication_status: published
publisher: Informa UK Limited
quality_controlled: '1'
status: public
title: Capital Charge Rates, Investment Incentives and Taxation
type: journal_article
user_id: '96670'
volume: 26
year: '2017'
...
---
_id: '1771'
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.
article_type: original
author:
- first_name: Thomas
full_name: Hoppe, Thomas
id: '22671'
last_name: Hoppe
- first_name: Ralf
full_name: Maiterth, Ralf
last_name: Maiterth
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
citation:
ama: Hoppe T, Maiterth R, Sureth-Sloane C. Eigenkapitalverzehr und Substanzbesteuerung
deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse. Schmalenbachs
Zeitschrift für betriebswirtschaftliche Forschung. 2016;68(1):3-45. doi:10.1007/s41471-016-0005-x
apa: Hoppe, T., Maiterth, R., & Sureth-Sloane, C. (2016). Eigenkapitalverzehr
und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine
empirische Analyse. Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung,
68(1), 3–45. https://doi.org/10.1007/s41471-016-0005-x
bibtex: '@article{Hoppe_Maiterth_Sureth-Sloane_2016, title={Eigenkapitalverzehr
und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine
empirische Analyse}, volume={68}, DOI={10.1007/s41471-016-0005-x},
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} }'
chicago: 'Hoppe, Thomas, Ralf Maiterth, and Caren Sureth-Sloane. “Eigenkapitalverzehr
und Substanzbesteuerung deutscher Unternehmen durch eine Vermögensteuer – eine
empirische Analyse.” Schmalenbachs Zeitschrift für betriebswirtschaftliche
Forschung 68, no. 1 (2016): 3–45. https://doi.org/10.1007/s41471-016-0005-x.'
ieee: T. Hoppe, R. Maiterth, and C. Sureth-Sloane, “Eigenkapitalverzehr und Substanzbesteuerung
deutscher Unternehmen durch eine Vermögensteuer – eine empirische Analyse,” Schmalenbachs
Zeitschrift für betriebswirtschaftliche Forschung, vol. 68, no. 1, pp. 3–45,
2016.
mla: Hoppe, Thomas, et al. “Eigenkapitalverzehr und Substanzbesteuerung deutscher
Unternehmen durch eine Vermögensteuer – eine empirische Analyse.” Schmalenbachs
Zeitschrift für betriebswirtschaftliche Forschung, vol. 68, no. 1, Springer
Nature, 2016, pp. 3–45, doi:10.1007/s41471-016-0005-x.
short: T. Hoppe, R. Maiterth, C. Sureth-Sloane, Schmalenbachs Zeitschrift für betriebswirtschaftliche
Forschung 68 (2016) 3–45.
date_created: 2018-03-23T14:04:24Z
date_updated: 2022-01-06T06:53:17Z
department:
- _id: '187'
- _id: '635'
doi: 10.1007/s41471-016-0005-x
intvolume: ' 68'
issue: '1'
jel:
- H21
- H24
- H25
- C54
keyword:
- Steuerbelastung
- Substanzbesteuerung
- Ungleiche Vermögensverteilung
- Veranlagungssimulation
- Vermögensteuer
language:
- iso: ger
main_file_link:
- open_access: '1'
url: http://www.readcube.com/articles/10.1007/s41471-016-0005-x?author_access_token=L8vhVZMucjlu5odLLLHaG_e4RwlQNchNByi7wbcMAY5B6ptZT4XXH6IBMbZTagA_06jUOTCNV-Pbh1ByfL_RaVCn-T_JbY5z17HM1rzPS9lXyW_vKKYXJAuZZglAbTRQbk33DRwc7ZJZc9Cl6TcFuA%3D%3D
oa: '1'
page: 3-45
publication: Schmalenbachs Zeitschrift für betriebswirtschaftliche Forschung
publication_identifier:
issn:
- 0341-2687
- 2366-6153
publication_status: published
publisher: Springer Nature
quality_controlled: '1'
status: public
title: Eigenkapitalverzehr und Substanzbesteuerung deutscher Unternehmen durch eine
Vermögensteuer – eine empirische Analyse
type: journal_article
user_id: '61801'
volume: 68
year: '2016'
...
---
_id: '4714'
author:
- first_name: Rolf
full_name: König, Rolf
last_name: König
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
citation:
ama: König R, Sureth-Sloane C. Besteuerung und Rechtsformwahl. 7th ed. Verlag
Neue Wirtschafts-Briefe, Herne; 2016.
apa: König, R., & Sureth-Sloane, C. (2016). Besteuerung und Rechtsformwahl
(7th ed.). Verlag Neue Wirtschafts-Briefe, Herne.
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} }'
chicago: König, Rolf, and Caren Sureth-Sloane. Besteuerung und Rechtsformwahl.
7th ed. Verlag Neue Wirtschafts-Briefe, Herne, 2016.
ieee: R. König and C. Sureth-Sloane, Besteuerung und Rechtsformwahl, 7th
ed. Verlag Neue Wirtschafts-Briefe, Herne, 2016.
mla: König, Rolf, and Caren Sureth-Sloane. Besteuerung und Rechtsformwahl.
7th ed., Verlag Neue Wirtschafts-Briefe, Herne, 2016.
short: R. König, C. Sureth-Sloane, Besteuerung und Rechtsformwahl, 7th ed., Verlag
Neue Wirtschafts-Briefe, Herne, 2016.
date_created: 2018-10-12T08:50:20Z
date_updated: 2022-01-06T07:01:19Z
department:
- _id: '187'
- _id: '635'
edition: '7'
language:
- iso: ger
publisher: Verlag Neue Wirtschafts-Briefe, Herne
status: public
title: Besteuerung und Rechtsformwahl
type: book
user_id: '61801'
year: '2016'
...
---
_id: '5022'
abstract:
- lang: eng
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."
author:
- first_name: Stephan
full_name: Alberternst, Stephan
last_name: Alberternst
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
citation:
ama: Alberternst S, Sureth-Sloane C. Interest Barrier and Capital Structure Response.
Vol 206.; 2016.
apa: Alberternst, S., & Sureth-Sloane, C. (2016). Interest Barrier and Capital
Structure Response (Vol. 206).
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. Interest Barrier and
Capital Structure Response. Vol. 206. Arqus, Quantitative Research in Taxation,
2016.
ieee: S. Alberternst and C. Sureth-Sloane, Interest Barrier and Capital Structure
Response, vol. 206. 2016.
mla: Alberternst, Stephan, and Caren Sureth-Sloane. Interest Barrier and Capital
Structure Response. Vol. 206, 2016.
short: S. Alberternst, C. Sureth-Sloane, Interest Barrier and Capital Structure
Response, 2016.
date_created: 2018-10-30T13:11:31Z
date_updated: 2022-01-06T07:01:35Z
ddc:
- '330'
department:
- _id: '187'
- _id: '635'
file:
- access_level: closed
content_type: application/pdf
creator: llennard
date_created: 2020-09-24T12:41:51Z
date_updated: 2020-09-24T12:41:51Z
file_id: '19655'
file_name: arqus_206.pdf
file_size: 940451
relation: main_file
success: 1
file_date_updated: 2020-09-24T12:41:51Z
has_accepted_license: '1'
intvolume: ' 206'
language:
- iso: eng
series_title: arqus, Quantitative Research in Taxation
status: public
title: Interest Barrier and Capital Structure Response
type: working_paper
user_id: '61801'
volume: 206
year: '2016'
...
---
_id: '4034'
abstract:
- lang: eng
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.
author:
- first_name: Annita
full_name: Florou, Annita
last_name: Florou
- first_name: Urska
full_name: Kosi, Urska
id: '54068'
last_name: Kosi
- first_name: Peter F
full_name: Pope, Peter F
last_name: Pope
citation:
ama: Florou A, Kosi U, Pope PF. Are international accounting standards more credit
relevant than domestic standards? Accounting and Business Research. 2016;47(1):1-29.
doi:10.1080/00014788.2016.1224968
apa: Florou, A., Kosi, U., & Pope, P. F. (2016). Are international accounting
standards more credit relevant than domestic standards? Accounting and Business
Research, 47(1), 1–29. https://doi.org/10.1080/00014788.2016.1224968
bibtex: '@article{Florou_Kosi_Pope_2016, title={Are international accounting standards
more credit relevant than domestic standards?}, volume={47}, DOI={10.1080/00014788.2016.1224968},
number={1}, journal={Accounting and Business Research}, author={Florou, Annita
and Kosi, Urska and Pope, Peter F}, year={2016}, pages={1–29} }'
chicago: 'Florou, Annita, Urska Kosi, and Peter F Pope. “Are International Accounting
Standards More Credit Relevant than Domestic Standards?” Accounting and Business
Research 47, no. 1 (2016): 1–29. https://doi.org/10.1080/00014788.2016.1224968.'
ieee: 'A. Florou, U. Kosi, and P. F. Pope, “Are international accounting standards
more credit relevant than domestic standards?,” Accounting and Business Research,
vol. 47, no. 1, pp. 1–29, 2016, doi: 10.1080/00014788.2016.1224968.'
mla: Florou, Annita, et al. “Are International Accounting Standards More Credit
Relevant than Domestic Standards?” Accounting and Business Research, vol.
47, no. 1, 2016, pp. 1–29, doi:10.1080/00014788.2016.1224968.
short: A. Florou, U. Kosi, P.F. Pope, Accounting and Business Research 47 (2016)
1–29.
date_created: 2018-08-22T07:16:25Z
date_updated: 2023-01-18T13:41:47Z
department:
- _id: '551'
- _id: '635'
- _id: '186'
doi: 10.1080/00014788.2016.1224968
intvolume: ' 47'
issue: '1'
jel:
- G15
- G33
- K20
- M41
- M48
keyword:
- IFRS
- debt markets
- credit ratings
- credit relevance
language:
- iso: eng
page: 1-29
publication: Accounting and Business Research
publication_status: published
status: public
title: Are international accounting standards more credit relevant than domestic standards?
type: journal_article
user_id: '54068'
volume: 47
year: '2016'
...
---
_id: '37098'
author:
- first_name: Aljosa
full_name: Valentincic, Aljosa
last_name: Valentincic
- first_name: Ales
full_name: Novak, Ales
last_name: Novak
- first_name: Urska
full_name: Kosi, Urska
id: '54068'
last_name: Kosi
citation:
ama: 'Valentincic A, Novak A, Kosi U. Accounting quality in private firms during
the transition to international standards. In: ; 2016.'
apa: Valentincic, A., Novak, A., & Kosi, U. (2016). Accounting quality in
private firms during the transition to international standards. 7th Workshop
on Accounting and Regulation, Siena, Italy.
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} }'
chicago: Valentincic, Aljosa, Ales Novak, and Urska Kosi. “Accounting Quality in
Private Firms during the Transition to International Standards,” 2016.
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.
mla: Valentincic, Aljosa, et al. Accounting Quality in Private Firms during the
Transition to International Standards. 2016.
short: 'A. Valentincic, A. Novak, U. Kosi, in: 2016.'
conference:
end_date: 2016-07-09
location: Siena, Italy
name: 7th Workshop on Accounting and Regulation
start_date: 2016-07-07
date_created: 2023-01-17T13:04:16Z
date_updated: 2023-01-18T14:02:03Z
department:
- _id: '635'
- _id: '186'
- _id: '551'
language:
- iso: eng
status: public
title: Accounting quality in private firms during the transition to international
standards
type: conference
user_id: '88603'
year: '2016'
...
---
_id: '4745'
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. '
author:
- first_name: Regina
full_name: Ortmann, Regina
id: '10020'
last_name: Ortmann
citation:
ama: Ortmann R. Uncertainty in Weighting Formulary Apportionment Factors. How
Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,.
Vol 2015-10.; 2015.
apa: Ortmann, R. (2015). Uncertainty in Weighting Formulary Apportionment Factors.
How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,
(Vol. 2015–10).
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} }'
chicago: Ortmann, Regina. Uncertainty in Weighting Formulary Apportionment Factors.
How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,.
Vol. 2015–10. WU Working Paper Series, 2015.
ieee: R. Ortmann, Uncertainty in Weighting Formulary Apportionment Factors. How
Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,
vol. 2015–10. 2015.
mla: Ortmann, Regina. Uncertainty in Weighting Formulary Apportionment Factors.
How Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?,.
Vol. 2015–10, 2015.
short: R. Ortmann, Uncertainty in Weighting Formulary Apportionment Factors. How
Does Weighting Uncertainty Impact After-Tax Income of Multinational Groups?, 2015.
date_created: 2018-10-15T11:00:01Z
date_updated: 2022-01-06T07:01:20Z
ddc:
- '330'
department:
- _id: '590'
- _id: '635'
file:
- access_level: closed
content_type: application/pdf
creator: llennard
date_created: 2020-08-14T08:06:12Z
date_updated: 2020-08-14T08:06:12Z
file_id: '17958'
file_name: TAF_WP_010_Ortmann_2015.pdf
file_size: 254259
relation: main_file
success: 1
file_date_updated: 2020-08-14T08:06:12Z
has_accepted_license: '1'
language:
- iso: eng
main_file_link:
- url: https://en.wiwi.uni-paderborn.de/fileadmin/cetar/TAF_Working_Paper_Series/TAF_WP_010_Ortmann_2015.pdf
series_title: WU Working Paper Series
status: public
title: Uncertainty in Weighting Formulary Apportionment Factors. How Does Weighting
Uncertainty Impact After-Tax Income of Multinational Groups?,
type: working_paper
user_id: '21222'
volume: 2015 - 10
year: '2015'
...
---
_id: '4757'
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
citation:
ama: Niemann R, Sureth-Sloane C. Investment Effects of Wealth Taxes under Uncertainty
and Irreversibility. Vol 209.; 2015.
apa: Niemann, R., & Sureth-Sloane, C. (2015). Investment Effects of Wealth
Taxes under Uncertainty and Irreversibility (Vol. 209).
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} }'
chicago: Niemann, Rainer, and Caren Sureth-Sloane. Investment Effects of Wealth
Taxes under Uncertainty and Irreversibility. Vol. 209. Arqus, Quantitative
Research in Taxation, 2015.
ieee: R. Niemann and C. Sureth-Sloane, Investment Effects of Wealth Taxes under
Uncertainty and Irreversibility, vol. 209. 2015.
mla: Niemann, Rainer, and Caren Sureth-Sloane. Investment Effects of Wealth Taxes
under Uncertainty and Irreversibility. Vol. 209, 2015.
short: R. Niemann, C. Sureth-Sloane, Investment Effects of Wealth Taxes under Uncertainty
and Irreversibility, 2015.
date_created: 2018-10-15T12:54:30Z
date_updated: 2022-01-06T07:01:21Z
department:
- _id: '187'
- _id: '635'
intvolume: ' 209'
language:
- iso: eng
series_title: arqus, Quantitative Research in Taxation
status: public
title: Investment Effects of Wealth Taxes under Uncertainty and Irreversibility
type: working_paper
user_id: '61801'
volume: 209
year: '2015'
...
---
_id: '5047'
author:
- first_name: Caren
full_name: Sureth, Caren
last_name: Sureth
citation:
ama: 'Sureth C. Mehr Theorie wagen: Eine neue Ausbildung für die Praxis? WiSt
- Wirtschaftswissenschaftliches Studium. 2015;42(5):257-260. doi:10.15358/0340-1650_2013_5_257'
apa: 'Sureth, C. (2015). Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?
WiSt - Wirtschaftswissenschaftliches Studium, 42(5), 257–260. https://doi.org/10.15358/0340-1650_2013_5_257'
bibtex: '@article{Sureth_2015, title={Mehr Theorie wagen: Eine neue Ausbildung für
die Praxis?}, volume={42}, DOI={10.15358/0340-1650_2013_5_257},
number={5}, journal={WiSt - Wirtschaftswissenschaftliches Studium}, publisher={C.H.
Beck}, author={Sureth, Caren}, year={2015}, pages={257–260} }'
chicago: 'Sureth, Caren. “Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?”
WiSt - Wirtschaftswissenschaftliches Studium 42, no. 5 (2015): 257–60.
https://doi.org/10.15358/0340-1650_2013_5_257.'
ieee: 'C. Sureth, “Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?,” WiSt
- Wirtschaftswissenschaftliches Studium, vol. 42, no. 5, pp. 257–260, 2015.'
mla: 'Sureth, Caren. “Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?”
WiSt - Wirtschaftswissenschaftliches Studium, vol. 42, no. 5, C.H. Beck,
2015, pp. 257–60, doi:10.15358/0340-1650_2013_5_257.'
short: C. Sureth, WiSt - Wirtschaftswissenschaftliches Studium 42 (2015) 257–260.
date_created: 2018-10-30T13:56:11Z
date_updated: 2022-01-06T07:01:35Z
department:
- _id: '187'
- _id: '635'
doi: 10.15358/0340-1650_2013_5_257
intvolume: ' 42'
issue: '5'
language:
- iso: ger
page: 257-260
publication: WiSt - Wirtschaftswissenschaftliches Studium
publication_identifier:
issn:
- 0340-1650
publication_status: published
publisher: C.H. Beck
status: public
title: 'Mehr Theorie wagen: Eine neue Ausbildung für die Praxis?'
type: journal_article
user_id: '61801'
volume: 42
year: '2015'
...
---
_id: '2254'
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.
alternative_title:
- Wealth Tax and its Implications for Germany as a Location for Business - An Economic
Analysis
author:
- first_name: Thomas
full_name: Hoppe, Thomas
id: '22671'
last_name: Hoppe
- first_name: Ralf
full_name: Maiterth, Ralf
last_name: Maiterth
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
orcid: ' 0000-0002-8183-5901'
citation:
ama: Hoppe T, Maiterth R, Sureth-Sloane C. Vermögensteuer und ihre Implikationen
für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse.;
2015. doi:10.2139/ssrn.2548398
apa: Hoppe, T., Maiterth, R., & Sureth-Sloane, C. (2015). Vermögensteuer
und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche
Analyse. https://doi.org/10.2139/ssrn.2548398
bibtex: '@book{Hoppe_Maiterth_Sureth-Sloane_2015, title={Vermögensteuer und ihre
Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche
Analyse}, DOI={10.2139/ssrn.2548398},
author={Hoppe, Thomas and Maiterth, Ralf and Sureth-Sloane, Caren}, year={2015}
}'
chicago: Hoppe, Thomas, Ralf Maiterth, and Caren Sureth-Sloane. Vermögensteuer
und ihre Implikationen für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche
Analyse, 2015. https://doi.org/10.2139/ssrn.2548398.
ieee: T. Hoppe, R. Maiterth, and C. Sureth-Sloane, Vermögensteuer und ihre Implikationen
für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse.
2015.
mla: Hoppe, Thomas, et al. Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort
Deutschland - eine betriebswirtschaftliche Analyse. 2015, doi:10.2139/ssrn.2548398.
short: T. Hoppe, R. Maiterth, C. Sureth-Sloane, Vermögensteuer und ihre Implikationen
für den Wirtschaftsstandort Deutschland - eine betriebswirtschaftliche Analyse,
2015.
date_created: 2018-04-06T07:51:21Z
date_updated: 2024-04-08T11:31:28Z
ddc:
- '330'
department:
- _id: '187'
- _id: '635'
doi: 10.2139/ssrn.2548398
file:
- access_level: closed
content_type: application/pdf
creator: hoppet
date_created: 2018-04-06T07:53:46Z
date_updated: 2018-04-06T07:53:46Z
file_id: '2255'
file_name: Hoppe Maiterth Sureth-Sloane 2015.pdf
file_size: 1077359
relation: main_file
success: 1
file_date_updated: 2018-04-06T07:53:46Z
has_accepted_license: '1'
jel:
- H21
- H24
- H25
- C54
keyword:
- Steuerbelastung
- Substanzbesteuerung
- ungleiche Vermögensverteilung
- Veranlagungssimulation
- Vermögensteuer
language:
- iso: ger
main_file_link:
- open_access: '1'
url: https://ssrn.com/abstract=2548398
oa: '1'
page: '45'
publication_identifier:
issn:
- 1556-5068
status: public
title: Vermögensteuer und ihre Implikationen für den Wirtschaftsstandort Deutschland
- eine betriebswirtschaftliche Analyse
type: working_paper
user_id: '530'
year: '2015'
...
---
_id: '4756'
author:
- first_name: Benjamin
full_name: Oßwald, Benjamin
last_name: Oßwald
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
orcid: ' 0000-0002-8183-5901'
citation:
ama: Oßwald B, Sureth-Sloane C. Entscheidungskalküle US-amerikanischer Unternehmen
bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate? Steuer
und Wirtschaft International. 2015;25(10):478-486.
apa: Oßwald, B., & Sureth-Sloane, C. (2015). Entscheidungskalküle US-amerikanischer
Unternehmen bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?
Steuer Und Wirtschaft International, 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} }'
chicago: 'Oßwald, Benjamin, and Caren Sureth-Sloane. “Entscheidungskalküle US-Amerikanischer
Unternehmen Bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?”
Steuer Und Wirtschaft International 25, no. 10 (2015): 478–86.'
ieee: B. Oßwald and C. Sureth-Sloane, “Entscheidungskalküle US-amerikanischer Unternehmen
bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?,” Steuer
und Wirtschaft International, vol. 25, no. 10, pp. 478–486, 2015.
mla: Oßwald, Benjamin, and Caren Sureth-Sloane. “Entscheidungskalküle US-Amerikanischer
Unternehmen Bei Tax Inversions. What Drives the Decision of U.S. Firms to Expatriate?”
Steuer Und Wirtschaft International, vol. 25, no. 10, 2015, pp. 478–86.
short: B. Oßwald, C. Sureth-Sloane, Steuer Und Wirtschaft International 25 (2015)
478–486.
date_created: 2018-10-15T12:52:37Z
date_updated: 2026-04-09T09:16:07Z
department:
- _id: '187'
- _id: '635'
intvolume: ' 25'
issue: '10'
language:
- iso: eng
page: 478-486
publication: Steuer und Wirtschaft International
quality_controlled: '1'
status: public
title: Entscheidungskalküle US-amerikanischer Unternehmen bei Tax Inversions. What
Drives the Decision of U.S. Firms to Expatriate?
type: journal_article
user_id: '96670'
volume: 25
year: '2015'
...
---
_id: '4035'
abstract:
- lang: eng
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.
author:
- first_name: Annita
full_name: Florou, Annita
last_name: Florou
- first_name: Urska
full_name: Kosi, Urska
id: '54068'
last_name: Kosi
orcid: 0009-0009-2545-5929
citation:
ama: Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing? Review
of Accounting Studies. 2015;20(4):1407-1456. doi:10.1007/s11142-015-9325-z
apa: Florou, A., & Kosi, U. (2015). Does mandatory IFRS adoption facilitate
debt financing? Review of Accounting Studies, 20(4), 1407–1456.
https://doi.org/10.1007/s11142-015-9325-z
bibtex: '@article{Florou_Kosi_2015, title={Does mandatory IFRS adoption facilitate
debt financing?}, volume={20}, DOI={10.1007/s11142-015-9325-z},
number={4}, journal={Review of Accounting Studies}, author={Florou, Annita and
Kosi, Urska}, year={2015}, pages={1407–1456} }'
chicago: 'Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate
Debt Financing?” Review of Accounting Studies 20, no. 4 (2015): 1407–56.
https://doi.org/10.1007/s11142-015-9325-z.'
ieee: 'A. Florou and U. Kosi, “Does mandatory IFRS adoption facilitate debt financing?,”
Review of Accounting Studies, vol. 20, no. 4, pp. 1407–1456, 2015, doi:
10.1007/s11142-015-9325-z.'
mla: Florou, Annita, and Urska Kosi. “Does Mandatory IFRS Adoption Facilitate Debt
Financing?” Review of Accounting Studies, vol. 20, no. 4, 2015, pp. 1407–56,
doi:10.1007/s11142-015-9325-z.
short: A. Florou, U. Kosi, Review of Accounting Studies 20 (2015) 1407–1456.
date_created: 2018-08-22T07:47:41Z
date_updated: 2026-06-15T09:39:29Z
department:
- _id: '551'
- _id: '635'
- _id: '186'
doi: 10.1007/s11142-015-9325-z
extern: '1'
intvolume: ' 20'
issue: '4'
jel:
- G15
- K22
- M41
- M48
keyword:
- Accounting regulation
- IFRS
- Accounting quality
- Public and private debt markets
- Cost of debt
language:
- iso: eng
page: 1407-1456
publication: Review of Accounting Studies
publication_identifier:
eissn:
- 1573-7136
publication_status: published
status: public
title: Does mandatory IFRS adoption facilitate debt financing?
type: journal_article
user_id: '54068'
volume: 20
year: '2015'
...
---
_id: '17962'
author:
- first_name: Sönke
full_name: Albers, Sönke
last_name: Albers
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
citation:
ama: 'Albers S, Sureth-Sloane C. Editorial: What Is and What Is Not a Substantial
Contribution? Business Research. 2014;5(2).'
apa: 'Albers, S., & Sureth-Sloane, C. (2014). Editorial: What Is and What Is
Not a Substantial Contribution? Business Research, 5(2).'
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} }'
chicago: 'Albers, Sönke, and Caren Sureth-Sloane. “Editorial: What Is and What Is
Not a Substantial Contribution?” Business Research 5, no. 2 (2014).'
ieee: 'S. Albers and C. Sureth-Sloane, “Editorial: What Is and What Is Not a Substantial
Contribution?,” Business Research, vol. 5, no. 2, 2014.'
mla: 'Albers, Sönke, and Caren Sureth-Sloane. “Editorial: What Is and What Is Not
a Substantial Contribution?” Business Research, vol. 5, no. 2, 2014.'
short: S. Albers, C. Sureth-Sloane, Business Research 5 (2014).
date_created: 2020-08-14T08:58:07Z
date_updated: 2022-01-06T06:53:24Z
department:
- _id: '635'
intvolume: ' 5'
issue: '2'
language:
- iso: eng
main_file_link:
- open_access: '1'
url: https://link.springer.com/content/pdf/10.1007/BF03342734.pdf
oa: '1'
publication: Business Research
status: public
title: 'Editorial: What Is and What Is Not a Substantial Contribution?'
type: journal_article
user_id: '61801'
volume: 5
year: '2014'
...
---
_id: '4750'
author:
- first_name: Regina
full_name: Ortmann, Regina
id: '10020'
last_name: Ortmann
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
citation:
ama: Ortmann R, Sureth-Sloane C. Can the CCCTB Alleviate Tax Discrimination against
Loss-Making European Multinational Groups? Vol 165.; 2014.
apa: Ortmann, R., & Sureth-Sloane, C. (2014). Can the CCCTB Alleviate Tax
Discrimination against Loss-Making European Multinational Groups? (Vol. 165).
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} }'
chicago: Ortmann, Regina, and Caren Sureth-Sloane. Can the CCCTB Alleviate Tax
Discrimination against Loss-Making European Multinational Groups? Vol. 165.
Arqus, Quantitative Research in Taxation, 2014.
ieee: R. Ortmann and C. Sureth-Sloane, Can the CCCTB Alleviate Tax Discrimination
against Loss-Making European Multinational Groups?, vol. 165. 2014.
mla: Ortmann, Regina, and Caren Sureth-Sloane. Can the CCCTB Alleviate Tax Discrimination
against Loss-Making European Multinational Groups? Vol. 165, 2014.
short: R. Ortmann, C. Sureth-Sloane, Can the CCCTB Alleviate Tax Discrimination
against Loss-Making European Multinational Groups?, 2014.
date_created: 2018-10-15T11:07:03Z
date_updated: 2022-01-06T07:01:21Z
department:
- _id: '590'
- _id: '187'
- _id: '635'
intvolume: ' 165'
language:
- iso: eng
series_title: arqus, Quantitative Research in Taxation
status: public
title: Can the CCCTB Alleviate Tax Discrimination against Loss-Making European Multinational
Groups?
type: working_paper
user_id: '61801'
volume: 165
year: '2014'
...
---
_id: '5037'
author:
- first_name: Markus
full_name: Diller, Markus
last_name: Diller
- first_name: Pia
full_name: Kortebusch, Pia
last_name: Kortebusch
- first_name: Georg
full_name: Schneider, Georg
last_name: Schneider
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
citation:
ama: Diller M, Kortebusch P, Schneider G, Sureth-Sloane C. 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. Vol 167.;
2014.
apa: Diller, M., Kortebusch, P., Schneider, G., & Sureth-Sloane, C. (2014).
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 (Vol. 167).
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} }'
chicago: Diller, Markus, Pia Kortebusch, Georg Schneider, and Caren 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. Vol. 167. Arqus, Quantitative Research in Taxation, 2014.
ieee: M. Diller, P. Kortebusch, G. Schneider, and 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,
vol. 167. 2014.
mla: Diller, Markus, et al. 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. 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.
date_created: 2018-10-30T13:43:18Z
date_updated: 2022-01-06T07:01:35Z
department:
- _id: '187'
- _id: '635'
intvolume: ' 167'
language:
- iso: eng
series_title: arqus, Quantitative Research in Taxation
status: public
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
type: working_paper
user_id: '61801'
volume: 167
year: '2014'
...
---
_id: '23413'
article_type: original
author:
- first_name: Jannis
full_name: Bischof, Jannis
last_name: Bischof
- first_name: Michael
full_name: Ebert, Michael
id: '42419'
last_name: Ebert
citation:
ama: Bischof J, Ebert M. IFRS 7 Disclosures and Risk Perception of Financial Instruments.
Schmalenbach Business Review. 2014;66:276-308. doi:10.1007/bf03396908
apa: Bischof, J., & Ebert, M. (2014). IFRS 7 Disclosures and Risk Perception
of Financial Instruments. Schmalenbach Business Review, 66, 276–308.
https://doi.org/10.1007/bf03396908
bibtex: '@article{Bischof_Ebert_2014, title={IFRS 7 Disclosures and Risk Perception
of Financial Instruments}, volume={66}, DOI={10.1007/bf03396908},
journal={Schmalenbach Business Review}, author={Bischof, Jannis and Ebert, Michael},
year={2014}, pages={276–308} }'
chicago: 'Bischof, Jannis, and Michael Ebert. “IFRS 7 Disclosures and Risk Perception
of Financial Instruments.” Schmalenbach Business Review 66 (2014): 276–308.
https://doi.org/10.1007/bf03396908.'
ieee: 'J. Bischof and M. Ebert, “IFRS 7 Disclosures and Risk Perception of Financial
Instruments,” Schmalenbach Business Review, vol. 66, pp. 276–308, 2014,
doi: 10.1007/bf03396908.'
mla: Bischof, Jannis, and Michael Ebert. “IFRS 7 Disclosures and Risk Perception
of Financial Instruments.” Schmalenbach Business Review, vol. 66, 2014,
pp. 276–308, doi:10.1007/bf03396908.
short: J. Bischof, M. Ebert, Schmalenbach Business Review 66 (2014) 276–308.
date_created: 2021-08-16T10:12:27Z
date_updated: 2023-01-12T09:02:52Z
department:
- _id: '190'
- _id: '186'
- _id: '635'
doi: 10.1007/bf03396908
extern: '1'
intvolume: ' 66'
language:
- iso: eng
page: 276-308
publication: Schmalenbach Business Review
publication_identifier:
issn:
- 1439-2917
- 2194-072X
publication_status: published
status: public
title: IFRS 7 Disclosures and Risk Perception of Financial Instruments
type: journal_article
user_id: '42419'
volume: 66
year: '2014'
...
---
_id: '37107'
author:
- first_name: Annita
full_name: Florou, Annita
last_name: Florou
- first_name: Urska
full_name: Kosi, Urska
id: '54068'
last_name: Kosi
citation:
ama: 'Florou A, Kosi U. Does mandatory IFRS adoption facilitate debt financing?
. In: ; 2014.'
apa: Florou, A., & Kosi, U. (2014). Does mandatory IFRS adoption facilitate
debt financing? . 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} }'
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.
mla: Florou, Annita, and Urska Kosi. Does Mandatory IFRS Adoption Facilitate
Debt Financing? . 2014.
short: 'A. Florou, U. Kosi, in: 2014.'
conference:
location: Graz, Austria
name: DART Research Seminar
start_date: 2014-03-03
date_created: 2023-01-17T13:20:21Z
date_updated: 2023-01-17T13:36:58Z
department:
- _id: '635'
- _id: '186'
- _id: '551'
extern: '1'
language:
- iso: eng
status: public
title: 'Does mandatory IFRS adoption facilitate debt financing? '
type: conference
user_id: '88603'
year: '2014'
...
---
_id: '4037'
abstract:
- lang: eng
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.
author:
- first_name: Urska
full_name: Kosi, Urska
id: '54068'
last_name: Kosi
- first_name: Antonia
full_name: Reither, Antonia
last_name: Reither
citation:
ama: Kosi U, Reither A. Determinants of corporate participation in the IFRS 4 (insurance
contracts) replacement process. Accounting in Europe. 2014;11(1):89-112.
doi:10.1080/17449480.2014.897459
apa: Kosi, U., & Reither, A. (2014). Determinants of corporate participation
in the IFRS 4 (insurance contracts) replacement process. Accounting in Europe,
11(1), 89–112. https://doi.org/10.1080/17449480.2014.897459
bibtex: '@article{Kosi_Reither_2014, title={Determinants of corporate participation
in the IFRS 4 (insurance contracts) replacement process}, volume={11}, DOI={10.1080/17449480.2014.897459},
number={1}, journal={Accounting in Europe}, author={Kosi, Urska and Reither, Antonia},
year={2014}, pages={89–112} }'
chicago: 'Kosi, Urska, and Antonia Reither. “Determinants of Corporate Participation
in the IFRS 4 (Insurance Contracts) Replacement Process.” Accounting in Europe
11, no. 1 (2014): 89–112. https://doi.org/10.1080/17449480.2014.897459.'
ieee: 'U. Kosi and A. Reither, “Determinants of corporate participation in the IFRS
4 (insurance contracts) replacement process,” Accounting in Europe, vol.
11, no. 1, pp. 89–112, 2014, doi: 10.1080/17449480.2014.897459.'
mla: Kosi, Urska, and Antonia Reither. “Determinants of Corporate Participation
in the IFRS 4 (Insurance Contracts) Replacement Process.” Accounting in Europe,
vol. 11, no. 1, 2014, pp. 89–112, doi:10.1080/17449480.2014.897459.
short: U. Kosi, A. Reither, Accounting in Europe 11 (2014) 89–112.
date_created: 2018-08-22T07:55:49Z
date_updated: 2023-01-24T15:33:00Z
department:
- _id: '551'
- _id: '635'
- _id: '186'
doi: 10.1080/17449480.2014.897459
extern: '1'
intvolume: ' 11'
issue: '1'
jel:
- D72
- M41
- M48
keyword:
- standard setting
- IASB
- corporate lobbying
- financial firms
- IFRS 4
language:
- iso: eng
page: 89-112
publication: Accounting in Europe
publication_status: published
status: public
title: Determinants of corporate participation in the IFRS 4 (insurance contracts)
replacement process
type: journal_article
user_id: '54068'
volume: 11
year: '2014'
...
---
_id: '5036'
author:
- first_name: Rene
full_name: Fahr, Rene
id: '111'
last_name: Fahr
- first_name: Elmar A.
full_name: Janssen, Elmar A.
last_name: Janssen
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
orcid: ' 0000-0002-8183-5901'
citation:
ama: Fahr R, Janssen EA, Sureth-Sloane C. Can Tax Rate Changes Accelerate Investment
Under Entry and Exit Flexibility? - Insights from an Economic Experiment.
Vol 166.; 2014.
apa: Fahr, R., Janssen, E. A., & Sureth-Sloane, C. (2014). Can Tax Rate Changes
Accelerate Investment Under Entry and Exit Flexibility? - Insights from an Economic
Experiment (Vol. 166).
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} }'
chicago: Fahr, Rene, Elmar A. Janssen, and Caren Sureth-Sloane. Can Tax Rate
Changes Accelerate Investment Under Entry and Exit Flexibility? - Insights from
an Economic Experiment. Vol. 166. arqus, Quantitative Research in Taxation,
2014.
ieee: R. Fahr, E. A. Janssen, and C. Sureth-Sloane, Can Tax Rate Changes Accelerate
Investment Under Entry and Exit Flexibility? - Insights from an Economic Experiment,
vol. 166. 2014.
mla: Fahr, Rene, et al. Can Tax Rate Changes Accelerate Investment Under Entry
and Exit Flexibility? - Insights from an Economic Experiment. 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.
date_created: 2018-10-30T13:41:42Z
date_updated: 2026-01-10T10:19:19Z
department:
- _id: '187'
- _id: '179'
- _id: '635'
intvolume: ' 166'
language:
- iso: ger
series_title: arqus, Quantitative Research in Taxation
status: public
title: Can Tax Rate Changes Accelerate Investment Under Entry and Exit Flexibility?
- Insights from an Economic Experiment
type: working_paper
user_id: '530'
volume: 166
year: '2014'
...
---
_id: '14918'
author:
- first_name: Alexandra
full_name: Maßbaum, Alexandra
last_name: Maßbaum
- first_name: Caren
full_name: Sureth-Sloane, Caren
id: '530'
last_name: Sureth-Sloane
orcid: ' 0000-0002-8183-5901'
citation:
ama: Maßbaum A, Sureth-Sloane C. Thin Capitalization Rules and Entrepreneurial Capital
Structure Decisions. Business Research. 2014;2(2):147-169. doi:10.1007/bf03342708
apa: Maßbaum, A., & Sureth-Sloane, C. (2014). Thin Capitalization Rules and
Entrepreneurial Capital Structure Decisions. Business Research, 2(2),
147–169. https://doi.org/10.1007/bf03342708
bibtex: '@article{Maßbaum_Sureth-Sloane_2014, title={Thin Capitalization Rules and
Entrepreneurial Capital Structure Decisions}, volume={2}, DOI={10.1007/bf03342708},
number={2}, journal={Business Research}, author={Maßbaum, Alexandra and Sureth-Sloane,
Caren}, year={2014}, pages={147–169} }'
chicago: 'Maßbaum, Alexandra, and Caren Sureth-Sloane. “Thin Capitalization Rules
and Entrepreneurial Capital Structure Decisions.” Business Research 2,
no. 2 (2014): 147–69. https://doi.org/10.1007/bf03342708.'
ieee: 'A. Maßbaum and C. Sureth-Sloane, “Thin Capitalization Rules and Entrepreneurial
Capital Structure Decisions,” Business Research, vol. 2, no. 2, pp. 147–169,
2014, doi: 10.1007/bf03342708.'
mla: Maßbaum, Alexandra, and Caren Sureth-Sloane. “Thin Capitalization Rules and
Entrepreneurial Capital Structure Decisions.” Business Research, vol. 2,
no. 2, 2014, pp. 147–69, doi:10.1007/bf03342708.
short: A. Maßbaum, C. Sureth-Sloane, Business Research 2 (2014) 147–169.
date_created: 2019-11-13T09:25:43Z
date_updated: 2026-04-09T09:24:43Z
department:
- _id: '187'
- _id: '635'
doi: 10.1007/bf03342708
intvolume: ' 2'
issue: '2'
language:
- iso: eng
page: 147-169
publication: Business Research
publication_identifier:
issn:
- 2198-3402
- 2198-2627
publication_status: published
quality_controlled: '1'
status: public
title: Thin Capitalization Rules and Entrepreneurial Capital Structure Decisions
type: journal_article
user_id: '74000'
volume: 2
year: '2014'
...