---
_id: '57929'
author:
- first_name: Jannis
  full_name: Bischof, Jannis
  last_name: Bischof
- first_name: Daniel
  full_name: Foos, Daniel
  last_name: Foos
- first_name: Jan
  full_name: Riepe, Jan
  id: '86351'
  last_name: Riepe
citation:
  ama: Bischof J, Foos D, Riepe J. Does Greater Transparency Discipline the Loan Loss
    Provisioning of Privately Held Banks? <i>European Accounting Review</i>. Published
    online 2023:1-31. doi:<a href="https://doi.org/10.1080/09638180.2023.2277327">10.1080/09638180.2023.2277327</a>
  apa: Bischof, J., Foos, D., &#38; Riepe, J. (2023). Does Greater Transparency Discipline
    the Loan Loss Provisioning of Privately Held Banks? <i>European Accounting Review</i>,
    1–31. <a href="https://doi.org/10.1080/09638180.2023.2277327">https://doi.org/10.1080/09638180.2023.2277327</a>
  bibtex: '@article{Bischof_Foos_Riepe_2023, title={Does Greater Transparency Discipline
    the Loan Loss Provisioning of Privately Held Banks?}, DOI={<a href="https://doi.org/10.1080/09638180.2023.2277327">10.1080/09638180.2023.2277327</a>},
    journal={European Accounting Review}, publisher={Informa UK Limited}, author={Bischof,
    Jannis and Foos, Daniel and Riepe, Jan}, year={2023}, pages={1–31} }'
  chicago: Bischof, Jannis, Daniel Foos, and Jan Riepe. “Does Greater Transparency
    Discipline the Loan Loss Provisioning of Privately Held Banks?” <i>European Accounting
    Review</i>, 2023, 1–31. <a href="https://doi.org/10.1080/09638180.2023.2277327">https://doi.org/10.1080/09638180.2023.2277327</a>.
  ieee: 'J. Bischof, D. Foos, and J. Riepe, “Does Greater Transparency Discipline
    the Loan Loss Provisioning of Privately Held Banks?,” <i>European Accounting Review</i>,
    pp. 1–31, 2023, doi: <a href="https://doi.org/10.1080/09638180.2023.2277327">10.1080/09638180.2023.2277327</a>.'
  mla: Bischof, Jannis, et al. “Does Greater Transparency Discipline the Loan Loss
    Provisioning of Privately Held Banks?” <i>European Accounting Review</i>, Informa
    UK Limited, 2023, pp. 1–31, doi:<a href="https://doi.org/10.1080/09638180.2023.2277327">10.1080/09638180.2023.2277327</a>.
  short: J. Bischof, D. Foos, J. Riepe, European Accounting Review (2023) 1–31.
date_created: 2025-01-06T08:21:48Z
date_updated: 2025-01-06T08:22:15Z
doi: 10.1080/09638180.2023.2277327
language:
- iso: eng
page: 1-31
publication: European Accounting Review
publication_identifier:
  issn:
  - 0963-8180
  - 1468-4497
publication_status: published
publisher: Informa UK Limited
status: public
title: Does Greater Transparency Discipline the Loan Loss Provisioning of Privately
  Held Banks?
type: journal_article
user_id: '91345'
year: '2023'
...
---
_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.
    <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>
  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>
  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} }'
  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>.'
  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.
  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>.
  short: T. Bauer, T. Kourouxous, European Accounting Review 26 (2017) 419–440.
date_created: 2018-10-30T12:44:44Z
date_updated: 2022-01-06T07:01:34Z
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
status: public
title: Capital Charge Rates, Investment Incentives and Taxation
type: journal_article
user_id: '61801'
volume: 26
year: '2017'
...
---
_id: '47913'
article_type: original
author:
- first_name: Daniel
  full_name: Reimsbach, Daniel
  id: '100169'
  last_name: Reimsbach
- first_name: Rüdiger
  full_name: Hahn, Rüdiger
  last_name: Hahn
- first_name: Anil
  full_name: Gürtürk, Anil
  last_name: Gürtürk
citation:
  ama: 'Reimsbach D, Hahn R, Gürtürk A. Integrated Reporting and Assurance of Sustainability
    Information: An Experimental Study on Professional Investors’ Information Processing.
    <i>European Accounting Review</i>. 2017;27(3):559-581. doi:<a href="https://doi.org/10.1080/09638180.2016.1273787">10.1080/09638180.2016.1273787</a>'
  apa: 'Reimsbach, D., Hahn, R., &#38; Gürtürk, A. (2017). Integrated Reporting and
    Assurance of Sustainability Information: An Experimental Study on Professional
    Investors’ Information Processing. <i>European Accounting Review</i>, <i>27</i>(3),
    559–581. <a href="https://doi.org/10.1080/09638180.2016.1273787">https://doi.org/10.1080/09638180.2016.1273787</a>'
  bibtex: '@article{Reimsbach_Hahn_Gürtürk_2017, title={Integrated Reporting and Assurance
    of Sustainability Information: An Experimental Study on Professional Investors’
    Information Processing}, volume={27}, DOI={<a href="https://doi.org/10.1080/09638180.2016.1273787">10.1080/09638180.2016.1273787</a>},
    number={3}, journal={European Accounting Review}, publisher={Informa UK Limited},
    author={Reimsbach, Daniel and Hahn, Rüdiger and Gürtürk, Anil}, year={2017}, pages={559–581}
    }'
  chicago: 'Reimsbach, Daniel, Rüdiger Hahn, and Anil Gürtürk. “Integrated Reporting
    and Assurance of Sustainability Information: An Experimental Study on Professional
    Investors’ Information Processing.” <i>European Accounting Review</i> 27, no.
    3 (2017): 559–81. <a href="https://doi.org/10.1080/09638180.2016.1273787">https://doi.org/10.1080/09638180.2016.1273787</a>.'
  ieee: 'D. Reimsbach, R. Hahn, and A. Gürtürk, “Integrated Reporting and Assurance
    of Sustainability Information: An Experimental Study on Professional Investors’
    Information Processing,” <i>European Accounting Review</i>, vol. 27, no. 3, pp.
    559–581, 2017, doi: <a href="https://doi.org/10.1080/09638180.2016.1273787">10.1080/09638180.2016.1273787</a>.'
  mla: 'Reimsbach, Daniel, et al. “Integrated Reporting and Assurance of Sustainability
    Information: An Experimental Study on Professional Investors’ Information Processing.”
    <i>European Accounting Review</i>, vol. 27, no. 3, Informa UK Limited, 2017, pp.
    559–81, doi:<a href="https://doi.org/10.1080/09638180.2016.1273787">10.1080/09638180.2016.1273787</a>.'
  short: D. Reimsbach, R. Hahn, A. Gürtürk, European Accounting Review 27 (2017) 559–581.
date_created: 2023-10-10T09:19:32Z
date_updated: 2023-10-30T11:36:28Z
department:
- _id: '186'
- _id: '815'
doi: 10.1080/09638180.2016.1273787
intvolume: '        27'
issue: '3'
keyword:
- Business
- Management and Accounting (miscellaneous)
- Accounting
- Business and International Management
- Economics
- Econometrics and Finance (miscellaneous)
- Economics and Econometrics
- Finance
language:
- iso: eng
page: 559-581
publication: European Accounting Review
publication_identifier:
  issn:
  - 0963-8180
  - 1468-4497
publication_status: published
publisher: Informa UK Limited
status: public
title: 'Integrated Reporting and Assurance of Sustainability Information: An Experimental
  Study on Professional Investors’ Information Processing'
type: journal_article
user_id: '21810'
volume: 27
year: '2017'
...
---
_id: '5045'
author:
- first_name: Rainer
  full_name: Niemann, Rainer
  last_name: Niemann
- first_name: Caren
  full_name: Sureth-Sloane, Caren
  id: '530'
  last_name: Sureth-Sloane
  orcid: ' 0000-0002-8183-5901'
citation:
  ama: Niemann R, Sureth-Sloane C. Sooner or Later? – Paradoxical Investment Effects
    of Capital Gains Taxation under Simultaneous Investment and Abandonment Flexibility.
    <i>European Accounting Review</i>. 2013;22(2):367-390. doi:<a href="https://doi.org/10.1080/09638180.2012.682781">10.1080/09638180.2012.682781</a>
  apa: Niemann, R., &#38; Sureth-Sloane, C. (2013). Sooner or Later? – Paradoxical
    Investment Effects of Capital Gains Taxation under Simultaneous Investment and
    Abandonment Flexibility. <i>European Accounting Review</i>, <i>22</i>(2), 367–390.
    <a href="https://doi.org/10.1080/09638180.2012.682781">https://doi.org/10.1080/09638180.2012.682781</a>
  bibtex: '@article{Niemann_Sureth-Sloane_2013, title={Sooner or Later? – Paradoxical
    Investment Effects of Capital Gains Taxation under Simultaneous Investment and
    Abandonment Flexibility}, volume={22}, DOI={<a href="https://doi.org/10.1080/09638180.2012.682781">10.1080/09638180.2012.682781</a>},
    number={2}, journal={European Accounting Review}, publisher={Informa UK Limited},
    author={Niemann, Rainer and Sureth-Sloane, Caren}, year={2013}, pages={367–390}
    }'
  chicago: 'Niemann, Rainer, and Caren Sureth-Sloane. “Sooner or Later? – Paradoxical
    Investment Effects of Capital Gains Taxation under Simultaneous Investment and
    Abandonment Flexibility.” <i>European Accounting Review</i> 22, no. 2 (2013):
    367–90. <a href="https://doi.org/10.1080/09638180.2012.682781">https://doi.org/10.1080/09638180.2012.682781</a>.'
  ieee: 'R. Niemann and C. Sureth-Sloane, “Sooner or Later? – Paradoxical Investment
    Effects of Capital Gains Taxation under Simultaneous Investment and Abandonment
    Flexibility,” <i>European Accounting Review</i>, vol. 22, no. 2, pp. 367–390,
    2013, doi: <a href="https://doi.org/10.1080/09638180.2012.682781">10.1080/09638180.2012.682781</a>.'
  mla: Niemann, Rainer, and Caren Sureth-Sloane. “Sooner or Later? – Paradoxical Investment
    Effects of Capital Gains Taxation under Simultaneous Investment and Abandonment
    Flexibility.” <i>European Accounting Review</i>, vol. 22, no. 2, Informa UK Limited,
    2013, pp. 367–90, doi:<a href="https://doi.org/10.1080/09638180.2012.682781">10.1080/09638180.2012.682781</a>.
  short: R. Niemann, C. Sureth-Sloane, European Accounting Review 22 (2013) 367–390.
date_created: 2018-10-30T13:53:32Z
date_updated: 2023-01-31T12:13:03Z
department:
- _id: '187'
- _id: '635'
doi: 10.1080/09638180.2012.682781
intvolume: '        22'
issue: '2'
language:
- iso: eng
page: 367-390
publication: European Accounting Review
publication_identifier:
  issn:
  - 0963-8180
  - 1468-4497
publication_status: published
publisher: Informa UK Limited
quality_controlled: '1'
status: public
title: Sooner or Later? – Paradoxical Investment Effects of Capital Gains Taxation
  under Simultaneous Investment and Abandonment Flexibility
type: journal_article
user_id: '21222'
volume: 22
year: '2013'
...