Blog All blog posts
Action & Reaction: Firms’ responses to short sellers’ reports
The term activist short seller refers to hedge funds or individuals who aim to profit from a decrease in a company’s stock price. What does that mean exactly? Read More
Bankruptcies: a victim of the corona crisis?
The number of German companies filing for insolvency proceedings (bankruptcy) fell astonishingly during the pandemic. This is revealed by a newly compiled insolvency database. Read More
Perfect trio or lone fighter: Contracting authority, monitoring, and incentives in hierarchies
Incentive compensation, performance monitoring, and the delegation of authority to managers – these three management control measures are often considered inextricably linked. In many cases, they are considered complementary. But does this always hold true? And how do they interact in hierarchies? Read More
Publications All publications
Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis
Non-random sampling and association tests on realized returns and risk proxies
Responding to activist short sellers: Allegations, firm responses, and outcomes
The usefulness of financial accounting information: Evidence from the field
Researcher of the Month
May 2021
Prof. Dr. Michael Ebert
"Together we can systematically work on a superior topic of great social relevance and from many different angles."
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The TRR 266 Accounting for Transparency is a trans-regional Collaborative Research Center funded by the German Research Foundation (Deutsche Forschungsgemeinschaft – DFG). Our team of more than 80 dedicated researchers examines how accounting and taxation affect firm and regulatory transparency and how regulation and transparency impact our economy and society. We intend to help develop effective regulation for firm transparency and a transparent tax system. Naturally, we also ensure transparency of our own research.
Participating Institutions
TRR 266‘s main locations are Paderborn University (Coordinating University), HU Berlin, and University of Mannheim. All three locations have been centers for accounting and tax research for many years. They are joined by researchers from LMU Munich, Frankfurt School of Finance and Management, WHU – Otto Beisheim School of Management, ESMT Berlin and Goethe University Frankfurt who share the same research agenda.