Rising geopolitical tensions, hybrid threats and the strategic importance of critical infrastructure as well as emerging technologies have heightened the risks associated with cross-border M&A investments. In recent years, governments have therefore expanded foreign investment screening mechanisms as a comparatively moderate alternative to stricter protectionist policies. But…
Read moreThe Corporate Sustainability Reporting Directive (CSRD), an EU directive on sustainability reporting introduced in 2023, obliges European companies to report in accordance with the European Sustainability Standards (ESRS) from 2025. The aim of the CSRD is to improve the quality, comparability and reliability of sustainability reporting and to oblige companies…
Read moreTax audits are a cornerstone of effective tax enforcement. They generate substantial additional tax revenues, help reinforce compliance and enhance trust in the tax system. Yet tax administrations everywhere face the same issue: limited resources. So what makes a tax audit efficient, and how can tax administrations organize their…
Read moreCorporate disclosures are designed to inform investors through carefully chosen words. However, spoken disclosures, such as in earnings conference calls, carry another layer of communication: the human voice. Even when managers aim to sound neutral, how they speak may unintentionally reveal information about future firm prospects. Understanding whether these…
Read moreA new study by researchers of the TRR 266 Accounting for Transparency sheds light on how employers perceive the growing influence of artificial intelligence on skilled professions. The study, entitled “Beliefs About Bots: How Employers Plan for AI in White-Collar Work” provides the first randomized-experimental, evidence-based insights…
Read moreLeadership is widely recognized as a key factor in the success of individuals, teams, organizations, and even societies. Which leadership style best supports productivity and mental well-being, however, may depend on the environment. The question as to which leadership is most suitable in crisis became particularly urgent during the…
Read moreTransparency is often seen as a hallmark of responsible business conduct and regulators frequently turn to mandatory reporting to improve it. However, a recent field experiment by Joachim Gassen and Maximilian Muhn, published in the Journal of Accounting Research, shows that for many small private firms,…
Read moreTRR 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, Goethe University Frankfurt, University of Cologne, Leibniz University Hannover and TU Darmstadt who share the same research agenda.